Tag: Business

Lynq raises $6 million for ‘people compass’ that lets you locate friends off-grid

Lynq Technologies, a company that creates tiny trackers that leverage long-range radio waves and GPS to help people find each other, has raised $6 million in a seed round of funding from Sony’s Innovation Fund, Plus Eight Equity Partners, Chetrit Ventures, and Ff Venture Capital. Founded out of New York in 2014, Lynq uses a […]

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Chrono.gg raises $5.5 million for online games distribution portal

Online game distribution portal Chrono.gg has raised $5.5 million in funding to continue its business of selling one game at a time. Pace Capital led the round, with other investors including BLH Venture Partners, Capital Factory, Courtside Ventures, and S3 Ventures. Austin, Texas-based Chrono.gg is focused on engaging consumers via today’s top content creators in the […]

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Bandai Namco previews 7 action and RPG titles for 2020

Japanese game publisher Bandai Namco Entertainment showed off seven action and role-playing titles that are expected to debut in 2020. At a preview event in San Francisco, I was able to play hands-on with most of the games that the company displayed. They ranged from Bless Unleashed, a massively multiplayer online role-playing game that debuted […]

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Directly raises $20 million to inject AI into customer service

According to CustomerTheromometer, 54% of customers have higher expectations for customer service today compared with one year ago. In order to meet those expectations, three entrepreneurs — Antony Brydon, Jean Tessier, Jeff Patterson — argue that a degree of automation is required. They’re the cofounders of Directly, a San Francisco, California-based company helping enterprise companies […]

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U.K. allows Huawei to supply some 5G network gear, despite U.S. pressure

(Reuters) — UK Prime Minister Boris Johnson on Tuesday granted China’s Huawei a limited role in Britain’s 5G mobile network, resisting U.S. pressure to exclude the company from next generation communications on fears China could use it to steal secrets. In the biggest test of his post-Brexit foreign policy to date, Johnson ruled that “high-risk vendors” […]

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Bond raises $15 million to bring last-mile deliveries and nano distribution centers to online retailers

Bond, a New York-based startup that offers ecommerce companies delivery and distribution center services, has raised $15 million in a round of funding from Lightspeed Venture Partners, MizMaa Ventures, and TLV Partners. Founded in 2019, Bond has developed the technology and infrastructure to help direct-to-consumer (D2C) brands quickly deliver their products and more easily accept […]

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Snap rolls out Ready Chef Go mobile messaging game globally

Snap and developer Mojiworks are rolling out the Ready Chef Go mobile messaging game globally after a successful test in its first month. The companies said that the players of the Snapchat cooking game served half a billion in-game orders during the first month. That doesn’t tell us how many downloads there were, but it […]

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Lime uses sensor data to keep scooters off sidewalks

While there are many advantages to the burgeoning urban micromobility movement, the the unbridled proliferation of electric bikes and scooters also comes with major downsides — such as cluttered and hazardous sidewalks. And it’s against that backdrop that VC-backed Lime today announced a new approach to keeping riders off the sidewalk, using a mixture of […]

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AppOmni raises $10 million to monitor and manage app security and compliance

Some estimates show that an astounding 92% of web apps have security flaws or weaknesses that can be exploited and some 16.2% of U.S. companies have two or more web apps that don’t securely store personally identifiable information. If you ask AppOmni founder Brendan O’Connor, the problem is less negligence than ignorance. Companies often lack […]

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Roambee raises $15.2 million to track physical assets with AI

An astonishing 55% of small businesses that deal in physical assets don’t manage them in any way. Roambee is working to change that. The Santa Clara, California-based startup provides on-demand shipment and asset monitoring for companies in the logistics, transportation, finance, pharmaceutical, and automotive industries, with products that combine internet of things sensors and AI […]

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ActiveCampaign raises $100 million to automate marketing campaigns with AI

The global campaign management software market was valued at approximately $1.85 billion in 2017, and it’s anticipated to grow at 15.65% from 2018 to 2025.  It’s a boom that’s undoubtedly benefited Jason F. VandeBoom’s ActiveCampaign, a customer experience automation platform founded in 2003 with the goal of developing a product suite designed to help businesses […]

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Miso Robotics unveils its next-gen robot kitchen assistant

According to a McKinsey & Company analysis, 73% of the activities food service workers perform have the potential for automation. This might seem like cause for alarm, but Miso Robotics, a startup developing automation products for fast-food and quick-service restaurant kitchens, asserts machines can boost productivity by working with humans as opposed to wholly replacing […]

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GM to invest $2.2 billion to make electric trucks and SUVs at Detroit factory

(Reuters) – General Motors will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, a move that would create 2,200 jobs, the No.1 U.S. automaker said on Monday. The company said its first electric truck will be a pickup, whose production will begin late next year and will […]

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Plague Inc. creator reminds us games have limits on what they can teach us

Plague Inc. creator Ndemic Creations announced on Friday that players should remember that their game isn’t a scientific model for how to deal with the coronavirus that broke out in Wuhan, China. For me, this is a reminder that there are things you can learn from video games, but there are limits to this as […]

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Atari hotels are happening because Hard Rock Cafe is for boomers

Atari was once the biggest name in gaming, but it has died multiple times since it reached its zenith in the early 1980s. But nothing from that era stays dead — not if someone can mine it and resell it as notsalgia. And Atari is taking that business model to another level with an Atari […]

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Google will shut down App Maker on January 19, 2021

Google today announced it is killing off yet another service: App Maker, G Suite’s low-code environment for building custom business apps. Google App Maker will be “turned down” gradually this year and officially shut down on January 19, 2021. Google cited “low usage” as an explanation for the move. If your business was using App […]

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Uber’s AI plays text-based games like a human

Can AI learn to play text-based games like a human? That’s the question applied scientists at Uber’s AI research division set out to answer in a recent study. Their exploration and imitation-learning-based system — which builds upon an earlier framework called Go-Explore — taps policies to solve a game by following paths (or trajectories) with […]

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Microsoft backs SuperAwesome amid growing demand for child safety tech

As awareness grows around the dangers the internet poses to children, more companies have entered the fray with solutions to combat the various threats. One of those companies is SuperAwesome, which has developed an extensive platform to help brands deliver “safe” content to children. The London-based startup claims some big-name clients, including Mattel, LEGO, NBC […]

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Iguazio raises $24 million for AI development and management tools

AI adoption levels are higher than they’ve ever been in the enterprise. According to a January survey conducted by Gartner, corporate use of AI grew 270% over the past four years. But developing, deploying, and managing AI applications at scale requires a platform that supports doing so, which is what startup company Iguazio provides. Its […]

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U.S. senator urges Tesla to rebrand its Autopilot driver assistance system to reduce misuse

(Reuters) — A U.S. senator on Friday urged Tesla to rebrand its driver assistance system Autopilot, saying it has “an inherently misleading name” and is subject to potentially dangerous misuse. But Tesla said in a letter that it had taken steps to ensure driver engagement with the system and enhance its safety features. The electric […]

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Call of Duty League enjoys an esports rebirth with opening weekend

The death of Kobe Bryant forced the Call of Duty League to cancel a shootout between a couple of NBA stars, as a sign of respect for the fallen basketball legend. But most of the opening weekend for the Call of Duty League went off without a hitch, based on what I’ve seen watching it from […]

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4 trends that will shape the cloud-native world in 2020 

2019 was a pivotal year for the cloud native community, with lots of announcements that made it hard to get a clear view of what’s happening. But there are 4 key trends in the cloud space that will shape 2020. And if you take a step back, you’ll spot them. A big step back. In […]

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