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Social Media Network Nextdoor Eyes IPO

PYMNTS

a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public, Bloomberg News reported. Nextdoor Inc. ,

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Pinterest Pays $89.5M To Cancel New Office Lease As Employees Work At Home

PYMNTS

Pinterest is canceling its upcoming lease to move into a San Francisco office that it doesn't need because its workers will be working from home, a report Monday (Aug. The plan was for the social media tech giant to lease a near-490,000 square-foot office at 88 Bluxome, in San Francisco's SoMa neighborhood.

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Social Calendar App IRL Lands $16M In Series B Funding Round

PYMNTS

IRL , or In Real Life, the social calendar startup created to help users meet over shared experiences, announced a $16 million Series B funding round on Tuesday (Sept. The San Francisco-based company said the infusion of new cash will be used to reinvent its web product and expand the platform overseas. .

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Federal Judge Green-Lights Facebook Privacy Lawsuit

PYMNTS

District Judge Vince Chhabria in San Francisco said users could proceed with trying to prove that the social media giant allowed app developers and business partners to harvest their personal data without their consent on a “widespread” basis. While some claims were dismissed, U.S.

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12 Startups Showed Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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Is $1,000 Enough To Leave Facebook for a Year? (And Does it Even Matter?)

PYMNTS

You can be sure that one area of regression involves social media. New research, in fact, supports that idea — specifically, the high value that consumers attach to Facebook , and the high cost it would take to make them leave the social media platform. But that doesn’t mean consumers plan to leave Facebook anytime soon.

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Facebook Tests Wearable ‘Brain-Reading’ Device

PYMNTS

The social media giant announced the program in 2017. “We The company has been working to make the technology a reality through a partnership between Facebook Reality Labs, a division that studies long-term tech products and hardware, and researchers from the University of California , San Francisco, according to CNBC.