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, according to Digiday. Whisper and its editor-in-chief Neetzan Zimmerman have vigorously denied the allegations.
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 Grammy-award winner Miguel (above) for a private show and numerous trips to Vegas.
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 Khanna "one of us."
Apple built considerable anticipation for their September media event. They erected a mysterious white building at site where Steve Jobs unveiled the first Macintosh computer in 1984, leading fanboys to feverishly speculate something mind-blowing was inside. It was just a stage to unveil Watch and a bigger iPhone.
Cannes Lions—the Science and Technical Oscars of the French Riviera—can be an embarrassing trip for American tech executives trying to woo advertisers. Not so with Pinterest CEO Ben Silbermann, who managed to reverse "the roles of supplicant and master" because he always knew he wanted to run a profitable business.
When San Francisco began considering legalizing Airbnb, the flourishing startup was quick to ingrain itself in the political process. Airbnb's lobbyists secretly helped author favorable legislation, then created an astroturfing organization to strike down the sections they didn't like. And now that the legislation has passed, Airbnb's investors are rewarding their City Hall stooge with a smear campaign against his electoral opponent.
European regulators are once again scrutinizing Google as complaints mount that the search giant is diverting traffic away from competitors in favor of their own services. But Eric Schmidt insists the only ones calling Google a monopoly are jealous haters who want to see the internet go back in time.
The fierce price war between Uber and Lyft hasn't just been squeezing the pockets of drivers. Hailo, an European on-demand car app backed by millions in American venture capital, says frequent price cuts made it "impossible to be profitable." After two years here, the company is pulling its service from all of North America.
Tech corporations have perfected the science of the employee perk: a lavish amenity designed to keep workers in the office and fixated on the job. The recent announcement that Facebook and Apple will pay for female employees to freeze their eggs is perhaps the most fascinating example of what's behind America's unbalanced work-is-life mindset.
When WunWun expanded its Kozmo-like delivery service to San Francisco last month, the startup's CEO Lee Hnetinka bragged to the Chronicle that "companies like Amazon are now obsolete." Maybe the young CEO shouldn't be so quick to diss the thriving retailer—especially since he has a history of hoodwinking customers and running "criminal endeavors."