Apple says Spotify exaggerated how much ‘App Store tax’ it pays

In March, Spotify filed a complaint against Apple with the European Commission over the so-called “Apple tax” and claims of restrictive rules regarding the App Store. In the time since, Apple has responded with the launch of a website that takes aim at the anti-trust, anti-competitive claims against it, and most recently, a deep dive […]

Ray Dalio, Niantic, Adobe, Dropbox, remote work, Northzone, and Slack

Ray Dalio on the Extra Crunch stage at Disrupt SF 2019 This year at Disrupt SF, we will be hosting a special Extra Crunch stage focused on the issues that confront startup founders in building their companies. I am pleased to announce that Ray Dalio of Bridgewater fame will be sitting down for a fireside […]

Slack’s value rockets as stock closes up 48.5% in public debut

It was a historic day for Slack (NYSE: WORK). The workplace communication software juggernaut debuted on the New York Stock Exchange up 48% at $38.50 per share after reports emerged Wednesday night that the business had agreed to a reference price of $26 per share. Slack, founded in 2009 as Tiny Speck, closed up 48.5% […]

Slack prices IPO at $26 per share

Slack’s public debut is happening Thursday on the NYSE and the company has set a reference price of $26 per share for its direct listing, according to WSJ, which would value the company at around $15.7 billion. The company’s stock is expected to pop at open, according to the WSJ’s sources. Slack is pursuing a direct […]

Facebook announces Libra cryptocurrency: All you need to know

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery stores, and spend it using interoperable third-party wallet apps or Facebook’s own Calibra wallet […]

What do subscription services and streaming mean for the future of gaming?

Between xCloud, Stadia and a slew of subscription services, this year’s E3 marks a turning point for the industry Brian Heater @bheater / 20 hours The future of gaming is streaming. If that wasn’t painfully obvious to you a week ago, it certainly ought to be now. Google got ahead of E3 late last week […]

Apple joins the open-source Cloud Native Computing Foundation

The Cloud Native Computing Foundation (CNCF), the home of open-source projects like Kubernetes, today announced that Apple is joining as a top-level Platinum End User Member. With this, Apple is joining 89 existing CNCF end-user members like Adidas, Atlassian, Box, GitHub, The New York Times, Reddit, Spotify and Walmart. Apple, in typical fashion, isn’t commenting […]

Which type of funding is actually best for your business?

Jared Hecht Contributor Jared Hecht is the co-founder and CEO of Fundera, an online marketplace for small business financial solutions including small business loans. Prior to Fundera, Hecht co-founded group messaging app, GroupMe. When starting a tech company, there seems to be a playbook that most entrepreneurs follow. While some may start with a bit […]

Delane Parnell’s plan to conquer amateur esports

Most of the buzz about esports focuses on high-profile professional teams and audiences watching live streams of those professionals. What gets ignored is the entire base of amateurs wanting to compete in esports below the professional tier. This is like talking about the NBA and the value of its sponsorships and broadcast rights as if […]

SoundCloud buys artist distribution platform Repost Network

The past year has seen Spotify embark on a series of acquisitions to beef up its service, particularly on podcast content. Now it is the turn of SoundCloud, another European music startup — albeit one that had lost its way in recent years — to go deal-making: the Berlin-based company has picked up Repost Network, […]