Concord is raising a new $25 million funding round led by Tenaya Capital, with existing investors CRV and Alven also participating. The company is building a platform that makes it easier to manage your contracts all the way from writing them to signing them. Even if you used a service like DocuSign to sign a
Month: October 2018
Volkswagen Group wants to reinvent itself in the age of connected and electric vehicles. And it starts with Volkswagen’s Moia, a brand new mobility brand with services and vehicles built for the cities of tomorrow. That’s why I’m excited to announce that Moia CEO Ole Harms is joining us at TechCrunch Disrupt Berlin. Volkswagen has
Uber is back in court in the UK today and tomorrow to try once again to overturn a two year old employment tribunal ruling that judged a group of Uber drivers to be workers — meaning they’re entitled to workers benefits such as holiday pay, paid rest breaks and the national minimum wage. Uber lost its first
Earlier this year omni:us, an AI-driven service which is able to process digital documents (some of which contain handwriting) by classifying them and extracting the valuable data, revealed it was working with over half of the top 10 insurance providers in the German-speaking DACH region. It’s now closured a Series A round of funding bringing
One of the longest-standing crypto exchanges has new owners after Europe-based Bitstamp was sold to South Korea’s Nexon, marking the gaming firm’s second such acquisition. The acquirer is NXMH, a Belgium-based PE and investment firm owned by NXC — the parent of Nexon — and it will take a majority 80 percent stake in the business for
Apple is holding a keynote today at the Brooklyn Academy of Music’s Howard Gilman Opera House, and the company is expected to unveil a brand new iPad Pro as well as updated Mac computers. The event starts at 10 AM in New York (7 AM in San Francisco, 2 PM in London, 3 PM in
Former TokBox head Ian Small is replacing Chris O’Neill as CEO of Evernote, the note-taking and productivity app company said this morning. In a blog post, Small said that the leadership change was announced to employees this morning by Evernote’s board. “We are all hugely appreciative of the energy and dedication Chris has shown over
Social e-commerce startup Goxip raised $5 million in January, and now the Hong Kong-based business has brought in more cash with a strategic $1.4 million investment from financial services company Convoy. Existing backers including Chinese photo app company Meitu also took part. Convoy offers a range of services that include asset management, insurance and other
Google and a group of game cetologists have undertaken an AI-based investigation of years of undersea recordings, hoping to create a machine learning model that can spot humpback whale calls. It’s part of the company’s new “AI for social good” program that’s rather obviously positioned to counter the narrative that AI is mostly used for
iHeartMedia announced today that its streaming radio app iHeartRadio is coming to Mexico. In fact, a beta version of the app is already live, with plans for an official launch on November 3. As part of this launch, the company is partnering with Mexican broadcaster Grupo ACIR, which owns the Amor, Mix and La Comadre
Observant has found a new way to use the fancy infrared depth sensors included on the iPhone X, XS and XR: analyzing people’s facial expression in order to understand how they’re responding to a product or a piece of content. Observant was part of the winter batch of startups at accelerator Y Combinator, but was
Mytaxi, the Daimler-owned Uber competitor, announced today it would launch an electric scooter pilot in Southern Europe later this year, with a full international roll-out planned for 2019. Daimler initially took a 15 percent stake in Hamburg-based mytaxi in 2012, adding the company to its portfolio of ridesharing businesses that also includes Chauffeur Privé, Careem, Flinc, car2go and
The new iPhones have some great new photography features, but the XR lacks a couple, for instance portrait mode for non-people subjects, owing to its sadly having only the one camera. So last year! Fortunately third-party camera app Halide is here to help you get that professional-looking bokeh in your doggo shots. There’s more to
Airware desperately sought cash for 18 months before running out of money and shutting down last month, leaving about 120 employees without jobs after the startup had burned $118 million in funding. Bandaid strategic investments from construction company Caterpillar and others kept Airware alive as it looked for a $15 million round, according to a
As you look at the $34 billion IBM-Red Hat deal announced yesterday, if you follow the enterprise closely, it seems like a good move, at least on its face. It could be years before we understand the true value of it for IBM (or lack thereof, depending on how it ultimately goes). The questions stands
