Archive — Page 5
Browse historical coverage in reverse chronological order.
Judge Dismisses New Mexico Lawsuit Against Google Over Children’s Data Privacy
A federal court dismissed a New Mexico lawsuit alleging that Alphabet Inc.’s GOOG 0.30% Google knowingly spied on students and their families through its suite of cloud-based products for schools. U.S. District Judge Nancy D. Freudenthal…
With a Warby Parker playbook, SISU raises funding from Greycroft to face-off against cosmetic clinics – StockSharksNewsh
With so many people getting ‘botox’ and ‘filler’ treatments to their faces these days (or are they, during the pandemic?), it’s probably no wonder that Venture Capital has decided to look at the space. In the same way that the small and…
Amazon’s Alexa Boss on What Users Are Asking During Covid-19
When Toni Reid, Amazon. AMZN -0.35% com Inc.’s vice president of Alexa experience and Echo devices, sent hundreds of staffers home in early March to work remotely, she had her husband buy a standing desk for their house the next day. “I…
Kuwait’s Emir, a Giant of Arab Diplomacy, Dies at 91
Kuwaiti ruler Sheikh Sabah al-Ahmad al-Jaber al-Sabah, a veteran diplomat who positioned the small Arab Gulf state as a regional peacemaker and forged a U.S. alliance that deepened after the country was invaded by Iraq in 1990, has died.…
Apple temporarily reverses decision to take fees for Facebook events
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook on Friday said Apple temporarily reversed its decision to take a 30% cut of…
Polaris and Zero Motorcycles reach deal to bring electric off roaders to market – StockSharksNewsh
Polaris is a name synonymous with powersports — just head to any of the hundreds of snowmobile trails in Wisconsin, Minnesota or other sufficiently wintry place for evidence. Now, it’s teaming up with Zero Motorcycles, Santa Cruz-based…
Women Founders of AI Startups Take Aim at Gender Bias
When Rana el Kaliouby was pitching investors in 2009 on her artificial-intelligence startup, Affectiva, she and her co-founder tried to steer clear of what she calls the “e-word”—emotion. They were both women, and though their startup was…
Google offers Europe more checks Fitbit data won’t be used for ads – StockSharksNewsh
Google has offered a second round of concessions to try to persuade European regulators to clear its acquisition of wearables maker Fitbit . The deal has been stalled by concerns over its impact on consumer privacy and competition in the…
‘Roadschooling’ 101: Families Make Remote Learning Work in an RV
Patricia Winters and her family decided to take advantage of her husband’s remote work arrangement, so they bought a camper. In June, they left their Annapolis, Md., home for a trip out West, with plans to be back in time for school. “At…
iRobot cofounder Helen Greiner named CEO of robotic gardening startup, Tertill – StockSharksNewsh
Boston-based robotic gardening startup Tertill this morning announced that it has appointed Helen Greiner as CEO and Chairman. The executive is best known for cofounding iRobot in 1990 along with fellow MIT Artificial Intelligence Lab…
Microsoft Thinks You’ve Been Missing Your Commute in Lockdown
Microsoft Corp. is developing an update to its Teams package of workplace collaboration tools to replace one of the less-mourned losses of pandemic living: the commute to and from work. The daily commute may have caused its share of…
58 Biggest Movers From Yesterday
Gainers Piedmont Lithium Limited (NYSE: PLL) shares jumped 236.4% to close at $37.00 on Monday after the company announced it signed a sales agreement with Tesla. Oxbridge Re Holdings Limited (NASDAQ: OXBR) shares climbed 175.7% to close…
Ransomware Attack Hits Universal Health Services
Computer systems at Universal Health Services Inc., one of the nation’s largest hospital chains, were taken offline after a malicious software attack crippled the company’s computers and led it to cancel some surgeries and divert some…
Huboo, the ‘full stack’ fulfilment provider, picks up £14M Series A – StockSharksNewsh
Huboo, the U.K.-headquartered startup that offers an end-to-end fulfilment service for online retailers of all sizes, has raised £14 million in Series A funding. The round is led by Stride.VC, with participation from Hearst Ventures.…
Japan’s NTT to Take Full Control of Mobile Unit in $40 Billion Deal
TOKYO—Japan’s biggest telecommunications company, Nippon Telegraph and Telephone Corp., said it would spend $40 billion to buy the portion of its mobile unit that it doesn’t already own, taking full control of its principal cash cow. NTT…
