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Pivotal Software closed up 5% following IPO, raised $555 million

Stock market investors showed lukewarm enthusiasm for Pivotal Software’s debut on Friday. After pricing the IPO at $15, the company closed the day at $15.73.

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Friday, April 20, 2018 - 17:29

SF supervisor doesn’t want you riding electric scooters on sidewalks

For those of you keeping track of the scooter saga in San Francisco, Supervisor Aaron Peskin has filed a resolution in opposition of California State Assembly bill 2989.

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Friday, April 20, 2018 - 14:25

Founder of cryptocurrency debit card faces new fraud charges for $32 million ICO scheme

The U.S. government is following through on its promise to crack down on initial coin offering scams. On Friday, the SEC announced charges against Raymond Trapani, the third co-founder of Centra Tech Inc., which raised $32 million for a cryptocurrency debit card last year through a flashy ICO endorsed by DJ Khaled and boxer Floyd Mayweather. The company’s other two co-founders, Sam Sharma and Robert Farkas, were charged and arrested earlier this month.

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Friday, April 20, 2018 - 17:06

Startup ecosystem report: China is rising while the US is waning

Startups are a gamble, but it’s possible to better understand why some thrive and many more die by looking at the ecosystems in which they operate. Such is the mission of eight-year-old Startup Genome, composed of a group of researchers and entrepreneurs who, every year, interview thousands of founders and investors around the world to get a better handle on what’s changing in the regions where they operate, and what remains stubbornly the same.

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Friday, April 20, 2018 - 15:02

Twitter is down again for some [Update: It’s Back]

Rough week to be in Twitter support. Three days after the site experienced downtime across the globe, the site was hit by another outage. Status.io’s service site is currently listing an “active incident,” leaving many users unable to tweet. In other cases, the site isn’t loading at all, instead serving up internal server errors or messages stating that the service is “over capacity.”

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Friday, April 20, 2018 - 14:22

Twitter banned Russian security firm Kaspersky Lab from buying ads

The U.S. government isn’t the only one feeling skittish about Kaspersky Lab. On Friday, the Russian security firm’s founder Eugene Kaspersky confronted Twitter’s apparent ban on advertising from the company, a decision it quietly issued in January.

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Friday, April 20, 2018 - 15:00
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