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How Thor Fridriksson’s ‘Trivia Royale’ earned 2.5M downloads in 3 weeks

In its first few weeks of release, the latest game from QuizUp founder Thor Fridriksson took the top spot in the Games Section of Apple’s App Store and was the top app (for a brief time) in the App Store at large. Since its launch on June 17, Trivia Royale has been downloaded more than 2.5 million times, with day-one retention of 45% and week-one retention...

LA-based Replicated adds former GitLab head of product as its chief product officer

Replicated, the Los Angeles-based company pitching monitoring and management services for Kubernetes-based applications, has managed to bring on the former head of product of the $2.75 billion-valued programming giant, GitLab, as its new chief product officer.  Mark Pundsack is joining the company as it moves to scale its business. At GitLab Pundsack...

HBO Max is making a Gotham City police series with the director of ‘The Batman’

HBO Max, the WarnerMedia-owned streaming service that launched in May, announced today that it has made a series commitment to an untitled TV show tied to the movie “The Batman” (currently scheduled for release in 2021). The show will be set in the Gotham City police department, with a creative team that includes Matt Reeves, the movie’s co-writer...

Tech at Work: DE&I at Facebook, Prop 22 and gig worker earnings

Hey, ya’ll. I’m experimenting with a bi-weekly roundup that looks at the state of labor in tech. We’ll use this space to explore topics related to diversity, equity and inclusion, the future of work, issues relating to pay equality, notable personnel changes and much more. This week, we’re looking at Facebook’s civil rights audit, a new gig worker...

A recapitalization reckoning

If you’re an angel who invested in a startup that was meant to go public in 2014, you might be getting a little bit impatient. High-risk, high-reward investing has lost its shine in this environment: the stock market is a mess these days, and you want your cash back. Enter recapitalization events, where startups restructure their entire cap table to...

Rackspace preps IPO after going private in 2016 for $4.3B

After going private in 2016 after accepting a $32 per share, or $4.3 billion, price from Apollo Global Management, Rackspace is looking once again to the public markets. First going public in 2008, Rackspace is taking second aim at a public offering around 12 years after its initial debut. The company describes its business as a “multicloud technology...

Operator Collective brings diversity and inclusion to enterprise investing

When Mallun Yen started Operator Collective last year, she wanted to build an investment firm for people who didn’t have a voice in Silicon Valley. That meant connecting women and people of color with operators who have been intimately involved in building companies from the ground up, then providing early-stage investment. She then brought in Leyla...

Fringe pitches a monthly stipend for app purchases and subscriptions as the newest employee benefit

Fringe is a new company pitching employers on a service offering lifestyle benefits for their employees in addition to, or instead of, more traditional benefits packages. “We didn’t think it made sense that employees need to be sick, disabled, dead or 65+ to benefit from their benefits,” wrote Fringe chief executive Jordan Peace, in an email. The...

nCino sharply raises its IPO price range, boosting possible valuation to $2.6B

As expected, fintech company nCino has raised its IPO price range. The North Carolina-based banking software firm now expects to sell its shares for between $28 and $29 per share, far more than its initial price range of $22 to $24 per share. At its $28 to $29 per-share price interval, nCino is worth $2.50 billion to $2.59 billion, sharply more than...

Societal upheaval during the COVID-19 pandemic underscores need for new AI data regulations

Bradford K. Newman Contributor Mr. Newman is the chair of Baker McKenzie’s North America Trade Secrets Practice. The views and opinions expressed here are his own. More posts by this contributor Society needs the Artificial Intelligence Data Protection Act now Artificial Intelligence Poses A Greater...

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