First Tumblr, and now comes another sizable New York City exit. Turns out the whimsical MakerBot won’t be raising a round, after all, because the desktop 3D-printing startup is being acquired by publicly traded behemoth Stratasys, for $403 million in stock. (Of course, that’s just the initial value, based on today’s $84.60 closing price for shares of Stratasys stock.) Stakeholders qualify for additional performance-based earnouts, with an initial total value of $201 million. Read More
Good news for history nerds/hipsters who really identify with Luc Sante’s Low Life: The New York Public Library has released a snazzy new app that’ll show you cool historical photos when you check in on Foursquare. Pack your bags, because we’re going on a nostalgia trip.
The app draws on the NYPL’s Photographic Views of New York City collection, a huge cache of photos from the 1870s to the 1970s meant to “document the changing face” of the city. During a recent hackathon, a team rigged them up to Foursquare and its geolocation data. Read More
Do you ever look at a centuries-old spiritual practice and think, “Huh, how can I use this to make myself a better employee of Google?” Apparently someone does: Wired reports that meditation and mindfulness are the hottest thing going in Silicon Valley.
Googlers are signing up in droves for “Search Inside Yourself” training, and the company has instituted “mindfulness lunches.” Facebook and Twitter apparently have “regular in-office meditation sessions and arranging for work routines that maximize mindfulness.” Read More
Pivot-happy ecommerce startup Fab has raised yet another round of cash. CEO Jason Goldberg announced in a blog post that the company has just closed $150 million in new funding. Participants include Tencent, Atomico, Andreessen Horowitz, Itochu Technology Ventures, and existing investors.
What’s more, he adds, it’s “just the first part of a larger Series D round” they expect to complete over the coming weeks.
As New York City considers its options for mayor, Silicon Alley is biting its nails at the prospect of a post-Bloomberg world. And last night, four candidates–former councilman Sal Albanese, former Congressman Anthony Weiner, comptroller John Liu and former Bronx president Adolfo Carrión–appeared at the Museum of the Moving Image to pitch themselves to the tech industry, in a forum organized by the Coalition for Queens. (Front-runner Christine Quinn declined to show.)
And, well, they gave it the old college try. Read More
Screw the tasteful minimalism of Dots: I am completely, hopelessly addicted to the gloriously tacky Candy Crush.
I play it on the subway, riding the elevator, in bed trying to fall asleep at night. It’s killing my battery. I’ve resorted to begging friends for additional moves, in hopes of escaping the replicating chocolate squares of level 65.
Nor am I alone in my addiction: According to App Data, it’s currently the most popular app on Facebook. It even makes real money off in-game purchases from desperate obsessives like yours truly.
Tumblr “director/media evangelist” Mark Coatney, one of the company’s early employees and the man who built the site’s outreach team, just announced that he’s leaving the company. For those keeping score at home, that’s right on the heels of creative director Jacob Bijani’s departure.
Mr. Coatney didn’t detail his reasons for leaving in the announcement on his Tumblr, other than to say, “It’s a a good time, with Tumblr moving into a new and even better stage with Yahoo, and though I’m happy about the decision and excited about new opportunities, it’s still bittersweet.” Read More
The number-crunchers at Priceonomics recently
Absent from this list is New York City. Then again, there are entire boroughs that tourists never see, so why would folks in the farthest-flung neighborhoods even bother to create a listing? Meanwhile, according to Pricenomics, there are 400 active listings in Hell’s Kitchen alone, and the median price of Read More
Let’s check in with Larry Ellison’s plans for his Hawaiian island of Lanai, shall we? The Wall Street Journal talked to the Oracle founder/overlord, who revealed a few of his schemes for his biggest, shiniest toy yet.
His ideas include an “ultraluxury hotel” (for when mere luxury won’t do), bringing commercial agriculture back to the island (think “the very best gourmet mangos,” “organic wineries,” and perfume made straight from flowers, “like they do in Grasse, France”), and a “sustainability laboratory.”
His first move, though, was to renovate the community pool, because the absolute last thing he needs is a bunch of pissed-off locals. Read More
Not to be outdone by Yeezus, Jay-Z announced last night–via a three-minute commercial midway through the NBA finals game–that he’s dropping his own new album, Magna Carta Holy Grail, next month.
Midway through the rambling ad, Jay-Z waxes philosophical, all Paul Graham-like: “That’s why the Internet is like the wild west, the wild wild west. We need to write the new rules.” Apparently, that means cutting a hugely lucrative deal with Samsung to give away a million copies of the album.
Guess someone’s figured out the right way to run this “information wants to be free” racket. Read More