Day: June 11, 2018

Facebook finished its homework. In a pair of newly uploaded letters, the two Senate committees that grilled Facebook founder Mark Zuckerberg in April have published the social media giant’s written answers to their considerable body of questions. Zuckerberg faced criticism for not answering many of the more intricate or controversial questions from members of Congress
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Facebook may have disbanded its “Trending” news section, but the social network is not abandoning its media company ambitions, despite whatever CEO Mark Zuckerberg said to Congress. In fact, the opposite of “not being a media business” is now occurring: Facebook is directly paying news publishers to create video, even as it claims its focus
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Prøhbtd, a startup that CEO Drake Sutton-Shearer said is designed to “build a bridge” between the cannabis industry and mainstream culture, is announcing that it has raised $8 million in Series A funding. It’s not the only cannabis-focused digital media company out there; I wrote about the initial funding for Herb last year. But Sutton-Shearer argued
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San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps. In a press release today it notes this
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Workday, the cloud-based platform that offers HR and other back-office apps for businesses, is making an acquisition to expand its portfolio of services: It’s buying Adaptive Insights, a provider of cloud-based business planning and financial modelling tools, for $1.55 billion. The acquisition is notable because Adaptive Insights had filed for an IPO as recently as
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SEO (Search Engine Optimization) is a relatively recent branch of web mastery. At its simplest level, it involves guessing likely keywords potential visitors to your site might enter into a search engine, then working out ways to make sure your own pages feature high on the results list. The higher the search ranking, the more
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