Russian surveillance tech startup NtechLab nets $13M from sovereign wealth funds – StockSharksNewsh
NtechLab, a startup that helps analyze footage captured by Moscow’s 100,000 surveillance cameras, just closed an investment of more than 1RUB billion ($13 million) to further global expansion. The five-year-old company sells software that…
Microsoft Office 365, Azure Cloud Disrupted by Service Issues
Users trying to log into some Microsoft systems were unable to connect on Monday. Photo: Aleksander Kalka/NurPhoto/Zuma Press Sept. 28, 2020 9:54 pm ET Microsoft Corp. MSFT 0.78% on Monday suffered disruptions with its Office 365…
Paris Attack Puts Focus on Threat From Blasphemy Groups
A Pakistani immigrant suspected of stabbing two people outside the former offices of the Charlie Hebdo magazine in Paris followed a South Asian Islamic sect that in Pakistan has become increasingly emboldened, and on occasion sparked…
Investors Ramp Up Bets on Market Turmoil Around Election
Investors are betting on one of the most volatile U.S. election seasons on record, wagering on unusually large swings in everything from stocks to currencies as they brace for what could be a weekslong haul of unpredictable events. The…
Exotec raises $90 million for its warehouse robots – StockSharksNewsh
French startup Exotec has raised a $90 million Series C round led by 83North, with existing investors Iris Capital and Breega also participating. Other existing investors include 360 Capital. The company has been working on semi-automated…
TikTok Download Ban Is Blocked by Judge
A federal judge blocked the Trump administration’s attempt to ban TikTok downloads in the U.S., giving the Chinese-owned app a short-term victory as it scrambles to ensure its future while caught in a battle of brinkmanship between global…
Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants – StockSharksNewsh
A month after completing Y Combinator’s accelerator program, BukuWarung, an financial tech startup that serves small businesses in Indonesia, announced it has raised new funding from a roster of high-profile investors, including partners…
Target Corporation (NYSE:TGT), Amazon.com, Inc. (NASDAQ:AMZN) – Target’s Deal Days Goes Head-To-Head With Amazon Prime Days
Amazon.com (NASDAQ: AMZN) confirmed its dates for its annual Prime Days on Oct. 13-14. Target Corporation (NYSE: TGT) announced its Deal Days, which launched in 2019, will also be held on Oct. 13-14. Both events moved from July due to…
(PCRFY), SAMSUNG ELECT LTD(F) (SSNLF) – Tesla Supplier Panasonic Trails Samsung In Battery Patents, But Japan Tops Overall: Study
Japan is the world leader in battery innovations holding more than one-third of the total patents in this space, according to a joint study conducted by the European Patent Office and the International Energy Agency. What Happened: The…
Check Out This Mediterranean Style Gulf Coast Castle For $19.9M
Florida is known for its stunning cyan waters and white sandy beaches. Do you fancy owning a piece of paradise? Check out this Mediterranean-style casa. Naples is a city situated in southwest Florida on the Gulf of Mexico and this…
The highest valued company in Bessemer’s annual cloud report has defied convention by staying private – StockSharksNewsh
This year’s Bessemer Venture Partners’ annual Cloud 100 Benchmark report was published recently and my colleague Alex Wilhelm looked at some broad trends in the report, but digging into the data, I decided to concentrate on the Top 10…
Be featured in The Great TechCrunch Survey of European VC – StockSharksNewsh
TechCrunch is embarking on a major new project to survey the venture capital investors of Europe, and their cities. Our survey of VCs in Helsinki will capture how the city is faring, and what changes are being wrought amongst investors by…
European Commission to appeal decision that reversed Apple’s $15B State Aid tax bill in Ireland – StockSharksNewsh
It’s not over until it’s over for Apple and its ongoing tax headache in Europe. Today the European Commission announced that it plans to appeal the July 2020 ruling that overturned the original $15 billion fine that it leveled against…
Adobe Freshens Up Its PDF for Mobile
Adobe Inc. is bringing a new reading experience to its portable document format, or, as it’s commonly known, the PDF. A new set of features in Adobe’s Acrobat Reader app for mobile phones and compatible Chromebooks can adjust documents to…
Cambridge Analytica’s former boss gets 7-year ban on being a business director – StockSharksNewsh
The former CEO of Cambridge Analytica, the disgraced data company that worked for the 2016 Trump campaign and shut down in 2018 over a voter manipulation scandal involving masses of Facebook data — has been banned from running limited…
