Enterprise

On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a major round of its own. Bima, a European startup that builds and sells “microinsurance” services for low-income consumers in Africa, Asia and Latin America, has raised
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Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents
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Getting the myriad of devices involved in the industrial internet of things provisioned and communicating with one another in a secure way will be one of the great technological challenges facing companies in the coming years. Xage (prounounced Zage) emerged from stealth today with a blockchain-based security solution that could help simplify this. The company also
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Instana, a company that helps enterprises monitor and manage their microservice deployments with the help of automation and artificial intelligence, today announced that it has raised a $20 million Series B round led by Accel, with participation from existing investor Target Partners. This brings Instana’s total funding to $26 million to date. Launched in 2015,
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Microsoft introduced the Azure Bot Framework more than two years ago and companies have been building chatbots for a variety of scenarios ever since. Today, the company made generally available the Microsoft Azure Bot Service and Microsoft Cognitive Language Understanding service (known as LUIS). “Making these two services generally available on Azure simultaneously extends the capabilities
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Got too much internet traffic? Get servers on demand from Amazon Web Services. Got too many pallets of physical goods? Well now you can get on-demand warehousing from Flowspace. The startup aims to become the next critical logistics service by making atoms as easy to store and ship as bits. “We want to introduce flexibility
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Amazon is soon to announce Alexa for Business, and WeWork is one of the first partners to have hopped on the platform. WeWork’s vision is to use technology to help businesses make the most out of their physical space, all while customizing that space to each individual’s personal needs. The co-working giant has been on
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The interface is evolving. What has long been dominated by screens of all shapes and sizes is now being encroached upon by the voice. And while many companies are building voice interfaces — Apple with Siri, Google with Assistant, and Microsoft with Cortana — none are quite as dominant as Amazon has been with Alexa.
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At the re:Invent customer conference in Las Vegas today, AWS announced two new instance types designed for specific kinds of applications. The first is a generalized EC2 instance designed for developers who are trying to get a feel for the kinds of resources their application might require. These new M5 EC2 instances offer a set of
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Amazon’s AWS cloud computing division is launching a number of new programs for its partner ecosystem today. These include a new networking competency program for companies that focus on advanced networking features, as well as the new AWS Machine Learning Partner Solutions program that highlights partners that have demonstrated expertise in (can you guess it?)
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