Month: December 2018

Uber has been granted permission by the state of Pennsylvania to reinstate tests of its autonomous vehicles, as first reported by Reuters. A spokesperson for Uber confirmed to TechCrunch that the ride-hailing giant received a letter of authorization from the Pennsylvania Department of Transportation and clarified that the company has not yet resumed self-driving operations. Uber
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Mobile licensing changes made by Google this fall, when it tweaked terms for OEMs wanting to license its Android smartphone platform on devices destined for the European market, don’t appear to be offering succour to search rivals — despite being triggered by an antitrust ruling intended to reset the competitive playing field. The European Commission
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Our distinct skill sets and shortcomings mean people and robots will join forces for the next few decades. Robots are tireless, efficient and reliable, but in a millisecond through intuition and situational awareness, humans can make decisions machine can’t. Until workplace robots are truly autonomous and don’t require any human thinking, we’ll need software to supervise
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As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmissions speeds over further distances. As a premiere networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera
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Seismic has been helping companies create and manage their sales and marketing collateral since 2010. Today the company announced a $100 million Series E investment on a $1 billion valuation. The round was led by Lightspeed Venture Partners and T Rowe Price. Existing investors General Atlantic, JMI Equity and Jackson Square Ventures also participated in
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UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7BN. We’ve confirmed the valuation is $1.5BN before including the new capital raised. We’re also
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Russian efforts to influence U.S. politics and sway public opinion were consistent and, as far as engaging with target audiences, largely successful, according to a report from Oxford’s Computational Propaganda Project published today. Based on data provided to Congress by Facebook, Instagram, Google and Twitter, the study paints a portrait of the years-long campaign that’s
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TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups in the region. The fund was launched in 2016 and it is a joint effort between Australia-based venture fund Aura
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When in July of last year, Softbank’s Vision Fund led a whopping $200 million round in the Silicon Valley startup Plenty, investors behind a competing indoor farming startup across the country, New York-based Bowery, were left reeling. Just one month earlier, they’d closed on a round that brought Bowery’s total funding to $31 million. As
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Oracle filed suit in federal court last week alleging yet again that the decade-long $10 billion Pentagon JEDI contract with its single-vendor award is unfair and illegal. The complaint, which has been sealed at Oracle’s request, is available in the public record with redactions. If all of this sounds familiar, it’s because it’s the same argument the
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