Comments Off on Ford Buys Electric Scooter Startup Spin
Ford is buying dockless electric scooter startup Spin, Axios reports. According to a source, “the total consideration in the deal was close to $100m.” Previous reports had put the sale at around $40 [..]
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Comments Off on Handshake, a University Platform for Recruiting Students , Raises $40 Million
LinkedIn competitor, Handshake, raised $40 million in a Series C round of funding. With more than 14 million users in the US across 700 universities and 300,000 employers, Handshake is a startup platform that connects [..]
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Comments Off on Tesla Reports Its First Profit In Two Years
Tesla reported a profit in the third quarter after seven consecutive quarters of losses. Due in part to the popularity of the Model 3 sedan, Tesla said on Wednesday that it generated $6.8 billion in revenue and ended with [..]
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Comments Off on Apple Acquires Spektral, a Danish Computer Vision Startup
Apple has been making big moves this morning. First, it spent $600 million acquiring IP, talent, and licenses from Dialog Semiconductor in Europe. Then, it confirmed it bought Spektral, a computer vision company based [..]
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Comments Off on Amazon Raises Minimum Raise, but Workers Could Actually Be Making Less
Amazon announced this week that it will be raising its minimum hourly wage to $15 for all US employees, after being heavily criticized for the low wages it offers. While this move seems to be good news, it does come at the [..]
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Comments Off on Instagram’s Co-Founders have resigned; Is Instagram in trouble?
Instagram founders Kevin Systrom and Mike Krieger’s decision to leave the app has caused both advertising executives and loyal fans alike to worry. Will Instagram turn into another clone of their parent company, [..]
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Amazon is testing out Scout, a new shopping site which will help consumers better figure out what they want to buy. It is built for customers who only have a vague idea of what they want to buy and are willing to take [..]
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WeWork, a company that provides shared workspaces for startups, has made its third-largest acquisition to date. This is their fourth acquisition of 2018, and it will purchase Teem, a maker of office management software for [..]
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The Wall Street Journal reported late Tuesday that Theranos Inc., a blood-testing company recently accused of fraud, will soon be dissolved. CEO David Taylor sent out an email to all shareholders to announce the closure and [..]
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Comments Off on Google Gives Cloud Computing Foundation $9 Million in Google Cloud Credits
Google announced yesterday that it is giving Cloud Native Computing Foundation (CNCF) $9 million in Google Cloud credits. It will help continue its work on the Kubernetes container orchestrator and will be split over [..]
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