Day: January 16, 2018

 Delivery logistics platform Bringg announced today it has raised another $12 million in Series B funding, bringing the total round to $22 million. The round, which follows the initial Series B from last spring includes new, strategic investment from automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer, and Salesforce Ventures. Previously, Bringg […]

 Diane Greene, who heads up Google’s cloud unit, often marvels at how much her company invests in Google Cloud infrastructure. It’s with good reason. Over the past three years since Greene came on board, the company has spent a whopping $30 billion beefing up the infrastructure. Today it announced three new undersea cables scheduled to […]

 “The app became too cluttered,” Facebook’s head of Messenger David Marcus announced today in a post of plans for 2018 including “massively simplifying and streamlining Messenger this year.” Between Messenger Day/Stories, its Snapchatty augmented reality camera, a bot Discover section, games, and more, Facebook had to build artificial intelligence “M… Read More Source: New feed

 Earlier this month, I wrote that crypto companies are going to become investors in 2018. I didn’t quite imagine that happening as quickly as mid-January, but here we are. Ripple, the fintech startup behind the controversial XRP token, has its first investment after it backed U.S.-based storage startup Omni through a $25 million round. Omni […]

 Instacart has today announced the acquisition of Unata, a Toronto-based company that offers a platform for both grocers and consumers to interact digitally. The terms of the deal were not disclosed. Unata’s product, unlike Instacart’s, is a white-label grocery platform, letting grocers anywhere create apps and websites for consumers to order products, complete with coupons,… […]

 Cloud providers love to brag about their customer wins and Amazon got a big one today when it announced that Comcast had chosen AWS as its preferred cloud provider. What does that mean exactly? Presumably Comcast is going to put the majority of its cloud workloads on AWS. In a time when Comcast is fighting […]

 Social Bicycles, now officially known as Jump Bikes, has just closed a $10 million Series A round led by Menlo Ventures with participation from Sinewave Ventures, Esther Dyson and others. “At Menlo Ventures, our investment team supports entrepreneurs who are on a mission to change the world—including, how consumers move through it,” Menlo Ventures Managing […]

 Lyft has a new report out detailing its ‘economic impact’ for 2017, and the document includes a lot of stats on its performance throughout the year. The ride-hailing provider claims 375.5 million rides for the year, which is 130 percent growth measured year-over-year. It served 23 million different passengers, itself a 92 percent YoY increase, […]

 After a big fundraise and subsequent reorganization last year at Coursera — which saw a change of CEO, as well as the departure of its COO, CFO, CMO and CPO (along with some 40 others) — the online education startup is today launching a new IT course with Google to underscore its message that the ship is […]

 Wichita police have arrested a 25-year-old online troll who calls himself SWAuTistic, charging him with involuntary manslaughter after sending police to a Kansas address. When police arrived at the address they opened fire on the resident, a father of two named Andrew Finch. SWAuTistic, real name Tyler Raj Barriss, could face 11 years in prison. […]