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SAP, the German enterprise software giant, today announced an acquisition to strengthen its hybris e-commerce division. It has acquired Gigya, a firm that helps online properties manage customer identities and profiles. Terms of the deal have not been disclosed officially, but our sources tell us it is for $350 million. This was the same figure
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When it comes to startup investment, carmakers are all over the road. Over the past two years, we’ve seen a massive spike in venture funding by major auto manufacturers. Deal counts are up, more automakers are investing and more big rounds are getting done. However, an analysis of Crunchbase funding data for the 20 largest global
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The tech industry’s over-processed supply of irony might not be enough to service all the ramifications of Uber being stripped of its London license by the city’s transport regulator. Uber advocates were immediately scrambling to bust out the reactionary clichés — painting the regulator as “anti-innovation” and claiming London is now ‘closed for digital business’.
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Just in time for a weekend during which I had already planned to do nothing productive, a small package from Nintendo containing what will likely be its hottest item since the NES Classic Edition… which is to say, of course, the SNES Classic Edition. A full review is now underway, but I thought it worthwhile
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Mark Zuckerberg has gotten so rich that he can fund his philanthropic foundation and retain voting control without Facebook having to issue a proposed non-voting class of stock that faced shareholder resistance. Today Facebook announced that it’s withdrawn its plan to issue Class C no-vote stock and has resolved the shareholder lawsuit seeking to block
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“If we’re improving the mental health of millions of teens, that’s a success to us” says Nikita Bier, co-founder of tbh. His team has scored a surprise hit, rocketing to the top of the App Store by letting teens send each other compliments anonymously. While most anonymous apps like Secret and Yik Yak have devolved
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Seed funding is drying up. Accelerators are scrambling for revenue. Things are changing drastically in the startup ecosystem. Why? First, as we all know, it’s easier than ever to build a startup. An MVP can hit the app stores in a few days and the need to raise millions for servers and software is over.
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Some geeks of my vintage have a nostalgic fondness for trackballs, but I never managed to form such an association. Instead, I’ve been pretty much a dedicated mouse user since the mouse first became an option. But Logitech’s MX Ergo wireless trackball has changed all that – and I’m not sure I’ll ever go back.
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A new app called Pokémon Playhouse from the Pokémon Company, released this week, is bringing Pikachu and friends to preschoolers. Unlike the augmented reality game Pokémon Go, a collaboration between Niantic and Nintendo by way of the Pokémon Company, this latest game is not focused on capturing Pokémon, battling and raids. Instead, it’s filled with activities
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In a huge blow to Uber in the UK London’s transport regulator has rejected its application to renew its license to operate in the city. In a statement today TfL said it has concluded that Uber is “not fit and proper to hold a private hire operator licence”. “TfL’s regulation of London’s taxi and private
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MongoDB, a database software company based in New York, has filed to go public with the Securities and Exchange Commission as it continues to burn a ton of cash despite its revenue almost doubling year-over-year. The company, which provides open-source database software that became very attractive among early-stage startups, is one of a myriad of
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As Congressional investigations into Russia’s role in manipulating the election for U.S. president deepens, tech companies are assuming a more central role in the inquiries. Both Twitter and Facebook are stepping up their efforts to cooperate with Congressional investigations into Russian interference with last year’s presidential election. For Twitter, that means agreeing to a briefing
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Google Cloud Platform announced support for some powerful Nvidia GPUs on Google Compute Engine today. For starters, the company is making Nvidia K80 GPUs generally available. At the same time, it’s launching support for Nvidia P100 GPUs in Beta along with a new sustained pricing model. For companies working with machine learning workloads, having access
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Instagram is making its face filters available for live video streaming through the app, the company announced today. Instagram had introduced face filters, which add visual effects to detected faces, back in May, but until now it was only available on video and images captured first and then posted to your Instagram Story after the