Tag: category-/Business & Industrial

Nvidia’s $2.21 billion in Q4 revenue helps erase previous stock loss

Nvidia posted earnings that beat Wall Street’s reduced expectations for fourth fiscal quarter earnings for the period ended January 27. Last month, the maker of graphics and AI chips preannounced that the combination of a slow launch for its new RTX graphics cards and aftermath of the cryptocurrency bust would hurt its earnings. And today, the company […]

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Israel’s DriveNets raises $110 million to simplify telco service deployments

Networking software startup DriveNets emerged out of stealth mode today when it announced the company had raised $110 million in venture capital. Based in Israel, DriveNets’ cloud-based service, dubbed Network Cloud, simplifies the deployment of new services for carriers at a time when many telcos are facing declining profit margins. Bessemer Venture Partners and Pitango Growth are the […]

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Pinpoint raises $13.5 million to bring data analytics to software development

For those without the technical know-how, software development — which more often than not involves a tangled web of commits, reviews, bug testing, and validation — isn’t exactly easy to keep an eye on. Emails and pivot tables help to a degree, but when it comes to deciphering the meandering app design process, the C-suite […]

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Here Technologies to fund a $28 million research institute that applies machine learning to geolocation data

Here Technologies, the company behind the popular mapping and location platform, has revealed that it’s investing €25 million ($28 million) in a new machine learning research institute that will crunch geolocation data on an industrial scale. The Institute for Advanced Research in Artificial Intelligence (IARAI), as it will be known, will be based in Vienna, […]

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Malt raises $28 million to expand its European freelance platform

Paris-based Malt has raised $28 million in venture capital as it plans expansion of its freelance platform into Germany and the Netherlands. The company has tried to simplify the process of being a freelancer in a country where rigid economic and bureaucratic systems make working independently daunting. Malt provides a range of registration services, financial […]

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Heartland Tech Weekly: Why Amazon won’t drop its New York expansion plans

In case you missed it, the Washington Post reported late last week that Amazon may be reconsidering its decision to place part of its so-called “second headquarters” in New York City. The apparent second-guessing comes as local advocacy groups continue to protest Amazon’s appearances at city council meetings, and as the state’s Democratic lawmakers appointed a politician who […]

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Polly raises $7 million to automate internal polling in the workplace

Polly, a startup that makes it easy to conduct polls inside team communication apps like Microsoft Teams and Slack, announced the close of a $7 million funding round today led by Madrona Venture Group with participation from the Slack Fund. Polly is one of a small group of startups that have received multiple rounds of financial […]

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Game Workers Unite org calls for Activision CEO’s job after layoffs

One of the most visible workers-rights groups for the video game industry is starting a social-media campaign to force Activision Blizzard to fire chief executive officer Bobby Kotick. Game Workers Unite began the #FireBobbyKotick campaign on Twitter today following a massive round of layoffs at the Call of Duty publisher. Activision reported record revenues for […]

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Adobe rolls out new Experience Manager with Smart Tags for video, Visual Search, Smart Crop, and more

Personalized marketing speaks to people. It really does. According to a recent Adobe survey, customers were 51 percent more likely to make a purchase and 49 percent more likely to become loyal to a company if they could identify with the advertising in some way. The trouble is, crafting bespoke campaigns takes a lot of […]

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InfluxData raises $60 million for time-series database software

The amount of data generated today boggles the mind — U.S. companies alone produce 2.5 quintillion bytes daily, enough to fill ten thousand Libraries of Congress in a year — and much of it is of the time-series variety (i.e., data points indexed in time order). Given the sheer volume, it’s no wonder that only […]

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Ex-Googler Alon Chen’s Tastewise uses AI to identify and predict food trends

How can the average restaurant owner hope to make sense of the capricious culinary industry when restauranteurs, culinary directors, and multinational corporations alike have a tough go of it? There are billions of dollars at stake (over $799 billion with respect to restaurants) in a market with razor-thin margins; a typical sit-down joint takes home […]

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Tableau’s Ask Data feature uses NLP to answer sales questions

Seattle, Washington data analytics company Tableau wants to make it easier to get straightforward answers to sales questions. Toward that end, it today announced the general availability of Ask Data, a natural language processing feature for Tableau Server and Tableau Online that enables users to pose queries and get a response. It also debuted Tableau Data Management […]

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Activision Blizzard cuts jobs amid ‘best’ financial results

Activision is planning to cut “non-development jobs” because it isn’t releasing enough games. This news comes via a Kotaku report that claims new Blizzard boss J. Allen Brack sent a letter to employees detailing the layoffs. GamesBeat has separately confirmed that Activision Blizzard chief executive Bobby Kotick sent a message to employees that said layoffs […]

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Apple angers news publishers with plan to keep 50% of subscription fees

It’s no surprise that Apple’s News app proved successful after arriving preinstalled on iOS devices and Macs, reaching over 85 million readers in the three territories where it’s available. Equally unsurprising: Apple is once again reportedly upsetting news organizations with a plan to take too big a cut of their subscription revenues, and to offer […]

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May Mobility raises $22 million to deploy autonomous shuttles in cities across the U.S.

The U.S. last-mile transportation market is more lucrative than you might think — some estimates peg it at $28 billion. Multimodal companies like Lime and Bird have raised collective hundreds of millions of venture capital for e-scooters, bikes, and compact electric vehicles well-suited for short trips in high-density urban cores, and yet another company that’s […]

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Digital kids platform SuperAwesome raises $13 million for ad-based video platform

SuperAwesome, which makes internet content safe for viewing by kids, has raised a $13 million round of financing led by Harbert European Growth Capital. SuperAwesome’s ‘kidtech’ infrastructure is used by hundreds of kids companies, such as Mattel, Disney, Hasbro, and Lego to enable kid-safe content, advertising, and other digital services. The company has defined the digital standards […]

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IBM opens Watson AI to public and private clouds

IBM’s Watson artificial intelligence systems can now be used on Google Cloud Platform, AWS, Microsoft’s Azure, and other cloud providers through an integration with IBM Cloud Private for Data. The approach can also be used to bring Watson to private clouds or on-premise servers. Services like Watson Studio for building AI, Watson Assistant, and AI […]

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Lenovo’s TruScale lets companies rent servers on a usage-based plan

A slight majority of executives aren’t confident in their IT teams’ technical prowess, according to a recent survey conducted by research firm IDC. About 65 percent of chief information officers reported that a lack of talent is holding their employer back, and 46 percent of employers said they outsource some of their IT work as […]

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Datadog acquires French AI-powered app-testing startup Madumbo

Datadog, a heavily funded cloud monitoring platform for applications and infrastructure, has acquired under-the-radar French startup Madumbo, which develops an AI-powered web app-testing service. Terms of the deal were not disclosed. Founded in 2010, New York-based Datadog offers a DevOps toolset that enables developers to monitor everything in their stack, aggregating metrics and events across […]

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Web data extraction startup Import.io acquires Connote to bolster its IP and customer base

Import.io, a Los Gatos, California-based startup developing a toolset that can automatically scrape and process web data, today announced that it’s acquiring enterprise data extraction company Connotate for an undisclosed sum. The deal, Import.io CEO Gary Read said, will enable the company to scale and meet “fast-growing” enterprise demand, bolster its IP (Connote has eight patents to […]

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