Small/Start up Business News

By Christopher Saleh | Relevant news and information for small or start up businesses that need to operate with strategy required to survive and thrive in today's market.

Do Good Companies ICO?

There has been a veritable explosion in the use of initial coin offerings (abbreviated ICO, sometimes also referred to as a token generating event or TGE, or a WTFLOL) to fund startups. Calculating the total investment in these offerings is complicated, but Coindesk puts the total right now at …

Venture Capital

F.C.C. Repeals Net Neutrality Rules

WASHINGTON — The Federal Communications Commission voted on Thursday to dismantle landmark rules regulating the businesses that connect consumers to the internet, granting broadband companies the power to potentially reshape Americans’ online experiences.<p>The agency scrapped the so-called net …

Internet

A timeline of events that led to the downfall of Travis Kalanick at Uber

Uber’s 40-year-old chief executive Travis Kalanick has resigned from the ride-sharing company.<p>On June 20, the New York Times reported that Kalanick, who helped found the company in 2009, resigned after five of Uber’s major investors sought his removal. Kalanick will reportedly stay on as a director …

Uber

Snapchat goes public at $29bn and makes co-founders tech billionaires

Snap Inc’s IPO pushes Evan Spiegel and Bobby Murphy’s company ahead of Twitter and potentially creates a serious rival for Facebook<p>Snap Inc, the company behind disappearing messaging app Snapchat, has gone public with stocks soaring 44% on their first day of trading and valuing the company at $28bn.<p>…

Social Media

Groupon founder Andrew Mason is back with a cool new startup

• <b>Groupon founder Andrew Mason just launched a startup called Descript.</b>• <b><br>Descript is an ingenious audio editing tool for podcasters.</b>• <b><br>It was born out of the startup he launched after he was ousted from Groupon, called Detour.</b><p>Groupon founder Andrew Mason launched another new startup on Tuesday. It's …

Startups

Tech giants are using open source frameworks to dominate the AI community

Tech giants such as Google and Baidu spent from $20 billion to $30 billion on AI last year, according to the recent McKinsey Global Institute Study. Out of this wealth, 90 percent fueled R&D and deployment, and 10 percent went toward AI acquisitions.<p>Research plays a crucial role in the AI movement, …

Artificial Intelligence

Uber's new CEO says he banned employees from using secure messaging apps for Uber business

Uber's new CEO has been trying to clean-up the mess cofounder Travis Kalanick left behind. One sweeping change was a total crackdown on secure …

Uber

Two years after going public, Square is now worth more than Twitter

Jack Dorsey’s payments company has edged past Jack Dorsey’s tweeting company.<p>Jack Dorsey’s “other” company, Square, is now worth more than Twitter. As of this afternoon, the mobile payments firm had a market value of $16.5 billion — more than a billion dollars above Twitter’s market cap, according …

Social Media

MoviePass now has an annual subscription plan that works out to $7.50 a month

• <b>MoviePass is offering a limited time one-year subscription plan of $89.95.</b>• <b><br>That's $7.50 a month, less than the average ticket price ($8.93).</b>• <b><br>The number of subscribers using the startup since the $9.95-a-month price change in August has hit 600,000.</b><p>MoviePass is not letting up on disrupting the movie …

Everything You Need to Know About "Social Enterprises"

The many paths to making a positive social imprint.<p>Most business owners hope to make a positive difference in the world. To varying degrees, many of them do. However, the drive to build a company that has a direct social impact has led to it becoming a loaded term where not all social enterprises …

The Biggest Challenges in Finding Top Talent (And How to Overcome Them)

The biggest names in HR share how anyone looking for top talent can overcome the industry's biggest challenges<p>Unemployment is at an all-time low. The job market is now largely candidate-driven, and there are more jobs available than candidates to fill them. For hiring professionals, that means it's …

Employment

Alibaba smashes its Single’s Day record once again as sales cross $25 billion

Alibaba has set another Single’s Day record after the e-commerce giant sold over $25 billion of product on the Chinese biggest online shopping date.<p>The full number comes in at 163.8 billion RMB, that’s roughly $25.4 billion, and it represents a 39 percent increase on last year’s sales total of RMB …

A startup has created a performance-enhancing bottled 'superfuel' — here's what it's like to drink

• <b>Ketones could supercharge the body in a way unlike any other fuel source.</b>• <b><br>HVMN, a startup based in San Francisco, is bringing to market a drink made of pure ketone ester that it says has performance-boosting qualities.</b>• <b><br>We tried the drink before its public launch.</b><p>HVMN, a startup building "human …

You've Just Promoted Someone, and Your Other Employees Are Upset. Here's What to Do Next

