Everyone's mad that LookSmart founder Evan Thornley put up a slide at a startup conference saying, "Women: Like Men, Only Cheaper." But that's out of context. His point was that "there's a great arbitrage" in recognizing a women's skills, then paying them less. » 9/23/14 6:00pm Yesterday 6:00pm

Wow, Clinkle Didn't Die Before Launching

Today, after three years and enough gaffes to keep food on my plate, Clinkle released a single thing to the public. Like some long, long journey to the frontier, the people we are upon arrival don't really resemble who we were when we departed. » 9/23/14 5:33pm Yesterday 5:33pm

Airbnb Cofounder's Previous Startup Idea Was Butt Pads

What drives startup founders to barrel through the free market with such Randian ruthlessness? Money, duh. But there's another possibility. Perhaps the will to succeed is so consuming because they know it might be the best idea they will ever have. » 9/23/14 5:00pm Yesterday 5:00pm

Eduardo Saverin Invests in Startup That Only Rents Silver Audis

Eduardo Saverin made his billions as one of the co-founders of Facebook. But for a man who help pioneer the modern era of social networking, Saverin sure does hate talking to other people. According to Forbes, Saverin was the lead Series B investor in Silvercar, an app-based car rental company that only rents out … » 9/23/14 4:15pm Yesterday 4:15pm

Bitcoin Mining Company Screwed Customers and Bought Guns Instead

As a small business owner, a very easy way to lose the trust of others is to not give them the things you promised when they handed you money. Another way is to take that money and waste it on craziness. These men did both, ArsTechnica reports. » 9/23/14 3:02pm Yesterday 3:02pm

Ex-Cisco Engineer Caught On Google Maps Pled Guilty to Wife's Murder

Bradley Graham Cooper, a former engineer for Cisco, pled guilty to second-degree murder in the death of his wife yesterday. Part of the evidence against Cooper was a Google map search to the location of her body. Investigators said Cooper did the search the day before the murder, while his computer was connected to… » 9/23/14 12:25pm Yesterday 12:25pm

Remember the Time Snapchat's New PR Chief Played Dirty NJ Politics?

The next time Snapchat's fratty young master puts his loafers in his maw, his newest hire will be there to assist: Jill Hazelbaker is the app's new communications director, and she has a penchant for internet gaffes herself. » 9/23/14 10:27am Yesterday 10:27am

Larry Ellison Learns Hawaiian Island Makes Uncool Engineering Project

After Oracle founder Larry Ellison plunked $300 million to buy his own island, he described his plan to transform Lanai into a "sustainable Eden" as "this really cool 21st-century engineering project." Now, in classic Silicon Valley fashion, Ellison is running the tropical rebrand with the "veneer of egalitarianism,"… » 9/23/14 8:30am Yesterday 8:30am

Predatory Parking App Booted From San Francisco Tries Los Angeles Next

MonkeyParking is the rare kind of app that forced San Francisco's tech-teeming citizenry to throw up their hands and say "enough." The illegal app was chased out of town by the City Attorney after residents and politicians alike objected to a startup auctioning off public street parking to the highest bidder. Now the … » 9/22/14 7:35pm Monday 7:35pm

Lyft Guts Luxury Service, Sticking Drivers With $34,000 Custom SUVs

In May, Lyft launched a program to compete with Uber's black car and SUV services. Drivers had to pony up $34,000 to purchase the "tricked-out" Lyft-branded Ford Explorers just to get into the pool. But the luxury pilot bombed, leaving "Lyft Plus" drivers with the expensive SUVs they were forced to buy. » 9/22/14 6:10pm Monday 6:10pm

It Just Got Easier to Sue Failed Kickstarter Campaigns for a Refund

Kickstarter has decided to update its famously laissez-faire attitude when it comes to protecting donors who have pledged more than $1 billion through the company over the years. The new terms state that a successfully funded campaign that fails to produce "rewards," i.e. the product, may have to "return remaining… » 9/22/14 5:25pm Monday 5:25pm

UPDATE 6:30pm: Apple has denied TechCrunch's claims that Beats Music is being shut down, saying the report "is not true." Re/code further refuted TechCrunch's story, writing: "Apple won't shutter the streaming service. It may, however, modify it over time, and one of those changes could involved changing the Beats… » 9/22/14 4:19pm Monday 4:19pm

Meet The Special People Helping Celebrities Invest In Startups

The New York Times has located a new breed of hustlers trying to convince Hollywood celebrities to make money off startups instead of traditional endorsement deals. It's not even a hard sell, according to Timothy Karunaratne: "I think it's a fair statement to say most people would rather be Mark Zuckerberg than Will… » 9/22/14 1:30pm Monday 1:30pm

Rand Paul Opening Silicon Valley Office to Fund Expected Presidential…

Republicans have been ratcheting up their efforts to win-over the new money elites of the tech boom. The latest move comes from Senator Rand Paul, who announced he's opening an office in the Bay Area—fueling speculation that he's planning to run for president in 2016 and plans to use technolibertarians as his personal… » 9/22/14 1:00pm Monday 1:00pm

Kevin Rose Is Competing With His Own Investment

On September 4th, Kevin Rose, the Digg founder turned partner at Google Ventures, sent out a series of texts to the folks who were beta testing his new photo-sharing app, Tiiny. People were curious about the similarities between Tiiny and another photo-sharing app, Cap, made by Rose's protege Danny Trinh. » 9/19/14 4:35pm Friday 4:35pm

Are Investors Afraid of the Tech Bubble? Let's Read Their Emails

For the first time in a long time, some of venture capital's biggest names are openly worried. Sky-high valuations, easy money, and mounting burn rates are on everyone's mind (and in everyone's blog posts). But what's the private reaction? » 9/19/14 3:01pm Friday 3:01pm

You Survived Summer, Collect a $150 Visa Gift Card

Now that summer is behind us, it's hard to justify all that cash you bled in the name of boozy long weekends. If autumn you is broke, pale, and dreading the impending holiday money-suck, you're in the right place. We're giving away an $150 Visa gift card. Suck on that, summer. » 9/23/14 12:00pm Yesterday 12:00pm