Mobile Minutes: Pinterest, Uber, Facebook, text-to-911 service
By Staff reports
May 19, 2014
Pinterest raises more money, fetching a valuation of $5 billion
The business of online scrapbooking is getting more valuable at least in the eyes of investors. Pinterest said on Thursday that it has raised $200 million in a new round of fund-raising, at a valuation of $5 billion. At that level, the social network has joined the upper echelons of the start-up hierarchy.
Please click here to read more on NY Times
Uber said to be in funding talks for more than $10B value
The San Francisco-based startup, which makes a mobile application for car-service booking, is in talks to raise new financing in a round that may value it at more than $10 billion, according to people with knowledge of the situation. That would almost triple the companys value from $3.5 billion last year when it garnered $258 million.
Please click here to read more on Bloomberg
Facebook adds naggy ask button to profile pages
Up until recently, Facebook’s mission to accumulate personal information for the sake of targeted advertising has operated in a mostly robotic manner. When users load their own personal pages, the social network has directly, politely asked them to add interests and likes in certain categories, and if any personal history portions are left blank, Facebook points those categories out while making automatic, historical guesses about things like jobs and education.
Please click here to read more on Ars Technica
Wireless carriers offer text-to-911 service (but is anybody listening?)
The nations four largest wireless carriers have put in place the technology to allow customers to send text messages requesting help in emergencies.
Please click here to read more on Re/Code