Tech News

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Facebook plans to make a significant investment in local news over the next three years, with $300 million going to a variety of initiatives and organizations. The company has had a rocky relationship with news publishers recently. While it’s funded programming from partners like CNN and Fox News, it’s also played a role in some
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Tim Merel Contributor More posts by this contributor Chinese investment into computer vision technology and AR surges as U.S. funding dries up The Reality Ecosystem: What AR/VR/XR needs to go big The future of AR/VR could be bright, but only if it moves beyond where it is today. 2018 was the first of what look
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Investors are still pouring millions into scooter startups, albeit sometimes at flat valuations. At the same time a little cash is flowing the other way, in cases where cities have realized the importance of prioritizing the needs of the local environment and its citizens, over and above the ambitions of VCs for a swift and lucrative
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Romero Rodrigues Contributor More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant victory for Jair Bolsonaro in Brazil’s presidential elections, the stock market for Latin America’s largest country shot up. Financial
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This week, the Las Vegas Convention Center was packed with many of the year’s biggest new devices. But over the last several years, The Sands has become the place where the real magic happens. The segment of the show known as Eureka Park is where the startups and accelerators congregate, often times showing off products
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The personal details belonging to more than 202 million job seekers in China, including information like phone numbers, email addresses, driver licenses and salary expectations, were freely available to anyone who knew where to look for as long as three years due to an insecure database. That’s according to findings published by security researcher Bob Diachenko
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An intriguing new startup is out from under the radar in Southeast Asia after BasisAI, a Singapore-based company, revealed itself this week. The startup disclosed a seed investment from two prestigious investors in the region and some impressive credentials to back it up. Started by twin brothers Linus and Silvanus Lee and Liu Feng-Yuan — all Singapore
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Scape Technologies, a London-based computer vision startup, is de-cloaking today to announce that it has raised $8 million in seed fund and launching the first iteration of its “Visual Positioning Service,” which lets developers build apps that require location accuracy far beyond the capabilities of GPS alone. The technology will initially target augmented reality apps,
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Yoav Leitersdorf Contributor More posts by this contributor Trends in Israel’s cybersecurity investments The drone race is off and running, with Israel in the lead Ofer Schreiber Contributor More posts by this contributor Trends in Israel’s cybersecurity investments The drone race is off and running, with Israel in the lead 2018 saw a spate of
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Gousto, the U.K. cook-at-home meal kit service that competes most directly with HelloFresh, has raised a further £18 million in funding. The round is backed by Instagram “health influencer” Joe Wicks, along with existing investors Unilever Ventures, Hargreave Hale, BGF Ventures, MMC Ventures, and Angel CoFund. The new funding brings the total raised by Gousto
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Cruise is partnering with DoorDash to pilot food and grocery delivery in San Francisco using self-driving vehicles. The companies announced Thursday that the testing program will begin in early 2019 with an initial focus on the San Francisco market. “Delivery is a significant opportunity for Cruise as we prepare to commercialize our autonomous vehicle technology and
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New York-based venture capital firm Union Square Ventures (USV) has submitted paperwork to the U.S. Securities and Exchange Commission indicating a $429 million fundraise across two new vehicles. Founded in 2003 by Fred Wilson (pictured) and Brad Burnham, USV has supported high-flying companies including Twitter, Tumblr, Etsy and, more recently, Carta and Coinbase. The firm
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Just in time for the new year, a report from New Marketshare puts Windows 10 in the top spot for desktop operating systems. It’s the first time Microsoft’s OS took the top spot since hitting the market three and a half years ago. At 39.22 percent of the market, Windows 10’s rise isn’t an overnight
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After a limited rollout, Go-Jek said today that it will extend its ride-hailing service to all of Singapore tomorrow while continuing its beta phase. The Indonesian-based company began offering rides in Singapore at the end of November, but only for passengers riding to and from certain areas. It https://www.straitstimes.com/singapore/transport/gojek-introduces-dynamic-pricing-move-will-likely-attract-more-drivers-to-joinintroduced dynamic pricing there, which increases prices
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My parents are approaching 60. When they were young, they hung out at diners, or drove around in their cars. My generation hung out in the parking lot after school, or at the mall. My colleague John Biggs often talks of hanging out with his nerd buddies in his basement, playing games and making crank