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Monday, August 11, 2014

10 Things In Tech You Need To Know This Morning, August 11

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August 11, 2014

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Good morning! It's warm and sunny today in New York. Let's look at the news:

  1. Viral content site BuzzFeed raised $50 million at an $865 million valuation from venture firm Andreessen Horowitz. BuzzFeed is reportedly profitable, doing triple digit millions of revenue, and says sales are doubling year-over-year.
  2. Apple has something called Apple University where employees can take classes on how to communicate at Apple, what makes Apple Apple, and other topics.
  3. Microsoft struggles to generate revenue in China because people there pirate copies of its software.
  4. New York senator Chuck Schumer is warning people that Fitbit and other fitness monitoring wearables are privacy nightmares.
  5. We talked to the mastermind behind the Kim Kardashian game.
  6. Amazon continues its war with Hachette, emailing authors and telling them to email Hachette's CEO.
  7. Speaking of Amazon... it seems like it's now in a fight with Disney.
  8. Here's the story of how Twitch built a $1 billion site for watching people stream video games.
  9. Here's an anonymous story of what it's like to be a woman trying to raise venture money. (It's not good! Sexism abounds.)
  10. Common technology myths that you should stop believing.
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