Thursday, November 30, 2017

Yext sees 39% revenue growth in latest quarter

 Yext, the company that powers search results for retail locations, reported third-quarter earnings after the bell on Thursday. The New York-based company said it brought in $44.3 million in revenue for the third quarter.This is 39% growth from the same period last year. Analysts had been expecting $43.85 million in revenue. Losses came in at an adjusted 12 cents per share, better than the… Read More

'Robocop,' 'Rocky' and 'Space Jam' arrive online - CNET

A bunch of fun titles hit Netflix, Amazon and Hulu just in time for the weekend.
By: CNET

Pinterest business lead Tim Kendall is leaving the company

 Pinterest president Tim Kendall, who has since joining in 2012 overseen the growth of the startup’s advertising business and launch of a wide array of ad products, is leaving the company at the end of the year. Kendall oversaw the company’s business operations for the past five years as it sought to grow from a niche advertising product in experimental budgets to something worth… Read More

VC Shervin Pishevar reportedly accused of sexual harassment - CNET

Several women have accused the early Uber investor of making unwanted sexual advances, Bloomberg reports.
By: CNET

Twitter Lite with lower data usage becomes available in 24 new countries

 Twitter is rolling out its “Lite” version, after a successful trial in the Philippines. The Android app will become available in two dozen countries across Africa, Asia, Europe, the Middle East and Latin America. Not too different from Facebook Lite, Twitter has also built a version of its app that’s optimized for developing countries. Twitter Lite minimizes data usage,… Read More

Amazon's Jeff Bezos claims chicken-wing eating crown - CNET

Commentary: Jeff Bezos himself tweets with pride, after the company's AWS re:Invent conference throws up a real winner.
By: CNET

The reason you always plug in USBs the wrong way, revealed - CNET

Trying to plug in a USB cord is kind of a nightmare. One of USB's creators has explained why.
By: CNET

Lyft gained from Uber’s scandals, sees revenue triple

 Lyft appears to have benefited from Uber’s tough year. The U.S. rival has seen its revenue growth more than triple, according to a report from The Information.  The media outlet viewed financial reports, which showed Lyft brought in $483 million in revenue in the first half of 2017, compared to about $150 million in the same timeframe last year. The company also greatly improved its… Read More

Qualcomm asks ITC to ban sales of Intel-based iPhone X in US - CNET

The legal filing is the latest move in a heated patent infringement battle between Apple and its key chip supplier.
By: CNET

Episode 1 rolls out new $81m seed-to-Series A fund, despite Brexit headwinds

 Episode 1 has been a stalwart of the early stage funding scene in London for the last few years, investing in successful startups like Carwow, Triptease and AimBrain. It’s now closed its second UK “seed-to-Series A” fund which generally aims to lead rounds of £500k to £2m. The fund is a £60m ($81m) Enterprise Capital Fund (ECF), raised with the support of the British… Read More

There’s an implosion of early-stage VC funding, and no one’s talking about it

 Amid record amounts of capital raised by VCs worldwide, and a sharp rise in the number of private “unicorns,” there has been a quiet, barely noticed implosion in early-stage VC activity worldwide. This is now a three-year trend, so cannot be “blamed” on macro or short-term factors. More worryingly, it comes at a time of unprecedented stock market valuations worldwide. Read More

Qualcomm alleges that Apple’s iPhone infringes on Palm Pre patents

 Shortly after the announcement of the iPhone X in September, my colleague Natasha Lomas noted the similarities between the phone and how WebOS operated on the Palm Pre. She ended her article, noting “in the iPhone X it’s clear you’re looking at a little ghost of the Pre.” It seems that Qualcomm’s legal team was taking note, they cited that line in a complaint… Read More

Google Home learns how to multitask

 Google’s smart speaker got a little smarter this week, with the addition of a multitasking feature. The new capability make it possible for the device to accomplish two different missions at the same time. It was rolled out with little fanfare and first noted by CNET. We’ve since confirmed the addition with Google. It’s a bit surprising that the company rolled it out to… Read More