Fitbit acquires health management startup Twine
Fitbit has come a long way since its step-counting days. The wearable technology company has been scooping up acquisitions faster than its users have been shedding pounds.
In an effort to transform from a hardware company to [..]
Visa and Mastercard increase fees for investing in cryptocurrencies to almost 10 percent
Investing in cryptocurrencies is about to get harder—and a lot more expensive. Two of the world’s largest credit card processors, VISA and MasterCard, have just changed the way that the purchase of cryptocurrencies like [..]
Amazon, Berkshire Hathaway and Chase to Start an Insurance Company
From opening cashier-less grocery stores to running its own (award-winning) movie and television show production company (not to mention the online marketplace thing), Amazon seems to have its hand in everything these days, [..]
COO Anthony Noto leaves Twitter to become CEO of financial startup SoFi
In a big Silicon Valley shakeup, Twitter has just announced that Chief Operating Officer (COO) Anthony Noto has resigned. Noto, who has been with the social media company since 2014, has reportedly been named as the new [..]
GoPro Exiting the Drone Market and Putting Itself Up for Sale
In just a few short years, GoPro has gone from being wildly successful to (literally) falling from grace. The beloved action camera company has just announced that not only will it be pulling out of the drone and aerial [..]
Facebook will now penalize posts that beg for likes, comments and shares.
In an attempt to retain its emphasis on authenticity, Facebook has just announced that it will be demoting posts that ask for likes, comments, or tags to increase engagement.
The posts, coined “engagement bait” usually [..]
Lyft partners with Guild Education to offer drivers tuition discounts
Working your own hours and being your own boss are no longer the best perks of driving for Lyft. The ride-share company has just announced a partnership with Guild Education that will give drivers tuition discounts and [..]
WeWork Acquires Meetup as Acquisition Streak Continues
In its fifth acquisition in nearly six months, shared workspace startup WeWork has just announced that it will purchase Meetup for an undisclosed amount.
Launched in 2010, WeWork provides over 10 million square feet of [..]