Finance
Auto Added by WPeMatico
Airbnb Confirms Its Massive $1.5 Billion Raise
Back in June, the WSJ reported that Airbnb had raised a massive $1.5 billion round of funding. Today, the company confirmed those reports by way of SEC filing. The total offering and sold amount is $1,499,937,904.00 for those keeping score. Airbnb’s valuation is now at or above $25 billion, which is just staggering. It sounds like Airbnb is going to focus on strengthening itself… Read More
Powered by WPeMatico
Cookies Wants To Become The Venmo Of Europe
Many have tried, but no European company has become as successful as Venmo so far. Venmo is a great way to pay back your friends in a few taps without having to pay any fee. But its main issue is that it only works in the U.S. Stealth startup Cookies wants to do just like Venmo, but in Europe. Read More
Powered by WPeMatico
Will Vivendi Acquire Ubisoft And Gameloft?
Slowly but surely, Vivendi is trying to get back into the video game industry. After selling back its stake into Activision Blizzard in 2013, the company is looking at another video game giant — Ubisoft. Here’s a quick recap. Slack Preps For IPO, Even If It Doesn’t Want Or Need One Soon
When Slack’s IPO window opens, it wants to be able to quickly spring into the public markets. Otherwise it could see sour conditions or botched IPOs by other tech companies shut the window before it rings the opening bell. That’s why Slack CEO Stewart Butterfield says its already getting its ducks in a row so its poised to IPO when the time comes. Today, Butterfield The Australian… Read More
Powered by WPeMatico
Robinhood Gives Zero-Fee Stock Trading To Other Apps
What Stripe did for easy payments, Robinhood is doing for free stock trading. This week the brokerage startup launched its platform so developers can bake its zero-commission stock trading into their products. Stop for a second and think about how big a deal this is. Before now, there were two types of stock apps. Ones that actually let you make trades but charged you a fee of around $7,… Read More
Powered by WPeMatico
Coinbase Partners With Shift Payments To Issue Bitcoin Debit Card
This isn’t the first bitcoin debit card in the world, but this is the first one that works with your Coinbase account. Coinbase has partnered with Shift Payments so that you can get a Visa card for just $10 and pay everywhere with your bitcoins. There are no fees for now. Read More
Powered by WPeMatico
NY State Rules Daily Fantasy Illegal, Ordering FanDuel & DraftKings To Stop Taking Bets
Today, the NY Attorney General dropped a bomb on daily fantasy sports sites like FanDuel and DraftKings. Sites like them have been categorized as “illegal gambling sites” and have ordered them to cease taking money from the residents of New York state. The official cease-and-desist notices have been delivered. BREAKING: NY Attorney General determines that FanDuel & DraftKings… Read More
Powered by WPeMatico
Trim Will Find Your Subscriptions, Cancel Those You No Longer Want
Netflix, Hulu, Amazon Prime, Birchbox, Spotify, HBO NOW, newspapers, box of the month clubs, meal services, and more: The rise of subscription-based commerce means consumers now pay for a number of items on a recurring basis. But even a few dollars spent here and there have a way of adding up, and eating into your household’s budget. A new startup called Trim wants to help you… Read More
Powered by WPeMatico
500 Startups Introduces Batch 15: Under-Sea Drones, Puppy Treats, And On-Demand Snow Plowing
It seems like only yesterday that we were introducing you to 500’s Batch 14, but Summer is gone, the demos have been done, we’ve picked our favs and it’s time to introduce you to the next group going through 500’s accelerator — 500 Startups’ Batch 15. 500 Startups has a thesis of investing in many startups, some that they consider “unsexy,”… Read More
Powered by WPeMatico
Facebook Speeds Past 1.55 Billion Users And Q3 Estimates With $4.5B Revenue
Facebook’s growth continues as it hit 1.55 billion users and beat the street’s estimates in its Q3 2015 earnings with $4.5 billion in revenue and $0.57 earnings per share, up a big 11.3% from $4.04 billion last quarter.
Facebook’s monthly user count was up sharply to 4.02% quarter over quarter from Q2’s 3.47% growth. That shows that while it might have hit sign-up… Read More
Powered by WPeMatico