Home » NewsBlog » ReCODE

A former Walmart executive’s lawsuit claims the retailer has been inflating e-commerce growth numbers

2018-03-16T03:05:20+00:00 March 16th, 2018|Categories: News, Social Media|Tags: |

Tri Huynh, a former business development executive, says he was fired for raising concerns over the company’s practices. Is Walmart cheating in its race to close the gap between Amazon and its own online business? A new lawsuit from a former Walmart business development executive claims it is. The suit, filed this week in Northern [...]

Ride-hail apps like Uber and Lyft generated 65 percent more rides than taxis did in New York in 2017

2018-03-16T03:05:18+00:00 March 16th, 2018|Categories: News, Social Media|Tags: |

Ride-hail drivers now pick up more passengers in a month than taxi drivers ever have in a month. Ride-hail apps officially became more popular than New York City’s iconic yellow cabs as of the beginning of 2017. Ride hail apps first overtook taxis in February 2017 at more than 10 million rides a month but [...]

Celebrities keep hurting Snap’s stock price — this time over an inappropriate ad

2018-03-16T03:05:16+00:00 March 16th, 2018|Categories: News, Social Media|Tags: |

Rihanna isn’t happy with Snap, and the stock is down. But the company is also dealing with an advertising problem. For the second time in the past month, a popular celebrity has torched Snap’s stock with a public complaint. Last month, it was Kylie Jenner who tweeted that she “[does] not open Snapchat anymore,” an [...]

TheSkimm is raising $12 million from Google Ventures and other investors to build its subscription business

2018-03-16T03:05:14+00:00 March 16th, 2018|Categories: News, Social Media|Tags: |

The startup has a newsletter with seven million subscribers, but it wants more revenue sources. TheSkimm started out as a newsletter aimed at millennial women, but its founders have always said they wanted to expand into other product lines. Now co-founders Carly Zakin and Danielle Weisberg have more money to make that happen: They have [...]

The four most interesting things Peter Thiel said today in New York

2018-03-16T03:05:12+00:00 March 16th, 2018|Categories: News, Social Media|Tags: |

“I thought supporting Trump was one of the least contrarian things I ever did.” Peter Thiel sharply criticized Silicon Valley culture and defended why exactly he was leaving it in an interview on Thursday that touched on all of the investor’s most controversial beliefs. Those opinions have made Thiel, making a rare public appearance at [...]

Full transcript: Chain CEO Adam Ludwin answers cryptocurrency questions on Too Embarrassed to Ask

2018-03-15T03:05:00+00:00 March 15th, 2018|Categories: News, Social Media|Tags: |

“It’s this sort of tug-of-war between FUD and FOMO that drives the [bitcoin] price in the short run.” On this episode of Too Embarrassed to Ask, Kara Swisher and Lauren Goode tackle the blockchain, ICOs and cryptocurrencies with the help of Chain CEO Adam Ludwin. He explains what all of those terms mean and the [...]

Greylock investor Josh Elman is joining Robinhood, the stock-trading app, as its new product chief

2018-03-15T03:04:57+00:00 March 15th, 2018|Categories: News, Social Media|Tags: |

He’ll remain at Greylock as a venture partner. Venture capitalist Josh Elman is taking a senior role at the stock-trading company Robinhood, a move that will equip Robinhood with product expertise but also reduce the amount of time Elman spends at Greylock Partners, where he has established himself as a well-known consumer investor. Robinhood said [...]