Think about this for a moment. What if a stranger could snap a quick picture of you in a public place (which is perfectly legal) and use an app to quickly find your name, address and other details? A small […]
Inception XR, a Tel-Aviv Israel-based next-generation immersive (VR/AR) content network, today announced the launch of of augmented reality kids library service in collaboration with LG U+. This edutainment AR mobile reading app for children follows the success of Inception’s leading […]
LumApps, a social, mobile, and smart intranet to connect and engage all employees in a central hub, announced it has a $70 million Series C funding round to help companies accelerate workforce productivity by centralizing employee communications, workflows, and applications. The round, […]
Good morning! Below are the top tech startups news for today, Wednesday, January 22, 2020. African unicorn Jumia looks to services, platforms to halt slide. African e-commerce unicorn Jumia Technologies, which last year became Africa’s first tech startup to list […]
The U.S. Department of Homeland Security estimates that 90 percent of security incidents reported are caused by exploiting defects in the code or design of software. In 2019 alone over 17,000 software vulnerabilities were discovered – a nearly 300% increase […]
For the first time, Tesla reached a $100 billion market cap at the beginning of trading Wednesday, setting the stage for massive payout for CEO Elon Musk. The electric car company’s stock was up nearly 6% early Wednesday, pushing its […]
At the World Economic Forum in Davos, Switzerland, U.S. President Donald Trump praised Tesla and SpaceX CEO Elon Musk in an interview with CNBC yesterday. The president praised Elon Musk as one of the world’s “great geniuses,” of our time. He […]
Veego Software, a Tel Aviv, Israel-based startup that is putting an end to malfunctions in the connected homes, today announced the Veego Self-Care solution based on artificial intelligence (AI) and other advanced technologies, enabling real-time self-support in the connected home. The solution […]
American households held over $98 trillion of wealth in 2018. Wealth, or net worth, is defined as total assets minus total liabilities, according to data by Brookings Institution. Projections are that nearly $68.4 trillion in wealth will pass hands to heirs over […]
Data-driven decision-making will profoundly change business, but most enterprises are still mired in data that’s too big and complex to understand and act on. The ability to successfully leverage data for analytics has long powered such industry bellwethers as Google, Facebook […]
Memphis Meats, a food tech startup and leading cell-based meat, poultry and seafood company, announced today it has closed $161 million Series funding round. The round was led by tech heavyweights including SoftBank Group, Norwest and Temasek. Also joining the round […]
Sysdig, a container security startup that enables companies to securely run cloud-native workloads in production, said today it has secured a massive $70 million in Series E round of funding that brings its total capital raised to $206 million. The round […]
Cruise Automation, a subsidiary of General Motors and a developer of driverless vehicles, today unveiled a new vehicle that it designed to operate without a driver on-board in San Francisco. The all-electric minivan does not feature manual controls such as pedals […]
Incline Equity Partners, a private equity firm investing in specialized light manufacturing, value-added distribution and business services companies, has closed with $1.2 billion of capital in funding for its latest private equity fund, Incline Equity Partners Fund V. The fund was oversubscribed above […]
In the last quarter of 2019, Uber reported it lost $1.1 billion. Now the company is doing everything to be profitable, including cutting losses from unprofitable business units and moving on. According to a report from Reuters, Uber sold its loss-making […]