Month: July 2017

Snap Inc has joined the Global Internet Forum to Counter Terrorism, which sees consumer internet companies cooperating to stop the spread of terrorism and extremism online. Facebook, Google and YouTube, Microsoft and Twitter formed the GIFCT last month, and tomorrow it will host its first workshop with fellow tech companies plus government and non-governmental organizations. The
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Large hotel chains are feeling the heat from Airbnb and other startups building digital marketplaces for travelers with a more flexible range of places to stay, and more flexible prices to match. And that is leading some of them to make acquisitions. RCI, a division of Wyndham Worldwide, has acquired Love Home Swap, a startup out
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What a difference a week makes. Less than seven days after Flipkart’s much-rumored acquisition of Snapdeal appeared to be nearing completion following months of speculation, the deal has officially died. All that stood between a reported $900-$950 million acquisition was the approval of Snapdeal’s board, but now talks are over and Snapdeal will continue on as
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SimplyCook, the recipe kit with a flavoursome difference, has raised £2 million in further funding. Investors in the round are Maxfield Capital, Episode 1 Ventures, 500 Startups, and a handful of unnamed U.K. angels. Unlike other recipe or meal kits, such as Blue Apron, HelloFresh, Gousto and Marley Spoon, U.K.-based SimplyCook doesn’t send you all
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Charter Communications says it has “no interest” in merging with Sprint, after the Wall Street Journal reported that Sprint had proposed a deal. The proposed merger would have combined Sprint and Charter into a new publicly traded entity controlled by SoftBank, which currently controls a majority stake in Sprint. If it had come to fruition,
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Facebook could jumpstart its Snapchat clone by letting social media stars and public figures post Stories publicly. When Facebook Stories launched globally in March, you could only share to all their friends or a subset of them. Now if you allow public followers, you can post your Story publicly so anyone can watch. Social media
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