Match Group records solid first-quarter revenue thanks to an increase in Tinder subscribers
Match Group’s revenue saw solid growth in the first quarter thanks to an increase in Tinder subscribers. The company, whose portfolio of dating apps also includes Match.com, PlentyOfFish, OkCupid and Hinge, among others, said in its earnings report today that total quarterly revenue grew 14% year over year to $465 million. If the effects of […]
India’s edtech startup CollegeDekho raises $8 million to connect students with colleges
Indian edtech startup CollegeDekho, which helps students connect with prospective colleges and keep track of exams, has raised $8 million in Series B round. The new financing round for the four-year-old Gurgaon-based startup was led by its parent company Girnarsoft Education and London-based private equity investor Man Capital, which also participated in the startup’s Series […]
Binance says more than $40 million in bitcoin stolen in ‘large scale’ hack
Cryptocurrency exchange Binance has confirmed a “large scale” data breach, in which hackers stole more than $40 million in cryptocurrency In a statement, the company said hackers stole API keys, two-factor codes and other information in the attack. Binance traced the cryptocurrency theft — more than 7,000 bitcoins at the time of writing — to […]
Google rethinks navigation with launch of ‘Portals’ on Chrome Canary
Google announced today it has launched a new page transition experience for the Chrome web browser called “Portals.” The technology is something the company has been developing for some time, and is designed to offer an alternative to using IFrames. In fact, the company described Portals as being more like “IFrames that you can navigate” […]
Fearing an escalation of the trade war with China, stock markets plummet… then rally
Stock markets declined today as investors worried about the potential for an escalating trade war with China sold off shares. Markets had been trading near or above all-time highs before President Donald Trump threatened to significantly increase tariffs on Chinese goods. The news sent stock markets into a free-fall in mid-day trading, but the markets […]
Facebook talked privacy, Google actually built it
Mark Zuckerberg: “The future is private”. Sundar Pichai: ~The present is private~. While both CEO’s made protecting user data a central theme of their conference keynotes this month, Facebook’s product updates were mostly vague vaporware while Google’s were either ready to ship or ready to demo. The contrast highlights the divergence in strategy between the […]
Waymo and Lyft partner to scale self-driving robotaxi service in Phoenix
Waymo is partnering with Lyft to bring self-driving vehicles onto the ride-hailing network in Phoenix as the company ramps up its commercial robotaxi service. Waymo will add 10 of its self-driving vehicles on Lyft platform over the next few months, according to CEO John Krafcik. Once Waymo vehicles are on the platform, Lyft users in […]