Square’s somewhat conservative pricing earlier this month just got a lot more conservative. Square today priced its initial public offering at $9, giving the company a valuation of $2.66 billion. The last time the company raised money, it was valued at $6 billion, and earlier this month gave a range of $11 to $13 per share, valuing the company at $4.19 billion. Read MoreSquare Prices Its IPO At $9
Square’s somewhat conservative pricing earlier this month just got a lot more conservative. Square today priced its initial public offering at $9, giving the company a valuation of $2.66 billion. The last time the company raised money, it was valued at $6 billion, and earlier this month gave a range of $11 to $13 per share, valuing the company at $4.19 billion. Read More
Facebook’s on a quest to absorb the Internet, and now it looks like it could invade crowdfunding. Today the company released a new Fundraiser product that allows non-profits to set up a campaign page, show off a video explaining their goal, collect cash, and let people share News Feed posts with buttons so their friends can instantly contribute without clicking to a new page. As is…
Mark Zuckerberg said on Tuesday night that Facebook had activated its Safety Check feature in Nigeria after a market bombing killed dozens. Zuckerberg’s announcement came after the platform faced criticism for turning on the Safety Check feature for the Paris terror attacks, but not for other tragedies like the suicide attacks the day before in Beirut. Facebook said over the weekend…
Only a tiny fraction of Instagram feed reading happens in third-party apps, so Instagram is shutting down its feed API to make feature development nimbler and create a more consistent user experience. The move is part a big cleanup of the Instagram platform. It involves listing exactly what’s allowed with its APIs, an app permission review process that makes Instagram a gated platform, and…
Google+ has always been a project for Google, regardless of what you’ve read in the media. With projects, come changes…and there have been quite a few for Google+ this year.
Text messaging apps are on the rise, but according to Jessica Taylor, founder and CEO of Rolltape, “Nobody feels like they’re getting closer. People still feel like they’re getting more isolated.” That’s the problem she’s trying to solve with her new app. Taylor (pictured above with her co-founder and CTO Elisabeth Boonin) suggested that while texts are…
There are many visions of what our hyper-connected future might look like. We’re packaged countless variants on the shiny-techie-future vision theme every day as marketing departments lay it on thick to try to put gloss on their latest product and restless grease on the wheels of consumption…