10 Things You Need To Know This Morning

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Good morning. Here’s the overnight news:

  • Google is considering outbidding Facebook for $1 billion social navigation app, Waze.
  • Ride-sharing company Lyft has raised $60 million in a round led by Andreessen Horowitz. It’s giving people 30,000 rides per week.
  • Pandora’s first quarter earnings were reported yesterday. It beat Wall Street expectations and revenue grew to $128.5 million.
  • Yahoo acquired another startup yesterday, cross-gaming platform PlayerScale. PlayerScale has 150 million users.
  • Tremor Video has filed to go public. It generated more than $105 million in 2012.
  • Here’s who really created the origins of Tumblr, Tumblelogs.
  • Yahoo’s Design Chief, Tim Parsey, is leaving. 
  • Android’s marketshare is a joke.
  • Khosla Ventures hires Ben Ling, who personally invested in startups such as Square and Palantir. He was also COO of Badoo.
  • Check out 14 people who were Tumbler’s earliest employees and got to build a hyper-growth startup from scratch.

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