Consumer packaged goods conglomerate Unilever announced late Tuesday evening that it signed an agreement to acquire Dollar Shave Club (DSC), the Venice, CA-based men’s grooming brand. Neither Unilever or Dollar Shave Club has disclosed the financial terms, but Fortune confirmed from multiple sources that it
Facebook Messenger just reached one billion monthly active users (MAU). The milestone puts Messenger on equal footing with WhatsApp, the instant messaging service that Facebook acquired at a cost of $19 billion in 2014. Since January this year, Facebook Messenger has seen rapid growth, adding
Leading solar loan provider Mosaic has taken an equity stake in Wave Solar, a creator of martech software for solar providers. Wave Solar will be using the funds to build a cost-effective platform for solar company clients to expand their businesses more efficiently, thereby fueling
After several complaints and at least one lawsuit resulting from hosts refusing to accept guests because of race or gender, Airbnb announced today that it had hired former Attorney General Eric Holder to help the company reform its anti-discrimination policy. The company had already announced
Today, with some trepidation, we are introducing our newest editorial feature, The Daily Douchebag. We feel strongly that those with unchecked arrogance, or people who are just plain mean, should be called out as the jerks they are.
Slack, the popular office chat and collaboration platform, announced today that it has invested a total of $1.97 million in 14 startups that integrate apps into Slack’s messaging service. The investments came from the Slack Fund, an $80-million venture pool Slack founded last December. Slack
LivePerson, Inc. (Nasdaq: LPSN), a technology provider of brand-to-consumer communications, announced this week that it is partnering with GoDaddy to bring its conversational chat capabilities to GoDaddy’s 14 million-plus clients. The chat capability is available via LiveEngage, LivePerson’s platform for mobile and web messaging. LiveEngage
Worth noting: Nintendo's market cap has doubled to $42 billion since the launch of Pokémon Go. Meanwhile, according to Bloomberg, Verizon is among the top bidders for Yahoo's core business.
Jesse Hull, co-founder and CTO of Dashbot, sees the current excitement about bots just another iPhone moment. According to his partner and co-founder Arte Merritt, Hull has joked about how his two-year-old can effortlessly talk with Amazon Echo’s Alexa -- an adoption curve that has
Native advertising, once an elusive marketing concept and now a quintessential tool for brands and publishers, has grown rapidly in the last three to five years. From sponsored stories that sit on the sidebars of a publisher’s site to long-form, homepage-worthy productions like the famous