Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the Chinese e-commerce giant led a $1.1 billion round last year, while SoftBank recently transitioned its shareholding in Tokopedia to […]
Posted on: 11 December 2018 | 10:11 pm
A building in Facebook’s Menlo Park campus was evacuated after a bomb threat early Tuesday evening. Around 5PM, the Menlo Park police department warned people to avoid the area around the 200 block of Jefferson Drive as they investigated a bomb threat. Then they said 200 Jefferson Drive, the address of Facebook Building 24 and […]
Posted on: 11 December 2018 | 10:02 pm
Two years ago, a couple of VCs from Shea Ventures, a 50-year-old, L.A. -based investment firm, banded together to create a Pasadena, Ca.-based early stage venture firm called Calibrate Ventures. Investors clearly like what they’re building. Firm founders Kevin Dunlap and Jason Schoettler are today announcing that they have closed their debut effort with $80 […]
Posted on: 11 December 2018 | 8:31 pm
Wix is taking a big step beyond website building today with the launch of a suite of products called Ascend. PR Manager Matt Rosenberg explained that just as Wix was founded with the aim of “demystifying and democratizing how you get online,” Ascend has a similar mission: “You don’t have to be a developer and […]
Posted on: 11 December 2018 | 6:08 pm
Instead of a standard based on wealth, or even knowledge -- one based on users’ contributions of time and attention.
Posted on: 11 December 2018 | 6:00 pm
"I want The Riveter to be the place people think of when they think of women and work," says its CEO Amy Nelson.
Posted on: 11 December 2018 | 5:31 pm
Internet users are already being tracked to death, with ads that follow us around, search histories that are collected and stored, emails that report back to senders when they’ve been read, websites that know where you scrolled and what you clicked and much more. So naturally, the growing podcast industry wanted to find a way […]
Posted on: 11 December 2018 | 5:27 pm
Almost one year after a California judge dismissed Apartment Investment & Management Company’s lawsuit against Airbnb, both companies have agreed to settle all of their disputes. Aimco, which owns or manages 50,000 properties, had filed lawsuits in both California and Florida state courts, seeking monetary damages as well as court orders to stop Airbnb from […]
Posted on: 11 December 2018 | 5:19 pm
When Dell voted to buy back the VMware tracking stock and go public again this morning, you had to be wondering what exactly the strategy was behind these moves. While it’s clearly about gaining financial flexibility, the $67 billion EMC deal has always been about setting up the company for a hybrid and private cloud […]
Posted on: 11 December 2018 | 5:03 pm
Tesla CEO Elon Musk has floated the idea for an all-electric pickup truck numerous times in the past two years. Now, he’s back at it, this time with a teaser that Tesla might have a prototype to unveil in 2019. Musk mentioned on Twitter the desire to produce a pickup truck way back in April […]
Posted on: 11 December 2018 | 5:03 pm
There's lots of research going into tiny drones, but one of the many hard parts is keeping them in the air for any real amount of time. Why not hitch a ride on something that already flies all day? That's the idea behind this project that equips bumble bees with sensor-filled backpacks that charge wirelessly and collect data on the fields they visit.
Posted on: 11 December 2018 | 4:35 pm
The investment bank is said to be leading Uber's IPO, expected in the first quarter of 2019. JPMorgan, meanwhile, has reportedly been hired to lead Lyft's offering.
Posted on: 11 December 2018 | 3:55 pm
The question of how self-driving cars will interact and communicate with humans is one that has come up before, but the answer is still up in the air. Google has been looking into this at least since 2012, and earlier this year, Uber filed a patent for using flashing lights and sounds to talk to […]
Posted on: 11 December 2018 | 3:49 pm
Google may have evaded the first few rounds of grill-a-tech-exec, but its CEO Sundar Pichai wound up in the hot seat on the Hill after all. Pichai appeared today, weathering a three-and-a-half-hour hearing solo with no competitors to offload congressional ire onto. To his credit, Pichai performed very well. Instead of adopting Facebook’s flavor of […]
Posted on: 11 December 2018 | 3:37 pm