Snapchat closes out 2014 by raising a ton of cash

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Snapchat wrapped up 2014 on a pretty good note: a privacy complaint from the FTC is now settled, and the company raised a whole ton of cash to close out the year. As most people were making plans to ring in 2015 yesterday afternoon, Snapchat quietly issued an SEC filing that shows it’s raised $485.6 million from a pool of 23 investors in recent months. That puts its valuation at at least $10 billion, according to Bloomberg.

As TechCrunch notes, Snapchat didn’t disclose who chipped in, nor which investment firm led the round. That’s believed to be Kleiner Perkins Caufield & Byers, with Yahoo among other investors eager to hitch a ride on Snapchat’s incredible rise and continued growth. TechCrunch reports hearing that with this latest…

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Kanye West and Paul McCartney are making music together — here’s the first single

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Kanye West and Paul McCartney are officially collaborating. Today, the hip-hop star released a track called “Only One” that features McCartney on keys. It’s a fairly straightforward, sparse ballad with a thick dose of Auto-Tune applied to West’s vocals. It’s more 808s and Heartbreak than Yeezus, but that’s fine by us. The song can be streamed for free at Kanye’s website.

“Only One” is also available on iTunes right now, and we get the impression you’ll be hearing more from the West / McCartney duo. A press release describes today’s single as “the first publicly available recording from what has become a prolific musical collaboration between these two legendary artists.” The pair came together in Los Angeles last year for “a simple…

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Twitter starts rolling out ‘while you were away’ recap to users

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Twitter’s taking a slight turn away from the chronological structure it’s stuck to for so long. Just as the company outlined in November, it’s now starting to roll out a new “While you were away” feature that recaps tweets you’ve missed since last opening the app and surfaces them at the top of your timeline. It’s not entirely clear how Twitter picks and chooses which tweets are worthy of the special treatment, though presumably metrics like retweets and favorites factor in. “Every time you open the Twitter app, you’ll see something great,” the company said of the feature in November.

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Everyone In Management Is A Programmer

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code When it comes to the task of finding and nurturing great engineering managers, misunderstandings at startups are all too common. It seems that many people assume great engineers don’t want to “give up” coding to take on leadership roles. To be clear, this is flat out wrong — and could create tremendous churn in your talent pool if you fail to recognize and elevate… Read More

Every episode of Friends is now on Netflix

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It’s probably hard to remember such a thing in 2015, but NBC used to be the network leader in primetime comedies. Today one of its biggest shows ever, Friends, has arrived on Netflix. The agreement to bring Rachel, Monica, Phoebe, Joey, Chandler, and Ross to the streaming service was announced back in October, but New Year’s Day — right now — is the first time subscribers can start binging on the 10 seasons of what ranks as one of the most popular sitcoms in TV history. Sorry, international viewers. For now, Friends is available to stream in the US only.

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Police arrest alleged member of group behind Xbox Live and PSN attacks

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An alleged member of the group claiming responsibility for the DDoS attacks that took Xbox Live and the PlayStation Network down for hours on Christmas day was arrested this week in the United Kingdom. 22-year-old Vinnie Omari, who is believed to be a member of self-styled hacker collective “Lizard Squad,” was arrested on suspicion of fraud. Thames Valley Police announced that he was arrested in connection with an investigation into PayPal thefts, but the search warrant presented to Omari shows that police were planning to search his phones, computers, email accounts, and more “in relation to the hacking of the PlayStation Network and Xbox Live systems over the Christmas period.”

Omari sent a picture of the search warrant to The Daily…

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