Saturday, 15 Dec 2018
Month: December 2018

A former Ofo exec is launching his own scooter startup

The funding extravaganza may be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued to close venture capital rounds at a consistent pace. See Grin, Tier and Yellow for examples. The latest is Dott, a European scooter startup founded by Maxim Romain, Ofo’s former head of Europe, the […]

LemonBox, which brings US vitamins to Chinese consumers, raises $2M

LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and, fuelled by the demo day, it has pulled in the new capital from 10 investors which include Partech, Tekton Ventures, […]

Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as Indigo Fair), a 2-year-old wholesale marketplace for artisanal products. A quick glance at Faire suggests it’s […]

Anki’s Vector is getting Alexa access next week

Vector’s already got the adorable bit down, courtesy of a team staffed by former Pixar and DreamWorks animators. But Anki’s grownup version of Cozmo can use a bit of help when it comes to smarts. Starting next week, the desktop robot will be able to tap into Amazon Alexa’s deep base of answers. The new […]

IMAX pulls the plug on its dream of VR arcades

The company behind the biggest screens in cinema is giving up on bringing VR screens within a few inches of users’ faces. The company announced today in an SEC filing that it will be shutting down its three remaining virtual reality centers, including its flagship location in Los Angeles. Via the filing: In connection with […]

Online ads and games would benefit from more rewards, according to UCLA survey

A new study from Versus Systems and the MEMES (Management of Enterprise in Media, Entertainment & Sports) Center at UCLA’s Anderson School of Management examines how gaming and advertising are evolving, and how one influences the other. As Versus Systems CEO Matthew Pierce put it, the goal was to study, “What is the impact on […]

Tumblr’s back in the App Store following porn ban announcement

Tumblr is back. Sort of. The social blogging platform reappeared on Apple’s App Store this week, some three weeks after being pulled over child pornography concerns. Ten days ago, the company adopted a scorched earth response to the issue, announcing a blanket ban on adult material as part of a “better, more positive Tumblr.” The […]

Powering customer journeys in the age of AI

Anirudh Pandit Contributor Anirudh Pandit is head of Solution Engineering, NA-West, office of the CTO, MuleSoft. Technology has been the cornerstone of economic growth around the world for hundreds of years. It has underpinned the last three industrial revolutions and is now the driving factor in today’s Fourth Industrial Revolution — marked by emerging technologies […]