A Recap Of The 9th Annual Crunchies Awards

Screen Shot 2016-02-09 at 12.54.30 PM The 9th Annual Crunchies took place at the War Memorial Opera House in San Francisco last night. Host Chelsea Peretti had us laughing before our presenters came on stage to announce the winners of this year’s Crunchies. Follow along for some of the highlights of the show, including an operatic musical number, our favorite speeches and some of your social media posts. Read More

SolarCity Beats Q4 Estimates, But Stock Plunges 30 Percent On Soft Outlook

solarcity-earnings-red SolarCity, which is down more than 50 percent over the past year, just released its Q4 2015 earnings. The market has reacted negatively, with the stock trading down about 30 percent after-hours at a price of around $17.50 per-share. While Q4 revenue of $115M and loss of $2.37 per share beat estimates of $111M in revenue and a loss of $2.59 per share, the company’s Q1 2016 forecast… Read More

Fox Marks Down Its DraftKings Investment By 60 Percent

In this photo taken on Tuesday, Dec. 1, 2015, an ad for daily fantasy sports operator DraftKings is displayed in a subway station in Philadelphia. A state judge has barred daily fantasy sports sites DraftKings and FanDuel from doing business in New York.  The order issued Friday, Dec. 11, 2015, by state Supreme Court Justice Manuel Mendez also denied the country’s two biggest daily fantasy sports sites’ attempts to block the state’s attorney general enforcement action. (AP Photo/Oskar Garcia) Twenty-First Century Fox, which invested $160M in DraftKings over the summer, has written down the investment by about 60 percent, according to its 10-Q filed today. Specifically, Fox noted that “based on information concerning DraftKings’ current valuation in a recent financing transaction, the Company determined that a portion of its investment in DraftKings was impaired and… Read More

Lully Launches The Sleep Guardian Plus To Reduce Night Terrors

lully1 When we last covered Lully, the YC-Backed startup had just announced the close of a $2.1 million seed round for operations surrounding their flagship product called The Sleep Guardian. That product launched in June of 2015. Today they are launching an updated version—The Sleep Guardian Plus. Read More

Lulu, The App That Lets Women Rate Men, Acquired By Badoo

AlexandraChong Portrait Lulu, the once controversial mobile app that lets women anonymously review and rate men (something the startup calls ‘dating intelligence’), has been acquired by London-based dating platform Badoo. Read More

PayPal’s Chief Technology Officer Resigns

PayPal offices James Barrese, the chief technology officer of PayPal, will resign on April 1 and his position will be taken over by two people. The online payments giant disclosed the news in an SEC filing, where it was first spotted by ZDNet. Read More

Digital Shadows Gets $14M To Keep Growing Its Digital Risk Scanning Service

data analysis research shutterstock UK cyber security startup Digital Shadows, which sells a SaaS service to businesses wanting to monitor and manage potential risks by keeping tabs on activity related to their digital footprint — has closed a $14 million Series B funding round, led by Trinity Ventures. As part of the investment, Trinity’s Fred Wang has joined the Digital Shadows board. Read More

And The Winners Of The 9th Annual Crunchies Are…

IMG_20160208_165131 Silicon Valley is getting dressed up tonight to celebrate startups, their founders and CEOs, VCs and angels, and the products they make during our 9th Annual Crunchies awards show at the San Francisco War Memorial Opera House. Tonight’s show is hosted by comedian Chelsea Peretti. Read More

The Holy Grail of Web Scale

holygrail With customers demanding access to goods and services where and when they want, and servers deluged with requests, concurrency and expectations of responsiveness, organizations of all types are focused on building “web-scale” systems. Initially built by companies such as Facebook and Google because their sheer size demanded it, web-scale technology has become the mantra for… Read More