[embedded content] If you’ve ever wanted to own your own open source cat, this cute Indiegogo project might be for you. The project, based on something called the Open Cat, is a laser cut cat that walks and “learns” and can even connect to a Raspberry Pi. Out of the box a complex motion controller
This year marks an interesting turning point for OnePlus. In December, it will hit the five year mark. The Oppo-backed company has managed to grow significantly in that relatively short window. Back in June, it noted that it had sold one million units of its latest smartphone in the first 22 days. Continued growth will
After announcing earlier this year that it planned to shut down HipChat and Stride and sell the IP of both to Slack, today enterprise software company Atlassian made another move related to its retreat from enterprise chat. It is selling Jitsi, a popular open-source chat and videoconferencing tool, to 8X8, a provider of cloud-based business
Who expects a $34 billion deal involving two enterprise powerhouses to drop on a Sunday afternoon, but IBM and Red Hat surprised us yesterday when they pulled the trigger on a historically large deal. IBM has been a poster child for a company moving through a painful transformation. As Box CEO (and IBM business partner) Aaron
Fresh from a strategic investment from Microsoft, Southeast Asia’s ride-hailing leader Grab is back in the money again after it closed $200 million in fresh capital from Booking Holdings, the travel firm formerly known as Priceline. The investment is part of an ongoing round of funding that Grab said is on course to reach $3
Today at the Firebase Summit in Prague, Google announced a number of updates to its Firebase app development platform designed to help it shift from an environment for individuals or small teams into a full-blown enterprise development tool. Google acquired Firebase 4 years ago to help developers connect to key cloud tools like a database
Last month, Instagram co-founders CEO Kevin Systrom and CTO Mike Krieger announced that they would be leaving Instagram and Facebook. All eyes are now on Instagram to figure out what’s going to happen to the photo and video app. That’s why I’m excited to announce that Instagram Product Director Robby Stein is joining us at
With its latest $34 billion acquisition of Red Hat, IBM may have found something more elementary than “Watson” to save its flagging business. Though the acquisition of Red Hat is by no means a guaranteed victory for the Armonk, N.Y.-based computing company that has had more downs than ups over the five years, it seems
At a price typically reserved for semiconductor companies, telecoms, and pharmaceutical giants, IBM announced today it would pay a record $34 billion in cash and debt to acquire enterprise open source provider Red Hat. Eclipsing Microsoft’s $26.2 billion acquisition of LinkedIn, this is the biggest software acquisition in history. It’s not the biggest tech acquisition
Facebook founder Mark Zuckerberg’s visage loomed large over the European parliament this week, both literally and figuratively, as global privacy regulators gathered in Brussels to interrogate the human impacts of technologies that derive their power and persuasiveness from our data. The eponymous social network has been at the center of a privacy storm this year. And
Snapchat needs a sugar daddy. Its cash reserves dwindling from giant quarterly losses. Poor morale from a battered share price and cost-cutting measures sap momentum. And intense competition from Facebook is preventing rapid growth. With just $1.4 billion in assets remaining at the end of a brutal Q3 2018 and analysts estimating it will lose $1.5
From humble beginnings as a simple Facebook group I posted in September 2015, Techfugees has come a long way. It was conceived as a vehicle to enthuse technologists about the plight of refugees by waking them up to the idea that their innovation, startup mentality and design-led thinking could potentially bring new, scalable new solutions
At least two Twitter accounts linked to the man suspected of sending explosive devices to more than a dozen prominent Democrats were suspended on Friday afternoon. Facebook moved fairly quickly to suspend Sayoc’s account on the platform, though two Twitter accounts that appeared to belong to Sayoc remained online and accessible until around 2:30 p.m.
To keep up with the rising demand for short-term rentals in U.S. cities and compete with the home-sharing giant Airbnb, travel booking site Expedia has picked up a pair of venture-backed hospitality startups, Pillow and ApartmentJet. Employees of both companies will join Expedia . The company declined to disclose the financial terms of the deals. “Acquiring
The Pentagon’s $10 billion JEDI cloud contract bidding process has drawn a lot of attention. Earlier this month, Google withdrew, claiming ethical considerations. Amazon’s Jeff Bezos responded in an interview at Wired25 that he thinks that it’s a mistake for big tech companies to turn their back on the U.S. military. Microsoft president Brad Smith agrees.
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