April 2018

Pivotal Software closed up 5% following IPO, raised $555 million

By | April 20th, 2018|Technology|

Stock market investors showed lukewarm enthusiasm for Pivotal Software’s debut on Friday. After pricing the IPO at $15, the company closed the day at $15.73. Although it didn’t “pop” for new investors, pricing at the midpoint of its proposed range allowed Pivotal to raise $555 million. Its public company market cap exceeded $3 billion. The enterprise [...]

RealSelf, a community for cosmetic treatments, raises $40 million

By | April 20th, 2018|Technology|

RealSelf, an online community where people can ask questions, share their experiences and connect with doctors providing cosmetic treatments, has raised $40 million in new funding – its first round of financing since the $2 million raised in 2008, two years after its founding. The round was led by Elephant, a VC firm co-founded by [...]

Musiio uses AI to help the music industry curate tracks more efficiently

By | April 20th, 2018|Technology|

A former streaming industry exec and an AI specialist walk into a bar, they leave starting an AI company for the music industry. That’s not exactly how Singapore-based startup Musiio was formed, but it’s close enough and the outcome is the same. Co-founders Hazel Savage, formerly of Pandora and Shazam, and Swedish data scientist Aron Pettersson [...]

The making of a hardware founder

By | April 19th, 2018|Technology|

Working in tech, it’s hard to avoid the many stories and congratulatory tweets about the latest company to close a funding round, and little wonder. It’s a milestone worth celebrating before getting back to work. Yet what’s happening in the trenches before those funding announcements roll out is often more instructive. How does one decide [...]

Walmart launches ‘Check Out With Me’ for on-the-spot checkouts in hundreds of U.S. stores

By | April 19th, 2018|Technology|

Walmart announced on Thursday it’s beginning to test new technology that arms store staff with mobile devices for checking out customers from the floor. The devices will first be put into use in Walmart’s “Lawn & Garden Centers” in over 350 U.S. stores, where there’s the most need for a mobile checkout experience like this. [...]

Netflix launches 30-second preview videos on mobile

By | April 19th, 2018|Technology|

Netflix is introducing its own take on Snapchat and Instagram stories after it began to roll out 30-second preview videos for mobile viewers. The previews look much like Stories because the thumbnails are circular and the content plays with virtual videos, so there’s no need to move your phone to the side. Added to that, [...]

DARPA’s Launch Challenge offers $10M prize for short-notice, rapid-turnaround rocketry

By | April 19th, 2018|Technology|

Getting to space is already tough, but getting there on short notice and then doing it again a couple weeks later? That’s a big ask. Nevertheless, DARPA is asking it as part of its Launch Challenge, announced today at the 34th Space Symposium in Colorado. Teams must take a payload to space with only days [...]

Amazon passes 100 million paid Prime members

By | April 18th, 2018|Technology|

Jeff Bezos is understandably all sorts of self-congratulatory in the annual shareholder letter Amazon released today. The note is full of all smanner of large numbers, including, perhaps most notably, 100 million. Amazon has exceeded that number of Prime subscribers globally, 13 years after the service launched as a free shipping offering. It’s no surprise, [...]

YouTube promises expansion of sponsorships, other monetization tools for creators

By | April 18th, 2018|Technology|

YouTube says it’s rolling out more tools to help its creators make money from their videos. The changes are meant to address creators’ complaints over YouTube’s new monetization policies announced earlier this year. Those policies were designed to make the site more advertiser-friendly following a series of controversies over video content from top creators, including [...]