Infor, a NYC-based enterprise software company, announced a massive $1.5 billion investment today that could be the precursor to an IPO down the road. One analyst is estimating that the valuation could be at least $60 billion. The investment is being led by Koch Industries’ investment arm, Koch Equity Development, and Golden Gate Capital. Today’s […]

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Global app downloads topped 194 billion in 2018, up 35 percent from 2016, according to App Annie’s annual “State of Mobile 2019” report released today. Consumer spending across app stores was up 75 percent to reach $101 billion. The report, which analyzes trends across iOS, Android and the third-party Android stores in China combined, follows […]

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China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet penetration — used car sales. New passenger car sales fell to 23.7 million last year, representing a 4.1 year-over-year drop according to a new report by China’s Association of […]

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HyperScience, the machine learning company that turns human readable data into machine readable data, has today announced the close of a $30 million Series B funding round led by Stripes Group, with participation from existing investors FirstMark Capital and Felicis Ventures, as well as new investors Battery Ventures, Global Founders Fund, TD Ameritrade and QBE. […]

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Techstars is announcing Techstars Studio, its latest attempt to bring corporations closer to the startup ecosystem.

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You can now order meals via DoorDash in Alaska, Montana and South Dakota.

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A study by the Pew Research Center suggests most Facebook users are still in the dark about how the company tracks and profiles them for ad-targeting purposes. Pew found three-quarters (74%) of Facebook users did not know the social networking behemoth maintains a list of their interests and traits to target them with ads, only […]

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Motorola has revived the Razr name a few times over the years, but the once mighty brand has failed to regain the heights of its early days as an ultra-slim flip phone. But what better time for for the phone maker’s parent Lenovo to bring back the brand in earnest as the mobile world is […]

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Amazon already gave Alexa the ability to whisper, and now it’s rolling out another way to change the assistant’s speaking style – it’s giving Alexa a “newscaster” voice. Starting today, when U.S. customers ask Alexa “what’s the latest?” to hear the day’s news, Alexa will respond using a voice that’s similar to how a professional […]

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In India, startups are quietly building the tools and platforms to enable a different kind of gig economy: one that allows ‘micro-entrepreneurs’ to tap growing access to the internet to sell goods and services online. One such figure helping this burgeoning economy is Instamojo, a seven-year-old Bengaluru-based startup, has pulled in a $7 million Series B […]

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The popular image of a Chapter 7 bankruptcy might be a large company like Enron failing, or maybe some lazy drifter trying to shirk their financial responsibilities. The reality is anything but those sorts of images. Today in America, the most common reason for bankruptcy is to discharge egregious sums of medical debt [1], which […]

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Tyto Care, a telehealth company that enables physicians to conduct on-demand remote exams, announced today that it has added $9 million to its Series C, bringing the round’s total to $33.5 million. The new funding comes from strategic investors Sanford Health, Itochu, and Shenzhen Capital Group. First announced last year, the oversubscribed Series C was […]

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Facebook is launching some of its self-styled ‘election security’ initiatives into more markets in the coming months ahead of several major votes in countries around the world. In an interview with Reuters the social networking giant confirmed it’s launching checks on political adverts on its platform in Nigeria, Ukraine and the European Union, reiterating too that […]

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While we will continue to see a lot of consolidation among smaller startups in the area of financial technology, or fintech, there are also some much bigger combinations at play to help tap into economies of scale against current and future competition. Today, Fiserv announced that it would acquire First Data — respectively giants in […]

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Verizon Wireless is now offering free access to Apple Music. The music streaming service is available on select Verizon Wireless plans starting on January 17, 2019. Previously, Verizon and Apple offered a free 6-month trial to the streaming service. The partnership comes as Apple is clearly looking for partners to help extend the reach of […]

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