A colleague one day, a boss the next. Awkward? You bet.<p>Promoting from within is a valuable retention strategy. With opportunities for advancement, employees will be open to new challenges and responsibilities. It also prevents top talent from jumping ship. Reaching the next level in their career …

How to Build a Startup Ecosystem

If you're the only startup in town, it's going to be tougher than if you're launching in a healthy startup ecosystem.<p>Chicago’s startup ecosystem is exploding. But so are others all across the country and around the world, with varying levels of success. I wanted to talk about the mix of ingredients …

Tech Stocks Were More Than 75 Percent of October Market Rally

If you haven’t been holding tech stocks, you’ve probably missed out on the rally.<p>The technology sector accounted for more than 75 percent of the S&P …

Markets

First batch of free Disrupt Berlin Hackathon tickets available now

Aufmerksamkeit, menschen! You know what makes Disrupt Berlin Europe’s premier tech conference for startups, entrepreneurs, investors and hackers more exciting (who knew that was even possible)? Free tickets to the Hackathon. That’s right. We just released the first round of free Hackathon tickets …

These are the businesses still immune to Amazon

It feels like nothing is safe from Amazon.<p>On Friday (Oct. 13) Bloomberg reported that Amazon was getting into sportswear. The company signed on a vendor that produces clothing for Gap, Uniqlo, and Kohl’s to make private-label athletic wear for Amazon. The news sent a shiver through the market, with …

Trends

How Baltimore Is Growing Its Tech Gurus From Scratch

In Baltimore, an inventive nonprofit is teaching children from the inner city the skills they need to get good jobs in their hometown.<p>BALTIMORE — Zion Greene and Damion Saunders are building a robot out of Crayola markers, a plastic cup, a DC motor and a piece of foam pool noodle. “What if we made …

Education

9 Phrases Bosses Should Say Often to Inspire and Motivate Others

Forty-five percent of employees say words of affirmation are the primary way they like to be shown appreciation in the workplace.<p>We hardly ever think about it, but a leader's words are a powerful means for motivating people at work. But where do you start with what to say, or even how to say things …

Leadership

Elon Musk has reportedly used a brutal tactic to keep from wasting time in meetings

Most people don't like to have their time wasted with unnecessary meetings.<p>But Elon Musk, the founder and CEO of SpaceX, has a strategy to keep things moving, a former SpaceX employee posted on Quora.<p>The former employee relayed a story where Musk once called out an employee in a meeting. He …

Are you matching the right customers with email? Google and Oracle show you how

<i>This week’s guest blog post is contributed by Curt Blattner, Head of OnRamp Solutions, Oracle Data Cloud.</i><p>There’s no doubt that Google Search, YouTube …

Marketing

Spotify preps to go public with 60M subscribers, outpacing Apple

Spotify’s singular focus on music sees it adding subscribers faster than the iPhone company with a streaming app on the side. Spotify has added 20 million paid subscribers in less than a year, while it’s taken Apple Music more than a year and a half to make that progress. Spotify now has 60 million …

Seed funding slows in Silicon Valley

(This version of the August 1st story corrects paragraph 28 to show Initialized Capital takes a 15 percent ownership stake in companies. Previous version incorrectly said a 50 percent stake)<p>SAN FRANCISCO (Reuters) - The bloom is off seed funding, the business of providing money to brand-new …

How Two Brothers Turned Seven Lines of Code Into a $9.2 Billion Startup

Now, Stripe’s Patrick and John Collison are teaming with Amazon to grab even more control over the global flow of commerce.<p>Every day, Americans spend …

Startups

If You Want to Keep Your Best Employees From Quitting, Ask Yourself These 5 Questions

Getting new hires off on the right foot can make all the difference.<p>If you're in any type of management role, I have an important question for you: Do you have an onboarding process for new employees?<p>I ask because having effective onboarding is crucial to the success of new hires. For so many …

Employment

The 10 best companies to work for in 2017

Tech giants rank high on Indeed's annual list of best places to work, with companies like Salesforce, Facebook, and Google taking top spots. Here are …

The Workplace

NBC News launches ‘Stay Tuned,’ a twice-daily Snapchat news broadcast

NBC News is bringing news broadcasts to Snapchat, the company announced today, with the launch of a twice-daily headline news show it’s calling “Stay Tuned.” The show aims to connect with younger viewers who no longer get their news from traditional television, nor connect with a trusted anchor …

Snapchat

KKR Strikes Deal To Buy Health Information Giant WebMD For $2.8B And A Former Partner Scores

Private equity giant KKR is betting big on healthy living. In separate announcements on Monday morning, KKR said it will buy both internet health information giant WebMD Holdings for $2.8 billion and The Nature’s Bounty Co., a company that sells supplements ranging from fish oil and Vitamin D pills …

Health Care