Google, Twitter and Facebook CEOs Threatened With Subpoena
WASHINGTON—Republicans on the Senate Commerce Committee on Thursday scheduled an Oct. 1 vote to subpoena testimony from the CEOs of Facebook Inc., FB 0.20% Twitter Inc. TWTR -4.83% and Alphabet Inc.’s GOOG 0.92% Google, in the latest GOP…
The eSIM maker powering Xiaomi’s IoT devices raises $15M – StockSharksNewsh
Connectivity is vital to a future managed and shaped by smart hardware, and Chinese startup Showmac Tech is proposing eSIMs as the infrastructure solution for seamless and stable communication between devices and the service providers…
What the Old Establishment Can Teach the New Tech Elite
It is unlikely that Mark Zuckerberg, Jeff Bezos and the other lords and ladies of Silicon Valley spend any time in English churchyards. But if they were to visit these delightfully melancholic places, the first things that they would…
Powerful Cardinal Resigns Amid Financial Scandal
ROME—An Italian cardinal whose former office has been embroiled in a financial scandal resigned suddenly Thursday from his Vatican post and renounced his rights as a cardinal, a surprise escalation of an affair that has overshadowed that…
Partial US TikTok ban is imminent – StockSharksNewsh
The Trump administration moves forwards with plans to ban TikTok and WeChat (although TikTok gets a partial extension), Unity goes public and we announce the winner of this year’s Startup Battlefield. This is your Daily Crunch for…
Trump Says Kuwait, Other Countries Ready to Join Middle East Deal
WASHINGTON—President Trump met briefly on Friday with the leader of Kuwait and afterward said the small Gulf Arab state would soon become the next country to normalize relations with Israel. Sheikh Nasser Sabah Al-Ahmad Al-Jaber Al-Sabah,…
Southeast Asia’s East Ventures on female VCs, foreign investment, consolidation – StockSharksNewsh
Melisa Irene‘s path to becoming a partner at one of Southeast Asia’s most esteemed venture capital firms is an unconventional one. “I always consider myself to be quite lucky,” said Irene, who was promoted to be a partner at East Ventures…
iOS 14 Review: Your iPhone Will Look Completely Different Now, if You Want
iPhone owners fall into two parties. There are the Keep Everything the Samers. You believe the iPhone shall not, and should not, change—not with software updates and certainly not with home-button removals. Then there are the Bring on the…
New Generation Presses Thailand’s Military and Monarchy to Step Away From Politics
Political turmoil isn’t new in Thailand, which has been rocked by coups and periods of unrest for decades. But a new generation of Thais has taken to the streets in recent months against a system they see as dictatorial and out-of-place…
Snowflake Prices IPO at $120 a Share
Silicon Valley darling Snowflake Inc. priced its initial public offering above its expected range on Tuesday, joining a frenzied IPO market as the biggest technology issue so far this year. The IPO priced at $120 a share, a person…
Infarm raises $170M in equity and debt to continue building its ‘vertical farming’ network – StockSharksNewsh
Infarm, the vertical farming company that has built a network of urban farms to grow fresh food closer to consumers, has raised $170 million in new investment in a “first close” of a Series C. Leading the round — which is expected to…
Snowflake’s Stock Price Soars in IPO
Snowflake Inc.’s shares skyrocketed on their first day of trading, giving the biggest tech IPO of the year a market value of $70.4 billion and feeding the recent bout of enthusiasm around initial public offerings. Shares of the…
Gillmor Gang: In The Bag
This may be counterintuitive. I hope so. I remember the day I first started using Twitter. My friend Gabe Rivera suggested it would be a good idea to sign on to the fledgling network. Basically it was a land grab — claim the real estate…
Sony to Launch Two PlayStation 5 Models This Fall
The race is on between the world’s largest videogame console makers, this time during a period of heightened demand for at-home entertainment through the coronavirus pandemic. Sony Corp. on Wednesday said two versions of the PlayStation 5…
The art of pivoting with Phaedra Ellis-Lamkins and Jessica Matthews – StockSharksNewsh
Building and growing a startup is hard, but pivoting said startup into something new and then achieving that same growth is even harder. But it’s not impossible. Phaedra Ellis-Lamkins, founder and CEO of PromisePay, and Jessica Matthews,…
