Investors may not be done shoveling money into Magic Leap’s augmented reality ambitions quite yet. The Plantation, Florida-based startup is reportedly in talks with Singapore-based Temasek Holdings to raise upwards of $500 million, valuing the AR company at around $6 billion, Bloomberg reports. Sources also told Bloomberg that Magic Leap will likely begin shipping devices
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There’s a new czar running Facebook’s developer platform tools. Because Facebook’s classifieds feature Marketplace is growing, it will now command the full attention of Deb Liu, who previously ran Platform. She’s now formally the VP of Marketplace. Eddie O’Neil, a six-year Facebook employee who was a director of product management after coming from Salesforce engineering,
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A couple of years after participating in TechCrunch’s Startup Battlefield, YayPay is raising $5.3 million from QED Investors, Birchmere, Fifth Third Capital, as well as 500 Fintech Fund, Aspect Ventures, Gaingels, Techstars and Zelkova. YayPay is trying to optimize the workflows in your company’s finance department. In particular, too many mid-sized companies waste a ton
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Apttus, the unicorn quote-to-cash vendor built on the Salesforce platform, announced a $55 million round, which is likely its final private investment on the way to an IPO. While CEO Kirk Krappe wouldn’t definitively confirm the company was going public, he did say that today’s round was about gaining the confidence of future investors. “We
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While Tampa Bay residents are beginning the process of removing the sandbags from their homes and getting back to the business of daily living in the aftermath of Hurricane Irma, the city’s multi-millionaire real estate developer, Jeff Vinik, is busy with plans of his own. Last year, Vinik and Bill Gates’ Cascadia fund jointly acquired
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Facebook wants content creators to earn money, but not at the expense of the family friendly social network it’s built, or the integrity of its advertising clients. So today Facebook established formal rules for what kinds of content can’t be monetized with Branded Content, Instant Articles, and mid-roll video Ad Breaks. These include depictions of
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Zomato, the global restaurant guide and food on-demand service, has made an acquisition to shore up its delivery business on home turf after it completed a deal for Runnr. The acquisition has been rumored since May and is much-anticipated, as Zomato CEO Deepinder Goyal himself acknowledged in an announcement. The all-stock deal was previously pegged
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