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Naspers has taken a bite out of yet another food delivery startup, with its commitment to lead and $80 million investment in the Indian online ordering and food delivery startup, Swiggy. The global internet and entertainment conglomerate has invested in several online food ordering and delivery companies worldwide, including the Brazilian company iFood and, in Mexico, SinDelantal. Earlier
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When Snap went public in early March, it opened up the floodgates after what had been a stagnant period for tech IPOs. The warm investor reception for the Snapchat parent helped pave the way for MuleSoft, Alteryx, Elevate, Okta, Netshoes, Yext, Cloudera and Carvana, which all debuted in March or April. But then in May we only
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In our 16th episode, we talk with Tom Kelly, a partner at IDEO, about the definition of innovation, how to take back your creative confidence, and the habits that can shape not only your current design team, but the up-and-coming design leaders of the world. The word “innovation” has gotten overused. Kelley says innovation, at the most fundamental level, is a fresh idea that’s
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Zach Abramowitz is the co-founder and CEO of ReplyAll. More posts by this contributor: Chief executive officer Yaron Ben Shaul originally launched Hometalk as an engagement platform for customers of Networx, his lead-generation business for home contractors. That engagement platform, with offices in New York and a research and development center in Israel, has since grown into a social network
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Once again there are indications the UK government intends to use the law to lean on encryption. A report in The Sun this week quoted a Conservative minister saying that should the government be re-elected, which polls suggest it will, it will move quickly to compel social media firms to hand over decrypted data. The paper quoted an unnamed government
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The UK Prime Minister is using the annual G7 summit of seven of the world’s major industrialized democracies to push for more to be done about online extremism, including co-ordinating on ways to force social media platforms to be more pro-active about removing and reporting extremist content to authorities. Theresa May is chairing a counter-terrorism session at the
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Share economy startups which allow someone to ‘share’ their labour or skills have proliferated over the last few years. Even simple ‘share your skills’ communities with no commercial model have appeared such as Impossible. Now these companies are joined by Pickle, a peer-to-peer mobile app that enables users to do ‘jobs’ for one another. Founder
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The Raspberry Pi Foundation has announced it’s merging with another code club charity, Dublin-based CoderDojo. The aim is to advance shared goals around furthering the march of computing education for young people. CoderDojo began in 2011, and at this point there are more than 1,250 of its code clubs across 69 countries, which it says are regularly attended by more than 35,000 young
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Mogees, the London startup behind the Mogees Pro and Mogees Play contact microphone and machine learning-based music and gaming devices, has raised $1.1 million in seed funding — capital it plans to use to embed its “gestural recognition tech” into new products and applications. Specifically, the company says it is developing new multi-platform hardware and
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After a long journey as a private company formed in the dot-com boom of 1999, Virginia-based Appian is finally braving the public markets. Appian announced Wednesday they priced their IPO at $12 per share, raising $75 million for the company. This is in line with the previously proposed price range of $11 to $13. Appian provides
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Mercedes-Benz announced the price of its new electric 2017 Smart Fortwo: $23,800 for the hard-top coupe and $28,000 for the cabrio with a sliding canvas roof. The new coupe’s price is $1,200 less than the outgoing model, but the cabrio’s price is exactly the same. Besides the price, there are some practical improvements for the
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Rackspace today announced that its board has appointed Joe Eazor as its new CEO, effective June 12. Eazor will replace Rackspace president Jeff Cotten, who stepped in as the company’s interim CEO after former CEO Taylor Rhodes left the company about three weeks ago. At the time, Rhodes said he left Rackspace to become “the
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Serena Williams (yes, THAT Serena Williams) has joined the board of consumer survey startup SurveyMonkey, along with Intuit CEO Brad Smith. This is the tennis superstar’s first venture into Silicon Valley and, according to a SurveyMonkey spokesperson, came about at the suggestion of fellow board member and Facebook’s chief operating officer Sheryl Sandberg. Sandberg joined
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While we wait to get more news on Microsoft closing a reported acquisition of Cloudyn, another report has emerged of one more enterprise startup that the software giant is buying in Israel. Calacalist reported earlier today that Microsoft is paying $100 million to acquire Hexadite, a cybersecurity company that uses AI to sort through and address smaller network attacks —
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Tesla is opening up pre-orders for its solar roof tiles today — a little later than previously slated. CEO Elon Musk tweeted that the company will be accepting orders for the tiles from later this afternoon. Although only two of the four possible tile styles are being made available at this point. Responding to a question via Twitter Musk
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Yesterday I wrote about a poll conducted by researchers at the University of Michigan that found people were interested in flying cars if they were autonomous, shared and electric. As soon as I posted that, I found an email in my inbox saying that ChargePoint and Uber Elevate, among others at the recent conference on