Officials with Hyperloop One want to build their first systems along existing highways in places like the Bay Area and L.A., not on long runs between those two ends of California. Read more »
SAN FRANCISCO— Twitch has gained notoriety for both its product — streaming video of people (mostly) playing video games and offering live commentary — and its size: it was bought by Amazon for $970 million in 2014.
...14 hours ago
DENVER—Anthony Franco often gets a surprise reaction when people find out what he’s doing since leaving the Denver web-technology business he founded and sold to one of the world’s largest advertising conglomerates.
“'You’re selling whiteboards?' A lot of people say that to me,” Franco says with a laugh.
The veteran tech entrepreneur who’s last business, EffectiveUI, was bought by ...15 hours ago
What does a successful startup with five employees have in common with an established corporation that operates hundreds of locations around the world?
When it comes to investment decisions — either financial or effort-based — they have to be justified. Whether it’s a process conversion or new management effort, stakeholders and executives must be able to evaluate the reasoning and ...15 hours ago
I am convinced that T-R-U-S-T is the most important five-letter word in business — not sales or money or any other replaceable commodities.
Trust can be fragile, especially in the workplace. Once it’s broken, few companies, managers or employees ever win it back.
At every level of every organization, workers need to understand the importance of keeping their word and living up to the ...16 hours ago
SAN FRANCISCO—A startup that helps companies cut back on energy bills got a boost from a prominent Silicon Valley backer: Peter Thiel and Ajay Royan's Mithril Capital Management, a $1 billion fund that invests in high-growth tech companies.
Stem, which repurposes batteries from Panasonic, Tesla ( NASDAQ: TSLA) and Samsung for enterprises to roll back energy use at peak times, has raised $105 ...17 hours ago
LOS ANGELES—The independent theater chain that puts a priority on the fan experience in its auditoriums is helping to extend fans’ involvement in the making of movies as well. Alamo Drafthouse is partnering with “fan-owned” entertainment company Legion M to develop and distribute genre flicks.
Under the deal, Alamo Drafthouse will help Legion M find scripts, projects and talent for ...18 hours ago
SAN FRANCISCO—San Francisco-based Prosper Marketplace is exploring strategic options, including a possible sale of the company, Reuters reported Thursday, citing unnamed sources.
The marketplace lender hired investment banks Financial Technology Partners and JPMorgan Chase (NYSE: JPM) to help raise capital and consider options that include selling a minority or majority stake in the company, ...19 hours ago
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