business

  • Zuckerberg denies Facebook News Feed bubble impacted the election

    Zuckerberg denies Facebook News Feed bubble impacted the election

    In the aftermath of the U.S. Presidential election, Facebook founder Mark Zuckerberg took the stage at Techonomy16 to address concerns that the company didn’t do enough to stop the proliferation of fake news on News Feed. Zuckerberg insisted that more can always be done to improve the quality of the News Feed experience, but that Facebook could not have influenced the outcome of… Read More

  • Here are some more details of how Snap’s Spectacles work

    Here are some more details of how Snap’s Spectacles work

    Snap’s spectacles are starting to hit the streets, and eBay. I’ve been able to glean some details about the way they work from early users. The images above and below come from the auction listing, which has already hit $553 as I write this. Read More

  • Bio
    Walgreens is suing Theranos for $140 million in Delaware

    Walgreens is suing Theranos for $140 million in Delaware

    Walgreens has filed a lawsuit against blood analysis company Theranos. Walgreens was once Theranos’ biggest partner and the startup used several of the drugstore chain’s Arizona store locations as testing sites. However, Walgreens formally severed ties with the startup in June, citing the myriad bad test results and a federal investigation as the reason for ending the… Read More

  • Digital wedding planner Joy says ‘I do’ to $4.5 million in seed funding

    Digital wedding planner Joy says ‘I do’ to $4.5 million in seed funding

    Joy, a startup aiming to help brides-to-be plan their weddings in the digital age, has pulled in $4.5 million in seed capital. Joy launched out of Y Combinator this summer with aims to take on what some might think of as a crowded industry. There are plenty of wedding websites in existence but many more popular sites like MyWedding.com, WeddingWire and TheKnot.com popped up years ago… Read More

  • With a fresh $2 million Simple Contacts looks to cut refill costs for lenses

    With a fresh $2 million Simple Contacts looks to cut refill costs for lenses

    Simple Contacts, a new startup launched by a former Techstars entrepreneur-in-residence and the co-founder of the 3D printing startup Sols, is looking to make the process of refilling contacts cheaper and more affordable. The company started from a pain that founder Joel Wish felt all too acutely. A lifetime wearer of contact lenses, Wish was pretty appalled by the cost of getting refills of… Read More

  • GoPro shows its vulnerability after horrific Q3 earnings

    GoPro shows its vulnerability after horrific Q3 earnings

    Expectations were already incredibly low for GoPro this go around and yet somehow the company managed to eclipse even the worst fears of analysts. The company’s stock trading was halted prior to the release of results that missed revenue expectations by 23 percent and nearly $75 million. When trading began again, shares were down 22 percent. This means that, in a matter of minutes… Read More

  • Bio
    Jeff Bezos, Mayo Clinic back anti-aging startup Unity Biotechnology for $116 million

    Jeff Bezos, Mayo Clinic back anti-aging startup Unity Biotechnology for $116 million

    Every once in a while someone in Silicon Valley brings up the possibility of living forever, or at least a really long time, but first we’re going to need to figure out a way to enjoy all those extra years. Unity Biotechnology is a startup focusing on medicines to help us do that by slowing the effects of age-related diseases. And the company announced it has pulled in a whopping… Read More