• Daimler hits the gas on electric and autonomous driving tech

    Daimler hits the gas on electric and autonomous driving tech

    Mercedes-Benz parent company Daimler intends to up its spending on research and development, the company revealed during its quarterly earnings call on Thursday. The high-end car maker is going to route a lot more money toward areas key to the future of driving, including autonomous driving tech, a brand new generation of batteries for electric vehicles and alternative drive… Read More

  • Billionaire investor Peter Thiel is reason No. 1 to tune in to the RNC with us tonight

    Billionaire investor Peter Thiel is reason No. 1 to tune in to the RNC with us tonight

    Original post 2 p.m. PT. Scroll below for commentary and to watch the live stream with us.  Donald J. Trump is, to put it gently, not well liked within the Silicon Valley tech industry — and not because it is the liberal bastion it’s often portrayed to be. Mary Meeker, Meg Whitman and other tech leaders are die-hard members of the Republican Party and plenty of those among… Read More

  • Facebook scraps another Snapchat clone: 24-hour “Quick Updates”

    Facebook scraps another Snapchat clone: 24-hour “Quick Updates”

    Poke failed. Slingshot failed. But Facebook is still trying to mimic Snapchat with a new Stories-style feature it’s been testing called “Quick Updates”. These 24-hour ephemeral updates are buried in a special part of the app, and won’t show up in News Feed or on your profile. We received these screenshots from our reader Tiffany Zhong of Binary Capital who is one of… Read More

  • Indigo bets on microbes to boost plants

    Naturally found microbes have the potential to increase crop yields. With $156M raised to date, Indigo thinks now is their big moment. The microbes are the first commercial product from Indigo, a Boston startup that is testing bacteria, fungi and other tiny organisms’ ability to improve crops’ hardiness. The company announced a $100 million Series C funding round today that will go toward expanding research and development, and to prepare for the launch of a similar product later this year targeting wheat.

  • PayPal ticks up 2% on earnings, Visa partnership

    PayPal ticks up 2% on earnings, Visa partnership

    PayPal reported earnings after the bell on Thursday, showing $2.65 billion in revenue for the quarter, when analysts were expecting $2.6 billion. Adjusted earnings per share was also in line with Wall Street estimates at 36 cents. Shares ticked up 2 percent in after-hours trading, in part because of a Visa announcement that was timed with earnings. The new partnership with Visa emphasized… Read More

  • Pandora shares drop after it rejects $3.5B buyout from SiriusXM

    Pandora shares drop after it rejects $3.5B buyout from SiriusXM

    Wall Street quieted Pandora today following mediocre earnings and news that Pandora’s board rejected a $3.4 billion acquisition offer at about $15 per share from SiriusXM radio owner Liberty Media, according to The Wall Street Journal. That would have been a few dollars higher than its existing price, signaling high hopes for the company from leadership despite this quarter’s… Read More

  • Bot influencers are the programmatic future of conversational advertising Crunch Network

    Bot influencers are the programmatic future of conversational advertising

    In the near future, ads will just be part of the conversation. Bots, and the AI technologies that drive them, are taking huge leaps forward in sophistication and reach. While bots had previously been limited to very specific requests, such as checking a balance or flight status, next-generation AI will better understand context and integrate with a host of services — including… Read More

  • This amazing search engine automatically face-swaps you into your image results

    This amazing search engine automatically face-swaps you into your image results

    Ever wonder what you would look like with long, wavy hair? I think you’d look great. But how can you try on a few looks without spending a fortune at the salon, or hours in photoshop? I’m glad you asked. All you need is a selfie and Dreambit, the face-swapping search engine. Read More

  • Impinj soars 28% in internet-of-things IPO

    Impinj soars 28% in internet-of-things IPO

    It has been a very slow year for tech IPOs, but Seattle-based Impinj decided to brave the public markets and list on the Nasdaq today. The company priced at the top of the range at $14 and then saw its shares rise about 28% on its first day of trading. A leader in developing radio frequency technology, or RFID chips, Impinj has found unique partnerships with Coca-Cola, Macy’s… Read More

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