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SAP agrees to buy Qualtrics for $8B in cash, just before the survey software company's IPO
Nov 12, 3:40AM
Enterprise software giant SAP announced today that it has agreed to acquire Qualtrics for $8 billion in cash, just before the survey and research software company was set to go public. The deal is expected to be completed in the first half of 2019. Qualtrics last round of venture capital funding in 2016 raised $180 […]
Alibaba made a smart screen to help blind people shop and it costs next to nothing
Nov 12, 3:25AM
Just a few years ago, Li Mengqi could not have imagined shopping on her own. Someone needed to always keep her company to say aloud what was in front of her, who’s been blind since birth. When smartphones with text-to-speech machines for the visually impaired arrived, she immediately bought an iPhone. “Though it was expensive,” […]
Travel startups are taking off
Nov 12, 12:06AM
The second wave of Internet-era travel companies has captured the attention of venture capitalists.
In venture capital, it's still the age of the unicorn
Nov 11, 11:30PM
Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee's landmark article, "Welcome To The Unicorn Club". At the time, the piece defined […]
A tale of two scooter cities
Nov 11, 10:32PM
The kids in Madrid’s El Retiro Park are loving their new on-demand joyriding toys. Lime launched its scooters in the Spanish capital this summer. Spending a weekend in the city center last month the craze was impossible to miss. Scooters parked in clusters vying for pay-to-play time. Sometimes lined up tidily. All too often not. […]
Microsoft adds RPG makers InXile and Obsidian to Xbox developer stable
Nov 11, 9:15PM
Microsoft is continuing to invest in a broad spectrum of developers for its Xbox gaming ecosystem with the acquisition of Obsidian and InXile, makers of complex RPGs primarily aimed at PC users. The two studios will join four others snatched up in June, significantly bolstering Xbox's first-party development resources.
Facebook Portal needs more. At least it just added YouTube
Nov 11, 9:03PM
To offset the creepiness of having Facebook's camera and microphone in your house, its new Portal video chat gadget needs best-in-class software. Its hardware is remarkably well done, plus Messenger and the photo frame feature work great. But its third-party app platform was pretty skimpy when the device launched this week. Facebook is increasingly relying […]
Facebook simulates itself up a better, more gradual product launch
Nov 11, 7:23PM
When you're launching a new social media product, like an image-sharing app or niche network, common wisdom is to make it available to everyone as soon as it's ready. But simulations carried out by Facebook — and let's be honest, a few actual launches — suggest that may be a good way to kneecap your product from the start.
Alibaba sets new Singles' Day record with $31B in sales, but growth is slowing
Nov 11, 6:14PM
Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – a measure for the dollar value of total transactions – at a staggering $30.8 billion, although the company recorded its lowest-ever […]
How issues of microtransit, congestion and parking are closing in on cities
Nov 11, 4:10PM
Earlier this week in a new experimental newsletter I've been helping Danny Crichton on, we briefly discussed transit pundit Jarrett Walker's article in The Atlantic arguing against the view that ridesharing and microtransit will be the future of mass transit. Instead, his thesis is that a properly operated and well-resourced bus system is much more […]
Bubble lets you create web applications with no coding experience
Nov 11, 3:24PM
Meet Bubble a bootstrapped startup that has been building a powerful service that lets you create a web application even if you don't know how to code. Many small and big companies rely on Bubble for their website. I have to say I was quite skeptical when I first heard about Bubble. Many startups have […]
Placing bets beyond the venture hubs of New York and Silicon Valley
Nov 11, 2:30PM
Roy Bahat Contributor Share on Twitter Roy Bahat is the head of Bloomberg Beta. More posts by this contributor For founders and investors, it’s time for some ‘real talk’ about money Who will find the first silver unicorn? Shauntel Garvey Contributor Share on Twitter Shauntel Garvey is a co-founder and general partner at Reach Capital. […]
Mattereum, perhaps the world's weirdest and most daring startup, intends to own literally everything
Nov 11, 2:00PM
How’s this for eyebrow-raising? In London, for the last year and a half, a team of lawyers, cryptographers, software engineers, and/or former military consultants have been brewing a bizarre and/or brilliant plan for a bridge between the blockchain and the real world — a system whose success is directly proportional to the extent to which […]
Cloudflare rolls out its 1.1.1.1 privacy service to iOS, Android
Nov 11, 1:00PM
Months after announcing its privacy-focused DNS service, Cloudflare is bringing 1.1.1.1 to mobile users. Granted, nothing ever stopped anyone from using 1.1.1.1 on their phones or tablets already. But now the app, now available for iPhones, iPads and Android devices, aims to make it easier for anyone to use its free consumer DNS service. The […]
Nested, the online estate agent that makes home sellers 'chain-free', raises further £120M
Nov 11, 8:00AM
Nested, the London-based “data-driven” estate agency that provides a cash advance to help you buy a new home before you've sold your old one, has raised a further £120 million in funding. The new round is a mixture of equity and debt: £20 million and £100 million, respectively. Leading the equity round is Northzone, and […]
Xbox One will work with keyboard and mouse as of November 14th, starting with Fortnite
Nov 11, 12:49AM
We knew the Xbox One was set to get keyboard and mouse support eventually, but now we know exactly when.
The top 10 cities for $100M VC rounds in 2018 so far
Nov 10, 5:09PM
Crunchbase News recently profiled a selection of U.S. companies' largest VC raised in 2018, and no surprise here: the 10 largest rounds all topped out well north of $100 million.
Growing pains at venture-backed Moogsoft lead to layoffs
Nov 10, 12:41AM
Moogsoft has laid off 30 employees and completed two C-suite hires. Its new COO Amer Deeba recently resigned from Qualys following SEC charges of insider trading.
Can the startup building a Fortnite for VR become the Fortnite of VR?
Nov 10, 12:35AM
Virtual reality hasn’t proven itself to be the lucrative escape of the every-man, but the medium has done a fairly good job enticing the gaming community and keeping that niche (mostly) happy. While a couple of big titles have gotten some halfway-decent ports to VR, for the most part VR users are confined to whatever […]
Gift Guide: The best security and privacy tech to keep your friends safe
Nov 09, 11:53PM
Libertarian on lockdown? Privacy minded or paranoid? Security is more front of mind today than ever before. If it’s not a company vacuuming up your data or nation states trying to hack your email, it’s your own “opsec” that needs a refresh. For this holiday season, we have more than a dozen gift ideas — […]
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