The Tech Superstars Never Went Through Cash Like Today’s Big Burners | Fortune

Here’s an argument you hear a lot: the gigantic cash burn rates at the likes of Tesla and Uber are nothing new, because today’s established tech greats also churned through tons of cash in their early years. In fact, we keep hearing from champions of these glamor stocks on business TV shows and pundits’ blogs […]

The Race Is On to Challenge Google-Facebook ‘Duopoly’ in Digital Advertising – WSJ

The U.S. digital ad market grew by nearly $12 billion last year, with Google and Facebook collecting 77 cents of each new dollar spent, according to eMarketer. Peter and Maria Hoey June 19, 2017 5:30 a.m. ET Facebook Inc. FB -2.59% and Alphabet Inc.’s GOOGL -0.02% Google tower so far above the rest of the […]

Former Snapchat employee presses to unseal allegedly doctored usage statistics – LA Times

Former Snapchat employee presses to unseal allegedly doctored usage statistics Snap offices Al Seib / Los Angeles Times A former worker is pressing forward with an employment lawsuit against Los Angeles tech company Snap. A former worker is pressing forward with an employment lawsuit against Los Angeles tech company Snap. (Al Seib / Los Angeles […]

Real Estate Is Latest Target for Would-Be Disrupters – WSJ

A real-estate startup called Compass Inc. has hired hundreds of sales agents away from older rivals, collected $225 million from marquee investors and amassed a valuation of over $1 billion, all with the pitch that its software can make brokers more efficient. Real-estate veterans say they’re baffled by how the four-year-old firm, active in only […]