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Facebook staff discussed selling API access to apps in 2012-2014

Following a flopped IPO in 2012, Facebook desperately brainstormed new ways to earn money. An employee of unknown rank sent an internal email suggesting Facebook charge developers $250,000 per year for access to its platform APIs for making apps that can ask users for access to their data. Employees also discussed offering Tinder extended access […]

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Nintendo’s Switch fortunes persist

The Nintendo Switch continues to prove itself as quite the formidable little console. Today, Nintendo shared a press release of victory lap brags from its Thanksgiving weekend sales. The company detailed that $250 million in Nintendo products were purchased over the four-day period with the company’s Nintendo Switch console leading the way. The company also […]

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‘The Inventor,’ a documentary about Theranos and the ‘psychology of deception,’ will premiere at Sundance

A feature film chronicling the misadventures of Elizabeth Holmes, the criminally charged founder of the once high-flying and now-defunct biotech startup Theranos, will make its official debut at the Sundance Film Festival in Park City, Utah in 2019. Titled “The Inventor: Out for Blood in Silicon Valley,” the film was directed by Alex Gibney and […]

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India’s Drivezy raises $20M for its on-demand vehicle rental service

It’s been a year for on-demand services in India. Drivezy today became the latest to refuel after it raised a $20 million Series B. The round was led by existing investor Das Capital, with participation from automotive giant Yamaha, Axan Partners and IT-Farm. The deal takes Drivezy, which was formerly known as JustRide, to $31 million raised to date. In addition, […]

technology

YouTube quietly added free, ad-supported movies to its site

YouTube quietly added around 100 ad-supported Hollywood movies to its site, beginning last month, according to a new report from AdAge. The titles include a mix of classics like “Rocky” and “The Terminator,” as well as other family fare like “Zookeeper,” “Agent Cody Banks,” and “Legally Blonde,” among others. Before, YouTube had only offered consumers […]

technology

SparkLabs Taipei closes initial $4.25M for its first fund, adds Jeremy Lin as an advisor

SparkLabs Taipei, part of SparkLabs Group, the global network of accelerator programs and funds that works with emerging startup ecosystems, has raised $4.25 million in an initial close led by CTBC Group, along with individual investors, for its first venture capital fund. SparkLabs Taipei also announced today that it has added Atlanta Hawks player Jeremy […]

technology

Microsoft could release a disc-less Xbox One

According to a new report from Thurott, Microsoft has been working on a new console in the Xbox One family. This cheaper model could play regular Xbox One games, but there would be no Blu-Ray drive. This move would lower the price of the entry-level Xbox One. An Xbox One S officially starts at $299 […]

technology

How cities can fix tourism hell

A steep and rapid rise in tourism has left behind a wake of economic and environmental damage in cities around the globe. In response, governments have been responding with policies that attempt to limit the number of visitors who come in. We’ve decided to spare you from any more Amazon HQ2 talk and instead focus […]

technology

Blockchain gaming gets a boost with Mythical Games’ $16M Series A

Fortnite, the free multi-player survival game, has earned an astonishing $1 billion from in-game virtual purchases alone. Now, others in the gaming industry are experimenting with how they too can capitalize on new trends in gaming. Mythical Games, a startup out of stealth today with $16 million in Series A funding, is embracing a future in […]

technology

Walmart passes Apple to become No. 3 online retailer in U.S.

Walmart has overtaken Apple to become the No. 3 online retailer in the U.S., according to a report this week from eMarketer. While Amazon still leads by a wide margin, accounting for 48 percent of e-commerce sales in 2018, Walmart – including also Sam’s Club and Jet.com – is poised to capture 4 percent of […]