Tag: startup

Europe’s Migrants

Chinese Company Buys Majority Stake In Gay Dating App Grindr For $93M

Gay dating app Grindr has long been viewed as one of the great “bootstrapping” success stories of the tech world, self-funded from inception through years of dramatic growth. It was therefore surprising to see the company sell off 60 percent of its shares to a huge corporate investor for a cool $93 million.

AP Photo

Stop Calling It a ‘Shutdown’–and Start Winning

Speaker of the House Paul Ryan is coming under withering criticism from conservatives for passing a massive new budget that funds the government through next September–and avoids a government “shutdown.”

REUTERS/Ronen Zvulun

France Attempts to Win Back Jewish Citizens Who Fled to Israel

France’s Economy Minister, Emmanuel Macron, attended a prominent technology conference this week in Israel as part of an ongoing strategy employed by Paris to bring French Jews back to their home country, the Wall Street Journal reports.

Uber (Reuters)

Two Fundamental Reasons Why Every Taxi App Fails to Compete with Uber

(Ferenstein Wire)—The taxi industry has launched yet another high-profile attempt to conquer their arch nemesis Uber. The upcoming Arro, like many of its predecessors, is an app for hailing and paying for a taxi, much like other ride-hailing companies out of Silicon Valley. Every similar app, so far, has either completely shut down shortly after launch or failed to slow the rise of Uber.

Courtney Boyd Myers/Flickr

A Silicon Valley Startup Explains Why They’re Ditching Freelancers

As Uber and other Silicon Valley startups come under legal pressure for employing an army of full-time freelancers, a well-funded new startup has decided to completely switch its workforce to staffed employees with full benefits (“W2” workers).

OurCrowd (Joel Pollak / Breitbart News)

Israel’s OurCrowd Revolutionizes Investing, Startup Funding

JERUSALEM, Israel — The future of tech investing is housed–barely–in a stone spice warehouse on the Hebron Road in Jerusalem. There are, I am told, bullet holes in the walls, from the days when the building faced the boundary with Jordan. On the day I visit, it sounds like a war zone–a battle of drills and hammers, fire alarms and telephones, as the company expands into neighboring space. Only two years old, OurCrowd is revolutionizing startup funding–and growing rapidly.