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Ofo comes to the US, joining the bike-share fray in Seattle

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Seattle seems like an unlikely venue for a duel between bike-sharing companies: it’s rainy, hilly, its residents can’t drive and another bike-share program recently went belly up publicly and ignominiously. But Ofo, one of several Chinese giants in the space, is the third company to launch in the city in ...

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Facebook and Instagram get redesigns for readability

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Taking inspiration from line drawings, Reddit and Messenger, Facebook is overhauling the design of the News Feed to make it more legible, clickable and commentable. Specifically, Facebook now makes it much clearer where threads start and end in comments. Meanwhile, Instagram today got a little redesign itself with comment reels ...

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Blue Apron is having a really bad day

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Things are not going so well for Blue Apron this morning after reporting its second-quarter earnings (its first earnings report ever), and the stock is crashing as a result of it. The company’s stock is down more than 14 percent on the earnings report, which came in pretty mixed compared ...

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SoundCloud faces do-or-die vote by investors

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SoundCloud will soon collapse if investors don’t vote for a rescue funding round tomorrow. The stumbling music streaming community site had to suddenly lay off 40 percent of its staff last month. Now it’s asking investors for $169.5 million at a pre-money enterprise valuation of just $150 million, according to Axios‘ ...

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Snap sold fewer than 42K Spectacles, down 35% in Q2

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Snap’s Spectacles sunglasses may prove to be more of a fad than a must-have device. Snap revealed during its call following weak Q2 earnings that it generated $5.4 million in “Other” revenue, which would equate to around 41,500 pairs of its Spectacles camera sunglasses at a $130 price point. That’s ...

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Facebook launches Watch tab of original video shows

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Facebook has a new home for original video content produced exclusively for it by partners, who will earn 55 percent of ad break revenue while Facebook keeps 45 percent. The “Watch” tab and several dozen original shows will start rolling out to a small group of U.S. users tomorrow on ...

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Here’s the 22nd batch of 500 Startups companies

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500 Startups is ramping up its next batch of companies in its early-stage startup program, which this time consists of 36 startups. The firm’s pitch to companies entering the accelerator has generally been that it can better help support growth and marketing efforts. So a lot of the companies you’ll ...

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Apple just released iOS 11 developer beta 5

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Apple just dropped a brand new beta for your favorite iOS update of the year. While iOS 11 isn’t coming out until September, the company has been testing the new version for a couple of months already. I still don’t recommend installing the beta on a device you use every ...

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