Month: June 2017

Cabin recently announced it had secured $3.3 million in seed financing for its sleeper-car buses. (I’ll explain that concept in a minute.) The funding was led by Founders Fund’s FF Angel, with participation from half a dozen other investors. This new round of funding will enable Cabin to expand its overnight transportation services regionally and
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Playground Ventures — the VC fund co-founded by Android inventor and former Google exec Andy Rubin that sits alongside an eponymous incubator/startup studio and is making some big bets in areas like artificial intelligence and new generations of hardware– is raising more money. A Form D filed with the SEC notes that Playground Ventures is
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iPhone 4 (2010): Eye candy The iPhone 4 focused on looks — and how! It’s a shame our first encounter with it was the infamous lost-in-a-bar unit, because the 4 really was an incredible jump in both quality of design and technology. It would have been exciting to have it revealed with Jobs’s showmanship. At any
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Facebook recently came under fire for allegedly targeting at-risk youth in Australia. A 23-page leaked document details the power of the company’s algorithms to approximate the emotional state of users as young as 14 years old by monitoring their interactions and uploaded content. Advertisers can then learn when users feel “worthless,” “silly,” “overwhelmed,” “nervous,” “defeated,”
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Blue Apron investors might be shedding a tear — and it’s not from the chopped onions. The subscription service for at-home cooking closed the day just barely above $10 per share, rounded to just $10.01. This is not only a disappointment for the company, which hoped to raise more money by selling stock at $15
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It’s still hard to say if the voice-controlled aluminum can will be the next smartphone or the next Segway, but either way, brands are preparing. This morning Adobe launched a new set of analytics tools, Adobe Sensei for Voice, to help brands take advantage of conversational data to improve targeting and, ideally, conversions. Adobe says
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Abl Schools, a nearly two-year-old, San Francisco-based company that makes time and resource management software for middle schools and high schools, has raised $7.5 million in Series A funding. Rethink Education led the round, with participation from Sinovation Ventures and earlier backers Owl Ventures, Reach Capital and First Round Capital. The company, which had raised
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Steve Jobs called the first iPhone “magic.” It was a customary bit of showmanship from Apple’s late-founder, but a decade after that announcement, it’s difficult to overstate the profound impact the smartphone has had on the mobile industry. The first iPhone was met with cautious excitement by many in the press — after all, where
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Meal delivery business Blue Apron opened for trading at $10 per share on Thursday, significantly below the originally proposed range of $15 to $17. It’s also flat compared to the $10 they priced it at last night, meaning the IPO investors have yet to reap any gains. It also suggests that some investors and possibly
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In the nascent connected speaker market, consumers appear to be gravitating toward the more affordably priced Amazon Echo Dot, according to new e-commerce sales data released this morning by Adobe. However, Google’s decision to release its Echo competitor, Google Home, in November paid off well, the study found. During the 2016 holidays, Google Home was
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ClauseMatch CEO Evgeny Likhoded remembers what it used to be like to negotiate contracts. As a former employee of Morgan Stanley, and before that Gazprom, he was on teams that would negotiate contracts and agreements around financial products and the trading of physical commodities. While technology has evolved in many parts of the enterprise, Likhoded says
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Swedish digital healthcare startup KRY has closed a €20 million ($22.8M) Series A round of funding to grow its on-demand video-call-a-doctor business, including expanding into new markets. Existing investors Index Ventures, Creandum and Project A also participated in the round. The startup, which was founded in 2014, aims to supplement traditional healthcare systems with an on-demand (paid) service for
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