Tag Archives: Startup

The future of personal aviation? Startup unveils ‘safe & affordable flying car’ (VIDEOS)

A Silicon Valley startup has unveiled an all-electric flying vehicle that can travel up to 25 miles at a speed of 62 mph. Known as the BlackFly, the aero car requires no special skills to operate and no formal licensing in the US. The futuristic-looking personal aviation vehicle designed purely for consumer needs was developed at the Silicon Valley-based Opener, ...

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Twitter buys a startup to battle harassment, e-cigs are booming, and a meditation app is worth $250M

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week TechCrunch’s Silicon Valley Editor Connie Loizos and I jammed out on a couple topics as Alex Wilhelm was out managing his fake stock game spreadsheets or something. (The jury is out on whether this was a good or bad thing.) First ...

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Microsoft is buying AI startup, Bonsai

If all of the big tech co’s agree on one thing at the moment, it’s that artificial intelligence and machine learning point the way forward for their businesses. As a matter of fact, Microsoft is about to acquire Bonsai, a small Berkeley-based startup it hopes to make the centerpiece of its AI efforts. The company specializes in reinforcement learning, a ...

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TechCrunch’s Startup Battlefield is coming soon to Beirut, São Paolo and Lagos

Everyone knows there are thriving startup communities outside of obvious hubs, like San Francisco, Berlin, Bangalore and Beijing, but they don’t always get the support they deserve. Last year, TechCrunch took a major page from its playbook, the Startup Battlefield competition, and staged the event in Nairobi, Kenya to find the best early stage startup in Sub-Saharan Africa, and also ...

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Founder of ‘revolutionary’ blood-testing startup Theranos charged with fraud

Elizabeth Holmes, founder and CEO of the blood-testing health technology company Theranos, and her business partner, have been indicted on charges of wire fraud and of defrauding investors, patients and doctors. Holmes and former Theranos COO Ramesh “Sunny” Balwani were charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud, said the Acting United ...

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Workday acquires financial modelling startup Adaptive Insights for $1.55B

Workday, the cloud-based platform that offers HR and other back-office apps for businesses, is making an acquisition to expand its portfolio of services: It’s buying Adaptive Insights, a provider of cloud-based business planning and financial modelling tools, for $ 1.55 billion. The acquisition is notable because Adaptive Insights had filed for an IPO as recently as May 17. Workday says ...

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PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $ 2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $ 125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government with over $ ...

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Amazon leads $12M investment in India-based digital insurance startup Acko

Amazon appears to be restarting its funding efforts in India after Acko, the digital insurance startup in India, confirmed that the U.S. retail giant led a new round of funding for its business. Amazon — which has been linked with an Acko investment since the start of this year — backed lending startup Capital Float last month, and now it has ...

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Microsoft acquires conversational AI startup Semantic Machines to help bots sound more lifelike

Microsoft announced today that it has acquired Semantic Machines, a Berkeley-based startup that wants to solve one of the biggest challenges in conversational AI: making chatbots sound more human and less like, well, bots. In a blog post, Microsoft AI & Research chief technology officer David Ku wrote that “with the acquisition of Semantic Machines, we will establish a conversational ...

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Music payments startup Exactuals debuts R.AI, a ‘Palantir for music royalties’

Exactuals, a software service offering payments management for the music industry, is debuting R.AI, a new tool that it’s dubbed the “Palantir for music.” It’s a service that can track songwriting information and rights across different platforms to ensure attribution for music distributors. As companies like Apple and Spotify demand better information from labels about the songs they’re pushing to streaming ...

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