Item tracking startup Adero is laying off 45% of staff, just weeks after it pivoted
Pivots can be the making of a startup, helping teams refocus on a good idea when previous things...
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Author: Ingrid Lunden
Twitter Q4 beats on sales of $909M and EPS of $0.33, but MAUs slump to just 321M
After strong results from Facebook and Snap this quarter, all eyes were on Twitter to see if the other big, publicly listed social network could deliver a hat trick of growth. If we judged the company on financials alone, the...
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Spotify reports 29% rise in MAUs to 207M but misses on Q4 revenues of $1.702B
Spotify continues to see growing uptake for its all-you-can-eat streaming music (and increasingly...
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vArmour, a security startup focused on multi-cloud deployments, raises $44M
As more organizations move to cloud-based IT architectures, a startup that’s helping them...
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Retail technology platform Relex raises $200M from TCV
Amazon’s formidable presence in the world of retail stems partly from the fact that...
Read MoreHatch, Rovio’s ‘Netflix for gaming’, picks up NTT Docomo as a strategic investor
Rovio’s efforts to diversify beyond its Angry Birds franchise is getting a little investment boost today. The company announced that Japan’s NTT Docomo is taking a stake in Hatch, a Rovio subsidiary that describes...
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Amazon invests in Hatch Baby, launches Baby Skill Activity API as it eyes up the next generation of parenting products
Amazon today is one of the biggest retailers of gear for babies and other parenting aides, and...
Read MoreMicrosoft acquires DataSense management from BrightBytes to step up its education play in Azure
One of Microsoft’s oldest and biggest verticals for its Azure cloud business has been education, and today it announced an acquisition that it hopes will help it deepen its reach: it has acquired DataSense — a...
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2nd Address picks up $10M from GV, Foundation to take on Airbnb in business travel
As Airbnb adds more features to court business users, a smaller startup has raised some funding to...
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Twilio closes acquisition of email specialist SendGrid in all-stock deal now worth $3B
Twilio’s bid to become the go-to platform for all of a business’s external...
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Sources: Clutter is raising $200-250M led by SoftBank for on-demand storage and moving
Marie Kondo’s rise as a cultural icon shows there’s big business to be had in...
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After bans from Apple and Google, Sarahah debuts Enoff, an iOS app for anonymous feedback at work
Sarahah, the anonymous messaging app founded in Saudi Arabia that became an unexpected viral...
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TCV closes $3B fund aimed at consumer internet, IT infrastructure and services
On the back of a strong showing for portfolio company Spotify going public last year and several...
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eBay beats in Q4 on sales of $2.9B and EPS of $0.71, but GMV of $24.6B is up only 1%
As eBay gets increasing pressure from activist shareholder Elliott Management to reform its...
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Home improvement platform Houzz lays off 180, reportedly gears up for public listing
Houzz has built a $4 billion business on the back of a platform and marketplace that lets you plan...
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As Clegg appears in Brussels, Facebook tightens controls on political ads, opens Dublin control center ahead of European elections
Facebook continues to feel the heat over its role in how people communicate — and more...
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Airbnb acquires Denmark’s Gaest to expand in bookings for meetings and offsites
Airbnb, now valued upwards of $30 billion and inching to an IPO possibly as early as this year,...
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Kustomer nabs $35M to take on Zendesk and Salesforce with its Slack-like approach to CRM
Salesforce today dominates the world of CRM with its cloud-based, wide-ranging portfolio of...
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Sherpa, a Spanish voice assistant, expands Series A to $15M as it passes 5M users
When we think of the AI platforms that are shaping how we use voice to interact with phones, home...
Read MoreDosh raises $40M on $300M valuation as its cash back app passes $50M doled out to shoppers
When it comes to reaching would-be customers today, one of the biggest investments that brands and retailers will make is in advertising, to the tune of nearly $630 billion globally. Now, a startup called Dosh, which offers cash...
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