• Naver’s Earnings Miss Expectations As Line’s Sales Growth Slows

    Naver’s Earnings Miss Expectations As Line’s Sales Growth Slows

    South Korean Internet giant Naver announced quarterly results that fell short of expectations because of weaker performance from the gaming unit of its messaging app Line. This echoes problems faced by Tencent’s WeChat, one of Line’s main rivals, and shows that messaging apps need to find more sources of revenue beyond games. Read More

  • LG’s Annual Profit Doubles To $475M After Shipping 59.1M Smartphones In 2014

    LG’s Annual Profit Doubles To $475M After Shipping 59.1M Smartphones In 2014

    Samsung may be stumbling after posting its lowest annual profit for three years. The same can’t be said for fellow Korean company LG, which just revealed that it posted an improved $475 million profit for 2014 after shipping a total of 59.1 million smartphones, a 24 percent increase on its previous year. Read More

  • Investors Throw Datadog A $31M Bone

    Investors Throw Datadog A $31M Bone

    Datadog, a cloud service that helps customers monitor infrastructure and software, whether all in the cloud or a hybrid on-premises-cloud environment, announced $31M in Series C funding today. The round was led by Index Ventures with help from RTP Ventures, Openview Partners and what they referred to as “other equity holders.” Index helped fund the Series B round last February… Read More

  • AnalyticsMD Applies AI To Optimize The ER

    AnalyticsMD Applies AI To Optimize The ER

    AnalyticsMD, which is launching out of Y Combinator’s latest batch, is a startup tackling a difficult but very worthwhile problem: how to boost the operational efficiency of hospitals and improve patient care by helping staff make better choices about how resources are allocated. Its founders liken their product to an “air traffic controller for the hospital and healthcare… Read More

  • Samsung Reports Lowest Annual Profit In Three Years Due To Lagging Smartphone Sales

    Samsung Reports Lowest Annual Profit In Three Years Due To Lagging Smartphone Sales

    Samsung Electronics reported its lowest annual profit since 2011 during its earnings call today as its smartphone sales continue to suffer from increasing competition. In 2014, the company’s profit was 25 trillion won, a 32 percent drop from a high of 36.8 trillion won in 2013. Read More

  • Formation 8 And Palantir Founder Joe Lonsdale Named In Sexual Assault Lawsuit

    Joe Lonsdale, the technology executive best known as the co-founder of Palantir and a partner of venture capital firm Formation 8, has been accused of sexual assault, sexual harassment, and other charges in a civil lawsuit filed this week in San Francisco. Formation 8 is also named as a defendant in the suit. Reached today for comment, Lonsdale categorically denied all of the claims and said he… Read More

  • Spoil Takes The Hunt Out Of Gift-Giving

    Spoil Takes The Hunt Out Of Gift-Giving

    Y Combinator-backed Spoil is looking to take the pain out of gift-giving with the launch of its personalized gift concierge service. It’s a pitch that either sounds amazing (if you’re lazy) or kind of sad: give Spoil a description of a friend, acquaintance, or relative’s interests and personality, and they’ll send them a gift picked out by a dedicated shopper who knows… Read More

  • AutoBot Raises $6M To Drive Development Of Its Car Diagnostic Tools

    AutoBot Raises $6M To Drive Development Of Its Car Diagnostic Tools

    AutoBot, a Beijing startup that makes diagnostic tools for cars (not the robots in disguise), has raised a $6 million Series A from Gobi Partners and ABC Capital. The company will use the funding for marketing, hiring and product research and development. AutoBot’s main product is the AutoBot Mini OBD (on-board diagnostic) device, which users can plug into their car’s OBD-II outlet… Read More

  • Up Close With Coinbase Exchange
  • Facebook Now Has Over 3B Video Views Per Day

    Facebook Now Has Over 3B Video Views Per Day

    If it’s starting to feel like every visit you make to Facebook these days is full of videos, you are not alone. Facebook today reported in a strong set of Q4 earnings that there are 3 billion videos viewed on its site each day. With the company also reporting daily active users of 890 million, this works out to more than 3 videos per day. Facebook more specifically later noted that… Read More

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