During Computex last week, Sennheiser gave media a sneak peek at its first wireless gaming headset, the GSP 670, slated to ship starting at the beginning of next month. The GSP 670 retails for €349 (about $393), significantly pricier then other popular wireless gaming headsets (as well as its wired predecessor, the Sennheiser GSP 600,…
Ticketmaster’s dominance has led to ridiculous service fees, scalpers galore, and exclusive contracts that exploit venues and artists. The moronic approval of venue operator and artist management giant Live Nation’s merger with Ticketmaster in 2010 produced an anti-competitive juggernaut. It pressures venues to sign ticketing contracts under veiled threat that artists would otherwise be routed…
David Krane has a very big job. He’s the CEO and managing partner of GV, and he oversees the fund’s global activities, investing in tech companies including Uber, Nest, and Blue Bottle Coffee among hundreds of others. Yet the journalism major and former director of global communications and public affairs for Google maintains a surprisingly…
Pratilipi, an app that is uniting writers in India and encouraging others to try their hand at storytelling, has just raised $15 million to expand its network in the nation. The Series B financing round was led by Qiming Venture Partners. Existing investors Nexus Venture Partners, Omidyar Network India, Shunwei Capital, Contrarian Vriddhi Fund, and…
The wheels are turning on Didi Chuxing’s first major expansion in Latin America after the Chinese ride-hailing firm announced moves into Chile and Colombia to double its presence in the region. Didi said it rolled into Valparaiso, Chile’s third largest metropolis, and Colombian capital city Bogota this week. The company plans to expand beyond those…
Uber (NYSE: UBER) closed up 5% Wednesday at $45 per share, trading for the first time since its May 10 debut at its initial public offering price. The boost comes one day after the quiet period for the dozens of investment banks that underwrote Uber’s IPO came to an end. Which is to say, Uber’s…
After announcing plans in September 2018 to build a joint venture together, today Russian internet giant Mail.ru, Megafon and China’s Alibaba announced that the deal has closed. With support also from Russia’s sovereign wealth fund RDIF, the three are forming a new operation called AliExpress Russia JV — which will include business assets and investment…
YouTube is a confusing mess of an internet platform. In what appears to be a moment that draws a line in the sand around how online platforms regulate content, YouTube has told a gay reporter that homophobic harassment he received from a prominent conservative channel does not violate its policies. The company told Vox reporter…
Uber’s best hope to beat all its ride sharing and food delivery competitors is that it does both. Through cross-promotion, it can combine activities people might only do a few times per week or month into a product they open daily. Uber CEO Dara Khosrowshahi said cryptically on the company’s first earnings call last month…
Apple’s splashy new product announcements at its annual Worldwide Developers Conference in San Jose also ushered in new rules of the road for its ecosystem partners that force hard turns for app makers around data ownership and control. These changes could fundamentally shift how consumers perceive and value control over the data they generate in…
