Box’s Q1 Revenue Nearly Doubles As Its Losses Expand A More Modest 13%

Screen Shot 2014-07-07 at 1.57.03 PM This afternoon, Box pulled the trigger on its updated S-1 document, detailing its fiscal first quarter financial performance. For the three-month period, Box had revenue of $45.3 million, and a loss of $38.5 million. The revenue figure is up 93.6 percent, and the loss total is up a more modest 13 percent. Read More

The Privacy Implications Of NSA Searches Should Not Be Minimized

13898097577_bae932ac52_o The Obama administration on Sunday attempted to downplay the damning revelations made in the Washington Post about the National Security Agency’s (NSA) broad data sweeps under Section 702 of the Foreign Intelligence Service Act (FISA). In response officials told the New York Times that “the agency routinely filters out the communications of Americans and information that is of… Read More

Keith Rabois’ Homebuying Startup OpenDoor Raises $9.95M From Everyone

Opendoor Team Photo Well.
It seems like a lot of Valley investors want to see the process of buying homes become a lot more efficient.
After Khosla Ventures VC and former Square COO Keith Rabois teased that he was working on a project to make buying homes as simple as clicking a few buttons, a horde of Valley angels and VCs started circling. Read More

Compromise Will Shape The Wearables Market

IMG_9828 Just as fitness apps and wearables are gaining real traction, the introduction of Android Wear is giving consumers their first maybe-viable smartwatches. In the coming months and years, this new category will force consumers to make a similar decision as that between Microsoft’s unified approach to operating systems and Apple’s intentional divergence of iOS and Mac OS X. Read More

Facebook Tries Being A TV Channel With New Mobile Video Player

Facebook Video Player If you watch one of a friend’s videos, Facebook will now try to get you to watch more with a new carousel of suggested videos that appears after you view one in the mobile News Feed. Reminiscent of YouTube’s Related Videos, Facebook confirms the existence of this fresh laidback experience in Facebook for iOS that I spotted over the weekend. It lets you quickly watch a series of… Read More

Isis Mobile Wallet Rebrands To Distance Itself From Militant Group ISIS

isis Isis, the mobile wallet platform backed by AT&T, T-Mobile and Verizon here in the U.S., has decided to rebrand after its name became synonymous with “ISIS,” an Islamic militant group linked to sectarian violence against civilians and government forces in Iraq and Syria, the company is announcing today. That the two organizations share a name is entirely coincidental, but… Read More

Box Picks Up $150M More As It Waits For Favorable IPO Winds

Wall Street Box, a file-storage and management firm, has raised another $150 million from TPG and Coatue, according to the Wall Street Journal. The company had previously raised $414.1 million, making its total funding in excess of $550 million. TechCrunch has confirmed the amount through a source. Previously, Box filed to go public, with its S-1 document detailing rapid revenue growth. Its top line… Read More

Germany Unhappy With U.S. Over Allegations Of A Double Agent Assisting In Continued Spying

Screen Shot 2014-07-07 at 10.06.28 AM The U.S. got caught paying a German intelligence operative $34K to spy on the German group created to investigate the U.S.’s spying on Germany — at least according to the most recent crop of embarrassing allegations into the NSA’s surveillance activities. And German Chancellor Merkel is not pleased. Earlier today in China, the Chancellor stated that if the allegations prove… Read More

Mac OS X Gets The Dark Theme We’ve All Been Waiting For In Yosemite Preview 3

screen-shot-2014-07-07-at-10-23-20-am Apple’s desktop operating system got a little more fashionable with the new Preview 3 update of OS X 10.10 Yosemite seeded to developers today. The update, which can be installed by registered developers who have the existing preview version on their machines through the Mac App Store, lets users enable Dark Mode, a highly coveted feature that impressed when it was unveiled at WWDC in… Read More

Blek Comes To Android, And I Get Stuck On Level 23

Screenshot_2014-07-07-13-04-55 Earlier this year, iOS game Blek drew critical cheers and enthusiastic reviews from gamers. Android fans who watched from the sidelines but haven’t yet actually Blekked can now try out the puzzler for themselves. The game uses a curious drawing mechanic as its only moving part basically, allowing the player to sketch a line with their finger that then becomes an animated in-game… Read More

MIT And Dropbox Alums Launch Inbox, A Next-Generation Email Platform

dark_lockup Founded by Dropbox and MIT alums, a new startup called Inbox is launching out of stealth today, hoping to power the next generation of email applications. Similar to the newly launched Gmail API, Inbox offers a more modern way to build apps that access end users’ inboxes. But instead of being limited to Gmail, it also works with Yahoo, Microsoft Exchange and others, the company says. Read More