How Foursquare hopes to hit profitability

Jeff Glueck and Dennis Crowley of Foursquare Foursquare’s business looks a whole lot different than it used to. New CEO Jeff Glueck and co-founder Dennis Crowley know it — and they still have a plan to hit $100 million in revenue, and profitability, in the next few years. They talked about some of their efforts, like focusing on building new tools for businesses that can help them grow, onstage at TechCrunch Disrupt… Read More Continue reading How Foursquare hopes to hit profitability

Lending Club shares are crashing after its CEO resigns

Renaud LaPlanche, Lending Club Lending Club shares are down more than 25% — shaving off hundreds of millions of dollars off the company’s roughly $2.5 billion market cap — after it announced its CEO would resign following an internal review of $22 million in near-prime loan sales to a single investor.
Renaud Laplanche will leave the company after a review of a loan sale that didn’t meet the… Read More Continue reading Lending Club shares are crashing after its CEO resigns

Shyp rolls out its new packaging pricing model to all customers

Shyp_courier Shyp has finished rolling out a new packaging pricing model to all its customers that includes variable shipment pricing based on the packaging that the company provides. Shyp is still playing around with its business model and, to be sure, over time these tweaks will add up. The unit economics of on-demand services aren’t quite as simple as a $5 fee (plus postage) and require a… Read More Continue reading Shyp rolls out its new packaging pricing model to all customers

Amazon’s Web Services are shining in its latest earnings beat

amazon Amazon posted its first-quarter earnings today, and boy did they not disappoint: it beat what analysts were expecting on nearly all fronts, and the stock is up more than 12% after its huge beat. The big one here, in particular, is Amazon Web Services. AWS has become a go-to for most businesses, so it’s not surprising that it’s seeing that segment continue to grow steadily. The… Read More Continue reading Amazon’s Web Services are shining in its latest earnings beat

Shyp added another fee to its online return shipments

Shyp Shyp is now charging a $5 handling fee for its online returns in addition to its regular pickup fee and postage costs.
Shyp’s big play has been that it’ll charge a simple $5 fee, plus postage, for a quick pickup and delivery. It expanded into online returns in March last year after noticing an increasing percentage of its user base began returning items through the service. That… Read More Continue reading Shyp added another fee to its online return shipments

GoDaddy CTO and cloud VP heads to Google

Screen Shot 2016-04-16 at 11.34.35 AM GoDaddy’s chief technology officer — amid a time when the company is expanding its cloud-computing operations — is departing, according to a regulatory filing. Elissa Murphy will be leaving the company later in May. Her departure comes as GoDaddy has begun building out cloud infrastructure, helping it evolve from a simple hosting service to something more robust. These kinds… Read More Continue reading GoDaddy CTO and cloud VP heads to Google

Threaded messaging is coming to Slack

slackdroid_2x In an interview with Walt Mossberg, Slack CEO Stewart Butterfield said threaded messaging — perhaps one of the service’s most important missing components — is finally coming. Butterfield told Mossberg that Slack had been using threading internally for months while testing what the best version of the tool would be for the service, which will hopefully come out in the… Read More Continue reading Threaded messaging is coming to Slack