Morning Tech Crawl: Are emojis worth $100 million?

Posted March 25th, 2016

Happy Good Friday, Austin!

I've scoured the interwebs to find the latest tech news and gossip. Read on and you will feel 75 percent more equipped to tackle Friday.

Emojis = $100 million

Bitstrips, a company that makes personalized emojis, will be purchased by Snapchat in a deal valued at $100 million in cash and stocks, according to Fortune. Previously, Bitstrips had raised about $11 million in venture funding.

Apple developing reality TV show

The Hollywood Reporter says Apple is exploring developing an unscripted show (i.e. reality TV) to "highlight the stories of how Apple apps are developed." Apple wants to go into TV show development, following in the footsteps of Netflix and Amazon. But there is much snark over how Apple's first foray into this business is a show about ... Apple.

Netflix admits to slow speed for some customers

The Washington Post and others are reporting that Netflix admitted yesterday that for some customers using AT&T and Verizon, they slow down the streaming speed so as not to go over data caps. (Hat tip to Wall Street Journal for being the first to report this yesterday.)

Troubles at Nest?

If you love gossipy tech news as much as I do, you'll dig this story reported by The Information about troubles at Nest, the smart thermostat company that was bought by Google in 2014. It's worth paying to read the full report on The Information, but Re/code also has a free summary of the Nest troubles.


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