Furlenco’s new “Pod” might just be the most outrageous product hitting the market this holiday season. The Bangalore, India based furniture rental startup has always had a penchant for targeting the millennial subset, but this is something else entirely — because as any 20-something knows, adding a bed to things makes …
Read More »HTC may stop selling flagship phones in the US
HTC launched the first two Android smartphones as part of a close partnership with Google back in 2008 and 2009, and for a time it was one of the top Android device makers. It was later eclipsed by Samsung, LG, and more recently Chinese firms like Huawei. After struggling recently, …
Read More »Everyone got into the tech M&A game in 2016
Neither public markets nor tech giants offered any solace in 2016 for the ever-growing list of private unicorns. There are 180 tech companies circling the runway with valuations over $1 billion, the most in history. While interest in an all-expenses paid trip to the NYSE valuation guillotine was at an …
Read More »The 12 largest Series B rounds of 2016
Let’s face it, if you’re an investor, you were probably priced out of these insanely large rounds. If you’re a founder, you’re swooning at the mere prospect of making such a statement. But no matter who you are, a lot can be gleaned from analyzing investment trends. Looking at B rounds provides …
Read More »Microsoft’s plan to use machine learning to improve eyecare in India
Competition that results in better care for people suffering from visual impairments is the right kind of competition. Following a path similar to that of Google’s DeepMind, Microsoft India announced this morning that it’s launching a new research group, the Microsoft Intelligent Network for Eyecare, to bring data-driven eyecare services to India. …
Read More »The U.S. Navy is using drone boat swarms to keep harbors safe
The U.S. Navy is testing a team of drone boats to protect harbors here and abroad. The boats, which are basically autonomous versions of the Rigid Hull Inflatable, are connected to a AI routing system called CARACaS. In original 2014 tests the boats worked separately to protect ships in a …
Read More »Tim Cook explains to Apple employees why he met with President-elect Trump
In a series of answers to questions posted on Apple’s internal employee info service Apple Web today, CEO Tim Cook commented to employees on some hot-button topics. We obtained some of the answers to interesting questions about a few topics, including the fate of the Mac — but more on that …
Read More »The 10 largest Series B rounds of 2016
Let’s face it, if you’re an investor, you were probably priced out of these insanely large rounds. If you’re a founder, you’re swooning at the mere prospect of making such a statement. But no matter who you are, a lot can be gleaned from analyzing investment trends. Looking at B rounds provides …
Read More »Airbnb authorizes $153 million more funding
A new Delaware filing for Airbnb, identified by CB Insights, suggests that the travel service has authorized another $153 million in Series F shares. This implies that they might be raising an extension to their financing $555 million round from a few months back. The filing prices the shares at …
Read More »Eaze CEO steps down
Keith McCarty, founder of the well-funded pot delivery startup Eaze, is stepping down from his position as CEO. Instead, the startup’s chief product and technology officer Jim Patterson will take on the role and McCarty will remain on the board of directors “as a strategic advisor on company growth,” says …
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