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Andreessen Backs Lyft Ride Sharing With $60M Investment

Lyft, which offers ride sharing in San Francisco, Los Angeles, Seattle and Chicago, helps arrange more than 30,000 rides per week.

Photograph by Jeff Chiu/AP Photo

Lyft, which offers ride sharing in San Francisco, Los Angeles, Seattle and Chicago, helps arrange more than 30,000 rides per week.

Lyft Inc., a service for connecting drivers to ride-seekers via smartphone software, has raised $60 million from venture firms led by Andreessen Horowitz LLC as it seeks to almost double its staff and take on rivals. Lyft, which competes with Side.Cr LLC and...

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An example of Tableau's chart-making ability, a Web Traffic Trends Dashboard.

Courtesy Tableau Software

An example of Tableau's chart-making ability, a Web Traffic Trends Dashboard.

Chart This: NEA’s Investment Return on Tableau — 3,000%

For New Enterprise Associates, its investment return on Tableau Software was — fittingly — off the charts. NEA’s $29.2 million stake in the digital chart provider, which made its stock market debut today, was valued at more than $925 million...

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Nicole Carty, 23, speaks during a meeting for participants of Zuccotti Park's Occupy Wall Street encampment in New York.

Photograph by Bebeto Matthews/AP Photo

Nicole Carty, 23, speaks during a meeting for participants of Zuccotti Park's Occupy Wall Street encampment in New York.

Campaign to Buy Los Angeles Times Hopes to Crowdfund $660 Million

Want to buy the Los Angeles Times, Chicago Tribune, Baltimore Sun and six other daily newspapers? No, I don’t mean at the newsstand. The Other 98%, a nonprofit organization, has setup a crowdfunding campaign to buy Tribune Co.’s newspaper business....

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Elon Musk, chief executive officer of Space Exploration Technologies (SpaceX) and Tesla Motors.

Photograph by Ramin Talaie/Bloomberg

Elon Musk, chief executive officer of Space Exploration Technologies (SpaceX) and Tesla Motors.

Elon Musk on Tesla Merger Prospects: Apple Has ‘a Lot of Cash’

(Updates Tesla’s year-to-date stock price change in lead and Musk’s estimated net worth in 10th paragraph.) Tesla Motors is on a pretty good run this year with the stock up 105 percent and a first-ever quarterly profit posted yesterday. That’s...

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Keith Rabois during TechCrunch Disrupt New York May 2011 in New York City.

Photograph by Joe Corrigan/Getty Images for AOL

Keith Rabois during TechCrunch Disrupt New York May 2011 in New York City.

Former Square COO Rabois Targets Health Care in First Venture Bet

Keith Rabois successfully took on the finance and recruiting industries as an early executive at PayPal, LinkedIn and Square. A newly minted venture capitalist, Rabois’s next target is the similarly entrenched world of health care. After an alleged improper relationship,...

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Dwolla plans to keep its headquarters in Iowa, a state known more for its pork than for tech startups.

Photograph by Steve Pope/Bloomberg

Dwolla plans to keep its headquarters in Iowa, a state known more for its pork than for tech startups.

Silicon Prairie’s Dwolla Strikes Out West to Find $16.5 Million

In 2010, Ben Milne made a journey across the Silicon Prairie for his first taste from the big tech trough. Then a twenty-something founder of a two-person startup in Iowa, Milne arrived in San Francisco with no business connections but a burning...

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Twitter's IPO has been a source of speculation, but co-founder Dorsey says it's not on Twitter executives' minds.

Photograph by Frank May/dpa/Corbis

Twitter's IPO has been a source of speculation, but co-founder Dorsey says it's not on Twitter executives' minds.

Twitter Co-Founder Dorsey ‘Not Even Thinking’ About IPO

Twitter’s initial public offering could be the biggest for a consumer web company since Facebook. But executives have so far declined to say when it might happen, and co-founder Jack Dorsey said the company is “not even thinking about it”...

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Nate Silver, Founder & President of fivethirtyeight.com, speaks onstage at the 2013 SXSW Music, Film + Interactive Festival in Austin.

Photograph by Amy E. Price/Getty Images for SXSW

Nate Silver, Founder & President of fivethirtyeight.com, speaks onstage at the 2013 SXSW Music, Film + Interactive Festival in Austin.

Nate Silver Doesn’t Like Twitter Data

Nate Silver’s credibility may be at an all-time high. After accurately predicting how all 50 states (and the District of Columbia) would tilt in November’s presidential election, Silver’s FiveThirtyEight blog correctly picked Louisville to win the NCAA men’s basketball tournament...

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Leap Motion's computer accessory allows users to control a computer by waving their fingers and hands.

Photograph by David Paul Morris/Bloomberg

Leap Motion's computer accessory allows users to control a computer by waving their fingers and hands.

HP Hopes Leap Motion’s Hand-Gesture Controls Help Revive the PC

Personal-computer sales have fallen through the floor as people spend more time on mobile devices. The world’s largest PC maker is trying to lure some buyers back with an unusual new way to control their machines. Hewlett-Packard is partnering with...

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