Messaging app maker Snapchat, Inc. may have finally turned the business around to the point it’s making decent money, at least according to one report Monday. Re/Code quotes multiple sources familiar with the company’s plans as saying they are targeting between $300 million and $350 million in revenue in 2016, up from $50 million in ...

Trendy blogging platform provider Medium (A Medium Corporation) looks set to finally adopt a business model and bring in much need revenue, after its founder said in an interview they were looking at monetization. Founder and Chief Executive Officer Evan Williams told the BBC in an interview “we’re building monetization into the product right now,” before ...

Christopher “Moot” Poole, the founder of infamous image board 4chan, has popped up at one of the most unlikely places, and that place is Google. Poole said in a blog post he was excited to announce he’d joined Google, before waxing lyrical about how wonderful the company is: When meeting with current and former Googlers, I ...

Live streaming app provider Meerkat, Inc. is soon to be a live streaming provider no longer with the startup having decided to become a video sharing social network instead. The news was disclosed in a note to investors (first discovered by Re/Code but since published by Chief Executive Officer Ben Rubin) where Rubin explained that ...

Email inventor Ray Tomlinson has passed into the eternal computer network in the sky, after a suspected heart attack at the age of 74. An American computer programmer, Tomlinson implemented the first email system on ARPANET, the first network to implement the protocol suite TCP/IP and the primary precursor to the internet; although the concept ...

Streaming music service Spotify AB has introduced a new music recommendation service that taps into social media to find new music. Called “Fresh Finds,” the six new playlists deliver two hours of new music each week based on an analysis of music blogs, news sites, and the songs being listened to by “tastemakers” on Spotify ...

Mac users are immune to being held ransom no longer with news at the weekend that the first ransomware has been discovered in software designed for Apple, Inc.’s OS X operating system. Dubbed “KeRanger” by Palo Alto Networks, Inc., the security firm that discovered it, the ransomware was distributed with open-source BitTorrent client Transmission and ...

A pastor who accepted bribes from the founders of disgraced Bitcoin exchange Coin.mx to allow them to take over his credit union has been indicted by Federal officials. Trevon Gross, the pastor and former chairman of the Helping Other People Excel Federal Credit Union of Jackson, New Jersey, was charged with receiving payments to let operators ...

Privately held media services agency Horizon Media, Inc. has released the results of a survey of consumer interest in virtual reality devices, and despite the massive hype around the market, the results were extremely sobering. The headline figure from the survey, which polled 3,000 people reflective of the United States population, found that a full ...

IBM has announced the launch of the first app to run on its Watson Health Cloud. Created in association with the American Sleep Apnea Association (ASAA) the “SleepHealth” app, available for the iPhone and Apple Watch, identifies connections between sleep habits and health outcomes as part of a study by the same name that is attempting to ...