Finance

Spotify’s missing money-maker is artist-to-fan messaging

Streaming royalties are too expensive for Spotify to thrive as a public company just playing us songs. Spotify’s shares closed down 10 percent today during its NYSE trading debut. Luckily it con

Spotify opens at $165.90, valuing company at almost $30 billion

Spotify opened on the New York Stock Exchange at $165.90, giving the company a market value of $29.5 billion. The first trade didn’t happen until 12:45pm Eastern. This is halfway through the tr

Quintacorn Robinhood’s free crypto trading rolls out in Cali, 3 more states

Robinhood is rolling out its Coinbase-killer that’s already helped the fintech startup’s valuation grow 4X in a year. Zero-fee trading of Bitcoin and Ethereum is now available to all inves

Amazon may launch a bank account aimed at teens, says report

Amazon has been in discussions with banks to create a product aimed at teens and other younger users who don’t have their own credit cards, or an interest in applying for one, according to a new

Microsoft surges 8% after Morgan Stanley says it will reach $1 trillion market cap

The Dow surged 669 points on Monday after trade tensions eased, erasing the drops from last week. Tech stocks like Amazon and Apple saw gains, but the biggest winner of all was Microsoft . The compan

Smartsheet files for IPO

Smartsheet is the latest company to file to go public, now that the IPO window is open.  The Bellevue, Washington-based company offers enterprise software for communication and collaboration. It des

Revolut launches disposable virtual cards

Fintech startup Revolut is launching a new type of virtual cards — disposable cards for online purchases. While you could already generate additional virtual cards for a fee, this is a different kin

Our 8 favorite startups from Y Combinator W18 Demo Day 2

Microbiome pills, gambling for one-on-one video games and potential cancer cures were the highlights from legendary startup accelerator Y Combinator’s Winter 2018 Demo Day 2. You can read about

These are the 64 startups unveiled at Y Combinator W18 Demo Day 2

Microbiome therapeutics, Photoshop for augmented reality, and cancer treatments were some of the ideas presented at Day 2 of startup accelerator Y Combinator’s Winter 2018 Demo Day. YC is increa

Chargebee raises $18M to help businesses manage subscriptions

The subscription model is growing in popularity as a way to monetize a service, netting in trends in SaaS, media, e-commerce and other verticals that are in search of more predictable, recurring reven

Amazon surpasses Alphabet in market value

Amazon is currently the second biggest company in the world when it comes to market capitalization. The company is currently worth $763.27 billion (NASDAQ:AMZN) while Alphabet (NASDAQ:GOOG) is “only

Facebook has lost $60 billion in value

Facebook is having a bad day… for the second day in a row. Following the Cambridge Analytica debacle, Facebook shares (NASDAQ:FB) are currently trading at $164.07, down 4.9 percent compared to yeste

Lydia launches Lydia Premium

French startup Lydia announces two new things today. First, the company is launching a financial hub with multiple new products. Second, Lydia is announcing a new premium subscription to access those

DocuSign has filed confidentially for IPO

DocuSign is gearing up to go public in the next six months, sources tell TechCrunch. The company, which pioneered the e-signature, has now filed confidentially, we are hearing. Utilizing a commonly us

Here are 64 startups that launched today at Y Combinator’s W18 Demo Day 1

Biotech, robotics, and fintech startups took the spotlight today at Y Combinator’s 26th Demo Day. This batch features 141 total companies from 23 countries, with presentations spread over two da

Facebook shares drop 4.4 percent following Cambridge Analytica debacle

Facebook has been at the center of a hectic debate about Cambridge Analytica and the company’s improper use of Facebook data. As a result, Facebook shares (NASDAQ:FB) opened at $177.01, down 4.4 per

Pockit Loqbox promises to help the UK’s ‘unbanked’ improve their credit score

Building up your credit history or improving your credit score often presents somewhat of a catch-22 situation. You’ll need to take out some form of credit to do so, such as a loan or credit car

The Third Age of credit

Society is beginning to wake up to a tremendous shift in one of the most fundamental underpinnings to how we live our lives: the credit system. Even though it’s not commonly known, credit infrastruc

Cloud security startup Zscaler closes at $33, up 106% on its first day of trading on Nasdaq

The first post-billion, big tech IPO of the year has opened with a bang. Zscaler, a security startup that confidentially filed for an IPO last year, closed out its first day of trading at $33/share, u

Stock trade app Robinhood raising at $5B+, up 4X in a year

By adding a cryptocurrency exchange, a web version and stock option trading, Robinhood has managed to quadruple its valuation in a year, according to a source familiar with a new round the startup is
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