Month: January 2018

The U.S. Department of Justice and the Securities and Exchange Commission are jointly investigating Apple’s communications about the software update that slowed down older models of the iPhone, Bloomberg is reporting. Citing sources familiar with the matter, the government has reportedly requested details on the company’s communications about the software update. The Bloomberg report indicates
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Is there such a thing as bad publicity? It’s an interesting and contested question. To wit: Self styled ‘digital contraception’ app, Natural Cycles — which relies on a set of proprietary algorithms and women inputting their morning body temperature to predict fertility levels each day — has claimed that negative headlines generated after a clinic reported
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As Pinterest increasingly tries to sell itself as a startup specialized in computer vision that it plugs into visual discovery, it’s continuing to pick up additional pieces to help continue to build that out. Today, the company said it is hiring former Google computer vision research lead Chuck Rosenberg, who was at Google for 14
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Heptio holds a special place in the Kubernetes startup ecosystem. Its co-founders, Craig McLuckie and Joe Beda, are, after all, also two of the co-founders of the Kubernetes project (together with Brendan Burns), which launched inside of Google. Heptio also raised $8.5 million when it launched in 2016 (and another $25 million last year), but it
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The SoftBank Vision Fund has struck again. This time, it’s investing $300 million in on-demand walking and dog care startup Wag. Wag has also brought on Hilary Schneider, formerly of identity theft protection company LifeLock, to serve as the company’s new chief executive officer. Last year, Wag was reportedly in talks with a handful of investors,
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With Event Grid, Microsoft introduced a new Azure service last year that it hopes will become the glue that holds together modern event-driven and distributed applications. Starting today, Event Grid is generally available, with all the SLAs and other premises this entails. Using Event Grid, developers can easily connect virtually any service to another, no
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Hyperledger, the open source blockchain project from the Linux Foundation, released Hyperledger Sawtooth 1.0, its latest open source digital ledger project. Sawtooth joins its sister project, Hyperledger Fabric which reached 1.0 in July last year. Among the features in this latest open source distributed ledger product is on-chain governance, which lets members adjust the rules
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Montreal-based travel booking platform Busbud has closed an $11M Series B round led by iNovia Capital. New investors backing the company include Teralys, Claridge and Plaza Ventures. Existing investor Real Ventures also participated in the round. As its name suggests, Busbud’s platform is focused on intercity bus and coach travel. But it’s also inked partnerships with some
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SAP, the German enterprise software giant, announced it acquired CallidusCloud last night for $2.4 billion or $36 per share. Callidus provides configure price quote (CPQ) and sales performance management tools delivered as a cloud service. The share price is a nice bump for shareholders, representing a 21 percent premium over the 30-day volume weighted average
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American Express announced today that it has acquired Mezi, the AI-based virtual travel assistant, for an undisclosed amount. After the deal closes, Mezi will become a wholly-owned subsidiary of American Express. Its technology is already powering AskAmex, a personal concierge app for cardholders that launched its pilot program last year. Mezi users send requests for flights,
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French startup Spendesk just raised $9.9 million (€8 million) from Index Ventures with Michael Benabou, Laurent Asscher and Showpad cofounders Louis Jonckheere and Pieterjan Bouten also participating. Spendesk is a service that combines prepaid cards with an expense report solution. After signing up, each employee receives a personal card. Companies can top up their global
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The Mavic Air is a minor engineering marvel. The first time you set up DJI’s new drone it’s like trying to solve a puzzle box. You flip, you twist, you unfold. The metal joysticks are safely nestled inside the flip-out arms of the controller, the landing gear safely nestled in the propeller arms. Not a
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Facebook’s latest step in its on-going effort to fix its embattled news delivery offering involves prioritizing local sources. The social media giant announced today in a blog post that, along with efforts to elevate content from friends and outlets designated as “high quality,” the site will be working to push local news offerings to the
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In the latest chapter of GAFAM’s continuing bid to conquer online gaming, Microsoft has acquired PlayFab, which helps game developers launch their titles online more quickly with simplified back-end services. The startup will be integrated into Microsoft’s Azure gaming group. The Seattle-based startup had raised around $13 million in funding from investors. Terms of the deal weren’t disclosed.
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