David Byttow, co-founder of the anonymous social app Secret, discusses his company's talks with Facebook.
FORTUNE -- Earlier this week, it came to light that Facebook was having talks with Secret, a mobile application that lets people share messages anonymously with the contacts on their phone. Rumors quickly surfaced that Facebook (FB) was evaluating whether to acquire the small company, which despite the buzz only officially launched on Jan. 30. Facebook denied the rumors, and MOREJessi Hempel, writer - Apr 10, 2014 5:00 AM ET
All Star Code founder Christina Lewis Halpern is attempting to solve one of tech's biggest problems.
FORTUNE -- The technology industry lacks diversity, full stop.
Structurally, there are a lot of reasons for why this trend may grow worse instead of better in the future. More than many other industries, tech relies on social networks -- who you know -- to get in the door. Higher education once helped jump-start these networks, MOREJessi Hempel, writer - Apr 7, 2014 5:00 AM ET
The startup CEO talks about launching new loan products, plans to go public, and the future of banks.
FORTUNE -- On March 20, Lending Club announced plans to launch a small business loan platform. Lending Club business loans will range from $15,000 to $100,000 initially, with fixed interest rates starting at 5.9% for one-to-five-year loans. Initially, these loans will only be available to institutional investors, but CEO Renaud Laplanche aims to MOREJessi Hempel, writer - Mar 20, 2014 12:01 AM ET
Forget microfinance. The startup Lenddo is using social data to determine credit scores for a new group of lendees.
FORTUNE -- A big challenge for people in an emerging middle class who are struggling to find avenues to credit is that they rarely have formal credit histories.
They do, however, have social networks -- rich communities of family members and friends who can vouch for their character and credibility. And increasingly, as MOREJessi Hempel, writer - Mar 18, 2014 3:10 PM ET
The kinder, gentler Uber introduces anti-surge pricing
FORTUNE--Uber's riders love to complain about surge pricing. That's the dynamic pricing model that causes fees to spike when demand is high. Now Uber-competitor Lyft has a positive spin on the practice. On March 18, the car-sharing software company announced Happy Hour: When demand is low, prices will fall—offering customers discounts of up to 50%.
The name of the practice says everything about Lyft's corporate MOREJessi Hempel, writer - Mar 18, 2014 1:00 PM ET
The Thrillist Media Group CEO on e-commerce, what went wrong at Fab, and why he believes his company can be a $1 billion business.
FORTUNE -- With 9 million active readers, Thrillist Media Group will bring in more than $100 million in revenue this year, according to chief executive Ben Lerer. During a recent visit to the Thrillist New York offices, Fortune asked him for his thoughts on the future of commerce.
It's the MOREJessi Hempel, writer - Feb 24, 2014 8:35 AM ET
With Glow for Enterprise, the PayPal co-founder aims to make his fertility app a perk for progressive employers.
FORTUNE -- Max Levchin wants to sell companies on the benefits of helping their employees get pregnant. On Feb. 20, the fertility application he backed announced Glow for Enterprise, a new product for businesses. A number of buzzy tech startups including Evernote, Eventbrite, and Domo (see: Josh James: The Wildest, Craziest, Most MOREJessi Hempel, writer - Feb 20, 2014 10:00 AM ET
Facebook is buying WhatsApp for $19 billion, but it wasn't the only suitor.
My colleague Dan Primack has written a smart post on the numbers that weren't in the press release Facebook (FB) issued announcing it will acquire messaging service WhatsApp. I'll add just one more:
Two separate sources have told me that's how much Google (GOOG) offered to purchase WhatsApp. The bid did not come with promise of MOREJessi Hempel, writer - Feb 20, 2014 6:26 AM ET
You know what's cool? $19 billion
FORTUNE -- Remember back in 2012 when a billion dollars seemed like a lot of money to pay for a fast-growing photosharing app called Instagram? Turns out, that's nothing. Facebook (FB) has just announced plans to purchase mobile messaging service WhatsApp for at least 16 times that. The company will pay an additional $3 billion in restricted stock units to be granted to WhatsApp employees MOREJessi Hempel, writer - Feb 19, 2014 6:14 PM ET
How the biggest social network has won over more than 1 million of the smallest companies.
FORTUNE -- On Wednesday morning, Kay Martinovic advertised a sale at her Ormond Beach, Fla. consignment store, aptly named Kay's Designer Consignment. She paid $40 for a "boost" on Facebook (FB), which caused her store's ad to appear in fans' newsfeeds. She targeted women in the more affluent nearby communities including the town of Smyrna MOREJessi Hempel, writer - Feb 10, 2014 8:52 AM ET
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