Mobile
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September 16, 2016
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Did some really fun research yesterday on the most funded VR/AR startups. Here are the top 9 ->
MagicLeap $1.4B
Razer $125M
NextVR $115M
OTOY $101M
Jaunt $100M
MindMaze $100M
Oculus $94M
Meta $73M
zSpace$56M
Hope to see you next week at my fireside chat on VR http://bit.ly/2c3WArO (First 35 comp tickets use code - 500startupsfriends)
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How mobile commerce really works
 Americans are now doing almost 33% of their online shopping on mobile devices. But what happens when you click “buy” isn’t as simple as it seems. A lot has to happen at lightning speed, with ironclad security, for mobile commerce to work. Check out this infographic, which lays out the entire process, by clicking here.
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Want to support diversity in tech?
 Throughout September, Betabrand will donate $5 from every Dress Pant Yoga Pants purchase to the Techstars Foundation, a nonprofit working to improve diversity in technology entrepreneurship.
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Techcrunch
Credit card info people already have stored in Facebook or Messenger can be used to instantly make purchases in bots that are part of the new closed beta the developers can apply for. 34,000 devs have joined the platform and built 30,000 bots in the April launch.
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9to5mac
In addition to the sticker packs, the iMessage App Store features full-fledged iMessage apps and games.
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ABC
"Virtual reality sort of encloses and immerses the person into an experience that can be really cool, but probably has a lower commercial interest over time," Cook said. "Less people will be interested in that."
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Business Insider
Mobile app install advertisers have traditionally invested heavily in display and interstitial ads, but are moving to mobile video and native install formats. 86% of developers currently use in-feed video app-install ads, and video ads are seen as the most effective app-install format.
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Reuters
Samsung received 92 reports of batteries overheating in the United States, including 26 reports of burns and 55 cases of property damage. :(
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Investopedia
Snapchat is also a growing threat in other age segments. Its penetration in the Age 25-34 category reached 41% in June 2016, according to comScore. A story on technology website Wired in June said Snapchat is on the verge of its “mom moment” or that it is slowly growing more mainstream.
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Fortune
Apple is very lucky. Samsung Galaxy Note 7 recall + free Apple iPhone 7 trade-in by all carriers have changed battlefield.
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