• Trending on the Ticker

  • UberX adds $1 'Safe Rides Fee'; the extra fee supports the co's costs for background checks, safety monitoring, education, insurance & safety features; @Uber is also bringing back the 20% commission it takes from UberX trips starting April 23; UberX prev only took 5% commission in several cities - Link
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  • @Facebook rolling out opt-in 'Nearby Friends' feature; avail for iOS & Android in the coming wks; will be a tab inside @Facebook's main app; users can also schedule periods for when they'd like to share their location w/ specific users - Link
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  • @Dropbox acquires mobile photo storage startup @TeamLoom (raised $1.4M from @GoogleVentures, Great Oaks, Tencent, Overbrook, Damon Way, YC); existing customers can use the service until May 16; Loom users can switch to Carousel & will receive an equivalent allotment of data from @Dropbox; graduated from YC's W12 class - Link
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  • Grocery delivery startup @Instacart fielding term sheets for a major round of funding, sources say; round could be led by a non-VC investor @ a $400M valuation, acc to @techcrunch; operates in SF, Boston, Chicago & NYC; raised $10.8M to date from YC, Canaan, Khosla, @Sequoia_Capital - Link
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  • @Dropbox acquires real-time collaborative doc editor startup @Hackpad; graduated from YC's W12 batch; terms undiscl; plans cost $2/user/mo; Dropbox acquired 4 startups in the past 3 mo's (Loom, Hackpad, Zulip, Readmill) - Link
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