Wednesday, March 7, 2018

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47.3 million U.S. adults have access to a smart speaker, report says

Mar 07, 3:51PM

 Nearly one in five U.S. adults today have access to a smart speaker, according to new research out this week from Voicebot.ai. That means adoption of these voice-powered devices has grown from around 1 percent reach among U.S. adults to nearly 20 percent in just two years – or 47.3 million U.S. adults. To clarify, “access to a smart speaker” means the adults have one in… Read More



Ecobee scores a $61 million Series C with help from Amazon

Mar 07, 3:44PM

 Smart thermostat maker Ecobee just wrapped up a $61 million Series C, bringing the Toronto-based company’s total funding to $146 million. This latest round features investments from Energy Impact Partners, Thomvest, Relay Ventures and, most notably, Amazon’s Alexa Fund, which has taken a particularly interest in the company’s products of late. No surprise, really. Ecobee has… Read More



Geniac, the office as a service, is shutting down after Grant Thornton pulls support

Mar 07, 3:22PM

 Geniac, the London-based startup that provided an “office as a service” for small and medium-sized businesses, is soon to enter the deadpool. Read More



Windows 10S will become 'S Mode' next year

Mar 07, 3:01PM

 Windows 10S is, in the simplest terms, Microsoft’s Chrome OS competitor. A spiritual successor to RT, the operating system is a slimmed down version of Windows 10 with added security (by way of locked down app installs) and lower hardware requirements designed to be run on sub-$300 systems that can be purchased in bulk by schools. The messaging on the software was always a bit messy,… Read More



S&P Global snares Kensho for $550 million

Mar 07, 2:50PM

 S&P Global announced today that it will acquire Kensho, a Cambridge, Massachusetts startup that has concentrated on artificial intelligence and analytics for big financial institutions. The total value of the deal is $550 million in a mix of cash and stock. Kensho, which counted S&P Global as a client/partner and an investor, launched in 2013 and has raised $67.5 million, according… Read More



Magic Leap raises $461 million in fresh funding from the Kingdom of Saudi Arabia

Mar 07, 2:44PM

 Magic Leap still hasn’t released a product, but they’re continuing to raise a lot of cash to get there. The Plantation, Florida-based augmented reality startup announced today that it has raised $461 million from the Kingdom of Saudi Arabia’s sovereign investment arm, The Public Investment Fund. The Saudi Arabian fund contributed $400 million of the raise, with… Read More



Amazon launches a low-cost version of Prime for Medicaid recipients

Mar 07, 2:00PM

 Amazon announced this morning it will offer a low-cost version of its Prime membership program to qualifying recipients of Medicaid. The program will bring the cost of Prime down from the usual $10.99 per month to about half that, at $5.99 per month, while still offering the full range of Prime perks, including free, two-day shipping on millions of products, Prime Video, Prime Music, Prime… Read More



Atomwise, which uses AI to improve drug discovery, raises $45M Series A

Mar 07, 2:00PM

 Atomwise, which uses deep learning to shorten the process of discovering new drugs, has raised a $45 million Series A. The round was led by Monsanto Growth Ventures, Data Collective (DCVC) and B Capital Group. Baidu Ventures, Tencent and Dolby Family Ventures, which are all new investors in Atomwise, also participated, as well as returning investors Y Combinator, Khosla Ventures and DFJ. Read More



Facebook adds video chat to Messenger Lite, its pared-down Android app

Mar 07, 1:57PM

 After bringing its pared-down Android app Messenger Lite to mature markets like the US and UK last autumn, Facebook is expanding its features to ramp up engagement. Today, the company announced that it is adding video chat into the mix. Messenger Lite, first launched in 2015 was initially part of an effort from Facebook to build more apps to boost usage in developing countries, where… Read More



Announcing the TechCrunch Hackathon at VivaTech in Paris

Mar 07, 1:41PM

 Where do savvy developers, hackers, tech builders and makers go to test their mettle and push the very limits of their creativity and endurance? To a Hackathon, where else? We’re psyched to announce that the next TechCrunch Hackathon takes place at VivaTech on May 25-26 at the Paris Expo Porte de Versailles. It’s a perfect match in the City of Love as thousands of founders,… Read More



