Wednesday, April 25, 2018

Where GoPro goes next

GoPro, already a beloved camera brand, just couldn’t take flight. The GoPro vision – a little box you can attach to the wing of a plane or your ski helmet and catch unparalleled views of the world – is...
Wonderschool, a network of in-home daycare and preschools, plans to open 150 programs in New York City after raising $2.1 million in new funding. The capital comes from non-profit investment firm Omidyar Network, Be Curious Partners, Rethink Education, Edelweiss...
Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD...
VTech, the maker of smart toys whose poor security practices exposed data from millions of parents and children, has been slapped on the wrist by the FTC to the tune of $650,000 and probation. It seems a light penalty...
Venture capitalists have been trying to make money from the higher education market for years. It’s a rich target for the clutch of investors that pride themselves (in their better moments) on investing in companies that can improve society, and that...
Facebook VP of VR Hugo Barra made a surprise announcement during Qualcomm’s press conference at CES. Barra previously led Xiaomi’s international efforts. So it wasn’t that surprising to see him announce a new partnership between Xiaomi, Qualcomm and Facebook. “Xiaomi...
Generally speaking, at CES and elsewhere, when a company says something is powered by AI, they’re blowing smoke. And while smoke was definitely blown at LG’s otherwise unremarkable press conference this morning, the company also announced it was applying...
Collibra, a company that wants to help firms understand data governance, announced a $58 million Series D funding round today led by Iconiq Capital and Battery Ventures. All of the investors involved in this round were coming back for another...
Wait, what? Yeah, this week a company called SuperMeat announced that it raised $3 million to create chicken in a lab. It requires real chicken cells, Petrie dishes probably and some patience. The benefits for fake (fake real?) chicken...
The week after Christmas is a lazy one, but the App Store was working overtime. Apple triumphantly announced today that the late holiday season brought in more than a billion dollars in purchases on its mobile marketplace. Indeed, $300 million...
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