Visa Is Acquiring Plaid For $5.3 Billion, 2X Its Final Private Valuation
Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation: Alex Wilhelm, Ron Miller
Visa announced today that it is buying financial services API startup Plaid for $5.3 billion. Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of facilitating payments, it helps developers share banking and oth…
Have we hit peak smartphone?: Brian Heater
Last Halloween, we broke down some “good news” from a Canalys report: the smartphone industry saw one-percent year-over-year growth — not exactly the sort of thing that sparks strong consumer confidence. In short, 2019 sucked for smartphones, as did the year …
Transforming #MeToo into the industry’s first investor clause: Elizabeth Gore
The New Majority of entrepreneurs is here to stay, and our morality clause is just the beginning of a new path to small business success.
Google brings IBM Power Systems to its cloud: Frederic Lardinois
As Google Cloud looks to convince more enterprises to move to its platform, it needs to be able to give businesses an onramp for their existing legacy infrastructure and workloads that they can’t easily replace or move to the cloud. A lot of those workloads r…
Another former Kleiner partner launches a fund; this time it's Lynn Chou O'Keefe with Define Ventures: Connie Loizos
Kleiner is known for many things. Among them, increasing, the growing number of people who’ve logged time at the firm, then struck out on their own to start hang their own shingles. The latest among them: Lynn Chou O’Keefe, who joined Kleiner Perkins in 2013 …
Wear your helmet, concludes new study showing electronic scooter injuries have nearly tripled in the last four years: Sarah Buhr
Taking a ride on an electronic scooter soon? Wear your helmet! According to a recent study published in JAMA Surgery, not wearing headgear or taking other precautions while riding is increasingly sending young people to the hospital — leading to over 40,000 b…
Building long-tail success after a breakout game: Lucas Matney
For many gamers, Pokémon GO was an exciting fad that ate up their summer and was just another chapter in a franchise. A lot of these people would already treat the game like some sort of nostalgic mid-2010s hit, but the game is minting cash from users at a mo…
Disrupting Space: A new event from TechCrunch: Ned Desmond
Every radical turn in technology history has its great entrepreneur, and for space that person is SpaceX founder Elon Musk. His unswerving conviction that “space must be affordable” led him to disrupt the old-school space launch industry with reusable Falcon …
Quibi execs Jeffrey Katzenberg and Meg Whitman explain their big vision: Sarah Perez, Anthony Ha
Last week at the Consumer Electronics Show in Las Vegas, Quibi executives — including CEO Meg Whitman and founder/chairman Jeffrey Katzenberg — took the stage in a keynote laying out their vision for the mobile video service. Katzenberg is a longtime Hollywoo…
Away co-founder Steph Korey, who allegedly fostered a toxic culture, is back: Megan Rose Dickey
Away co-founder Steph Korey, the one who stepped down as CEO following reports of her role in creating a toxic culture, is back at the helm of the luggage startup, The New York Times reports. The original plan was for Lululemon COO Stuart Haselden to take ove…
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