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Startups Scrape Your Financial Data for Good. (No, Really!)
Two personal finance apps, SaveUp and Mogl, offer rewards as a byproduct. Their CEOs describe them as “a bit of gummy on the financial vitamin” and “Toms shoes for food,” respectively.
News Byte
Knewton Raises $51M for Personalized Learning
Education technology startup Knewton, which makes tools that adapt to each student’s learning style, has raised $51 million led by Atomico, along with GSV Capital and existing investors Accel Partners, Bessemer Venture Partners, First Round Capital, FirstMark Capital and Founders Fund. This doubles the New York-based company’s funding and is meant to help it expand around the globe with schools and academic publishers.People Are More Freaked Out by Hacking Than Tracking, Survey Finds
Of course, the computer industry is well served by seeing one the fears of its main business models pale in comparison to the threat of evil hackers.
A Tale of Two Cities? A Q&A With Gavin Newsom on San Francisco’s History of “Animus” With Tech.
“Hats off, I want to compliment them, they did more than what I was able to do, but my God, it’s inadequate to the moment and the future that we’re living in.”
Pact Raises $1.5M to Help People Hit Health Goals by Putting Money on the Line
Negative incentives work.
San Francisco Gets Fast, Free Public Wi-Fi on Market Street
San Francisco will (finally) offer free Internet access along the Market Street corridor, from the Embarcadero to the Castro.
“Hour of Code” Calls on Students to Program Computers, With Support From Obama (And the Republicans, Too!)
As Obama puts it: “Don’t just buy a new video game, make one. Don’t just download the latest app, help design it. Don’t just play on your phone, program.”
News Byte
Pinterest Loses Head of Engineering Jon Jenkins
Jon Jenkins, the head of engineering that Pinterest hired from Amazon a little over a year ago, has left the company, as TechCrunch noted based on a Quora explanation he posted. Jenkins said he wanted to do his own startup. Said Pinterest, “We’d like to thank JJ for his contribution to Pinterest and wish him all the best on his next project. We feel fortunate to have leaders within engineering who are ready to step up and run the organization while we recruit for a permanent head of engineering.”Filling Out Its Executive Team, Airbnb Hires Operations and HR Heads
Airbnb has hired Varsha Rao as head of global operations, and Mark Levy as head of employee experience.
Uber Confirms Revenue Estimates, but Bristles Over Source of Valleywag Report
The ride-hailing app Uber currently has gross revenue of more than $20 million per week.