Given the significant influx of new talent that has poured into the venture capital industry and the extended length of feedback cycles, it’s not that surprising that VCs tend to stick to old norms even if they may not apply in today’s market. Read More
Salesforce today reported adjusted profit of $0.16 per share on revenue if $1.51 billion in the first quarter of its fiscal 2016. The market had expected the SaaS firm to report $0.14 in adjusted, per-share profit on revenue of $1.5 billion. Read More
Kentucky Senator Rand Paul has been rambling on the Senate floor about National Security Agency surveillance for three hours and counting.
In a pseudo-filibuster, the presidential candidate has taken a lengthy tirade against the Patriot Act, which he calls “the most unpatriotic of acts.” The lengthy floor speech comes as several Patriot Act provisions are set to expire on June 1… Read More
A problem that led to Windows Phone app developers seeing declining ad revenue from Google’s AdMob ad network has now been resolved, says Google. Earlier this week, news emerged that a number of Windows Phone developers had seen their ad fill rates drop by a significant amount during the month, which greatly impacted their ability to generate revenue using Google’s ads in their apps. Read More
Ordering pizza by tweeting an emoji of slice to Domino’s is not as fun as it sounds. In case you missed it, in a marketing stunt expansion of its “Anyware” program, Domino’s announced earlier this month that it would soon roll out a “tweet-to-order” system that would allow anyone on Twitter to simply tweet the pizza emoji to the @dominos Twitter account to… Read More
The disconnect between American citizens’ desire for privacy and the actions of the U.S. government — and big technology companies — continues. A new survey by the Pew Research Center underlines the extent of the mistrust between citizens, government institutions and tech services — with less than a third (31 per cent) of U.S. citizens expressing confidence in… Read More
Microsoft is at it again today, with a new Windows 10 build. The operating system, due out this summer, has reached something akin to an inflection point: Microsoft appears now more focused on smoothing out the code than adding new features to the software. The build is for subscribers of the ‘fast ring’ of the Windows Insider program. On the front, I asked Microsoft if it has… Read More
TechCrunch is headed to Grand Rapids to host our first mini-meetup and pitch-off in West Michigan. The doors open tomorrow, Thursday May 21st, at 5:00. Expect the pitches to start around 5:30. Thanks to Start Garden, the event is free and there will be an open bar that hopefully serves some great local beers. I hear the venue is almost at capacity. RSVP here to reserve a spot. Five local… Read More
After a brief – but energetic – flirtation with hardware startups, Radio Shack went bankrupt, leaving many creditors in the cold. The hardest hit? Those same hardware startups. According to an open database of creditors, Radio Shack owes the likes of Afinia, Parallax, and LittleBits thousands of dollars. Seeed Studio is owed the most: $806,051.63 Maker Media (MAKE Magazine) is owed… Read More
Dropbox shed an executive today. The storage and file-sharing company’s Ilya Fushman is joining Index Ventures as a general partner.
Index Ventures led Dropbox’s $250 million Series B round of funding. Benchmark, Greylock and IVP also participated in that round. According to startup and funding database CrunchBase, Dropbox has raised north of $1 billion during its life. Read More