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The big con: How tech companies made a killing by fudging their numbers

In May 2015, Snapchat cofounder Evan Spiegel sat onstage at a tech event and said his app was "approaching" 100 million daily active users in developed markets.  He was wrong — or, well, he exaggerated. In June 2015, Snapchat averaged 89 million daily active users overall , per Snap`s S-1 filing Headlines at that time said otherwise.  SEE ALSO: San Francisco was the place to be for people in tech. Then it wasn`t. Spiegel, in the midst of getting grilled by reporters Walt Mossberg and Kara Swisher, was answering the same question posed to every tech company: How are your numbers?  Silicon Valley was built on metrics: users, time spent, pictures uploaded, etc. These numbers made even young startups look like they could conquer the world and make billions of dollars along the way. Read more... More about Facebook , Startups , Advertising , Snapchat , and Wall Street
Mashable
37m43s 15:52:28

PSA Working on U.S.-Bound Vehicles but Brand Decision Still Year Away

Which brand PSA Group will choose to sell in the U.S. by 2026 will be decided next year, and engineers in Germany have begun work on ensuring the future models meet North American regulations and tastes. DS or Peugeot are most likely. Alternatives include Citroën and now Opel and Vauxhall after PSA bought the U.K. […] The post PSA Working on U.S.-Bound Vehicles but Brand Decision Still Year Away appeared first on Motor Trend .
Motor Trend
44m14s 15:45:57

At Larry Nassar sentencing hearing, a parade of horror and catharsis

At Larry Nassar sentencing hearing, a parade of horror and catharsis    Washington Post Michigan judge dismisses complaints made by Larry Nassar about his sentencing hearing    ESPN One after another, victims speak up in Larry Nassar`s sentencing, despite his complaints    Los Angeles Times Full coverage
More Top Stories - Google News
01h07m 15:23:01

County halts process to prohibit open space protests ahead of oil and gas drilling

A plan presented by Boulder County staff to prohibit public assembly on Boulder County open space ahead of anticipated oil and gas operations will not proceed, according to Boulder County Commissioner Elise Jones. There are remaining questions, however, about the genesis of the proposed plan, its intent and what the County is actually planning in its […] The post County halts process to prohibit open space protests ahead of oil and gas drilling appeared first on Boulder Weekly .
Boulder Weekly
04h38m 11:51:47

Rapper Berner Celebrates Opening of His "State-of-the-Art" Pot Dispensary in Maywood

A Cookies in Los Angeles was Berner`s dream, maybe even three or four dispensaries. But he and his partners were stymied when dealing with officials from Los Angeles, who wanted dispensary owners to jump through too many hoops, he said.
L.A. Weekly
07h00m 09:30:00

Rural Wisconsin woman’s body found frozen next to her car

TOWN OF HARMONY, Wis. (AP) — Authorities in southern Wisconsin say a woman’s body was found frozen next to her car outside her rural home. Rock County sheriff’s detectives are investigating but foul play is not suspected in the death of 52-year-old Lorie Hanson. Capt. Todd Christiansen says Hanson’s body was found in her driveway […]
The Seattle Times The Seattle Times
22m55s 16:07:16

Lawmakers back longer, higher-interest payday loans

TALLAHASSEE – Nearly 17 years after the Legislature passed strict rules governing payday loans, a bipartisan push to loosen some of those regulations has emerged, which would push annualized interest rates up to more than 200 percent. Critics say the move will plunge poor people who become dependent...
Home - Orlando Sentinel
30m11s 16:00:00

Miami `cocaine godmother` Griselda Blanco`s story is a Lifetime TV movie with Catherine Zeta-Jones

During Miami’s cocaine wars of the 1970s and 1980s, Griselda Blanco was known as “la madrina” (godmother) of the Medellin Cartel. She was also called “The Black Widow’’ for allegedly killing her husbands and lovers. Now a movie based on the infamous Colombian drug queen is coming to Lifetime television. ...
Home - Sun Sentinel
45m11s 15:45:00

The bitter cold is wreaking havoc on Raleigh’s water lines

Winter has not been kind to water lines throughout the city. Raleigh has seen 118 water main breaks since Dec. 1, according to officials. That’s nearly double the 66 breaks … Click to Continue »
Raleigh Breaking News, Sports, Weat..
46m41s 15:43:30

Woman arrested in stabbing at El Cajon bus stop

A woman was arrested Wednesday afternoon on suspicion of fatally stabbing another woman at a bus stop in El Cajon, a police lieutenant said Thursday. Alaya Jenkins, 23, was taken into custody on South Travelodge Drive about 3 p.m., Lt. Walt Miller said. Police believe she was staying at a motel...
The San Diego Union-Tribune - San D..
02h20m 14:10:00

Dead & Company announces July Boulder dates

Jerry Garcia may be gone, but the Grateful Dead — or at least original members Bob Weir, Mickey Hart and Bill Kreutzmann — continue to forge onward as Dead & Company. On Thursday, Jan. 18, The psych-rock survivors announced their spinoff band will be performing July 13 and 14 at Boulder’s 53,000-capacity Folsom Field, which is home to UC-Boulder’s Buffalos football team. This will be the third time Dead & Company have played the venue since 2016, when they broke a 15-year live music drought at the venue that was largely caused by noise complaints.…
Colorado Springs Independent
04h53m 11:37:00

Blac Chyna`s House Manager in a Coma, Rob & Tyga Help With Medical Expenses

Blac Chyna`s house manager is in a coma and it`s got Chyna`s exes, Tyga and Rob Kardashian, opening their wallets to help pay for medical expenses.   Patty, who also helped run Chyna`s clothing line, suffered a stroke in July…
TMZ.com
11h40m 04:50:00

Housing starts, Apple repatriation

Starts were quite a bit lower than expected while permits held steady: From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,192,000. This is 8.2 percent below the revised November estimate of 1,299,000 and is 6.0 percent below the December 2016 […] The post Housing starts, Apple repatriation appeared first on The Center of the Universe .
The Center of the Universe
04h30m 12:00:09

DoorDash begins restaurant deliveries in Springs

DoorDash began food delivery operations in Colorado Springs yesterday, and the company is looking to hire drivers and expand its list of restaurant partners. “Our biggest difference from other services is we offer to pick up McDonald’s, Taco Bell or Wendy’s,” said DoorDash Colorado General Manager Anna Katherine “AK” Barnett-Hart. “We’ll act as the middle […] The post DoorDash begins restaurant deliveries in Springs appeared first on The Colorado Springs Business Journal .
The Colorado Springs Business Journ..
04h58m 11:32:08

The Latest: California captive plotted escape for 2 years

LOS ANGELES — The Latest on the case against the parents of 13 children found malnourished, some chained to furniture, in their Perris, California, home (all times local): 12:50 p.m. The father of the man accused by California authorities of abusing his 13 children says he doesn`t believe reports that his son and his son`s wife chained their children for long periods and let them shower only once a year.
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