Tag Archives: million

Amazon passes 100 million paid Prime members

Jeff Bezos is understandably all sorts of self-congratulatory in the annual shareholder letter Amazon released today. The note is full of all manner of large numbers, including, perhaps most notably, 100 million. Amazon has exceeded that number of Prime subscribers globally, 13 years after the service launched as a free shipping offering. It’s no surprise, really. In spite of some ...

Read More »

Another day, another $50 million ICO exit scam

Savedroid, a German company that purportedly raised $ 50 million in ICO and direct funding, has exited with a bang. The site is currently displaying the above image and the founder — one Dr. Yassin Hankir — has posted a tweet thanking investors and saying “Over and out.” A reverse image search found Hankir’s photo on this page for Founder ...

Read More »

New York’s programming ed tech startup, General Assembly, sells to Adecco for $413 million

The European human resources services company Adecco Group said that is acquiring the New York-based, programming, design, and management training startup General Assembly for $ 413 million. With the acquisition, Adecco adds to its ability to provide job training and re-skilling services for businesses. It’s proof that General Assembly’s own business has come a long way since its early days ...

Read More »

Apple Music hits 40 million subscribers as it accelerates towards surpassing Spotify, report says

Apple Music is continuing its upward climb in subscriber count, quickening its pace as it seeks to overtake Spotify in the battle for users’ ears. The music streaming service now has 40 million subscribers, a report today from Variety claims. We have reached out to Apple for confirmation. The service still has a ways to go before it surpasses Spotify, which ...

Read More »

Blackout: US military spent $60 million on Afghanistan power lines to nowhere

The US military spent $ 60 million on a new section of power grid in Afghanistan’s northeast. It doesn’t work and may even put residents at risk, according to a report from the US government’s reconstruction watchdog. While the power lines have been built, the Special Inspector General for Afghanistan Reconstruction (SIGAR) found that mismanagement by the Army Corps of ...

Read More »

Making policing more responsive, SPIDR Tech raises $2.5 million

Across the country, police brutality and the series of fatal shootings of mostly black men have soured many on the role that police officers play in the community. To combat those negative assessments, police forces are turning to an array of new technologies, such as body cameras, new communications technologies and social media monitoring services to (ostensibly) become more accountable ...

Read More »

Scotty Labs raises $6 million for remote-controlled autonomous car platform

Scotty Labs, a tele-operations company that is working on technology to enable people to remotely control self-driving cars, has raised a $ 6 million seed round from Gradient Ventures with participation from Horizon Ventures and Hemi Ventures. Gradient Ventures is an early-stage venture fund housed within Google. “Usman and I founded Scotty on the belief that human intelligence is critical ...

Read More »

Hong Kong’s massive cash giveaway: 2.8 million citizens to get $510 each

The government of Hong Kong has announced its decision to share the city’s record $ 18 billion surplus with more than one-third of its residents. “[We are] trying to cover more people who may not directly benefit from the budget,” said Financial Secretary Paul Chan Mo-po at a press conference on Friday. According to him, the handout was meant for ...

Read More »

Bose is carving out $50 million for startups using its new audio-focused AR tech

The high-end audio technology company Bose is getting into the augmented reality game with a new product and a $ 50 million fund devoted to startups that will develop services for its new platform. While most of the industry is focused on a visually augmented experience, Bose is most concerned with the intersection of sound and vision. The Bose AR prototype, ...

Read More »

Apple Music now has 38 million paid members

Here’s another tidbit from Eddy Cue’s content-packed SXSW appearance yesterday. Along with a dive into Apple’s video content strategy, the company’s SVP offered up some insight into the health of its music streaming service. Cue noted that Apple Music has hit 38 million paid subscribers — an increase of two million since the company reported last month. It’s a steady ...

Read More »
Show Buttons
Hide Buttons
error: Content is protected !!