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Report: Uber Artificially Pushes Pricing In San Diego

socalTECH

Is Uber manipulating the market for its UberX car service? According to a report Wednesday from TheVerge, Uber has been keeping drivers off the road in San Diego--to force "surge" pricing on the ride service. uber smartphone service mobile ride diego pricing manipulation controversey' READ MORE>>.

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Smart Thermostats Popular With Younger Generations, Says Report

socalTECH

A new report, from J.D. power said that its study focused on 10 factors, including ease of use; ease of install/setup; reliability; energy efficiency; price paid; effectiveness of heating/cooling; internet connectivity; usefulness of app; variety of features; and customer service. According to J.D.

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Reports: Tidal, Apple In Acquisition Talks

socalTECH

A report from the WSJ late Thursday said that Apple Computer is in discussions with music service Tidal --founded by Jay-Z--to acquire the company. No pricing details on the potential deal--which the Journal said "may not result in a deal"--were released. READ MORE>>.

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Snap's Price Tag For Zenly: $213.3M

socalTECH

in total consideration representing compensation for future employment services. Earlier reports had placed the acquisition of Zenly at between $250M to $350M. Snap said it paid $196.1M in purchase consideration, including $186.8M in cash paid to sellers, $9.3M in liabilities due to sellers, and $17.2M READ MORE>>.

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Evite Names New CTO, VP Marketing

socalTECH

Los Angeles-based online invitations service Evite said this morning that it has appointed two new executives, adding Thanh Khuu as Chief Technology Officer and Karen Graham as Vice President of Marketing and Brand. Both report directly to Evite CEO Victor Cho.

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Squarespace raises $300M at a staggering $10B valuation

TechCrunch LA

Rowe Price Associates, Inc. The online website creation and hosting service — which has now expanded into e-commerce by hosting online stores — then raised another $40 million round in 2014. Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation.

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Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet. Price = Value. How Much For A Rib?

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