Instacart raises $265M at a $39B valuation
On-demand grocery delivery platform Instacart has raised a $265 million funding round from existing investors, including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners and others. The new funding, which, like its past few rounds, isn’t assigned a Series alphabetical designation, pu
Xage introduces Zero Trust remote access cloud solution for hard-to-secure environments
When a hacker broke into the computer systems of the Oldsmar, Florida water supply last month, it sent up red flags across the operational tech world, whether that’s utilities or oil and gas pipelines. Xage, a security startup that has been building a solution to help protect these hard-to-se
MIT's insect-sized drones are built to survive collisions
Insects are a lot of things — but fragile they’re not. Sure, most can't withstand the full force of a human foot, but for their size, they've evolved to be extremely rugged and resilient. Insect-sized technology, on the other hand, is generaly another story.
That's certainly
Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B
Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. And Southeast Asia is no exception.
Indonesia's Xendit, a startup focused on building digital payments infrastructure for the region, has just raised $64.6 million in a Series B led by Silicon Valley heavyw
Volvo to sell only all-electric vehicles by 2030
Volvo Cars said it will only make and sell all-electric vehicles by 2030 as part of a broader transformation of the automaker that will include shifting sales online.
“The key to sustainability is electrification, said Volvo Cars CEO Håkan Samuelsson during a presentation Tuesday. “Tog
Flipboard expands its local coverage to more than 1,000 cities and towns
News aggregator Flipboard‘s local coverage is making what product lead Brian Gottesman described as a “quantum leap,” expanding from 60 topics (a.k.a. cities, towns and communities that you can follow) to more than 1,000.
While Flipboard has allowed users to follow stories focused
EBay and Adevinta to sell UK sites Gumtree, Motors.co.uk and Shpock to get their $9.2B deal past regulators
After inking a $9.2 billion deal to merge their classifieds businesses last year, eBay and Norway’s Adevinta have announced a deal to sell off three popular web properties in the U.K. to get the deal cleared by local regulators, the Competition Markets Authority. The companies plan to sell of
Microsoft’s Power Automate Desktop is now free for all Windows 10 users
Microsoft today announced that it is making Power Automate Desktop, its enterprise-level tool for creating automated desktop-centric workflows, available to all Windows 10 users for free. Power Automate Desktop is what Microsoft calls its “attended Robotic Process Automation” solution,
Microsoft brings tighter integration to Dynamics 365 and Teams
As the pandemic drags on and we learn about the requirements of working from home with distributed teams, users could be craving more integration across their tools to help reduce the clicks required to complete a set of tasks. Today at the Ignite Conference, Microsoft announced tighter integration
Piano acquires analytics company AT Internet
Piano is expanding its platform for digital publishers with the acquisition of AT Internet, a 25-year-old analytics company based in France.
Even if you don't recognize Piano as a company, technewss readers will probably be familiar with the product, since we use it to manage the reader experi
DJI launches an all-in-one FPV drone system
DJI has flirted with FPV goggles before, of course. The company got on the burgeoning FPV movement with the launch of its DJI Goggles back in 2016. It was a logical extension for the company that controls around 70% of the drone market, at last count, and a push toward a more mainstream experience
Microsoft launches Azure Percept, its new hardware and software platform to bring AI to the edge
Microsoft today announced Azure Percept, its new hardware and software platform for bringing more of its Azure AI services to the edge. Percept combines Microsoft’s Azure cloud tools for managing devices and creating AI models with hardware from Microsoft’s device partners. The general
Microsoft’s Azure Arc multi-cloud platform now supports machine learning workloads
With Azure Arc, Microsoft offers a service that allows its customers to run Azure in any Kubernetes environment, no matter where that container cluster is hosted. From Day One, Arc supported a wide range of use cases, but one feature that was sorely missing when it first launched was support for ma
Microsoft Azure expands its NoSQL portfolio with Managed Instances for Apache Cassandra
At its Ignite conference today, Microsoft announced the launch of Azure Managed Instance for Apache Cassandra, its latest NoSQL database offering and a competitor to Cassandra-centric companies like Datastax. Microsoft describes the new service as a “semi-managed offering that will help compa