Nintendo says farewell to the NES Classic. It's The Daily Crunch.

Friday, April 14, 2017 Posted by bloggerdaddy
THE DAILY CRUNCH
FRIDAY, APRIL 14 2017 By Anthony Ha

Nintendo has a counter-intuitive response to success, Yext goes public and Slack gives you more places to use the poop emoji. That and more in The Daily Crunch for April 14, 2017.

Also, Darrell Etherington is off hunting rabbits, or however they celebrate Easter in Canada.

1. Farewell, NES Classic Edition

Nintendo had a surprise hit last year when it released the NES Classic Edition. To any nostalgic adult, the packaging of 30 beloved Nintendo games in a $60 console seemed like an obvious recipe for success, but the Classic Edition's popularity seems to have taken the company by surprise, and perhaps distracted from the launch of its new console, the Switch.

Whatever the reason, Nintendo announced that it's sunsetting the product, although the company's language left the door open for another release in the future: ""Throughout April, [Nintendo of America] territories will receive the last shipments of Nintendo Entertainment System: NES Classic Edition systems for this year." So if you don't have one yet, get ready to pay big bucks.

2. Yext finishes the day up 21% as IPO window remains wide open

Yext, the company that helps businesses power their location data, went public on the New York Stock Exchange this week, and it seems to have gone well: After pricing shares above the expected range at $11, the price rose to $13.29 by the end of the first day of trading. Yext CEO Howard Lerman told us he wants Yext to be a "knowledge engine," helping customers find the best doctor, their ideal automobile or an event to attend.

3. Facebook runs full page newspaper ads against fake news in France ahead of the election

With the French presidential election coming soon, it looks like Facebook wants to avoid another fake news scandal. The company is preemptively running full page ads in major French newspapers, giving 10 tips to spot fake news on the Internet.

4. The CIA is really, really mad at WikiLeaks

CIA Director Mike Pompeo is pretty mad about that whole Vault 7 hacking tools data dump, it seems. Speaking at the Center for Strategic and International Studies, Pompeo went off on WikiLeaks, declaring "WikiLeaks walks like a hostile intelligence service and talks like a hostile intelligence service."

5. SpotHero acquires Parking Panda

SpotHero is an app that allows you, a driver in search of a space, to reserve and prepay for a spot in a parking garage before you even leave the house. Parking Panda came at the problem from the other direction by focusing on B2B services and event parking. Seems like a good match.

6. Custom status messages are coming to Slack

Slack is adding its own flavor of status updates and away messages. Users can hover over an emoji next to a name to get an idea of what an employee is up to — such as getting their teeth drilled at a dentist or out at a retreat.

7. Purple, a Utah mattress startup you've probably never heard of, is on a path to unicorndom

Purple, a totally bootstrapped mattress startup, is using toxin-free, patented technology for a pressureless night's sleep. The company started in the wheelchair business, but the founders decided three years ago to capitalize on the mattress startup trend by using wheelchair cushioning technology to make their own bedding.

So listen, getting the day's headlines is great, but sometimes you want you just want to learn about the biggest startup launches, fundings and other news from the past week. Lucky for you, we have a weekly startups newsletter curated for that very purpose, and it's curated by yours truly. Just follow the link below and check the "TC Startups" checkbox to subscribe.

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