Xilinx launches a new reconfigurable space-grade chip optimized for local machine learning on orbit

Space-specific silicon company Xilinx has developed a new processor for in-space and satellite applications that records a number of firsts: It’s the first 20nm process that’s rated for use in space, offering power and efficiency benefits, and it’s the first to offer specific support for high performance machine learning through neural network-based inference acceleration. The […]

Algolia gets a new CEO as founder steps down

Search-as-a-service startup Algolia is announcing some changes at the helm of the startup. Co-founder and CEO Nicolas Dessaigne is transitioning to a non-operational role at the company. He’ll still be a board member, but Bernadette Nixon is joining the company to take on the CEO position. Algolia is building a search engine API. The company […]

Command E raises $4.3 million to build the ultimate cross-app search tool

For the last two years, SF-based Command E has been quietly building a unified desktop search tool that helps uses quickly scour for files and data sources across nearly every app they use. The small startup had taken a page from other popular workplace software tools, slowly scaling up a passionate base of early beta […]

EasyJet says 9 million travel records taken in data breach

EasyJet, the U.K.’s largest airline, said hackers have accessed the travel details of 9 million customers. The budget airline said 2,200 customers also had their credit card details accessed in the data breach, but passport records were not accessed, a company statement said. EasyJet did not say when the security incident happened or how the […]

Europe to Facebook: Pay taxes and respect our values — or we’ll regulate

A livestreamed “debate” yesterday between Facebook CEO Mark Zuckerberg and a European commissioner shaping digital policy for the internal market, Thierry Breton, sounded cordial enough on the surface, with Breton making several chummy references to “Mark” — and talking about “having dialogue to establish the right governance” for digital platforms — while Zuckerberg kept it […]

YouTube is relaunching its premium ad offering as YouTube Select

YouTube is announcing a new way to buy advertising, which it’s calling YouTube Select. The announcement — made ahead of the now-remote digital advertising NewFronts next month — doesn’t reflect a broader change in who gets to monetize their videos (something that’s been a fraught topic at the Google-owned video service), but it is part […]

Contentsquare, the digital experience analytics platform, scores $190M Series D

Contentsquare, the cloud-based platform that helps businesses understand how and why users are interacting with their app, mobile and web sites, has closed $190 million in Series D funding. The round is led by BlackRock’s Private Equity Partners team, with participation from previous investors. In addition, as part of this round, Sapiance Capital Limited is […]

Make the best of YouTube yours with YouTube Select

Helping you connect with your audience is our top priority. This is especially important as digital takes precedence in how we interact, communicate and stay connected.To make this even easier for your brand, today we’re announcing a new global content...

Take a virtual travel day with Street View

As a program manager for Street View, I’ve had the opportunity to work in more than 20 countries around the world, collecting imagery that transports people to new places and powers Google Maps. You can even find my blurred face from time to time in St...

Walmart says it will discontinue Jet, which it acquired for $3B in 2016

So much for Walmart’s big and expensive effort to take on Amazon with a digitally-native brand. Amid the coronavirus crisis and its impact on the retail industry, today the retail giant announced in its quarterly report that it would be discontinuing Jet.com, the online-only marketplace that it acquired for $3 billion when it was just […]

Experience marketplace Pollen lays off 69 North America staff, furloughs 34 in UK

As the coronavirus pandemic continues, throwing countries into lockdown and recession, two of the hardest-hit sectors have been travel and events. And startups operating in the space that have recently raised significant funding aren’t immune to the crisis. Pollen, the U.K.-based influencer marketplace for travel and events that closed $60 million in funding in October, […]

70% of Indian startups will run out of money in less than 3 months

More than two-thirds of startups in India need to secure additional capital in the coming weeks to steer through the coronavirus pandemic, according to an industry report. 70% of startups in India, home to one of the world’s largest startup ecosystems, have less than three months of cash runway in the bank, and another 22% […]

TikTok parent ByteDance leads $6M round in financial AI startup Lingxi

TikTok’s parent company ByteDance has added Lingxi, a Beijing-based startup that applies machine intelligence to financial services such as debt collection and insurance sales, to its ever-expanding portfolio of investments. The AI startup has raised a $6.2 million Series A round co-led by ByteDance and Rocket Internet, the German accelerator that has incubated e-commerce giants […]

Former Andreessen Horowitz partner Benedict Evans joins EF as Venture Partner

Entrepreneur First (EF), the London-headquartered “talent investor” that backs individuals pre-team and pre-idea to enable them to found startups, has appointed former Andreessen Horowitz partner Benedict Evans as a Venture Partner. A well-respected analyst with a background in the tech and media industries, Evans will be tasked with providing “analysis, insight and recommendations” for new […]

Pennylane is an accounting service that improves your financial visibility

Meet Pennylane, a new French startup that is a building a full-stack service to deal with your financial data. With Pennylane, you get a real-time view of your financial data and you don’t have to work with an accounting company — the startup hires accountants for you. The startup just raised a $4.3 million (€4 […]

SoftBank reportedly plans to sell about $20 billion of its T-Mobile shares

SoftBank Group Corp. is currently seeking buyers for about $20 billion of its shares in T-Mobile US, according to reports in the Wall Street Journal and Bloomberg. If the proposed sale goes through, its proceeds could help offset SoftBank’s heavy investment losses over the past year. According to its first-quarter earnings report yesterday, SoftBank’s Vision […]

With 170M users, Bilibili is the nearest thing China has to Youtube

Bilibili, a Chinese video streaming website that was once regarded as a haven for youth subculture, has been steadily making its way into the mainstream as users age up and content diversifies. The NASDAQ-traded company recorded a 70% year-over-year growth to reach 172 million monthly active users by the first quarter, placing it in the […]