Day: February 11, 2020

Companies like Apple, Amazon and Google do not always disclose every acquisition they make, especially when the companies in question are little fish in the tech big pond, but in aggregate, all that M&A could pose bigger questions about how they are using their financial power and market influence in anticompetitive ways. That idea is […]

Infosys is a huge consulting organization based in India, which works with clients as they implement complex software integrations. Today, the company announced it was buying Simplus, a Salesforce integration consultant, for $250 million. The company, which is based in Salt Lake City, Utah, launched in 2014 and has raised almost $50 million, according to […]

German fintech startup N26 is shutting down its operations in the U.K. Customers who have opened a bank account in the U.K. will have to transfer their deposits, spend everything with their card or withdraw money at an ATM as all accounts will be automatically closed on April 15, 2020. Many European fintech companies take […]

Two years after getting a $100 million commitment from 21st Century Fox to build a mobile-based live streaming platform that could compete with Twitch, the startup Caffeine has scored another coup by partnering with the biggest name in music — Drake. With buying power of Fox (now owned by The Walt Disney Co.), a Murdoch […]

Robotics, AI and automation are the future of business. This much seemingly everyone can agree on. Finding the resources to implement these technologies, on the other hand, is a different question entirely. Resource strapped startups and even established companies with sufficient know-how may find it difficult to adapt to changing technologies. NVIDIA’s VP of Engineering […]

At its Microsoft 265 Developer Day, Microsoft today debuted a number of new tools for developers who want to adapt their application to Windows 10X, the company’s version of Windows for dual-screen devices. The highlight here is the launch of a Windows 10X emulator, which allows developers to preview what their applications will look like […]

Free streaming service Tubi is growing. The company announced today it reached 25 million monthly active users as of December, up from the 20 million it reported in mid-2019. In addition, it claims users watched 163 million hours in December, up 160% year-over-year. The company says markets outside the U.S. saw significant growth in 2019, […]

Alpha Foods, the vegetarian prepared food manufacturer, has raised $28 million in financing for its portfolio of vegetarian burritos, tamales, nuggets, pizzas, burgers, patties, and sausages. The Glendale, Calif.-based company was launched by Loren Wallis, the founder of the dairy substitute, Good Karma Foods, and Cole Orobetz, a former director with the agricultural debt lending […]

As the number of IoT devices proliferate, and machines conduct transactions with machines without humans involved, it becomes increasingly necessary to have a permissionless system that facilitates this kind of communication in a secure way. Enter the IOTA Foundation, a Berlin-based open-source distributed ledger technology (DLT) project, which has hooked up with the Eclipse Foundation […]