Goldman Sachs predicts $2 billion in revenue for Snap Inc. in 2018, Breitbart editor Milo Yiannopoulos resigns after controversial statements surface, Disney demonstrates wireless charging technology, and more.
WhatsApp updates with Snapchat-like vanishing content, SpaceX lands its latest Falcon 9 rocket booster, media buying on Snapchat confuses advertisers, and more.
Rubicon Project signs SoundCloud, Elon Musk is seriously pursuing tunneling as a business, and GM deploys 100 electric cars for car sharing program in Los Angeles.
FINANCE: Fika’s $40 million fund will look to help stake B2B businesses from get-go.
Fika Ventures aims to get a jump on startups with a $40 million fund.
Tinder acquires Snapchat-like app Wheel, Snap Inc. aims to raise as much as $3.2 billion in IPO, and Disney’s Maker Studios is eyeing layoffs.
Tinder announced on Thursday that it had for an undisclosed amount acquired General Specific Inc., the developer of Wheel, a video-and-picture slideshow app.
Fika Ventures raises $40 million seed fund, Musk posts tweet opposing Muslim ban, then deletes it, Imax opens flagship virtual reality center on Fairfax, and more.
Fika Ventures has raised a $40 million seed fund to invest in business-to-business companies developing software products for finance, online marketplaces, and healthcare.
Mattel partners with Alibaba to develop toys for China, PewDiePie original YouTube show canceled following anti-Semitic comments, and ZestFinance launches service to rate credit for millennials without borrowing history.
Toy maker Mattel Inc. of El Segundo has partnered with Alibaba Group of Hangzhou, China to market and develop products for Chinese consumers.