Zoox, a once-secretive self-driving car startup, is closing a $500 million raise at a $3.2 billion post-money valuation, Bloomberg Businessweek reports. Prior to the deal, Zoox was valued at $2.7 billion, Zoox confirmed to TechCrunch. The round, led by Mike Cannon-Brookes of Grok Ventures, brings its total amount of funding to $800 million. Zoox’s plan,
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In a rare moment of agreement, members of the House Judiciary Committee from both major political parties agreed that Facebook needed to take down Pages that bullied shooting survivors or called for more violence. The hearing regarding social media filtering practices saw policy staffers from Facebook, Google and Twitter answering questions, though Facebook absorbed the
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Researchers at Purdue University and the University of Virginia are now able to create “tiny, thin-film electronic circuits peelable from a surface,” the first step in creating an unobtrusive Internet-of-Things solution. The peelable stickers can sit flush to an object’s surface and be used as sensors or wireless communications systems. The biggest difference between these
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At Google, the company offers a ‘Grab and Go’ program that allows employees to use self-service stations to quickly borrow and return Chromebooks without having to go through a lengthy IT approval process. Now, it’s bringing this same idea to other businesses. Chromebooks have found their place in education and a number of larger enterprise
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Once a seemingly unstoppable retail juggernaut, Walmart’s been scrambling to define its digitally in this Amazon-defined era. This morning, the company announced that it’s struck a five-year deal with Microsoft, Amazon’s chief cloud competitor. These sorts of partnerships are a regular occurrence for AWS — in fact, it announced one with Fortnite maker Epic Games,
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Amidst questions about how conspiracy theorists’ accounts are treated during today’s House Judiciary hearing with Facebook, Google and Twitter on social media filtering practices, Representative Steve King (R-Iowa) dropped a bombshell. “What about converting the large behemoth organizations that we’re talking about here into public utilities?” King’s suggestion followed his inquiries about right-wing outlet Gateway
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As Amazon looks to increasingly expand its cashier-less grocery stories — called Amazon Go – across different regions, there’s at least one startup hoping to end up everywhere else beyond Amazon’s empire. Standard Cognition aims to help businesses create that kind of checkout experience based on machine vision, using image recognition to figure out that
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Expense management software provider Certify is beefing up its artillery against rival Concur with the acquisition of Abacus, which enables companies to deal with expenses in real time. The deal’s financial terms were not disclosed. The addition of Abacus will help Certify, which includes other expense management solutions like Nexonia and ExpenseWatch under one umbrella,
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Dialpad announced a $50 million Series D investment today, giving the company plenty of capital to keep expanding its business communications platform. The round was led by Iconiq Capital with help from existing investors Andreessen Horowitz, Amasia, Scale Ventures, Section 32 and Work-Bench. With today’s round, the company has now raised $120 million. As technology
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Didi Chuxing, China’s largest ride-hailing company, has pulled in some strategic capital after Booking Holdings invested $500 million into its business. The deal will see Booking Holdings — which was formerly known as Priceline — work closely with Didi to offer its on-demand car services through its Booking.com apps via an integration. Likewise, Didi customers
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Unacademy founders Roman Saini, Gaurav Munjal and Hemesh Singh Bangalore-based Unacademy will add more educators to its online learning platform, which claims to be India’s largest, after closing a $21 million Series C. The funding comes from Sequoia India, SAIF Partners and Nexus Venture Partners, with participation from Blume Ventures (all four firms are returning
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The robotic vacuum has enjoyed somewhat of a boom in recent years, with iRobot leading that charge with its Roomba series of products. However, should you buy the one that’s currently on sale for Amazon Prime Day 2018, the Roomba 671? The Bottom Line: Roomba 671 is one of iRobot’s entry-level robotic vacuums, but it
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Netflix didn’t add as many subscribers as expected by a bunch of people on Wall Street who, on a quarterly basis, govern whether or not it’ll be more valuable than Comcast — and that is probably a bad thing, as it’s one of the primary indicators of its future potential for said finance folk. While it’s
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Centralized crypto exchanges like Coinbase are easy but expensive because they introduce a middleman. Not-for-profit project 0x allows any developer to quickly build their own decentralized cryptocurrency exchange and decide their own fees. It acts like Craigslist, connecting traders without ever holding the tokens itself. And instead of having to bootstrap their way to enough
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