Faced with sagging ad sales, Yahoo has decided to keep trying to same failing strategy: gobbling up fledgling startups to reinvigorate the aging behemoth. An activist investor already slammed this approach as a money-burning fuck up. But CEO Marissa Mayer is undeterred. She plans to squander profits from Yahoo's stake…
Microsoft CEO Satya Nadella is better prepared for his apology tour than he was for his panel at the Grace Hopper conference for women in computing. He gave CNBC and USA Today the same line explaining why he encouraged women to rely on "karma" and the "have faith in the system" rather than ask for a raise.
The oversized brain of Silicon Valley star Marc Andreessen can hold a lot of insight, but every once in a while, it still overflows: a new interview reveals he still clings to the fantasy of meritocracy.
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Today Snapchat CEO Evan Spiegel joins the grand tradition of tech CEOs who trashed talked ads in ways they later came to regret. In a blog post announcing new ads for American users, the company said it wants to harken back to the days before ads "got creepy and targeted."
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ModCloth, the fashion retailer with $63.7 million in funding from some of Silicon Valley's biggest investors, has announced another round of layoffs. According to TechCrunch, "around 40 or 50" jobs were axed yesterday.
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Adrianne Jeffries had a simple dream: to "hack lunch" by ordering a week's supply of Soylent, the food of the future for people who have better things to do than eat. It took five months for her order to arrive and now Jeffries, managing editor for Motherboard, can't get rid of it.
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Here's an idea: if you are a tech CEO who was once hit with over 160 misdemeanor charges for planning booze-filled parties for high schoolers, maybe your startup shouldn't offer to ship devil water to strangers.
Bay Area rents keep climbing thanks to the tech boom. According to the Contra Costa Times, rental costs across the region have hit a new record: "Bay Area apartment rents have jumped 11.4 percent from last year to an average of $2,234 a month."
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When apps are accused of shady behavior, Jonathan Zdziarski is the guy that investigates. And this week, the self-identified iOS forensics expert was quick to respond to requests for a deep dive into Whisper, the supposedly anonymous secret-sharing app that's been taking heat lately. Guess what: Whisper's not so…
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Earlier this afternoon, Uber driver Christopher J. Ortiz posted the email above informing him that he would be "permanently deactivated" because of a single tweet. "I think that's pretty much fired—for a 'independent contractor,'" Ortiz told Valleywag.
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The Atlantic has embarked on a new quest, dubbed the Silicon Valley Insiders Poll, in which they survey 50 of tech's foremost "executives, innovators, and thinkers." Their findings proved something we already knew: many believe the tech industry is in a bubble.
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The corporate clown car that is LivingSocial faced another meltdown yesterday. According to the Washington Post, the daily deal site's Chief Marketing Officer was convicted of assaulting a woman in a D.C. Four Seasons bar. The 52-year-old executive, Barry Judge, faces up to 180 days in jail.
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While San Francisco is rolling over for Airbnb, New York's attorney general is going after the so-called "home sharing" startup. After subpoenaing records from thousands of Airbnb's New York users, Attorney General Eric Schneiderman has issued a report on the $10 billion rental site's impact on the city. What he found…
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With all the tech money being flung around the Bay Area, everyone is grabbing for a piece—especially real estate developers. In San Francisco's south-east corner, a Miami-based development company is looking to reinvent a government Superfund site into a techie "innovation center," complete with usual Silicon Valley…
Earlier today The Guardian reported that the secret-sharing app Whisper tracks the location of their anonymous users. The information came to light because the paper was in talks to partner with Whisper. Now Buzzfeed, Whisper's first major media partnership, has been "temporarily" suspended for privacy concerns,…
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It took them long enough! South Park finally took on Silicon Valley's ongoing transportation rivalry last night.
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Former Motionloft CEO Jonathan Mills has pled guilty to two counts of wire fraud. The San Francisco entrepreneur, who raised funding from Mark Cuban, was arrested by the FBI in February. He admitted to spending "substantial amounts" of his victims' money on "vacations and other entertainment," like that time he hired…
Whisper became a darling of the L.A. startup scene based on one simple premise: an app that lets you safely, anonymously share details of your life. But a new report from The Guardian shows the company has been covertly tracking the people who trust it most.
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Uber launched a new car service in Los Angeles today. It's basically the old one that everybody uses. But it's more expensive and perfect for people who reinforce stereotypes about vapid Angelenos only obsessed with shiny, expensive cars!
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Silicon Valley regulars like Google, Facebook, Sheryl Sandberg, Vinod Khosla, Eric Schmidt, Peter Thiel, and a gaggle of venture capital firms have tried to growth hack Ro Khanna into Congress. With polls in a "dead heat," Y Combinator partner Garry Tan decided to make the culture fit argument more explicit, calling …
