Wall Street wasn't happy with Facebook's latest earnings report. TechCrunch thinks it's because Facebook "refused to break out any data about usage levels of teens, which are widely thought to be abandoning Facebook for apps like Snapchat." C'mon, TechCrunch, where's that fist-pumping Facebook apologia when you need…
Benchmark confirmed that it has invested in Tinder, a rumor we reported in August. No details were given about the deal, except that IAC continues to own "a controlling stake," deterring other venture capitalists buzzing around the popular hookup app.
Google Employee Thinks Paying Women to Date Him is Philanthropy
The Bay Area's tech boom might be benefitting the scores of white men that mainly make up the industry, leaving women and minorities behind. But techies have found a new way to redistribute their fortunes: paying women to service them.
Tech Firms Employ Thousands of Immigrants as "Indentured Servants"
Tech's biggest players have been clamoring for the federal government to reform their immigration policies, demanding the expansion of the H-1B visa program. But tech's current crop of immigrant workers often find themselves "trapped" by "labor trafficking" rings that are rarely held responsible for abuses.
Garrett Camp, cofounder of Uber and Blackjet, has launched a beta test for Reserve, a "digital concierge" that works like a souped-up OpenTable. Solving the problem of getting a table at high-end restaurants has become a real passion project for entrepreneurs lately.
I'm So Happy Kim Kardashian Just Gave a Talk at a Tech Conference
Kim Kardashian Illuminati West was on stage with Recode founder Kara Swisher this afternoon at the tech blog's Code/Mobile conference. I have no idea whether she arrived from Calabasas with a list of questions Swisher couldn't ask, but regardless this is one stiletto-heeled step for Kardashian and one giant kick in…
PSA: On today's earnings call Twitter CEO Dick Costolo was saying "eccentric circles" of users, not "concentric circles." Either way, Twitter's stock is down despite meeting expectations. If only Wall Street cared as much about circles as it does about MAUs.
With the election fast approaching, Airbnb investor Reid Hoffman is continuing his disingenuous campaign against David Campos as a favor to a pro-Airbnb politician.
Tech Corporations Don't Even Know What Their D.C. Lobbyists Are Up To
In recent months, companies like Facebook, Google, and Yahoo have dialed back their most egregious political donations, pulling support from climate change-denying groups like ALEC and the Chamber of Commerce. But tech firms continue funneling money into right-wing campaigns, and the Silicon Valley liberals who…
Tech Founder Sends Female Reporter Gift Basket Loaded With Sexism
Tech's armada of PR professionals can be their own worst enemy. But their protective shield occasionally hides the chauvinism of tech founders. Otherwise you get dudes like Blake Francis, founder of the question and answer app Need, who tried to buy favorable press from a female reporter with a wildly inappropriate…
Google Street View car spotted in Greenwich Village subtly blocking everyone's view of a fire hydrant. Officers, just go ahead and add the ticket to Google's $7 million tab.
Airbnb is set to be "worth" $13 billion. Having just received a $10 billion valuation in April, the new jump in value comes as the home-renting startup seeks to allow "some of its employees to cash in some of their private stock," the San Francisco Business Times reports.
Hewlett-Packard Imitated HBO's Silicon Valley By Hiring Flo Rida to Rap
Last night, Hewlett-Packard hosted a launch event for its new Helion Development platform at Temple, a nightclub in San Francisco's Financial District. To celebrate cloud computing, the company offered guests a giant fake pink cloud, "loads of light up glow sticks," and a performance by Flo Rida.
Twitter Teaching the Homeless to Code In Exchange for Tax Break
The last time a startup programmer taught a homeless man to code, the naive vanity project failed. A few engineering lessons failed to solve socioeconomic realities and the man was still sleeping in the streets eight months later. But Twitter has higher hopes for its new "learning center" where employees can "teach…
FBI: Google Employee Scammed Undergrad Into Sending Him Nude Pics
Silicon Valley mega-corps like Google often target promising young men like Nicholas Rotundo, fresh from college. And sometimes those young men are terrorizing their classmates with a nude Gmail extortion scheme.
Study Says Venture Capitalists Are Nervous For the First Time in Years
There's a cool new trend sweeping Sand Hill Road and it's called self-doubt. Just look at your Tweetdeck. Everybody who's anybody is suddenly spazzing out. According to the Silicon Valley Venture Capitalist Confidence Index, confidence levels have chilled for the first time since early 2012.
Ello Raises $5.5 Million to Stay Anti-Corporate
When a small group of disgruntled Facebook users decamped to Ello four weeks ago, a million more people followed looking for The Next Big Thing in Social Networking. But Ello's newcomers didn't find much reason to stick around, and the anti-advertising "Facebook killer" is already fading away into the internet's…









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