Matthew Lynley

I’ve covered various segments of the tech industry, ranging from enterprise technology to social networking companies like Facebook and Twitter. I’m also dabbling in a little bit of Web (Python) and Android development. I studied mathematics at UNC-Chapel Hill, with an applied mathematics skew toward fluid mechanics, modeling and behavior of special functions.

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  • Netflix is now worth more than $100B

    Netflix is now worth more than $100B

    Netflix crossed a fun milestone today, crossing the $100 billion mark for its market cap as it once again surprised industry observers with better-than-expected growth in its subscribers. We’ll get to the financial numbers in a minute but, as usual, the big story here is that it continues to wow Wall Street with impressive growth in its subscriber numbers. The company said it added… Read More

  • ADP acquires workforce management software startup WorkMarket

    ADP acquires workforce management software startup WorkMarket

    Payroll provider ADP said it is acquiring WorkMarket, a startup that specializes in workforce management software that operates across a wide range of employees and contractors, for an undisclosed sum. The software aims to create a kind of unified interface for managing an extended workforce that can include a variety of workers with different employment status, from contractors and… Read More

  • Clever looks to give teachers and students an easy-to-track progress report

    Clever looks to give teachers and students an easy-to-track progress report

    The classic problem of how teachers should devote resources to their students, such as helping students that are struggling in specific areas, is one that’s still ever-present — but it needs a deceptively-simple approach to making that more manageable, even if it’s just a colored progress bar if Clever CEO Tyler Bosmeny gets his way. That’s why Clever, a portal for… Read More

  • Petal gets $13 million to build a credit card for those without a credit history

    Petal gets $13 million to build a credit card for those without a credit history

    You might be enjoying the benefits of a credit card with robust rewards today, but odds are when you were first getting started, it was hard to get even close to a card like that. That’s because, for those just getting started or who have a poor credit history, those cards are generally out of reach — and a lot of them are, Petal co-founder Jason Gross said. That’s why he… Read More

  • Twitter ended the year on a fascinating run

    Twitter ended the year on a fascinating run

    It’s been pretty easy to point at Twitter and, with each quarterly moment when it discloses its financial guts, let out a long exasperated sigh. But then something interesting happened in the back half of 2017: it went on a rather spectacular run, and though ending on a bit of a slump, it looks like it could finish the year up more than 25 percent — which, by Twitter terms, is… Read More

  • The food revolution may have just needed a cup of Blue Bottle

    The food revolution may have just needed a cup of Blue Bottle

    Each massive exit in the tech ecosystem usually follows the same cycle: an upstart becomes a huge business, it goes public or sells for a huge sum of money, many of the best people that built it take off and then they use their newfound wealth to start companies. But in addition to tech, the venture community has its own pet project: coffee. Read More

  • Amazon did a lot of funky stuff this year and it’s paying off

    Amazon did a lot of funky stuff this year and it’s paying off

    Holy hell, it’s been a year for Amazon. Jeff Bezos’ former-online-bookstore dumped $13.7 billion to buy a bunch of grocery stores, that speaker you talk to in your living room that Amazon makes is really popular and a bunch of server farms Amazon runs generate more than $10 billion in revenue annually. Read More

  • The AI chip startup explosion is already here

    The AI chip startup explosion is already here

    All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI. But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts of 2017, a year when AI continued its march toward being omnipresent in… Read More

  • Snap and Twitter now have roughly the same market cap

    Snap and Twitter now have roughly the same market cap

    While we won’t call this a huge watershed moment per se, something nominally interesting in the world of Weird Social Media Things happened this morning: Snap and Twitter are now worth the same based on their market caps. With some small moves on both companies’ shares, both companies are now hovering around $18.7 billion in market cap. There are some extra mechanics that go into… Read More

  • Stitch Fix is crashing after its first-ever earnings report

    Stitch Fix is crashing after its first-ever earnings report

    Stitch Fix’s first earnings report is not going well for the company, as its shares went into a tailspin after a significant run up over the past month following its IPO when it delivered its results its most recent fiscal quarter. Stitch Fix, a personalized apparel company that ships a box of recommended items that users can buy or send back, closed up just 1% on its first day of… Read More

