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New $71.3 billion Disney bid for Fox tops Comcast's
Jun 20, 9:21PM
In a (perhaps not so shocking) turn of events, the Walt Disney Company has reentered its tug-of-war with Comcast over the acquisition of Fox’s film and TV divisions with a new $71.3 billion bid today. This bid is not only $18.9 billion higher than its original bid in December but it has also changed its terms, which […]
California legislators stealthily 'eviscerate' state's net neutrality bill
Jun 20, 9:07PM
A group of legislators in California have sneakily but comprehensively "eviscerated" the state's imminent net neutrality bill, removing a huge amount of protections in a set of last-minute amendments. State Senator Scott Wiener called the hostile rework of the bill "outrageous."
Automakers are burning through billions in EV, AV race
Jun 20, 8:50PM
The race to develop autonomous and electric vehicles could be a race to the bottom for the automotive industry — at least in the near-term. A new global study by consulting firm AlixPartners paints an ominous forecast for automakers in the next few years, a toxic cocktail of big spending and lots of competition mixed […]
Trump signs an executive order to detain families together at the border indefinitely
Jun 20, 8:12PM
President Trump has signed an executive order to reverse a practice recently enacted by his own administration that resulted in the separation of children from their families at the border. The language of the executive order, titled “Affording Congress an Opportunity to Address Family Separation,” points blame at Congress, echoing Trump’s previous statements demanding that […]
Microsoft is buying AI startup, Bonsai
Jun 20, 7:40PM
If all of the big tech co's agree on one thing at the moment, it's that artificial intelligence and machine learning point the way forward for their businesses. As a matter of fact, Microsoft is about to acquire Bonsai, a small Berkeley-based startup it hopes to make the centerpiece of its AI efforts. The company […]
Oracle could be feeling cloud transition growing pains
Jun 20, 7:02PM
Oracle is learning that it’s hard for enterprise companies born in the data center to make the transition to the cloud, an entirely new way of doing business. Yesterday it reported its earnings and it was a mixed bag, made harder by changing the way the company counts cloud revenue. In its earnings press release […]
Tiller raises $13.9 million for its modern cash register
Jun 20, 6:55PM
French startup Tiller has raised a $13.9 million Series B round (€12 million) from Ring Capital. Omnes Capital and existing investors 360 Capital Partners also participated in today's funding round. The company has been working on a cash register that works better than your clunky touchscreen from ten years ago. Tiller is working on a […]
In a push into Europe, WeWork competitor Knotel acquires Ahoy!Berlin
Jun 20, 6:28PM
Coworking and flexible office space has become a hot business in the last few years, as attested by the rise and rise of WeWork. Startups and entrepreneurs needed flexible working space that could flex up and down as their companies changed. The days of signing a 5-year lease were very, very over. But others have […]
Google Play now makes it easier to manage your subscriptions
Jun 20, 6:24PM
Mobile app subscriptions are a big business, but consumers sometimes hesitate to sign up because pausing and cancelling existing subscriptions hasn’t been as easy as opting in. Google is now addressing those concerns with the official launch of its subscription center for Android users. The new feature centralizes all your Google Play subscriptions, and offers […]
Instagram hits 1 billion monthly users, up from 800M in September
Jun 20, 5:58PM
Instagram’s meteoric rise continues, dwarfing the stagnant growth rates of Snapchat and Facebook. Today Instagram announced that it has reached 1 billion monthly active users, after passing 800 million in September 2017 with 500 million daily users. That massive audience could be a powerful draw for IGTV, the longer-form video hub it’s launching for creators […]
Sesame Workshop will produce children's shows for Apple
Jun 20, 5:58PM
Sesame Workshop, the nonprofit organization behind beloved public television series Sesame Street, will be creating children’s TV programs for Apple . The partnership will involve multiple shows, including live action and animated series, as well as a show with puppets. The deal does not include Sesame Street. I’m guessing that many (most? all?) of you […]
Instagram launches IGTV app for creators, 1-hour video uploads
Jun 20, 5:48PM
Instagram is ready to compete head-on with YouTube. Today at a flashy event in San Francisco, the company announced it will begin allowing users to upload videos up to one hour in length, up from the previous one-minute limit. And to house the new longer-form videos from content creators and the general public, Instagram is […]
Tesla sues former employee for $1 million over trade secret theft
Jun 20, 5:35PM
Tesla is suing a former employee for $1 million, alleging the man hacked the company's confidential and trade secret information and transferred that information to third parties, according to court documents. The lawsuit also claims the employee leaked false information to the media. The lawsuit against the former process technician Martin Tripp was filed Wednesday […]
AMC's MoviePass competitor arrives June 26
Jun 20, 5:31PM
It was just a matter of time before AMC went head to head with MoviePass. After all, the two companies have been at odds for some time. Back in January, MoviePass dropped out of 10 of the theater chain's highest traffic theaters in what was seen as a negotiating tactic. But AMC had no interest in […]
Stensul raises $7M to make email creation easier for marketers
Jun 20, 5:05PM
Email marketing startup Stensul is announcing that it has raised $7 million. Stensul spun out of founder and CEO Noah Dinkin’s previous company FanBridge. Dinkin explained via email that the startup isn’t competing with the big email service providers — in fact, it integrates with ESPs including Salesforce Marketing Cloud, Oracle Marketing Cloud, Adobe Marketing […]
Mobile website creator Universe nabs $4 million Series A
Jun 20, 4:45PM
The small team behind Universe, an iOS app which allows users to build modular, simple websites in a minute or two, has scored some new funding as it looks to grow its operations and its ambitions. The startup has closed a $4 million Series A investment from Javelin Venture Partners, General Catalyst, Y Combinator, Box […]
Beamery closes $28M Series B to stoke support for its 'talent CRM'
Jun 20, 4:30PM
Beamery, a London-based startup that offers self-styled “talent CRM”– aka ‘candidate relationship management’ — and recruitment marketing software targeted at fast-growing companies, has closed a $28M Series B funding round, led by EQT Ventures. Also participating in the round are M12, Microsoft's venture fund, and existing investors Index Ventures, Edenred Capital Partners and Angelpad Fund. Beamery last […]
Bose gets into the business of sleep
Jun 20, 4:03PM
You know you've got a problem sleeping when someone tells you that 35-percent of US adults aren't get seven hours of sleep a night, and the number sounds remarkably low. I'm not a good sleeper. I never have been, and I'm a sucker for any gadget that comes along promising to make things better. Sleep […]
New system connects your mind to a machine to help stop mistakes
Jun 20, 4:01PM
How do you tell your robot not do something that could be catastrophic? You could give it a verbal or programmatic command or you could have it watch your brain for signs of distress and have it stop itself. That’s what researchers at MIT’s robotics research lab have done with a system that is wired […]
Facebook tests 'subscription Groups' that charge for exclusive content
Jun 20, 4:00PM
Facebook is starting to let Group admins charge $4.99 to $29.99 per month for access to special sub-Groups full of exclusive posts. A hand-picked array of parenting, cooking and “organize my home” Groups will be the first to get the chance to spawn a subscription Group open to their members. During the test, Facebook won’t be […]
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