Chinese news app Toutiao buys Musical.ly for $800 million
The Chinese news aggregator app Toutiao has something new to sing about after acquiring the popular video-based social network, Musical.ly.
Launched in 2014, Musical.ly allows users to upload and share 15-second lip-sync [..]
Snapchat’s Major Redesign Will Launch December 4th and Will (Hopefully) Make the App Easier to Use
Snapchat is undergoing a major visual overhaul that is scheduled to be released to the public on December 4th. After a shaky Q3 that left shareholders doubting the future of the social media app, Snapchat’s design [..]
Why Technologies Die and What Could’ve Been Done to Save Them
Every few years, we witness the advent of new technology, websites and apps, which embark on a similar trajectory as our lives. They, like us, start off as optimistic children full of unrealized potential, then they venture [..]
JPMorgan Chase Buys Fintech Startup WePay
JPMorgan Chase has just announced that it has purchased WePay, an online payment provider founded in 2008. With clients such as Constant Contact, Infusionsoft, and GoFundMe already using WePay’s service, the start-up will [..]
Tesla Motors Fires Hundreds of Employees Citing “Bad Performance” as the Reason
Last week, a significant number of employees were dismissed by Tesla Motors following the completion of its annual performance review in spite of the fact that efforts are being made by the automobile manufacturer to enhance [..]
Mark Zuckerberg Apologizes for Insensitive VR Tour of Puerto Rico
Facebook chief executive Mark Zuckerberg was fiercely attacked after streaming a live video of him on a virtual reality tour of the hurricane-devastated Puerto Rico which was aimed to promote his new Facebook [..]
Starbucks Shuts Down Its Online Store. Their Reason for Doing it Kinda Makes Sense.
In a world where every business from giant corporations to local mom & pop stores are pushing to make their business more relevant in the online world, Starbucks has decided to say “no thanks”. This week, [..]
Kohl’s will soon allow customers to return items purchased on Amazon.com
If you live near Los Angeles or Chicago, Kohl’s is about to make returning the things you bought on Amazon.com much easier.
Following announcement that Kohl’s would start selling goods from Amazon in ten of its [..]