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The big question in the media world today is whether MoviePass parent company Helios and Matheson can stanch the bleeding of its cash flows before it becomes insolvent.
In a new filing today with the SEC, Helios informed investors that it had $15.5 million in available cash, with another $27.9 million in accounts receivable from members of
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Read more: MoviePass parent drops 31% on looming cash crunch
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Android’s development studio is getting a new update as Google rolls out Android Studio 3.2 Canary, adding new tools for visual navigation editing and Jetpack.
The new release includes build tools for the new Android App Bundle format, Snapshots, a new optimizer for smaller app code and a new way to measure an app’s impact on battery life. The S
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Read more: Google’s Android development studio gets a new update with visual navigation editing
Write comment (93 Comments)Intel Capital, the investment arm of the computer processor giant, is today announcing $72 million in funding for the 12 newest startups to enter its portfolio, bringing the total invested so far this year to $115 million. Announced at the company’s global summit currently underway in southern California, investments in this latest tranche cover
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As Slack looks to woo larger and larger companies with the prospect of a simpler workplace collaboration tool, the company said it has now hit 8 million daily active users.
The company said it also has 3 million paid users. A darling in Silicon Valley, Slack was initially able to capitalize on pent-up demand for workplace communications tools that
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Read more: Slack hits 8 million daily active users with 3 million paid users
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In 2016, Walmart announced that it would begin testing grocery delivery in conjunction with Uber and Lyft.
Today, however, Reuters reports that those partnerships have come to an end, which was confirmed by Walmart and Uber.
TechCrunch first reported in 2015 about Uber’s plans to launch a merchant delivery system, wherein goods from retailers would b
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Read more: Walmart ends grocery delivery deal with Uber and Lyft
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As we plunge into our baffling future, it is believed that, at some point, we will be trading in cryptographically secure kittens, monsters, and playing cards. While it is unclear why this will happen, Rare Bits and their new service, Fan Bits, is ready for the oncoming rush.
Co-founded by Dave Pekar, Amitt Mahajan and Danny Lee (who met after
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Read more: Rare Bits launches a market for digital collectables
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