Tech News

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Lime is doing the most right now. In light of the San Francisco Municipal Transportation Agency denying Lime a permit to operate electric scooters in the city, Lime is gearing up to request a temporary restraining order. “Lime believes that after selecting two other less experienced electric scooter companies and comparatively weaker applications in a process that
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SmileDirectClub, the at-home teeth-straightening startup, has just raised $380 million at a $3.2 billion valuation, the company announced today. Investors from Clayton, Dubilier & Rice led the round, which featured participation from Kleiner Perkins and Spark Capital. This funding comes on top of Align Technology’s $46.7 million investment in SmileDirectClub in 2016, and another $12.8 million investment
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Accion Systems, the startup aiming to reinvent satellite propulsion with an innovative and tiny new thruster, has attracted significant investment from Boeing’s HorizonX Ventures. The $3 million round should give the company a bit of breathing room while it continues to prove and improve its technology. “Investing in startups with next-generation concepts accelerates satellite innovation,
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Tech startups have found all kinds of ways to lend money to people who have either too little or not very good credit. The approach of a nearly two-year-old, 15-person San Francisco-based startup called Divvy Homes is among the more creative we’ve seen, even while we question (for now) whether it’s good for potential customers.
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French speaker maker Devialet is arguably manufacturing some of the best sounding all-in-one speakers on the market, but they’ve always been too expensive for the average customer. With the Phantom Reactor, the company is releasing a cheaper speaker that still sounds great. At $999 (or €990/£990), Devialet is going for a wider audience of music
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Apple, Amazon and Microsoft have already held their big fall events — and now it’s Google’s turn. Over the past couple of years, the October event has become an increasingly important platform, as the company continues to press into various hardware categories. And really, it’s Google’s last chance to make a big splash ahead of
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Amazon has sold a lot of Echo Dots. Like a crazy, silly, unfathomable number of the things. Over the past two generations, it has arguably become the single-largest driver of the smart speaker craze. There’s nothing exceptional about the product, of course. It’s a simply designed hockey puck of a product, designed to mostly stay
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VC firms haven’t been the only ones raising hundreds of millions of dollars to invest in a booming market. After 15+ years of being the last industry anyone wanted to invest in, the music industry is coming back, and money is flooding in to buy up the rights to popular songs. As paid streaming subscriptions
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At a Senate hearing this week in which US lawmakers quizzed tech giants on how they should go about drawing up comprehensive Federal consumer privacy protection legislation, Apple’s VP of software technology described privacy as a “core value” for the company. “We want your device to know everything about you but we don’t think we should,” Bud
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Lyft has released its second annual diversity report outlining the gender and racial breakdown of its 4,000-person workforce. At a glance, little has changed from last year’s report, which was the first time the $15 billion ride-hailing company disclosed its diversity stats. Forty percent of Lyft’s workforce is female, a slight decrease from last year’s 42 percent,
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WikiLeaks has a new top dog. Its contentious figurehead and founder Julian Assange will step aside, letting former WikiLeaks spokesperson Kristinn Hrafnsson take the reins due to what WikiLeaks calls “extraordinary circumstances” that have seen Assange “held incommunicado.” Assange created the organization in 2006 and has served as its editor-in-chief ever since. Hrafnsson, an Icelandic
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Disrupt Berlin 2018, Europe’s most exciting tech conference, takes place on November 29-30 and plays host to hundreds of early-stage startups and thousands of attendees. We’re talking boundary-pushing founders, investors, hackers and tech leaders. Not to mention legendary events like Startup Battlefield, the startup competition that’s launched more than 750 companies. Does your early-stage startup have