Month: July 2017

Peter Yared is a co-founder and the CTO at Sapho. More posts by this contributor: Despite an early lead with Windows Mobile and Windows CE — and spending billions on Nokia’s mobile business — Microsoft has been on its heels in the mobile device market since the one-two punch of iPhone and Android launching in
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Stitch Fix has filed confidentially for an initial public offering, setting itself up for another big test for the IPO market in the near future, sources tell TechCrunch. While we don’t know exactly when Stitch Fix will go public, we do know that a handful of companies are planning to go between Labor Day and
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Twitter might have found an interesting halfway point between charging subscriptions and its traditional advertising revenue model – automatic promoted tweets for a flat $99 monthly fee, which could appeal to power users and brands alike. The service, spotted by Matt Navarra when Twitter emailed him as a past Twitter Ads user, “automatically amplifies your
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Chinese smartphone maker Xiaomi has secured a $1 billion loan in order to develop its international focus and build out its offline sales presence. The company revealed today that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint
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Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that’s not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot, but she took to Twitter to make it clear that it’s not happening. In a three-part tweet, she concluded that the “rumors” have “become a distraction,”
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Social VR app AltspaceVR is shutting down its main service after running out of cash, saying it “can’t afford to keep the virtual lights on anymore.” The app was one of the first VR social experiences to gain traction and was available across a variety of platforms. In a blog post titled “A Very Sad
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Technology isn’t necessarily the best solution for forging new real life connections, whatever the collective marketing spiel of the web’s social giants likes to claim. An especially tricky type of human connection for an app to ‘fix’ is making new friends, as friendships are often forged in the fire of random real life experience. And
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Twitter reported its second-quarter earnings today, and it did not go over well. As a result, the stock is down more than 12% in trading today — which is a very Twitter thing to happen, so to speak. Here’s the chart, which could pretty much be summed up with a 😐: Today also wiped out most
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