Yahoo just sealed another ambitious acquisition deal. The company announced today that it has reached an agreement to acquire Polyvore, a fashion-oriented e-commerce business founded in 2007. The announcement doesn’t give a price for the deal, but the cost to Yahoo is likely to be substantial. Polyvore had raised $22 million in seed funding, with the most recent round closing in January of 2012.
“The combination of Yahoos industry-leading digital content with Polyvores expertise in community and commerce has outstanding potential,” said Yahoo executive Simon Khalaf in a statement accompanying the annoucement. “We are thrilled to have the Polyvore team join us.”
Yahoo CEO Marissa Mayer has long been close with Jess Lee, the founder…
Kendrick Lamar has already given us three music videos for songs off his critically acclaimed sophomore albumTo Pimp A Butterfly, including the tremendous treatment for “Alright,” which should pull in a VMA Award if there’s any justice in the world. Now Kendrick’s back with a video for “For Free? (Interlude)” which is one of the boldest and deepest tracks on the album, and the new video is nothing if not audacious. Featuring a choir, a full band, and a rapidly multiplying Kendrick Lamar, the brisk video directed by Joe Weil & The Little Homies is the latest addition to one of the best albums to come around in some time.
Yahoo just announced that it has reached an agreement to acquire style-focused community Polyvore. In a blog post about the deal, Yahoo’s senior vice president of publisher products Simon Khalaf highlighted “Polyvore’s expertise on community-driven experiences and retailer-supported commerce” and wrote that the deal “will accelerate Yahoo’s digital… Read More
Most of us probably won’t ever visit the International Space Station (ISS) and look down at the Earth (motto: “The only planet we know has beer, so let’s not ruin it”). Looking at pictures and videos made by cameras mounted on the ISS is about as close as we’re going to get. There’s already an ISS HD Earth Viewing Experiment on Ustream, but Urthecast is putting out higher-definition images than what you see on Ustream, and has plans to put out even clearer images and video before long. While Urthecast is likely to accumulate plenty of “oohs” and “aahhs” as it rolls along, according to CEO Scott Larson their real objective is to sell imagery — and not necessarily just from the visible light band of the overall spectrum — to industrial and government users. People like us are still invited to look at (and marvel at) lovely images of our planetary home.
NOTE: Today’s video is about 4:30 long. If you want to watch and listen to more of Mr. Larson, we have a second “bonus” (Flash) video for you. Or you can read the transcript, which covers both videos.
Given the massive influx of capital that we are currently enduring in Silicon Valley, TechCrunch has decided to take another crack at the lexicon of the moment to help everyone understand just what people mean when they say things that make you want to snag them by the hair and give them a noogie. Following our previous entry, this list is an expansion — we are here to help, after all.… Read More
Well, that was embarrassing. Following months of piss-poor communication and a chaotic planning process, Boston’s bid to be the U.S. entry for the 2024 Olympics finally died this week like Britain’s rule over the colonies. The city that once brought the Industrial Revolution to the people now finds itself unable to build a venue for beach volleyball, or you know, housing or… Read More
We’ve been promised a flying car for as long as I can remember. From The Jetsons to Back To The Future, we’ve been sold this dream for years and years. Owning something that starts out on the ground and ends up flying through the air is something I want to experience before I kick the bucket. Read More
An anonymous reader writes: Most of us are looking forward to the advent of autonomous vehicles. Not only will they free up a lot of time previously spent staring at the bumper of the car in front of you, they’ll also presumably make commuting a lot safer. While that’s great news for the 30,000+ people who die in traffic accidents every year in the U.S. alone, it may not be great news for insurance companies. Granted, they’ll have to pay out a lot less money with the lower number of claims, but premiums will necessarily drop as well and the overall amount of money within the car insurance system will dwindle. Analysts are warning these companies that their business is going to shrink. It will be interesting to see if they adapt to the change, or cling desperately to an outdated business model like the entertainment industry did. “One opportunity for the industry could be selling more coverage to carmakers and other companies developing the automated features for cars. … When the technology fails, manufacturers could get stuck with big liabilities that they will want to cover by buying more insurance. There’s also a potential for cars to get hacked as they become more networked.”
