Machine learning models for predicting behavior will need to change, and companies should take a proactive approach to leveraging new technology that can help with these fluctuations.
InVision, the design firm that’s raised more than $350 million from investors FirstMark, Spark, Battery and Tiger Global Management, has today announced the appointment of Eleanor Morgan as chief product officer. The company is also introducing a brand new Design System Manager, giving teams much more flexibility and control in both creating and maintaining their […]
SpaceX has raised $1.9 billion in new funding, per a filing with the SEC from Tuesday which was first spotted by Reuters. The company had been reported by Bloomberg to be in the funding process earlier, which pegged the post-money valuation of SpaceX at $46 billion following this raise. The new funding for the still-private […]
Walmart’s investments in e-commerce, including online grocery delivery and pickup, are continuing to pay off for the retailer. In the company’s Q2 earnings, released this morning, Walmart reported its U.S. e-commerce sales were up 97% — an increase attributed to more customers shopping online during the pandemic, stocking up on household supplies and shopping for […]
In less than three months and notwithstanding intervention, TikTok will be effectively banned in the U.S. unless an American company steps in to save it, after the Trump administration declared by executive order this week that the Chinese-built video sharing app is a threat to national security. How much of a threat TikTok poses exactly […]
Playdots — developer of the mobile games Dots, Two Dots and Dots & Co. — has reached an agreement to be acquired by publisher Take-Two Interactive. Take-Two will pay $192 million for the deal, $90 million in cash and the remaining $102 million in stock. Playdots was founded in 2014 by Paul Murphy and Patrick […]
SpaceX has successfully launched 58 more Starlink satellites for its growing internet broadband constellation. This is the eleventh batch of Starlink satellites to go up, bringing the total on orbit to well over 600. Today’s mission also carried three Planet satellites, and used a Falcon 9 first-stage booster that broke a record by flying for […]
Chamath Palihapitiya, the founder of Social Capital, does not do minority investing anymore. If he finds a startup he likes, he just buys it outright. The billionaire co-founded Social Capital in 2011, and seven years later, he pivoted the investment firm into a technology holding company. The transition wasn’t one that the investors hired into […]
Buildkite, a Melbourne-based company that provides a hybrid continuous integration and continuous delivery (CI/CD) platform for software developers, announced today that it has raised AUD $28 million (about USD $20.2 million) in Series A funding, bringing its valuation to more than AUD $200 million (about USD $145 million). The funding was led by OpenView, an […]
The Galaxy Note Ultra is a $1,399 smartphone. Even by Samsung’s standards, this is a high-end luxury device. It’s the phone for people who board the plane early and derive a sense of pride in watching the rest of us slowly shuffle onto the plane, wondering just how close to the back we’ll get. Sure, […]
Apple is revamping its streaming radio service. Starting today, its flagship radio station Beats 1 will be rebranded to Apple Music 1 — a change that more closely associates the station with Apple’s subscription-based streaming music service, Apple Music. In addition, the company is launching two more radio stations: Apple Music Hits, featuring top songs […]
Walmart reported earnings this morning. Most of the numbers are immaterial to you and I, having little to nothing to do with the world of private capital and startups, but one metric did leap out: In its quarter ending July 31, Walmart’s U.S. “e-commerce sales” grew by 97% compared to the year-ago quarter, with what […]
Website-building platform Wix today launched a new company Wix Answers, which it says offers enterprise-level customer support and is intended to compete with companies like Zendesk and Salesforce. Joe Pollaro, the general manager of Wix’s U.S. business, said that while the company has “been expanding into much larger types of users, enterprise-class users,” Wix Answers wasn’t initially […]
Amazon today announced an upcoming hiring spree set to bring 3,500 jobs to a half-dozen U.S. cities. The news is, of course, particularly notable amid a pandemic that has cause many industries to freeze hiring, while unemployment claims have soared across the country. It also finds the company doing that hiring in cities — many […]
An AI-based technique to accelerate MRI scans has been shown to produce as good or better results than traditional methods in a blind comparison by expert radiologists. The system halves or even quarters the time necessary to get a good scan without sacrificing quality, which could reduce wait times and costs correspondingly. FastMRI is a […]
Movable Ink, a company that helps businesses deliver more personalized and relevant email marketing, is announcing that it has raised $30 million in Series C funding. The company will be 10 years old in October, and founder and CEO Vivek Sharma told me that it’s always been “capital efficient” — even with the new round, […]
The restaurant industry has been slammed hard by the coronavirus outbreak, with venues in many cities in the U.S. and beyond shuttered or restricted in how they can serve customers — to say nothing of the comfort level of customers themselves to dine in public venues — in the name of helping contain the spread […]