Tag: category-/Business & Industrial

Microsoft’s M12 venture fund expands to India, invests in health care data startup Innovaccer

India’s startups raised a record $10.5 billion in funding last year from dozens of international and local investors. When they are in need for capital again, they will have an additional source to look at: Microsoft. Microsoft announced today that it is expanding the reach of its M12 corporate venture […]

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Microsoft sets MWC 2019 event for February 24, likely revealing HoloLens 2

Rumors of an early 2019 reveal of HoloLens 2 circulated throughout 2018, and now Microsoft appears to be ready to show off its next-generation augmented reality headset. The company today issued invitations to a media event at Mobile World Congress 2019 in Barcelona, which will feature one particularly noteworthy speaker: Alex […]

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Indian edtech startup Byju’s acquires U.S.-based Osmo for $120 million

Byju’s is getting more serious about its global ambition. The ed-tech startup from India, which counts The Chan Zuckerberg Initiative among its investors, announced today that it is acquiring Osmo, a Palo Alto, California startup famous for its kid-focused augmented reality games for iPhones and iPads. The purchase will enable Byju’s […]

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Fractal Analytics raises $200 million to boost enterprise efficiency with AI

The big data analytics market is worth big bucks. A recent report by Market Research Future pegged its value at $275 billion by 2023, and Gartner recently predicted that AI-derived business revenue will reach $3.9 trillion in 2022. With that sort of capital at stake, it’s no wonder investors are […]

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IBM, Ford, LG Chem lead blockchain coalition for ethically sourced minerals

A coalition of companies led by IBM will use blockchain technology to ensure that the supply chain for minerals will be ethically sourced. The coalition includes Ford Motor, Huayou Cobalt, LG Chem, and RCS Global. We’ve all heard about “blood diamonds” and conflict minerals, where mined goods are used to […]

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Automattic announces Newspack, a next-gen news publishing platform backed by Google

WordPress.com parent Automattic has announced a new publishing platform for news sites, designed to help small to medium-sized publications generate more revenue. The initiative, which is called Newspack by WordPress.com, is launching in partnership with News Revenue Hub and Spirited Media. Interestingly, Newspack is backed by $2.4 million in funding from […]

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Tech’s countless ‘solutions’ are a problem of their own

The biggest problem in the world is solutions. There’s an app for everything, a vendor for everything, so why isn’t everything perfect yet? The answer is that solutions have costs. First among these is that you don’t have time to use all of these apps: You only have 24 hours […]

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Pensa Systems uses autonomous drones to track store inventory

There’s perhaps no retail task more time-consuming than taking stock of merchandise. Inventory tracking — that is, figuring out which products are in stock, which stock is likely to run low in the next week, and so on — is a never-ending battle, as shoppers spend an estimated 40 billion […]

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AiFi markets NanoStore, a tiny white-label cashierless store

Cashierless stores are all the rage. You need look no further for evidence than Amazon’s rapidly expanding Amazon Go chain and the tens of millions of VC dollars startups like Trigo Vision and Zippin have snatched up in the past year. Some, like Grabango, offer plug-and-play systems designed to accommodate […]

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4 days at CES: The best surprises, the worst disappointments

There’s a simple but powerful reason tech enthusiasts flocked to Las Vegas for the Consumer Electronics Show this week – it’s the first peek into some of the exciting, groundbreaking technology we’ll see hit the market in 2019. But CES also serves as a bit of a crystal ball into […]

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U.S. tech startups face new government controls in 2019

This year, new protections put in place by the U.S. government to limit the sharing of critical technologies with foreign individuals will affect a large number of startups as well as related investments, mergers, and acquisitions. And since the law applies to all foreign individuals, whether abroad or in the […]

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Mobileye plans to deploy fully autonomous cars in 4 years

Watch out, Waymo — Mobileye has its sights set on you. The Tel Aviv developer of autonomous car systems, which Intel paid $15.3 billion to acquire in March 2017, had an eventful few days at CES 2019 in Las Vegas. During a presentation headlined by cofounder and CEO Amnon Shashua, […]

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CrowdAnalytix raises $40 million for crowdsourced AI algorithms

Designing, training, and validating sophisticated machine learning algorithms can suck up a lot of hours — particularly if you’re dealing with sparse datasets. This has given rise to a cottage industry of crowdsourced data science, led by Google’s Kaggle and companies like Topcoder. And the market’s growth potential is getting […]

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How NASDAQ harnesses hyper-converged infrastructure and virtualization for zero downtime (VB Live)

Hyper-converged infrastructure is great, but adding virtualization as an integral part of your stack means more savings, increased IT agility, advanced multi-cloud ability and more. To learn more about how virtualization can remove complexity and increase efficiency, and how to choose the right HCI tool, catch up now on this […]

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Epic, Improbable create $25 million fund to transition devs away from Unity

Unity found itself at the center of a controversy today, and now competitor Epic Games is turning up the heat. Unity is cutting off future support for the online-multiplayer development platform SpatialOS from accessing its game-development toolkit. Improbable, the owner and operator of SpatialOS, posted a blog about this corporate […]

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Gartner and IDC: HP and Lenovo shipped the most PCs in 2018, but total numbers fell

The PC market is still declining, according to research firms Gartner and IDC. While the two agreed on that 2018 was negative, they disagreed on who shipped more PCs: HP or Lenovo. As with the year before, Dell was indisputably third. Both firms continue to be optimistic about the PC […]

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Why 25% of companies are copying Amazon’s customer support model — using bots and AI (VB Live)

Bots, artificial intelligence, and messaging in customer support offer an 8.6 percent increase in profit margin per customer. For a closer look at the long-term implications of automation, how to invest in the brave new world of work, and more, don’t miss this VB Live event! Access for free on […]

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OneLogin raises $100 million to help enterprises manage access and identity

Not every startup manages to reach — or exceed — $100 million in financing. Those that do join an exclusive group  of fundraisers and can enjoy a massive vote of confidence from the venture capitalists and angels who help put them there. As of this morning, OneLogin is the latest […]

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Cashierless checkout startup Standard Cognition acquires Explorer.ai for in-store maps

Cashierless store startup Standard Cognition today announced it has acquired Explorer.ai, a company whose mapping technology was first developed at Carnegie Mellon University for autonomous vehicles. Financial terms of the deal were not disclosed. Explorer’s tech will help Standard map larger stores and expand its cashierless store solution for customers into […]

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Oledcomm’s LiFiMax uses light to broadcast data at up to 100Mbps

Using light instead of Wi-Fi to beam data across a room might soon be the norm for everyday business, if Oledcomm has its way. At the 2019 Consumer Electronics Show, the French company announced a low-profile ceiling lamp — LiFiMax — that offers an internet connection over light waves to […]

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