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LayerVault, a startup that built an app to provide version control to designers, is closing down on April 11, 2015. The company posted a message on its site today saying that it’s taking the entire service offline and users have until then to export their files. Unfortunately LayerVault was out of money as it failed to become financially sustainable and was unable to raise additional capital. Designer News, the popular community that the company ran on the side, will continue to operate. It’s sad news for users of the service, however those who have subscription plans will be charged only a…
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Alibaba may be looking to get a piece of Snapchat. According to Bloomberg, the online shopping behemoth is pinning Snapchat at a $15 billion valuation to prepare for an investment. Alibaba is China’s largest e-commerce company, and it’s second worldwide only to Amazon. The report suggests Alibaba would invest $200 million in the ephemeral messaging company. Snapchat was purportedly working on a $500 million funding round last month. According to Bloomberg, Alibaba’s investment is separate from that round. Snapchat has recently been adding numerous features as it looks to expand beyond simple temporary picture messages. Most notably, a new Discover features allows…
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Back in January, we reported that Jay Z was looking to buy Swedish music streaming company Aspiro, which owns Tidal and WiMP, for $56 million. But then last week, those motions were apparently blocked by Aspiro’s minority shareholders who hold 10 percent of the company. Things are now back in order. Today was the deadline for the offer, and it was accepted according to Swedish publication E24. It’s not clear if changes were made to the deal to appease the minority shareholders. We don’t yet know what the rapper intends to do with the streaming services, but at least Jay’s back to just 99…
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Late last year, The Guardian posted a series of articles about Whisper, an anonymous app that allowed users to share messages anonymously. Today, it’s posted a lengthy retraction of portions of a later story and has even taken down some of its reporting. The original scoop said that despite Whisper’s claims of not tracking its users, the company knew their precise location and was even sharing it with some authorities in the US. The Guardian said in its retraction some claims were not accurate, for example: “We reported that IP addresses can only provide an approximate indication of a person’s whereabouts, not usually…
This story continues at The Next Web