An anonymous reader writes: The South China Sea is just small enough to have high strategic value for military operations and just large enough to make territorial claims difficult. For over a year now, the world has been aware that China is using its vast resources to try and change that. Instead of fighting for claims on existing islands or arguing about how far their sovereignty should extend, they simply decided to build new islands. “The islands are too small to support large military units but will enable sustained Chinese air and sea patrols of the area. The United States has reported spotting Chinese mobile artillery vehicles in the region, and the islands could allow China to exercise more control over fishing in the region.” The NY Times has a fascinating piece showing clear satellite imagery of the new islands, illustrating how a fleet a dredgers have dumped enormous amounts of sand on top of existing reefs. “Several reefs have been destroyed outright to serve as a foundation for new islands, and the process also causes extensive damage to the surrounding marine ecosystem.” We can also see clear evidence of airstrips, cement plants, and other structures as the islands become capable of supporting them.
It’s been a busy week for Drake, but why not cap it off with yetanothersong about how real he is. A music video just came out for The Game’s “100,” which features a very mellowed out Drake rapping through the middle of it and warning other rappers not to show up to his studio “with that fake shit.” The song originally dropped last month, but its lyrics are all too fitting for the end of a week focused on Meek Mill’s accusation that Drake does exactly what he’s warning others not to. Perhaps the most ironic part of this entire thing is that The Game actually references Meek on this track, and in a line about friendship. Presumably, it isn’t a metaphor Drake would have used.
It’s rude to talk or take phone calls during a movie. That statement should be obvious, but it’s a problem that persists regardless of how much shushing you do. So independent theater chain The Alamo Drafthouse made a new video to silence loud moviegoers by invoking the emotional aesthetic of Friday Night Lights, complete with a score by Explosions in the Sky and a performance from the show’s biggest star.
In the video we see Coach Taylor (Early Edition’sKyle Chandler) spin up one of his trademark inspirational speeches. But it’s not long before he has to resort to shouting at the millennials who stand before him, distracted. “How am I supposed to give my inspirational speech here when you’re talking or texting?” he breathlessly asks…
Reuters is today backing up earlier reports of a meeting between Apple and luxury automaker BMW. CEO Tim Cook is said to have visited BMW’s headquarters last year, and other executives toured the company’s Leipzig plant. According to Reuters, Apple showed a particular interest in BMW’s i3 electric car and the manufacturing process which produces the vehicle’s carbon fiber body. Only a week ago, Manger Magazine reported on the Apple / BMW meeting and claimed that Cupertino may be eyeing the i3 as the foundation for its own, heavily rumored electric car. Hundreds of Apple employees are working on the secret project, The Wall Street Journal revealed in February.
Partner programs can be a big source of revenue — for example, channel sales account for 80 percent of Cisco’s revenue. Now a startup called GrowSumo is working to make those programs easier to manage, particularly for businesses that don’t have Cisco’s resources. GrowSumo is part of the current batch of startups at incubator Y Combinator. Co-founder Bryn Jones told me… Read More
Asana, the team productivity software that’s raised $38.2 million from high-profile investors like Founders Fund and Andreessen Horowitz, just got called out on Twitter for its lack of diversity. Asana CEO Dustin Moskovitz (pictured above) was quick to respond and he handled it well. In fact, he says Asana is actively working to create a more diverse workforce. Here’s the tweet… Read More
Launching out of the Summer 2015 Y Combinator batch, Locent is an e-commerce platform powered entirely by text messages.
One of the biggest challenges for online retailers is shepherding customers through a lengthy checkout process. By providing businesses with a custom, text-enabled phone number, Locent turns the checkout process into just a text message.
Here’s how retailers use the… Read More
August is nearly upon us, which means news is slowing.
But that hasn’t stopped car companies from racing away with the news, including Tesla’s introduction of Ludicrous Mode (which we haven’t stopped talking about), and the old Top Gear crew signing with Amazon for a new show. Meanwhile, Microsoft launched Windows 10, and Razer bought OUYA out in an all-cash deal.
This… Read More