The curious case of Slack’s missing $162 million

Slack has filed its S-1 registration statement with the SEC in preparation for its direct listing. One interesting dataset that usually comes out of these S-1s is the company’s actual fundraising history. Slack has raised eight main rounds (series A-H), and 15 rounds total when including individual tranches since it incorporated on February 25, 2009 […]

Spot.IM raises $25M to help publishers engage with readers

Spot.IM announced today that it has raised $25 million in Series D funding. We’ve written about the company’s commenting platform before, but CEO Nadav Shoval said it’s now building a broader “community platform.” That platform goes beyond commenting and moderation to also include community pages and other ways to highlight and monetize user generated content. […]

Apple Q2: iPads up, iPhones down

Today’s big story for Apple revenue was once again focused on services. That’s likely to be the tale for the foreseeable future, as the company continues to pump billions into products offerings like Apple TV+. As predicted, hardware was more of a mixed bag for the company. The iPad, a bright spot in an otherwise […]

Apple’s stock jumps 5 percent after beating expectations

Apple released earnings for its fiscal second quarter today, reporting revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent. International sales accounted for 61 percent of the quarter’s revenue. The market apparently approves. Apple’s shares have jumped $10 apiece since […]

Oculus announces a VR subscription service for enterprises

Oculus is getting serious about monetizing VR for enterprise. The company has previously sold specific business versions of the headsets, but now they’re adding a pricey annual device management subscription. Oculus Go for business starts at $599 (64 GB) and the enterprise Oculus Quest starts at $999 (128 GB). These fees include the first year […]