Lyft completed its long-awaited IPO this week, trading 21 percent higher Friday than its initial offering price of $72 per share. It closed its first day of trading at about $78 per share, up roughly 9 percent. I spoke to IPO guru Brian Hamilton, the CEO of banking software company Sageworks, about Lyft’s offering to…
Few software companies have transformed the way we think about moving through physical space like Niantic. The creators of Pokémon GO and soon Harry Potter: Wizards Unite, Niantic has become an incredible unicorn success story, with a reported valuation of nearly $4 billion. One part AR, one part gaming, one part location, and many parts…
One of the great things about enterprise chat applications, beyond giving employees a common channel to communicate, is the ability to integrate with other enterprise applications. Today, Workplace, Facebook’s enterprise collaboration and communication application, and ServiceNow announced a new chatbot to make it easier for employees to navigate a company’s help desks inside Workplace Chat.…
“Works with AirPower mat”. Apparently not. It loooks to me like Apple doesn’t treat customers with the same “high standard” of care it apparently reserves for its hardware quality. Nine days after launching its $199 wireless charging AirPods headphones that touted compatibility with the forthcoming Apple AirPower inductive charger mat, Apple has just scrapped AirPower…
A year ago, Apple acquired the digital newsstand app Texture to form the basis of its new subscription-based service, Apple News+, which launched on Monday. As some have expected, the standalone Texture app will soon shut down as a result. According to emails sent to current Texture subscribers pointing to a FAQ on the company’s…
Lightning Motorcycles finally unveiled the electric vehicle it had been teasing for months. With a $12,000 to $19,000 price range, the Strike electric motorcycle has options with a 200-mile range, 150 mph top speed and 35-minute DC fast-charge time. The new machine has a more upright riding position and friendlier price tag than Lightning’s debut…
A revealing cluster of emails reviewed by Business Insider and Channel 4 News offers a glimpse at the fairly chaotic process of how Facebook decides what content crosses the line. In this instance, a group of executives at Facebook went hands-on in determining if an Instagram post by the conspiracy theorist Alex Jones violated the…
Setting up Elasticsearch, the open-source system that many companies large and small use to power their distributed search and analytics engines, isn’t the hardest thing. What is very hard, though, is to provision the right amount of resources to run the service, especially when your users’ demand comes in spikes, without overpaying for unused capacity.…
The latest report by a UK oversight body set up to evaluation Chinese networking giant Huawei’s approach to security has dialled up pressure on the company, giving a damning assessment of what it describes as “serious and systematic defects” in its software engineering and cyber security competence. Although the report falls short of calling for…
A security researcher warned Asus two months ago that employees were improperly publishing passwords in their GitHub repositories that could be used to access the company’s corporate network. One password, found in an employee repo on the code sharing, allowed the researcher to access an email account used by internal developers and engineers to share…
