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Yesterday Facebook made a change to its newsfeed algorithm, promoting high quality content and deprecating [fancy word for de-emphasizing] low quality content and meme photos. What will this mean for the new generation of content sites who have fed entirely off of social sharing?

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MapR Technologies announced the appointment of Dan Atler as Chief Financial Officer. Atler brings over 20 years of executive leadership experience in public markets, mergers and acquisitions, and multinational operations, including managing three companies through successful IPOs.

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The cyber-currency was at the center of a Senate panel hearing Monday. Senators are looking into the way Bitcoin was used by the illegal drug marketplace that called itself Silk Road. But even with the scrutiny, Bitcoin investors drove the virtual currency to record highs.

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Chinese Bitcoin exchange, BTC China – the world’s largest by trading volume according to Bitcoinity.org – has closed a $5 million Series A from institutional investors Lightspeed China Partners and Lightspeed Venture Partners. BTC China was bootstrapped prior to this round, with money put in by its three co-founders, Bobby Lee, Linke Yang, and Xiaoyu Huang.

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New approaches to security and customer interaction technology dominate BTN editors' picks for this year's Top 10 FinTech Companies to Watch.

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Honest has succeeded in leveraging four of the key trends of this ecommerce 2.0 era: brand-first, celebrity, subscriptions, and brick-and-mortar distribution. From the minute it launched, Honest, through its branding, made it clear this was a company that consumers were meant to trust. I don’t know what Lee paid for the domain Honest.com or how the trademarks were still available, but whatever the cost it was money well spent.

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In April 2012, venture capital firm Lightspeed Venture Partners invested $485,000 in a startup called Snapchat. Snapchat allows users to send each other self-destructing photos. According to reports, the investment gave Snapchat a $12.5 million valuation. Today, Snapchat is worth $800 million. According to the Pew Research Center, 9% of all American cellphone owners use the app.

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When people — particularly investors — think of successful local marketplace businesses, they think of Yelp, OpenTable, maybe GrubHub, and Task Rabbit (to give our portfolio a little plug). What few realize, however, is that even the most successful of these businesses require time and patience to realize their full potential.

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Nutanix is transforming the datacenter as we know it and is empowering its customers to handle virtualized environments, Big Data and ever-growing mobile workforces. Traditional datacenter architectures employ discrete tiers of compute (servers) and storage, which are connected by a dedicated network—typically a storage-area network (SAN).

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DataStax, the company that powers the online applications that transform business, today announced that Silicon Valley veteran Dennis Wolf will join the company as chief financial officer, where he will oversee all of the company's financial and operational functions. Wolf arrives at a time when privately held DataStax is experiencing more than 150 percent growth year-over-year, rapid international expansion, and a continuing momentum of enterprises migrating from relational database management systems (RDBMS) such as Oracle to DataStax's Apache Cassandra(TM) -- based NoSQL solution.

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