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WeWork has money to blow, so the $20 billion startup is putting some of it toward a second headquarters — this time in San Francisco instead of New York, Recode reports. The plan is to locate the HQ in the new 61-floor Salesforce Tower, which is slated to open next year. WeWork will reportedly lease out three floors in the “Bay” area of the tower, which Salesforce Tower… Read More
Source: Tech Crunch
Anyone who has used modern meeting software knows it’s still fraught with challenges trying to get everyone into the meeting, futzing with the hardware or software and smoothly integrating external documents like PowerPoint presentations. Cisco is trying to improve and simplify the meeting experience with voice commands, and today it introduced Cisco Spark Assistant, a voice… Read More
Source: Tech Crunch
Elemental Path has come a long way since it debuted its first Cognitoy at Disrupt in 2016. The smart toy maker debuted on Kickstarter with an IBM Watson-powered toy dinosaur kids could talk to. It’s now launching a whole new dino robot, the STEMosaur. The new dino looks similar to Elemental’s original smart toy but is now a translucent green and lets kids put it together and… Read More
Source: Tech Crunch
Mobile’s contribution to holiday shopping, in terms of both visits and sales, has been growing every year. But the 2017 holiday shopping season will hit a new milestone: for the first time ever, mobile visits to retailer’s websites are expected to surpass desktop visits during the months of November and December. Consumers shopping from the desktop will continue to account for… Read More
Source: Tech Crunch
In the face of fierce competition from Spotify and Apple Music, Pandora has been growing its in-app subscription revenues, according to new data from Sensor Tower. The streaming music service earned the number one spot on the chart of top grossing apps in Q3 2017, excluding games. It’s the first time Pandora has held that position since the third quarter of 2015.
Fueling the music… Read More
Source: Tech Crunch
Facebook is still in the middle of its House Intelligence Committee hearing about Russian election interference, but the looming concerns over misuse haven’t dampened its business. Facebook announced Q3 2017 earnings today, continuing its streak of beating estimates. Facebook earned $10.3 billion in revenue and $1.59 GAAP actual EPS, compared to estimates of $9.84 billion in revenue… Read More
Source: Tech Crunch
Trip.com, a travel discovery app formerly known as Gogobot, is getting acquired amid a flurry of activity surrounding trip discovery tools and companies — and the emerging presence of Airbnb’s foray into finding experiences. The acquisition comes amid the specter of Airbnb, which has been explicit about looking to become an “experience” engine. If you go to Airbnb… Read More
Source: Tech Crunch
Russian interests have been attempting to influence public opinion via social media to an extent no one expected. The content itself, however, has largely been a mystery — the ads and fake accounts have long been taken down. But Facebook delivered them to Congress as part of an ongoing inquiry, and the House’s Intelligence Committee has posted a handful ahead of its hearing tomorrow. Read More
Source: Tech Crunch
Michigan-based Altair Engineering is off to the races in its public debut. After pricing shares at $13, the enterprise software company raised $156 million. Then Altair saw its shares soar over 40% to close at $18.31 during the first day of trading. The company, which has been around since 1985 has built “software focused on simulation and optimization and leveraging… Read More
Source: Tech Crunch
Sometimes it seems like Stanford gets all the VC attention, but there’s another great school in the Bay Area. UC Berkeley is the top-ranked public school in the country and renowned venture firm Accel is making an effort to get to know its community. The team is launching Accel Scholars, a program to mentor a select group of electrical engineering and computer science students. Read More
Source: Tech Crunch