March 2017

Weekly Roundup: Apple acquires Workflow, Uber loses its president

By | March 25th, 2017|Technology|

 This week, Apple and Amazon both made big acquisitions, the U.S. Senate voted to repeal broadband privacy rules created by Obama’s FCC and Uber lost its president. These are the top tech headlines from this week, plus some good long-form weekend reads. You can also receive this post as a weekly newsletter in your inbox, [...]

Swedish scientists successfully implant 3D printed human cartilage cells in baby mice

By | March 24th, 2017|Technology|

 In what could potentially serve as a important moment in the quest to 3D print body parts, a team of scientists from Sweden’s Sahlgrenska Academy and Chalmers University of Technology have managed to successfully implant human cartilage cells in six-week-old baby mice. The researchers created a gel composed of human cartilage cells, printed it through a [...]

Tesla Model 3 is ‘just a smaller, more affordable’ Model S, says Elon Musk

By | March 24th, 2017|Technology|

 The Tesla Model 3 is not a product iteration along the lines of successive iPhones, Elon Musk clarified on Twitter on Friday. Instead, it’s a “smaller model affordable versions of Model S” with less range, less power and fewer features, according to the Tesla CEO. The Model S is still going to be the leader [...]

SoftBank’s self-driving bus project pulls in $4.6M to push for 2020 commercialization

By | March 24th, 2017|Technology|

 SoftBank is doubling down on its self-driving bus project in Japan. SB Drive, an entity created last year to develop autonomous vehicle technology for public transport, just got a cash windfall after Yahoo Japan led a 510 million JPY ($4.6 million) investment. Yahoo Japan, the Yahoo affiliate which is one of Japan’s most influential tech companies, provided 490 million [...]

Instacart agreed to settle a class-action lawsuit for $4.6 million

By | March 24th, 2017|Technology|

 On the heels of a $400 million round at a $3.4 billion valuation, Instacart has agreed on a $4.65 million fee to settle a class-action lawsuit around claims that the on-demand grocery delivery startup misclassified its personal shoppers as independent contractors, and also failed to reimburse them for their work expenses. There are over 31,000 Instacart shoppers [...]

Online ticket marketplace Vivid Seats is looking to sell for $1.5 billion

By | March 23rd, 2017|Technology|

 Online secondary ticket marketplace Vivid Seats is looking for a buyer and they’re hoping to fetch a price of about $1.5 billion, TechCrunch has learned. According to multiple sources, private equity firm Vista Equity Partners is working with Morgan Stanley to unload Vivid, which could net a tidy profit for the firm a little over a year after acquiring the business for [...]

Zently provides a better way for renters to connect with their landlords

By | March 23rd, 2017|Technology|

 A startup called Zently hopes to improve the process of renting a home or apartment by making it easier for renters to split bills, pay for their rent and contact their landlords when something goes wrong. And for landlords, it wants to simplify getting paid while also facilitating the process of fixing problems that renters [...]

Italy’s MotorK, a company that offers digital services to the automotive industry, raises $10M Series A

By | March 23rd, 2017|Technology|

 MotorK, an Italian company that offers a number of digital products to the automative industry, has raised $10 million in Series A funding. The round was led by 83North, with participation from Zobito, a Swedish private equity and VC firm. Read More

Athens gets a new venture fund

By | March 22nd, 2017|Technology|

 Raising money for a venture fund is almost never easy, but it’s a whole lot harder in certain places that are struggling economically, like Greece. Thankfully for the country, a new seed-stage firm has formed, called Marathon VC. Its mission, broadly: to back Greek tech entrepreneurs, regardless of where they are based. Read More