Trump Administration Pushes for U.S. Control of TikTok
WASHINGTON—Trump administration officials are looking to give American investors a majority share of the company that will take over the Chinese-owned video sharing app TikTok, according to people familiar with the matter. That is leading…
Facebook unveils the Oculus Quest 2 – StockSharksNewsh
Facebook makes its next steps in VR, Apple releases iOS 14 and the PlayStation 5 gets a launch date. This is your Daily Crunch for September 16, 2020. The big story: Facebook unveils the Oculus Quest 2 Facebook announced the smaller, more…
Sony Corp Ord (NYSE:SNE), Gamestop Corporation (NYSE:GME) – Console Wars Heat Up With PlayStation 5 Price And Games Reveal
Sony Corporation (NYSE: SNE) shared a look at its upcoming PlayStation 5 console and games with a presentation Wednesday. Console Wars: Sony unveiled its PlayStation 5 will cost $499.99 and the PlayStation 5 Digital Edition will cost…
Drone Funding Highlights Sector’s Momentum
Venture investors are targeting drone startups as technological advancements and federal approvals enable growth in the sector. The latest example is Volansi Inc., which offers a drone delivery service to transport machine parts and other…
Yoshihide Suga Becomes Japanese Prime Minister as Abe Era Ends
TOKYO—Yoshihide Suga was elected Japan’s first new prime minister in almost eight years, ushering in a rare period of political uncertainty as the country seeks to emerge from the coronavirus pandemic, navigate rising U.S.-China tensions…
S&P 500’s stunning summer rally points to best August since 1986
It’s been a great August, up 6% for the S&P 500, the best August since 1986. But then again, it was a great July. And a great June. May was pretty good, too, and April was downright eye-popping. The Summer Rally (S&P 500 Monthly Returns)…
Belarus, Once a Startups Magnet, Faces a Tech Exodus
In recent years, cheap labor and political stability had made Belarus an unlikely magnet for startups from Silicon Valley and Europe, providing a rare bright spot in an economy still dominated by Soviet-era heavy industry and collective…
Unity raises IPO price range after JFrog, Snowflake target steep debut valuations – StockSharksNewsh
On the heels of two IPOs pricing above raised ranges, Unity boosted the value of its own impending debut this morning. The well-known unicorn is currently set to begin trading this Friday, pricing after the bell Thursday. If that happens,…
Amazon Music Joins Podcasting Fray
Now playing on Amazon Music: podcasts. Amazon.com Inc.’s music service is launching into podcasting Wednesday, becoming the latest entrant to the rapidly expanding medium. While the company is joining a competitive field, executives said…
Cloud gaming platform Shadow gets a new CEO and CTO – StockSharksNewsh
There are some changes at the helm of Blade, the French startup behind Shadow. Mike Fischer is going to work for the company and become Chief Executive Officer. Jean-Baptiste Kempf is joining the company as Chief Technology Officer.…
Google Executive Gets Grilling on Capitol Hill
Lawmakers from both parties sharply criticized Google over its dominance in advertising at a Senate hearing Tuesday that showcased the arguments likely to play out if the government moves to sue the tech giant for anticompetitive…
Zwift, maker of a popular indoor training app, just landed a whopping $450 million in funding led by KKR – StockSharksNewsh
Zwift, a 350-person, Long Beach, Calif.-based online fitness platform that immerses cyclists and runners in 3D generated worlds, just raised a hefty $450 million in funding led by the investment firm KKR in exchange for a minority stake…
Apple Inc. (NASDAQ:AAPL) – Apple Reveals How Many iPads It Sold In The Last Decade
Apple Inc. (NASDAQ: AAPL) during its “Time Flies” event on Tuesday revealed it sold more than 500 million iPad units over the last 10 years, as first noted by The Verge. What Happened: This is the first time that the Cupertino-based…
Kodak Didn’t Break Law When Loan Was Revealed, Special Committee Finds
A special committee hired by Eastman Kodak Co.’s board found several governance issues at the firm concerning the July announcement of a planned $765 million loan from the U.S. government, but said none of those issues violated the law.…
Facebook addresses political controversy in India, monetization opportunities, startup investments – StockSharksNewsh
At the beginning of the previous decade, Facebook had a tiny presence in India. It had just started to slowly expand its team in the country and was inking deals with telecom operators to make access to its service free to users and even…