Crunch Report | Oculus CTO Is Suing ZeniMax
Bolt Threads creates a tie made from spiderwebs, Oculus’ CTO is suing ZeniMax for money never paid to him and Google has a new startup competition. All this on Crunch Report. Read More Source link
Tech News
UK broadband giant BT agrees legal separation from pipes-controller, Openreach
Startups in the UK will be hoping for better performance from the local broadband market after telecoms regulator Ofcom agreed a deal with the country’s largest broadband provider, BT, to legally separate Openreach: aka the division of BT that builds and maintains the broadband infrastructure. It’s not a full structural separation — as some have called for — but is a step further than […]
Networking services startup Cradlepoint lands $89M investment from TCV
In a world where having internet connectivity is the lifeblood of just about every business, Cradlepoint helps customers deliver consistent networking services, even when there is a lousy cell signal. Today the company announced it had secured an $89 million Series C investment from TCV. TCV is the only investor this round, and as part […]
Amazon’s AWS acquired meeting productivity startup Do to expand Chime
Amazon has quietly made one more acquisition to build out the productivity services on its cloud platform AWS. The company has acquired Do.com, a startup that had built a platform to make meetings more productive by doing things like managing notes in preparation for them, and creating reports for those who were not there, as well as organising the meetings […]
GeoPost acquires delivery startup Stuart
GeoPost, the international subsidiary of the French Groupe La Poste, has acquired “last-mile” delivery startup Stuart. Terms of the deal remain undisclosed, though it should be noted that GeoPost already held a 22 per cent stake in the French startup, having led its €22 million Series A round in late 2015 before the company had […]
Startup School will soon be in session at Y Combinator
Y Combinator is Improving upon its Fall 2014 Stanford course, How to Start a Startup, with a larger scale online course called Startup School. Whether you swear by startup bibles like Both Sides of the Table or Zero to One, there’s no denying that Y Combinator, now having backed over 900 startups, has a tip or two to share about starting companies. The ten […]
Researcher finds bug that allowed free Uber rides
Uber has patched a bug in its code that allowed a researcher — and anyone else who might’ve discovered the problem — to hail Uber rides without paying for them. Anand Prakash, a security researcher, discovered the bug in August and received permission from Uber to test it in the U.S. and India. He was able […]
Crunch Report | NBCUniversal Invests $500 Million in Snap
NBCUniversal invests $500 million in Snap, Jeff Bezos has plans for a Moon expedition, Uber plans to turn its app into a content marketplace and more Uber troubles. All this on Crunch Report. Read More Source link
OpenRent, the UK online letting agent, picks up £4.4M from Rocket Internet’s GFC
OpenRent, one of a number of online letting agents (or realtor, as it might be described in the U.S.), has picked up £4.4 million in backing from Rocket Internet’s venture arm Global Founders Capital. The London-based company’s last funding round was a “multi-million pound” ‘equity for media’ deal with Northern & Shell Ventures, part of […]
Chat app Line is developing an AI assistant and Amazon Echo-style smart speaker
Messaging app Line is taking a leaf out of the books of Amazon, Google and others after it launched its own artificial intelligence platform. A voice-powered concierge service called Clova — short for “Cloud Virtual Assistant” — is the centerpiece of the service, much like Amazon’s Alexa, Microsoft’s Cortana and Google Assistant. Beyond the assistant living […]