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Zenefits halves its previous valuation to $2B to head off investor lawsuits

By |June 30th, 2016|

 Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors; it’s a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. As part of accepting the new ownership changes, the investors… Read --> READ MORE

Apple might buy Jay Z’s Tidal music app

By |June 30th, 2016|

 If you can’t beat ’em, buy ’em. Apple is in discussions with Tidal about acquiring its music streaming app, which offers exclusives and early releases from big artists like Beyonce and Kanye West. The Wall Street Journal reports that the talks are still early and might not end in a deal, but Apple wants those --> READ MORE

NFL star Martellus Bennett on his new children’s book and app, Hey A.J.

By |June 30th, 2016|

 It’s not everyday that a 6 ft. 7 in. NFL star says he is going to spend his offseason designing and launching a new interactive children’s app. So to learn more, we sat down with Martellus Bennett, tight end for the New England Patriots and founder of The Imagination Agency, a multimedia production company designed to bring Martellus’ ideas --> READ MORE

Trulia can now help you find a place to rent near public transport

By |June 30th, 2016|

 Trulia, the online real estate search engine now owned by Zillow, launched an interesting new feature today that allows you to quickly find rental homes and apartments that have good public transport access. Rent Near Transit, as the new feature is called, is essentially an additional search filter that removes all houses that are more than --> READ MORE

Facebook throws out the news Paper

By |June 30th, 2016|

 Facebook Paper could have given publishers the reach they lost yesterday in the News Feed, but no one wanted the standalone news reading app. Facebook has pulled the Paper app from the app store and will discontinue support for existing downloads of it on July 29th, according to a message show to all user. Despite --> READ MORE

How Mexico went from telecom laggard to mobile trailblazer

By |June 30th, 2016|

 Twenty years ago only one out of 10 people in Mexico had a telephone of any kind. Today, more than 100 million people have cell phones and, more amazingly, more than 70 percent of those are smartphones. To keep up the torrid growth, scrappy competitors are offering smartphones for every budget and plans that let --> READ MORE

Government regulators are looking into fatal Tesla crash involving Autopilot

By |June 30th, 2016|

 Tesla announced today that the National Highway Traffic Safety Administration has opened an investigation into a recent fatal crash of a Model S with the company’s Autopilot feature activated. The accident took place on May 7th in a small West Florida town called Williston. The Florida Highway Patrol is also conducting its own investigation of --> READ MORE

New York’s longstanding Apple retailer Tekserve is closing up shop

By |June 30th, 2016|

 After nearly 30 years of dutiful serve to New York City’s Apple community, Manhattan-based retailer Tekserve will be closing its doors for the last time later this summer. It’s yet another sign of the times for a computer market that has shifted dramatically since Apple took computer selling into its own slick and well-lit hands --> READ MORE

How the VW diesel settlement breaks down in dollars

By |June 30th, 2016|

 On Tuesday, June 28, Volkswagen finally announced an agreement with US federal regulators (including the FTC), private plaintiffs in the United States, and 44 states to settle its TDI diesel case to the tune of about $15 billion. In case you need a refresher, in fall of 2015, researchers discovered that VW had engineered the --> READ MORE

Spotify and Apple are staring each other down while flipping the bird

By |June 30th, 2016|

 Figuratively, of course. The companies are at it again, and this time it’s not only bothersome to the businesses themselves, but to the end consumer. Going to the next level in an ongoing spat over Apple’s subscription rules, it would appear that Apple has rejected Spotify’s latest update to its app in late May, citing --> READ MORE