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Author: akimolux

Giant companies that won’t buy your startup

Huge companies in fast-changing, technology-intensive businesses buy startups. After all, they have the money and need fresh entrepreneurial talent to tap new markets and stay abreast of disruption. That’s the collective wisdom about MA in venture capital and startup circles. It’s also how the venture business survives. Though IPOs may get more attention, acquisitions account for the vast majority of startup exits and a majority of venture returns. But what if the common wisdom isn’t true? What if companies could do perfectly well adjusting to changing conditions, beating competitors and sustaining enormous market capitalizations without buying scrappy startups? To delve into that hypothesis, we used Crunchbase data to help assemble a list of the least acquisitive large-cap companies. The primary focus was technology companies, but we included other sectors because leaders in retail, consumer products, shipping and pretty much any other industry also invest heavily in tech. The resultant list shows that many companies with reputations as innovators actually don’t do much MA. Some did in the past, but have cut back or stopped in recent years. Others have never shown an appetite for acquisitions. Here are some of the most recognizable names on our list of big companies least likely to buy your startup. Netflix Netflix seems like the kind of company that would do a lot of acquiring. It has a valuation around $60 billion, an innovative, risk-taking...

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Snapchat is stifled by its un-algorithmic feed

Snapchat invented its best products by being the anti-Facebook. Its disappearing chats made visual communication quick and casual compared to Facebook’s email-esque text messages. Stories ditched the likes and permanency so you could share your raw moments in the now, instead of just the life highlights that define you forever on your Facebook Timeline. But now this “opposite of Facebook” orthodoxy is holding Snapchat back. After a brutal year of being copied by the world’s biggest social network, Snapchat might be wise to return the favor. Twitter and Instagram prove out the algorithm Twitter was once in Snap’s position. With slowing growth, it needed a big change to reinvigorate its aging app and make it easier for people who browse tweets ten times a day. Twitter had always been the real-time firehose of commentary about what’s going on right now. Yet over the years, as users followed more and more accounts, their best friends and the best tweets were drowned in the rushing river of their purely reverse-chronological feeds. Instagram sorts Stories algorithmically atop the screen So Twitter made its most significant product update in years: it switched to algorithmic-sorting of its feed. Suddenly it didn’t matter if you followed a few noisy public figures or annoying oversharers, or if your favorite accounts only posted occasionally. Twitter began sifting out what you cared about most and showing it first....

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Wikipedia has been blocked in Turkey

Wikipedia, the online user-generated encyclopedia, has been blocked by the Turkish government. News of the blockage was first reported by the website Turkey Blocks, at around 1AM Eastern this morning. The website, which was set up to monitor what online properties are blocked by the Turkish government, reported that the blockage was approved by the Ankara first criminal court. With the move, Turkey joins the Chinese government as two of the only nations to completely block access to Wikipedia. Since a failed coup attempt last July, Prime Minister Tayyip Erdogan has steadily tightened controls over Turkish media both traditional and online. The government has also cracked down on dissidents in the country. Picking up a story from the Associated Press, Canada’s Globe and Mail is reporting that at least 4,000 civil servants have been expelled from their posts as a result of a recent decree from the Erdogan government. So far, 47,000 people have been arrested and 100,000 purged for alleged connections to terror organizations. Tensions in Turkey have been running even higher since a recent referendum on the fate of the Turkish political system. That election saw a small majority of the country grant sweeping new powers to Erdogan, who has been ruling largely by Presidential decree since the July coup, according to reports. Wikipedia founder Jimmy Wales took to Twitter a few hours ago to post his response to the crackdown...

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LEGO Brings the Heat With NASA Apollo Saturn V Set

From the Apollo 13 landing to various missions to orbit the earth, NASA‘s Saturn V rocket is one of the most famous pieces of modern day spacecraft, even after its retirement in 1973. Now, LEGO has announced its own version of the Saturn V in the most recent addition to its ever-growing collection. The nearly 2000-piece set will feature a 1:1100 scale brick model of the original rocket ship, which will stand at about 39 inches, or about 100 centimeters. In addition to this, included in the set will be miniature models of the Saturn V lunar lander, complete with three mini astronauts and American flag, and one replica Apollo capsule. Set to release in June 2017, the Saturn V LEGO set will retail for $200 USD and will be available at LEGO stores around the world and online. Keep a tab open on the LEGO website to stay up to date with all of its current projects and future releases. Article source:...

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Seth Rogen Hints at Fyre Festival Parody Movie With The Lonely Island

While there are very few positives that have come out of the disastrous Fyre Festival, one of them is a hint that comedian Seth Rogen dropped on Twitter. The comedian said that he and comedy trio The Lonely Island are coincidentally working on a film about a music festival that goes off the deep end. This seems like a good time to mention the movie we are making with @thelonelyisland about a music festival that goes HORRIBLY WRONG. — Seth Rogen (@Sethrogen) April 28, 2017 The official Twitter account for The Lonely Island, who recently came out with the movie Pop Star, Never Stop Never Stopping, quoted the tweet, poking fun at the idea of taking legal action against the organizers of the Fyre Festival. For real, thinking about suing #FyreFestival for stealing our idea. — The Lonely Island (@thelonelyisland) April 28, 2017 Rogen already has movie experience with The Lonely Island, working with the band in The Watch and Neighbors. Rogen also made news when his controversial movie The Interview came out in 2014. With no other information on the film, we’ll have to wait and see if Rogen and the band follow up with it. In the mean time, we can kick back and observe all of the drama that continues to unfold from the Fyre Festival. Article source:...

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