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Anonymous app Whisper lays off 20% of staff to survive

BusinessBy adminJuly 29, 2017Leave a comment

[ad_1] Startups are dying all over the place as last year’s investment cool-off leads many to run out of cash. But Whisper refuses to race into the graveyard like fellow anonymous social apps Secret and Yik Yak. A source told TechCrunch that Whisper experienced layoffs this week, and after requesting comment, the startup now confirms…

Facebook will lease its first San Francisco office, for Instagram

BusinessBy adminJune 9, 2017Leave a comment

[ad_1] Facebook is finally getting an office space in San Francisco, and is currently considering several different locations, one of which will house up to 100 Instagram employees, an industry source familiar with the lease plan confirmed to TechCrunch. Earlier today, The Registry reported Facebook is in talks for a space at 181 Fremont in…

Yelp is getting eviscerated after it toned down its expectations for the year

BusinessBy adminMay 9, 2017Leave a comment

[ad_1] Yelp shares are down more than 25 percent after the company reported its first-quarter earnings report today, where it reduced its full-year guidance that it set in the previous quarter. The company said it would bring in between $850 million and $865 million in revenue for the full fiscal year of 2017. In the…

Jack Dorsey just spent $9.5M buying more Twitter stock

BusinessBy adminApril 29, 2017Leave a comment

[ad_1] Jack Dorsey is at it again — after purchasing $7 million in Twitter stock back in February, the Twitter CEO bought another $9.5 million today. After making his purchase, Dorsey posted the news on Facebook Twitter, sparking a one percent gain in the company’s share price in after-hours trading. Sourced from Google Finance. According to…

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