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US removes Xiaomi’s designation as a Communist Chinese Military Company

5 years 5 months ago
Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist that designated it as a Communist Chinese Military Company. The U.S. District Court for the District of Columbia has vacated the Department of Defence’s designation of Xiaomi as a CCMC in […]

Tiger Global leads $30 million investment in Indian Twitter rival Koo

5 years 5 months ago
Investors are backing Koo, an Indian alternative to Twitter, with large size checks at a time when tension is brewing between the American social network and New Delhi. The Indian startup said on Wednesday it has raised $30 million in a financing round led by Tiger Global Management. Mirae Asset, IIFL’s venture capital fund and […]

Emotion-detection software startup Affectiva acquired for $73.5M

5 years 5 months ago
Smart Eye, the publicly traded Swedish company that supplies driver monitoring systems for a dozen automakers, has acquired emotion-detection software startup Affectiva for $73.5 million in a cash-and-stock deal. Affectiva, which spun out of the MIT Media Lab in 2009, has developed software that can detect and understand human emotion, which Smart Eye is keen […]

Getty Images leads $16M investment in Promo.com, a social video template tool

5 years 5 months ago
The social video tool Promo.com just raised $16 million in a Series B round led by Getty Images, the company synonymous with stock imagery. Brands, creators or whoever else might need some quick and dirty video content can search Promo.com for what they need, just like they would use a stock photography service. Getty offers […]

A new book coauthored by Brad Feld invites founders to get their weekly Nietzsche

5 years 5 months ago
In all likelihood, you do not currently associate Friedrich Nietzsche, the German philosopher, essayist and cultural critic, with entrepreneurship. Serial entrepreneurs Brad Feld and Dave Jilk — whose friendship dates back to their college days at MIT — think that you should. Indeed, in the foreword of their new book, “The Entrepreneur’s Weekly Nietzsche: A […]

Call it a comeback: Turntable.fm raises $7.5M

5 years 5 months ago
Earlier this year, Turntable.fm’s founder Billy Chasen dusted off the old site and resurrected it for the pandemic age. I know I wasn’t the only one feeling a wistful pang of nostalgia for the service during the long, dull days of sheltering in place. And while March 2020 would have been the best time for […]

DC attorney general files antitrust suit against Amazon over third-party seller agreements

5 years 5 months ago
Washington, DC Attorney General Karl Racine announced a new antitrust suit against Amazon Tuesday, accusing the company of stifling competition by exerting control over third-party sellers. The lawsuit, filed in DC Superior Court, alleges that Amazon fixed prices on its massive online retail platform by blocking third-party sellers from selling their products for less elsewhere. […]

Struum launches its ‘ClassPass for streaming’ service to the public

5 years 5 months ago
Struum, the new streaming service from former Disney and Discovery execs, is today officially launching to the public. Unlike traditional on-demand streamers, such as Netflix, the Struum model is more akin to a “ClassPass for streaming,” as its plan is to aggregate content from smaller video services then provide access under its own subscription. Today, […]

Airbyte announces $26M Series A for open-source data connector platform

5 years 5 months ago
One of the major issues facing companies these days isn’t finding relevant data so much as moving it to where it’s needed. Enter Airbyte, an early-stage startup that is building an open-source data integration platform to help solve that problem. Today the company announced a $26 million Series A, just a couple of months after […]

How Expensify shed Silicon Valley arrogance to realize its global ambitions

5 years 5 months ago
Expensify may be the most ambitious software company ever to mostly abandon the Bay Area as the center of its operations. The startup’s history is tied to places representative of San Francisco: The founding team worked out of Peet’s Coffee on Mission Street for a few months, then crashed at a penthouse lounge near the […]

Microsoft Azure launches enterprise support for PyTorch

5 years 5 months ago
Microsoft today announced PyTorch Enterprise, a new Azure service that provides developers with additional support when using PyTorch on Azure. It’s basically Microsoft’s commercial support offering for PyTorch. PyTorch is a Python-centric open-source machine learning framework with a focus on computer vision and natural language processing. It was originally developed by Facebook and is, at […]
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