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July 31, 2016 |
Happy Sunday, dear readers. No, you’re not hallucinating—this is an extra edition of Data Sheet. Starting today, we’ll be publishing a Sunday edition. In keeping with our weekend tradition, it will have a theme: startups. Yes, startups—those fledgling companies building or using technology to create new products, services, or even categories. Startups continue to fascinate us with their ability to turn an idea into an industry. Startups can mint millionaires overnight and topple incumbents just as quickly. They can captivate an entire generation with a simple social app. Fortune has traditionally focused on covering the world’s largest companies because of their outsized impact on industry. But readers of this newsletter know that today’s startups are tomorrow’s Fortune 500 companies. Throughout the week we’ll continue to bring you the latest news about Apple, Google, and the rest of the mega caps—not to mention the mega unicorns. But on Sundays, we will use this newsletter to showcase genuine up-and-comers whose products could be the next big thing. After all, even Apple (No. 3 on the Fortune 500) was once just a few guys tinkering with computers in a garage. We hope you like this new Startup Sunday edition of Data Sheet. Your feedback, comments, and suggestions are welcome—just use my contact information below. Have a great day. Kia Kokalitcheva This is the Startup Sunday edition of Data Sheet, Fortune's daily tech newsletter, edited by reporter Kia Kokalitcheva. You may reach me via Twitter, email, or an entirely new platform that your startup developed. Feedback welcome. |
Everyone's Talking About |
Pokemon Go. Seriously, people can't stop talking about this Niantic-developed game even though it's been out for almost a month. This week, the CEOs of Apple, Facebook, and Google mentioned the game during their respective companies' quarterly earnings calls. Apple also confirmed that the game broke the record for the most downloads for an app in the first week of its release. (Fortune, Variety) |
Unicorn Watch |
China finally legalizes Uber and Didi. After operating in a regulatory gray zone, ride-hailing rivals Uber and Didi Chuxing, the local heavyweight, are now officially recognized by China's government. (Fortune) Pinterest steals away one of Snapchat's advertising gurus. The service, best known as a place to collect photos of cakes and dream homes, has hired ad measurement expert Gunnard Johnson. (Fortune) Airbnb wants Democrats to get on board with the "sharing economy." The home-sharing company, along with Uber, presented favorable survey data about millennials at this week's Democratic National Convention in Philadelphia. (Fortune) |
The Week In Startups |
Why Troubled Startup Zenefits Was Just Fined by Tennessee Regulators (Fortune) How Uber Took Over The Democratic National Convention (Fortune) Activities Booking App Peek Raises More Cash, Inks a Deal With Yelp (Fortune) Uber Hired CIA-Linked Research Firm to Investigate Seattle Union Politics (The Verge) This Hyperloop Startup Now Has a Factory Near Las Vegas (Fortune) This Startup From Apple Veterans Thinks It Can Do Better Than Dropbox (Fortune) Uber Co-Founder Launches New Real Estate Venture For Expa Called Haus (TechCrunch) Sprig Pauses Food Delivery Service in Chicago, Lays Off Seven People (TechCrunch) This Photo Editing Startup Is Profitable and Making Millions in Revenue (Fortune) Gett CEO Claims His Ride-Share Company Is Beating Uber in Europe (TechCrunch) |
Words of Wisdom |
"You will feel incompetent, because honestly you probably are incompetent. The founders that don't know this about themselves won't grow." —Maran Nelson, Clara Labs co-founder and CEO, on being a first-time founder. (Fortune) |
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