Business

Presented by JAMF:   View in browser   Presented By JAMF   Pro Rata By Dan Primack · Jun 29, 2018     Top of the Morning Source: Giphy "Hpyergrowth" is taking on new meaning in venture capital, as popular startups have begun raising new funding while the ink on their prior funding is barely dry, at significantly increased valuations. For example: Bird yesterday confirmed that it raised $300 million. As we previously reported, the second $150 million tranche doubled the company's valuation to $2 billion in just a few weeks, and only a few months after raising money at a $300 million valuation. Rival Lime is also doing a rocket raise . Lyft raised $600 million at a $15.1 billion after having raised strategic funding at a $11.7 billion valuation in March. Hims doubled its valuation to over $400 million from a round ann...

Five people were killed when a gunman opened fire in the newsroom of the Capital Gazette in Annapolis, Md. , one of the oldest newspapers in the country. Two others were "gravely injured." The episode prompted police departments in some cities to send increased security to their area media organizations. The suspect, arrested at the scene, had a long-running grudge with the newspaper, including lawsuits. Threats against journalists have been on the rise in recent years. [ Sabrina Tavernise, Maya Salam and Daniel Victor / The New York Times ] Twitter is replacing its product head again — again. Kayvon Beykpour, the former CEO of Twitter's live-streaming service Periscope and its current GM of video, is taking over as Twitter's top consumer product boss as part of an executive shuffle. Beykpour is the sixth executive to run Twitter product since early 2014. On Twitter, CE...