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Microsoft acquires a whole bunch of game studios
Jun 10, 8:54PM
Microsoft kept the gaming announcements coming at its Xbox E3 press conference where it announced a series of four studio acquisitions meant to bolster the original gaming content emerging from the console maker. Xbox head Phil Spencer announced Sunday, that they have acquired Ninja Theory, Playground Games, Undead Labs and Compulsion Games. The four studios […]
Microsoft announces 'Halo Infinite'
Jun 10, 8:18PM
There were some rumblings that Microsoft might announce a new Halo title at this year's E3 — and really, what would an Xbox event be without some nod to the perennial favorite sci-fi first-person shooter series? The company didn't mess around this time. Before Xbox head Phil Spencer even took the stage, the company offered […]
Korean crypto exchange Coinrail loses over $40M in tokens following a hack
Jun 10, 4:53PM
Another day, another crypto hack. This time it’s Korea, the crypto-mad Asian country, where an exchange called Coinrail lost more than $40 million in altcoins, ICO-issued tokens that aren’t bitcoin or Ethereum, after it was hit by an apparent attack over the weekend. Korea may be a hot spot for crypto investment, but Coinrail is […]
The largest buys of tech's Big Five: a look at M&A deals
Jun 10, 4:30PM
In startup land, the mandate is to get bought, go public or die trying. And, as far as getting bought goes, one of tech's Big Five could be a desirable acquirer.
The piggyback problem
Jun 10, 1:00PM
I wanted to write about scooter startups this week, but, alas, I failed to care enough about them to muster any opinion at all. The problem is that they are pure piggyback startups, and pure piggyback startups are boring because they have no chance of being genuinely transformative. Let me explain. Many, or even most, […]
LIV is Kickstarting a beefy and bold chronograph for race lovers
Jun 10, 12:24PM
LIV Watches is a crowdfunding darling with a number of Kickstarted watches under its belt. Now it’s offering a unique set of watches to backers, including the Liv Genesis GX-AC, an automatic chronograph with date. The watch runs a Sellita Caliber SW500, visible through the see-through back, and features a screw down crown and massive […]
Here's what EA announced at E3 2018
Jun 09, 8:08PM
Good afternoon, downtown L.A.! The sun is shining, the birds are singing and the giant banners with gun toting cyborgs have been unveiled. That can only mean one thing: it's time for E3! Electronic Arts kicked the show off this morning with the first official press conference, and the big news was, as anticipated, Battlefield […]
Uber is looking to buy the bike-share company behind Citi Bike and Ford GoBike
Jun 09, 8:08PM
Uber is reportedly looking into buying Motivate, the company that makes Ford GoBike’s in the San Francisco Bay Area and Citi Bike over on the East Coast. This comes following reports of Lyft getting close to purchasing Motivate in a $250 million deal. Uber bought bike-share startup JUMP, a dockless, electric bike-share service, earlier this […]
How (and when) to watch the E3 2018 press conferences
Jun 09, 7:24PM
Sure, E3 doesn't actually officially start until Tuesday, but the big news kicks off this weekend. Here's a quick overview of some of the biggest new titles we expect to be shown off at press conferences from Sony, Microsoft and Nintendo, but there's a lot more to the show than just the big three. EA […]
Airbnb will now let people register as Open Homes emergency volunteers before a crisis hits
Jun 09, 6:40PM
Airbnb — the travel startup that lets individuals rent out private homes or rooms in private homes to people as an alternative to hotels — has racked up more than 17,000 nights in its Open Homes program, a voluntary effort where Airbnb hosts can offer their houses and rooms free of charge to people in […]
Silicon Valley scooter wars
Jun 09, 5:41PM
Electric scooters have become the hot new area for startups and “innovation.” For those who haven’t been keeping track, there are three main players in the Silicon Valley scooter wars: Bird, Lime and Spin. Bird first launched in Venice, Calif. before expanding into San Francisco in March. It’s worth pointing out that Bird, for now, is […]
Accenture wants to beat unfair AI with a professional toolkit
Jun 09, 5:00PM
Next week professional services firm Accenture will be launching a new tool to help its customers identify and fix unfair bias in AI algorithms. The idea is to catch discrimination before it gets baked into models and can cause human damage at scale. The “AI fairness tool”, as it’s being described, is one piece of […]
US startups off to a strong M&A run in 2018
Jun 09, 4:06PM
With Microsoft's $7.5 billion acquisition of GitHub this week, we can now decisively declare a trend: 2018 is shaping up as a darn good year for U.S. venture-backed M&A.
This box sucks pure water out of dry desert air
Jun 08, 11:58PM
For many of us, clean, drinkable water comes right out the tap. But for billions it's not that simple, and all over the world researchers are looking into ways to fix that. Today brings work from Berkeley, where a team is working on a water-harvesting apparatus that requires no power and can produce water even in the dry air of the desert. Hey, if a cactus can do it, why can't we?
TraceLink just landed $60 million more to eliminate counterfeit prescription drugs
Jun 08, 11:21PM
Just processed by the SEC on this bright Friday afternoon: TraceLink, a software-as-a-service platform for tracking pharmaceuticals and trying to weed out counterfeit prescription drugs in the process, has raised $60 million in Series D funding. The filing shows that 18 firms participated, including, presumably, Goldman Sachs, whose growth equity arm had led the company’s $51.5 million […]
Zoetrope effect could render Hyperloop tubes transparent to riders
Jun 08, 8:14PM
An optical illusion popular in the 19th century could make trips on the Hyperloop appear to take place in a transparent tube. Regularly spaced, narrow windows wouldn't offer much of a view individually, but if dozens of them pass by every second an effect would be created like that of a zoetrope, allowing passengers to effectively see right through the walls.
Why Microsoft wants to put data centers at the bottom of the ocean
Jun 08, 7:06PM
Earlier this week, Microsoft announced the second phase of Project Natick, a research experiment that aims to understand the benefits and challenges of deploying large-scale data centers under water. In this second phase, the team sank a tank the size of a shipping container with numerous server racks off the coast of the Orkney islands […]
Uber and Lyft apply for electric scooter permits in SF
Jun 08, 5:32PM
Uber and Lyft have officially put their respective names into the electric scooter competition. Uber and Lyft are among the 11 companies that applied to operate an electric scooter-sharing service within San Francisco city limits. The city, however, will only offer up to five companies permits to operate as part of a one-year test program. […]
IBM and the DoE launch the world's fastest supercomputer
Jun 08, 4:00PM
IBM and the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) today unveiled Summit, the department’s newest supercomputer. IBM claims that Summit is currently the world’s “most powerful and smartest scientific supercomputer” with a peak performance of a whopping 200,000 trillion calculations per second. That performance should put it comfortably at the top of […]
Airbnb creates $10M fund to cover cancelled reservations in Japan after regulatory shift
Jun 08, 3:40PM
Airbnb has been one of the breakthrough stories in the wave of shared-economy startups that have emerged out of Silicon Valley, with a valuation of $30 billion for its travellers platform that lets people book private homes as accommodations, as well as other services. But even so, it’s not immune to the force of regulation […]
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