Voicera lands $20 million with help from big-time enterprise investors

Mar 07, 1:28PM

 It seems that everyone agrees that meetings are a time suck. There have been many attempts to use technology to make it easier to organize and run them, but Voicera, a Bay area startup, is attacking the problem from a different angle. It wants to make it simpler to record meetings and pull out action items automatically using artificial intelligence. Today, it announced a $20 million Series… Read More



UK's Atom Bank raises another $206M led by BBVA for millennial and SMB financial services

Mar 07, 12:03PM

 Atom Bank, the startup based out of Durham, England that operates a mobile-only bank targeting consumers between the ages of 18 and 34, has raised another big round of funding. The company today announced another £149 million ($206 million) in funding to double down on its existing business — focused currently on savings accounts, mortgages and small business loans — as well as… Read More



UK kicks off driverless car law review to get tech on the road by 2021

Mar 07, 11:08AM

 In 2021 the UK government intends the country to be well on its way to a driverless future. No, not a cheap joke about Brexit — yesterday it announced a three-year regulatory review to “pave the way for self-driving cars”. Read More



Audi gets in on the flying car action with Airbus and Italdesign

Mar 07, 10:41AM

 The Geneva Motor Show is home to many supercars and outlandish apparitions, but the collaboration between Italdesign, Audi and Airbus on the Pop.Up Next flying car concept is one of the more out there. It’s an updated version fo the Pop.Up that Italdesign and Airbus brought to the show last year, this time including an Audi-branded components of the modular flying/driving system. The… Read More



Launch at Startup Battlefield Europe: Applications Still Open

Mar 07, 10:15AM

 TechCrunch is proud to bring Startup Battlefield Europe to Paris in partnership with VivaTech, which takes place on May 24th – 25. Thousands of founders, business leaders, investors, academics, students, and media will descend on the Paris Expo Porte de Versailles to see the future of tech. And TechCrunch will be there searching for the first winner of Startup Battlefield Europe. It… Read More



Google is bringing messaging to its Tez payment app in India

Mar 07, 8:08AM

 Messaging and payments continue to converge in India after Google added chat features to its Tez payment app in India. The move follows the introduction of peer-to-peer payments inside WhatsApp in India, its largest country worldwide with over 200 million users, last month and it now allows users of Tez to communicate directly with contacts via the app. Google told Gadgets 365 that the feature… Read More



IBM's PAIRS Geoscope helps developers wrangle geospatial data

Mar 07, 5:01AM

 IBM today announced PAIRS Geoscope, a new experimental cloud-based service that makes it easier for developers to work with large amounts of geospatial data from across a wide variety of sources. The service handles ingesting, integrating and managing the data and allows developers to focus on their queries. Read More



Paris-based VC firm Ventech is raising a new fund

Mar 07, 5:01AM

 Ventech has been around for 20 years, which is the equivalent of 80 years in tech time. And the VC firm is still going strong as it just announced the initial closing of a new fund. The firm has raised $170 million (€140 million) and wants to reach the $250 million hard cap (€200 million) within a few months. And Ventech isn’t going to reinvent the wheel. The firm plans to do more of… Read More



Tinkerer Jonathan Zufi talks about design and Escape From New York

Mar 07, 4:28AM

 This week on Technotopia I talked to Jonathan Zufi, creator of the LifeClock One, a replica of the watch worn by Snake Plissken in Escape From New York. Zufi loves design and his insight on what makes something a timeless classic – even when it comes to computer hardware – is fascinating. Zufi is also the author of Iconic, a book that details Apple products from the earliest days… Read More



Condé Nast Traveler revamps its website and unveils 20 new city guides

Mar 07, 12:00AM

 Travel websites get redesigned all the time, but you just need to visit the homepage to tell that the team at Condé Nast Traveler has something different in mind. Instead of a standard river of articles, or a menu for navigating to different sections and travel destinations, there’s just a declaration in large text: “To all the rulebenders, wanderlusters, and amrchair… Read More




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