Tech Writer, dog-lover, foodie, quirky, wife, mom, married to @suneel.

Reid Hoffman, venture capitalist, talks bitcoin, unicorns, and valuations

fortune.com — If there was a godfather of social networking, Reid Hoffman's name would be near the top of the list. Hoffman co-founded professional social network LinkedIn and was an early investor in Facebook when it was only worth $5 million. It's not surprising that he's looking for ways to add social networking to the venture capital world.

PayPal acquires money transfer firm Xoom for $890 million

fortune.com — PayPal has acquired money transfer company Xoom for $890 million to expand its digital payments business in prelude to splitting from parent, eBay. Xoom, founded in 2001, lets people send money, pay bills and reload mobile phones from the United States to 37 countries.

Greylock wants techies to schmooze more in person, not just online

fortune.com — When Silicon Valley entrepreneur and investor Reid Hoffman was building professional networking site LinkedIn, he often sought help from business friends like Max Levchin, a co-founder of online payments giant PayPal. Having a core group of experienced people he could turn to during crucial moments of building and running a technology company was key to his and LinkedIn's success.

7-Eleven hires Postmates for on-demand delivery

fortune.com — You'll soon be able to have a Slurpee delivered to your door. Convenience store chain 7-Eleven has partnered with delivery startup Postmates so that customers can order snacks, sodas, and toothbrushes online and have them dropped off at their homes, Fortune has learned.

Lending Club, OnDeck shares have plummet in the months after hot IPOs

fortune.com — Alternative online lending marketplaces Lending Club and On Deck Capital are taking a beating on Wall Street this summer, with both companies' shares plummeting below the opening prices of their respective initial public offerings. Lending Club , which debutedon the New York Stock Exchange in December, has seen its stock fall 50% from a high of $29 per share shortly after the company went public.

Square takes on payroll giants ADP and Intuit with new service

fortune.com — As payments company Square evolves into a modern day bank for small and medium-sized businesses, the company is debuting the next financial service: payroll. In the past year, Square has focused on creating a new revenue stream, launching a number of paid features for merchants using its point of sale Register app, including invoicing, cash advances, appointment scheduling, marketing features, and analytics.

Online caregiver HomeHero raises money from former Washington Post owner

fortune.com — The first time Kyle Hill saw his father cry was after he discovered that the caregivers for Hill's 95-year old grandmother, who lived alone in Seattle, had been stealing from her and had been mistreating her. Hill's father, a professor in Ohio, was forced to take a leave of absence from work to come to the rescue and hire a new caregiver.

How Andy Jassy helped Amazon own the cloud

fortune.com — Major League baseball uses Amazon's cloud to send real-time updates of player statistics to fans in all 30 of its stadiums. Regulator FINRA uses it to store and analyze more than 30 billion stock market transactions a day. Netflix relies on it to stream billions of hours of video every month to 50 million customers in 60 countries.

Instacart starts sharing opt-in, customer data with grocery stores

fortune.com — Grocery delivery service Instacart recently premiered a new feature asking users to share their personal data and shopping histories with retailers. One of the darlings of the on-demand economy, Instacart lets customers order groceries online from stores like Whole Foods, Safeway, PetCo, and Costco.

ZestFinance and JD.com bring credit scores to China

fortune.com — Credit scores are a routine metric for rating credit worthiness in the United States. But there is no comparable assessment in China, despite its status as one of the world's biggest economies. ZestFinance, a US company that blends machine-learning with big data analysis to create more accurate credit scores, is hoping to change to change that.
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Jul 02, 2015

"The world owes you nothing; nobody deserves more or less than the next person." an amazing read: medium.com/matter/everyth… via @pmarca

Jul 02, 2015

WOW: Xiaomi Sold 34.7M Smartphones In First Half Of 2015, Up 33% Year-On-Year techcrunch.com/2015/07/01/xia… by @jonrussell

Jul 01, 2015

PayPal acquires money transfer firm Xoom for $890 million fortune.com/2015/07/01/pay…

Jun 29, 2015

RT @danprimack: Uber spox: Prospectus referred to in Bberg piece was not distributed by Uber fortune.com/2015/06/29/rep…

Jun 29, 2015

My latest @fortunemagazine piece--> How Andy Jassy helped Amazon own the cloud fortune.com/2015/06/28/and…

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