Street Fight Daily: Uber Seeks $10B Valuation, NextDoor CEO Charged With Felony
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology
Uber Said to Be in Funding Talks for More Than $10B Value (Bloomberg)
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 company’s value from $3.5 billion last year when it garnered $258 million.
For Small Businesses, A Reprieve After Decades of Retreat (Street Fight)
Steven Jacobs: Earlier this week, the National Federation of Independent Business announced that its small business confidence index rose 1.8 points to 95.2 in April, the highest reading since October 2007. With small business week coming to a close, small businesses are certainly better off today than they were a decade ago.
Nextdoor CEO Nirav Tolia Faces Hit-and-Run Charges in San Francisco (Mashable)
Nextdoor CEO Nirav Tolia, whose company provides a social network platform for neighborhoods, is facing felony hit-and-run charges after allegedly causing an accident last August that resulted in injuries for another driver. The civil charges were filed Tuesday in California Superior Court and seek damages for “past and future wage loss, and hospital and medical expenses.”
Foursquare’s Swarm And The Rise Of The Invisible App (TechCrunch)
Foursquare has released its new check-in app, Swarm, which chisels off the check-in and proximity features of the main app and places them in a sparse, focus-driven new home. But the underlying mechanics of Swarm are what’s really interesting here — and more importantly what it says about the next generation of apps you’ll be using on your smartphone.
Conduit Diversifies Away From ‘Download Valley’ (Wall Street Journal)
Conduit, one of Israel’s largest Internet companies, long associated with traffic-referral tactics like changing users’ browser settings and installing toolbars, Como, an automated, native-mobile-app-creation platform, that the company said was used by more than 600,000 publishers.
Google Ventures-Backed Startup Develops Mobile Games to Ease Urban Congestion (Recode)
Urban Engines has created an online and mobile game that resembles Snakes and Ladders, a virtual version of an Indian board game on which Chutes and Ladders was modeled. Commuters can earn points for shifting their travel to off-peak hours, which in turn can add up to real dollars and prizes.
Google Glass Hits The Road With Foursquare, TripIt and OpenTable (CNet)
Anyone can buy Google Glass right now. And if you do, What are you going to use it for? Travel, perhaps: the latest Glassware updates focus on going out and doing things all around you. FourSquare, TripIt and OpenTable all have Glassware apps now, as of this morning.
A Pack Of Ex-Amazon Employees Want To Make Your Next Home Improvement Project A Breeze (BusinessInsider)
Former Digg CEO, Andreessen Horowitz entrepreneur in residence, and long-time Amazon employee Matt Williams put together an ex-Amazon dream-team to take the pain out of home projects. His startup, Pro.com, just raised $3.5 million to give people easy-access to price estimates and scheduling information for professionals.
LBMA Podcast: YP’s Mobile Labs and Second Canvas (Street Fight)
This Week in Location Based Marketing is a weekly video podcast from the Location Based Marketing Association. Top stories of the week include Digby and Phunware, Amazon & Twitter, Uber & Google Maps, RoadID, PareUp & excess food, Selfridge’s Fragrance Lab, Rivada’s nascent mesh network, & Nivea’s SUN ads.