Tag: Entrepreneur

Tech companies finally care about helping older people

As I walked 32 miles through tech’s biggest trade show, CES 2019, last week, I kept thinking about products my 85-year-old mother could use. That’s not an easy task, as the woman — bless her heart — could not figure out how to use an iPhone. She’s got dementia and bad hearing […]

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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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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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How Cody Friesen extracts water from air and kindles hope at Zero Mass Water

Cody Friesen had a big dream, and at Zero Mass Water he is making it come true. His team has figured out how to extract water from air, using nothing more than a panel with solar electricity. It is the first real update to the creation of drinking water since […]

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Breakdown of biggest VC raises in Midwestern states in 2018

As the new year gets underway, 2018’s fundraising numbers are rolling in, allowing us to get a snapshot of how the Midwest’s top startups fared. It was a good year for the Midwest, which we define here as Minnesota, Wisconsin, Illinois, Indiana, Michigan, and Ohio. Here is a list of […]

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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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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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Where Steve Case’s Rise of the Rest fund is investing 1 year in

Last year, former AOL cofounder Steve Case’s Rise of the Rest venture closed a $150 million seed fund to invest in startups in cities that investors have historically overlooked — places like Cincinnati, Memphis, and Salt Lake City. $150 million funds don’t usually get write-ups in the New York Times, […]

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Organic growth vs. acquisitions: Which makes more sense? 

2018 was a banner year for tech mergers and acquisitions, including IBM’s $34 billion purchase of Red Hat (the largest software acquisition ever), Broadcom’s $18.9 billion buyout of CA Technologies, and Microsoft’s $7.5 billion deal for GitHub. Despite geopolitical and economic uncertainty, most observers are optimistic about continued robust prospects for M&A activity in 2019. “There […]

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Swiss startup Sophia Genetics raises $77 million to expand its AI diagnostic platform in the U.S.

Health startup Sophia Genetics today announced that it has raised $77 million in a funding round to expand development of its artificial intelligence platform that uses genomic data to improve diagnostics. The round was led by Generation Investment Management and includes money from Idinvest Partners, Balderton Capital, and Alychlo. Sophia, founded in […]

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Indian tech startups raised a record $10.5 billion in 2018, but concerns remain

India’s tech startups closed 2018 on a record high note, securing several major deals to further cement the nation’s position on the world map. But despite an influx of money from international investors, the local ecosystem’s overall health has some concerned. The year saw a high-profile acquisition, the emergence of new […]

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Alphabet’s Verily raises $1 billion to make health care smarter

Google’s Verily, the health technology subsidiary of Google’s parent company, Alphabet, today announced that it’s secured $1 billion in financing led by Silver Lake, with participation from Ontario Teachers’ Pension Plan and “other global investment management firms.” It comes two years after Verily took in $800 million of outside capital from […]

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DoorDash and GM’s Cruise team up to pilot food delivery via self-driving cars

General Motors (GM) is partnering with DoorDash to enable on-demand food deliveries via driverless cars. The duo announced that a pilot delivery program will kick off in San Francisco in “early 2019,” and will involve both meals from restaurants and groceries. As a century-old automotive giant, GM has been investing […]

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CarePredict raises $9.5 million for AI wearable that monitors seniors’ health

Living independently as an older person carries risks. One in four Americans aged 65 and older falls each year, according to the National Council on Aging, and every 19 minutes an older adult dies from a fall. Health ailments like urinary tract infections (UTI) become increasingly common in old age, too, […]

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Billions a year go missing in bank fees for international money transfers. Are you paying too much, too?

Presented by Transferwise People lose billions of dollars year to their banks, without even realizing it. But there is a new technology that is changing all that — and saving expats, freelancers, families, and SMBs millions of dollars a day. Have you ever sent money internationally? If you have, there’s […]

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