Snap, the Snapchat parent, closed the day down just 1% Monday after the first phase of the dreaded lockup expiration, which meant that some insiders are now eligible to sell shares. The anticipation of a big selloff had been putting downward pressure on the stock for weeks, but it appears that enough of that fear was already built into the stock price to withstand day one. But while… Read More
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After being ousted from the VR empire he built, Oculus founder Palmer Luckey is wasting no time on his next project: building the wall. As CNN reports, Luckey’s newfound interest in defense is evident in the Secure Miles with All Resources and Technology (SMART) Act, proposed by Texas Representative Will Hurd. Hurd partnered with other Republican representatives from border states… 
We’re taking a look at the IPOs of tech’s biggest players. Next up is Google, which went public in 2004. At the time, the firm frankly told investors that it was “not a conventional company,” and it did “not intend to become one.” For Google, the unconventional attitude worked. But before its IPO more than 10 years ago, the company’s future was… 
Facebook has gone ahead and purchased Charles Jolley’s conversational AI startup Ozlo. Jolley, formerly Head of Platform for Android at Facebook, will not be returning to the company. The Ozlo team is expected to join Facebook to work on natural language processing challenges. Ozlo launched with a consumer facing app back in October 2016. Jolley told me at the time that the… 
NASA has announced the latest beneficiaries of its Small Business Technology Transfer program, which solicits and funds small-scale research projects outside the agency but relevant to its interests. 19 projects in a variety of fields are being awarded a total of $14.3 million. 
Noted venture firm Kleiner Perkins is getting a little leaner. General partner Mike Abbott announced Monday that he’s leaving the team for an undetermined startup role. Separately, its early stage “Edge” team is folding. The instances are unrelated, I am told. Abbott, who joined KPCB in 2011 from Twitter, wrote in a post, “my desire to discover and invest in the next… 
Google’s brand of VR is, at last, beginning to arrive on Samsung devices.
Snap Inc has joined the Global Internet Forum to Counter Terrorism, which sees consumer internet companies cooperating to stop the spread of terrorism and extremism online. Facebook, Google and YouTube, Microsoft, and Twitter formed the GIFCT last month, and tomorrow it will host its first workshop with fellow tech companies plus government and non-governmental organizations. The GIFCT started… 
The Research and Development Corporation (RAND) has helped the U.S. think through some of the toughest scientific and regulatory challenges since the 1940s. This year, the think tank is opening its first office in the SF Bay Area. It’s positioning itself to weigh in on some of Silicon Valley’s largest research projects, like autonomous vehicles, drones, AI, cybersecurity and… 
The FCC has provided a few — very few — details of the steps it has taken to prevent attacks like the one that briefly took down its comment system in May. The agency has faced criticism over its secrecy regarding the event, and shows no sign of opening up; citing “the ongoing nature of the threats,” to reveal its countermeasures would “undermine our… 
Large hotel chains are feeling the heat from Airbnb and other startups building digital marketplaces for travellers with a more flexible range of places to stay, and more flexible prices to match. And that is leading some of them to make acquisitions.
Facebook and Autodesk, have partnered with non-profit organization Inneract Project, which is geared toward bringing design to young people in underserved communities through free, hands-on classes and mentorship. With the support of Autodesk and Facebook, Inneract Project has been able to hire two full-time employees, an operations managers and a project leader coordinator. The organization… 
It’s high time for launch details regarding new AMD RX Vega cards that were teased in May — high-end graphics cards designed to challenge NVIDIA’s domination with the GTX 1080 and 1070. Both cards are going on sale August 14, at $499 for the Radeon RX Vega 64 and $399 for the Radeon RX Vega 56. For the specs intro, the RX Vega 64’s core specs include 64 compute units,… 
Pandora is probably breathing a small sigh of relief after months of chaos have still ended with a positive second quarter, sending the shares up more than 7% in extended trading. Pandora has certainly had an interesting second quarter, capping off the drama with CEO Tim Westergren stepping down at the end of June. It also sold Ticketfly at a pretty big loss, pondered selling a big stake in… 
Redfin, the Seattle-based real estate site, had a great first couple days on the stock market. After pricing above the expected range at $15 per share, the stock closed Friday up about 45% at almost $22. Today, shares were up another 11%, closing above $24. With a market cap approaching $2 billion, it’s more than double than the $770 million valuation that Redfin achieved in its last… 
