Good morning! Here are some of the top tech startup news stories today Tuesday, January 16. AI fintech startup Trend Lab secures $12.7 million angel funding. Trend Lab, a startup developing artificial intelligence (AI) solutions for the FinTech market, announced it […]
The volatility of Bitcoin continues. In 2017, Bitcoin had a meteoric rise from $830 to $19,300. Today, the price of the Bitcoin briefly dipped below $10,000 around 7 a.m. EST on Wednesday as investors jolted by fears of regulators could clamp […]
Facebook is reportedly working on a video chat device for your homes. According to Cheddar and also reported on NASDAQ, the new device called Portal, is a video-chat box that will sit in your home and scan and recognize the face […]
According to the latest revenue data from Apple, iOS developers earned $26.5 billion from App Store purchases in 2017. Asymco analyst Horace Dediu took a deep dive at what this figure means for the App Store. According to his research and findings, […]
Have you ever thought of captured everything around your world in 360 degrees? Fitt360 might just be the right camera for you. Fitt360 is neckband wearable camera that lets you capture and share your moments in 360° true First-Person-View in unobtrusive […]
The cryptocurrency market experienced a major correction with the top 20 cryptocurrencies by market capitalization dropped in value by as much as 10 percent today. Based on the latest data from CoinMarketCap.com, major cryptocurrencies like Bitcoin, Ethereum and Ripple fell by at […]
Intelligent data platform for Artificial Intelligence (AI) startup DefinedCrowd has released their product to the market. The company developed a Software-as-a-Service (SaaS) platform that allows data scientists to collect, enrich, and structure data for AI applications. The smart data startup launches the […]
Energy monitoring and SaaS-based analytics startup, Bidgely, has $27 million in Series C funding round to grow its India office and expand artificial intelligence solution for utilities and energy retailers. This is its largest round of investment to date. Founded by Indian Institutes […]
Same-day grocery delivery company Instacart has acquired Toronto-based voice-ordering software startup Unata for $65 million. The news as first reported on Bloomberg. The acquisition would help Instacart with new kinds of e-commerce tools and expansion into Canada market Instacart is a same-day […]
Good morning! Here are some of the top tech startup news stories today Tuesday, January 16. Instacart Acquires Coupon and Voice-Shopping Startup Unata. Instacart Inc. has acquired Toronto-based startup Unata Inc. for $65 million, according to two people familiar with the […]
Cloud-based mobile and private messaging app Telegram is planning to raise $1.2 billion in initial coin offering (ICO). The ICO will be the largest token sale ever. Its proposed blockchain network and platform is aimed at solving the shortcomings of existing […]
The Central Bank of Lithuania has launched a new regulatory and technological “sandbox” for startups working with blockchain. Last week, the bank announced the “LBChain” initiative sandbox platform-service to encourage domestic and foreign startups to develop and test fintech blockchain solutions. The platform-service […]
San Francisco-based technology company and Pharmacy Benefit Manager (PBM) startup, SmithRx, has raised $9 million in Series A funding, the company announced. The investment round was led by Founders Fund with participation from Blumberg Capital, NextGen Venture Partners, Box Group, and others. […]
Berlin Germany-based used car startup AUTO1 has raised $558 million in funding from Japan’s Softbank to expand internationally and build direct car sale and financing opportunities for dealers. AUTO1 Group connects buyers and sellers of cars via an online platform. Auto1 […]
Good morning! Here are some of the top tech startup news stories today Monday, January 15. Autonomous Driving Startup Pony.ai Raises $112 million. Pony.ai, a startup that builds autonomous driving solutions, has closed a Series A funding round of $112 million. […]
The AI systems built by Chinese retail giant Alibaba and Microsoft have outperformed humans in the Stanford Question Answering Dataset (SQuAD), Alibaba’s AI program was the first to beat the human score. Using natural-language processing, Alibaba’s machine-learning network model scored 82.44 on the […]
Beijing-based startup Huami has filed for a $150 million IPO with the Securities and Exchange Commission. Huami is Xiaomi’s smart wearable partner. Launched in 2014, Huami is the #2 wearable device company in the world, ahead of Fitbit, with over 50 million units sold. […]
JPMorgan Chase Chairman & CEO Jamie Dimon, a known critic of Bitcoin, is backpedaling a bit on his earlier criticisms on cryptocurrencies. In an exclusive interview with FOX Business’ Maria Bartiromo, Dimon said Tuesday he regrets past comments in which he called Bitcoin […]
Ubenwa is a Nigerian Artificial Intelligence (AI) health startup that is saving newborn lives by enabling quick and cost-effective diagnosis of birth asphyxia from infant cry. Birth Asphyxia, meaning lack of oxygen, is one of the top 3 causes of infant […]
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