  • SendBird raises another $16M to help developers add chat functions to a service

    SendBird raises another $16M to help developers add chat functions to a service

    If you go to any company’s website these days, you’re probably starting to see some chat functionality more and more often — and for good reason, as it’s a quick way for those companies to get in touch with their potential customers. And SendBird, which launched in February this year out of Y Combinator, has tried to quietly begin eating up this space by giving… Read More

  • Former Nike CFO Don Blair joins Dropbox’s board of directors

    Former Nike CFO Don Blair joins Dropbox’s board of directors

    As Dropbox continues its inevitable march toward an IPO, it’s going to look to bring in people with a lot of experience handling the operations of larger public companies — and it’s getting one today. Dropbox today said it is adding former Nike CFO Don Blair to the company’s board of directors. Blair will be joining the audit committee, the company said, and comes in with… Read More

  • Used car marketplace Shift appoints a co-CEO alongside George Arison

    Used car marketplace Shift appoints a co-CEO alongside George Arison

    Toby Russell was one of the first people to get Shift founder George Arison into used cars — and now he’s going to be running his company alongside him as Shift said today it is appointing Russell co-CEO of the company. Arison said he was naming Russell co-CEO of the used car marketplace to help split off the role into what each executive would be best at, with Russell handling a… Read More

  • Twitter is soaring today as its stock hits a high for the year

    Twitter is soaring today as its stock hits a high for the year

    Twitter is finally having a good day on Wall Street as it heads into the final weeks of the year, and this time around it may be a result of a little bit of optimism from investors. There were two big moves for the company today: first, Twitter said it would begin enforcing new rules related to how it handles hateful and abusive content on the platform, which is a problem that has been… Read More

  • Netflix will look for a repeat play in 2018 after a strong year

    Netflix will look for a repeat play in 2018 after a strong year

    Netflix had a pretty good year by very Netflix-y standards: it added a ton of subscribers; its international growth plans seem to be playing out as hoped; it cleaned up in the Golden Globe nominations, and users are watching a ton of Netflix. While the company has continued to show growth with its existing strategy — investing a ton in its original content strategy in the hope that… Read More

  • Dog-walking app Wag may be raising a huge round of funding

    Dog-walking app Wag may be raising a huge round of funding

    It looks like Wag may get another huge injection of cash following a big financing round earlier this year, according to a report by Recode, and also based on what we are hearing. We had heard a bit ago that Wag was looking to raise around $100 million, which the Recode report also suggests. But it now looks like Softbank is in talks to invest around $300 million in the dog-walking app. Read More

  • Fitbit is having a bad day

    Fitbit is having a bad day

    Fitbit is, again, not having a good day after spending the year in mostly middling status as it looks to prove there’s a market for fitness trackers and its own smartwatch. The culprit today: a Wall Street firm slapped a “sell” rating on the company’s stock, which often results in a rejection of its potential and sparks a sharp drop-off in the company’s share value. Read More

  • Gfycat wants to fix your low-fidelity GIFs with machine learning

    Gfycat wants to fix your low-fidelity GIFs with machine learning

    We all love to share GIFs — and there are plenty of ways to do that, through online portals or keyboards — but often times because there is so much content, you’ll end up surfacing up a lower-fidelity GIF. There can be plenty of copies of the same video clips as a GIF, or maybe it’s just difficult to capture and upload, but Gfycat hopes that it can be solved at a… Read More

  • This app will help you figure out if you can fit that Costco-sized paper towel box in your apartment

    This app will help you figure out if you can fit that Costco-sized paper towel box in your apartment

    You’re probably going to get a better deal when you buy consumer products — like paper towels — wholesale, but at the same time you’re also buying a very, very large package of said consumer products. So, they might not always fit in your apartment. Wholesale goods are the primary play for a startup called Boxed, a retailer looking to play the sort of… Read More

  • Facebook will no longer always divert international advertising revenue to Ireland

    Facebook will no longer always divert international advertising revenue to Ireland

    Facebook today said it is shifting to a “local selling structure” in countries outside the U.S. That means that rather than directly route its revenue to its international headquarters in Dublin, local policymakers and governments will potentially get an opportunity for greater visibility into the company’s revenue related to local advertising sales. Read More

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