Fab May Sell for a Pittance While Ex-Founder Abandons Fab-Like Startup

For years, venture capitalists exuberantly assumed Fab, the online furniture store, could be worth $1 billion, despite mounting evidence that it was difficult to make money off of flash sales. Now TechCrunch reports that Fab may soon be sold to PCH International, an Irish supply chain company, for $15 million "and… » 11/21/14 4:50pm Friday 4:50pm

Male Startup Founders Think Your Vagina Should Smell Like a Ripe Peach…

When the PayPal cofounder came for your period, I did not speak out enough. So I blame myself, really, for this waste of science. According to Inc. magazine, two male bio-hackers just "previewed plans for a new probiotic supplement that will enable women to change the way their vaginas smell."

It is called it Sweet… » 11/19/14 8:25pm Wednesday 8:25pm

Will Facebook Really Let Its Bus Drivers Unionize?

Facebook's fleet of shuttle bus drivers will vote today on whether to join the Teamsters labor union. The drivers have protested their work conditions, saying their employer requires them to work 15.5 hour-long split shifts, receive pay below the living wage, and say they're "held hostage" for the six hours between… » 11/19/14 5:55pm Wednesday 5:55pm

Startups Promising the Future Have Resorted to Embarrassing Direct Mail

Silicon Valley thinks the U.S. Postal Service is a joke. Tech investor Tim Draper called it a classic example of a "fat and lazy" industry. They tried, but failed to put it out of business. "Paper" itself is a dirty word. But when there's inventory to move, the old ways will do. » 11/19/14 3:10pm Wednesday 3:10pm

Uber Investor Ashton Kutcher Defends Slandering Critical Journalists

Ashton Kutcher is a walking conflict of interest. He invests his acting fortune into startups like Uber and then promotes those companies without disclosing his financial ties. Now that Uber's culture of sleaze is making headlines across the country, Ashton's back out there defending Uber's exposed plans to discredit… » 11/19/14 12:35pm Wednesday 12:35pm

If you had a wager on which tech reporter would quit journalism to get paid by the company he once covered, I hope you bet on a long shot. The staff of TechCrunch is is intact. But Snapchat believer Ellis Hamburger is leaving The Verge to work for Snapchat. » 11/18/14 7:02pm Tuesday 7:02pm

Parents Forced Frat Boys to Screw a Partner Out of a Popular Startup

Yik Yak may not be a household name like Snapchat, but it's almost as popular. The anonymous college bulletin board app was founded by three frat brothers at Furman University last fall and has already pulled in around $85 million in venture capital. Like other apps born out of frats, two of the founders allegedly… » 11/18/14 5:20pm Tuesday 5:20pm

Uber CEO Posts 13-Tweet Apology Without Answering a Single Question

Uber CEO Travis Kalanick just responded to privacy and ethics concerns about Emil Michael, after the top executive publicly suggested paying $1 million to smear journalists who have criticized the multi-billion corporation. Kalanick's medium of choice was Twitter and his method was a "tweetstorm," a series of… » 11/18/14 4:15pm Tuesday 4:15pm

Uber Exec Proposes Smearing Female Reporters Who Criticized the App

Uber's competitors, regulators, and drivers can take a breath. The company, which believes it is worth $25 billion, has a new nemesis: reporters who don't follow the puff piece protocol. A top Uber executive suggested hiring opposition researchers "specifically to spread details of the personal life of a female… » 11/17/14 10:20pm 11/17/14 10:20pm

Rap Genius Co-Founder Finally Pushes Venture Capitalist Over the Edge

Rap Genius co-founder Mahbod Moghadam is a testament to just how far you can push a venture capitalist. The Yale graduate is one of tech's foremost delusional fools—repeatedly embarrassing himself, his company, and everyone connected with it. He eventually resigned from the startup after publicly praising parts of a… » 11/17/14 9:30pm 11/17/14 9:30pm

Keep Daly City Uncool

This is a guest post by author Bob Calhoun. Last week, Yishan Wong resigned as Reddit CEO because he wanted to move the company's office from the hip SOMA district in San Francisco to Daly City, a fog-enshrouded stretch of suburbia on the city's southern border. » 11/17/14 5:10pm 11/17/14 5:10pm

Snapchat Dances on Money to Unveil New Payment Feature

Snapchat, an unprofitable company "worth" $10 billion, just unveiled a new feature called "Snapcash." It allows teen users send each other money, just like Venmo already does. Snapchat celebrated the feature by dressing actors up in suits with dollar signs and having them dance on showers of cash. » 11/17/14 4:20pm 11/17/14 4:20pm

I Can't Wait to Work for Candy Crush Magazine

Airbnb, the popular hotel-tax dodging application and apartment-renting service that artists use to gouge tourists and finance their careers, has launched a print magazine, the Times reports. It is called Pineapple (?) and its purpose, it explains in a note to readers, is "to explore our fundamental values: sharing,… » 11/17/14 3:28pm 11/17/14 3:28pm

The Great Google Glass Experiment Is Fucked

Just over two years ago, Google's Sergey Brin was on the catwalk at New York Fashion Week, taking a bow following fashion icon Diane von Furstenberg's Google Glass-studded show. Back then, Google Glass was riding a high wave of positive press: The New York Times proposed it was "the future of technology" and fashion… » 11/17/14 2:30pm 11/17/14 2:30pm