WhatsApp, the insanely popular instant messaging service used by 190 million monthly active users, is about to get a splash of Facebook blue. The social media giant announced it is acquiring the cross-platform messaging service for $16 billion—more specifically, $12 billion in stock and $4 billion in cash, per the SEC filing. Facebook says the agreement also “provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.”
"Plants are just another object we take for granted. We think of them as a thing that sits in the corner that we water once a week. But really, they can be so much more than that. They can be a remote. They can be a musical instrument. They can be anything interactive that takes you away from plastic and glass and into the whole world that’s touchable around you.
Watch: Two Fast Company interns hacked houseplants to make them play music when they’re touched.
"Plants became more than just a plant. They became actual objects that we have an incentive to water."
- Council of Fashion Designers of America—For giving the fashion industry a conscience.
- Refinery29—For publishing fashion coverage that everyone wants to read.
- Editd—For using big data to analyze the whims of fashion trends.
- Farfetch—For creating a one-stop shop for browsing high-end boutiques around the globe.
- H&M—For branching out of the crowded chic-for-cheap space.
This liquid solution makes all gloves touchscreen friendly. Kickstarter loves this stuff. Would you use it?
"There really are two kinds of food entrepreneurs," says venture capitalist Paul Matteucci, who encourages and connects food-tech upstarts through his not-for-profit, Feeding 10 Billion. “There are the ones that hang around Berkeley or Brooklyn, and build businesses mostly for the end consumer. Then there is a whole different group of highly technical people who are building robotics for the field, sensor-based technology, automated watering systems, new food-packaging technologies, and big-data-related inventory control to reduce waste.” These, he says, are “the people who are going to solve the big problems.”
A raft of entrepreneurs and venture capitalists made their money in tech, and now want to do something with an even longer-lasting impact. Meet the Silicon Valley companies trying to fix our broken food system
"Every year the editors of Fast Company pick 50 of the world’s Most Innovative Companies. We pick them not just for financial reasons, these aren’t just good businesses, but because we think they’re changing the way we live.”
"DeepMind raises the possibility of allowing robots to self-train by observing humans or other robots and possibly do the job even better."
Gamers and developers are scrambling to fill the void left by Flappy Bird…
- Q: How did you get to be the face of the Venmo campaign?
- A: Mostly luck; I was just in the right place at the right time. Iqram, one of our cofounders, spotted me making coffee for myself in the morning after an uninspiring meeting with an ad agency and had one of those moments of clarity. Apparently “Lucas uses Venmo” has a good cadence.
Q: Do you regret your facial hair choice?
A: I didn’t have a choice. We shot the ads during Movember.
The photos are in from this week’s San Francisco party celebrating the Most Creative People in Business 1000! We had a blast. Wanna learn more about these people (you should), check out the full list.
This “super slippery” coating will amaze you.
Also, it could eliminate roughly one million tons of food waste every year. We’re chatting live with the team of MIT scientists behind the stuff. Join us now.