Read Write Web

This Spring, Mets Play for the Love of the (Trivia) Game

ENLARGE PORT ST. LUCIE, Fla.—Baseball clubhouses don’t often foster an environment conducive to the pursuit of worldly knowledge. Only 55% of players who appeared in a major-league game last season attended college, and few of those stuck around campus long enough to earn a degree. It’s not that ballplayers are unintelligent. Many of them have […]

Supercell’s Earnings Double

HELSINKI—The video game company Supercell Oy saw its revenue triple and its earnings double in 2014, as deft marketing and constant product upgrades enabled it to take maximum advantage of its small portfolio of top-grossing mobile games. The privately-held Finnish company, known for its hit titles “Clash of Clans”, “Hay Day” and “Boom Beach”, said […]

Zulily Nips Business Model in the Bud

Plagued by long shipping times, Web retailer Zulily Inc. is trying something new: Stocking inventory before selling it. That may sound like an obvious approach, but it isn’t the one Seattle-based Zulily took as it grew rapidly from an e-commerce startup five years ago into a public company with more than $1 billion in annual […]

Google Hires Morgan Stanley’s CFO

Morgan Stanley’s chief financial officer, Ruth Porat, will leave the Wall Street firm for the same role at technology giant Google Inc. Jonathan Pruzan, a 46-year-old investment banker who co-led the team that advises banks and other financial-services companies, will succeed Ms. Porat, 57, as Morgan Stanley’s finance chief, James Gorman, chairman and chief executive, […]

Square Will Take Cut of Cash Transfers to Businesses

By Greg Bensinger CONNECT The Square Cash app Square Inc. Payments startup Square on Monday introduced a tweak to its cash-transfer app allowing it to profit when businesses use the service. The update requires businesses to pay Square 1.5% of any funds they receive using the company’s “Cash” app, or similar online service. Square Cash […]

When Cybersecurity Meets Geopolitics

By Danny Yadron CONNECT FireEye Chief Executive David DeWalt says all major powers have “somewhat national-born security companies.” Achille Bigliardi Before American computer-security company FireEye releases a report on new hacker activity, it sometimes gives the U.S. government an advance copy. Dutch competitor Fox-IT trains the Netherlands’ cyberwarriors. Moscow-based Kaspersky Lab helps Russian authorities investigate […]

EBay Names 2 New Directors

EBay Inc. on Monday appointed two new independent directors to its board as the Internet marketplace gears up for the spinoff of its PayPal payment unit later this year. In a news release Monday, eBay said it added GoPro Inc. President Tony Bates and American Red Cross Chief Executive Gail McGovern to its board. Shares […]

Uber Inks Marketing Deal With India’s Times Internet

NEW DELHI—Uber Technologies Inc. signed a marketing agreement with a major Indian media conglomerate, Bennett Coleman Co.–publisher of the Times of India newspaper—to “support Uber’s expansion in India,” according to a blog posted Sunday on Uber’s website. The agreement comes as Uber, a service that lets people hail cars by using a smartphone app, tries […]

A New Dawn for ‘Hardware Renaissance’

Recently, as I gazed into the prototype of a smart breast pump, I had a vision of the future. I saw an age in which new products—actual, physical electronics products—will go from idea to store shelves in a matter of months. A future in which warehouses and distribution centers cease to exist, because factories produce […]

GoDaddy Sets IPO Terms

ENLARGE GoDaddy Inc., known for its splashy ads, is crafting a new pitch: an initial public offering. The web-hosting and small-business services company has set a price range for its IPO that could see it raise as much as $418 million and give it a market value as high as $2.9 billion. Over the course […]

GoDaddy Sets IPO Terms

ENLARGE GoDaddy Inc., known for its splashy ads, is crafting a new pitch: an initial public offering. The web-hosting and small-business services company has set a price range for its IPO that could see it raise as much as $418 million and give it a market value as high as $2.9 billion. Over the course […]

Music Education Should Be a Click Away

ENLARGE Most children learn nothing about serious music in school and don’t expect to learn anything. Outside school, the music world is being upended and shaken vigorously. The ways we choose music and listen to it are being transformed by iTunes and Spotify and other such sites. For most young people, music is a minor […]

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