• Alchemist Accelerator closes $2.5 million to back enterprise tech startups

    Alchemist Accelerator closes $2.5 million to back enterprise tech startups

    Alchemist Accelerator has closed a $2.5 million fund for very early-stage investments in tech startups serving large organizations in an era when robotics, artificial intelligence and the Internet of Things are fundamentally changing the way they operate. Limited partners in Alchemists’ second fund included Johnson Controls, Ericsson and Analog Garage, a VC arm of Analog… Read More

  • Twitter is phasing out the “Buy” button, will continue to offer donations

    Twitter is phasing out the “Buy” button, will continue to offer donations

    There have been rumors for a while about Twitter preparing to retire its commerce operation. Now it looks like the company has finally started to wind down its partnerships in confirmation of that fact. Customers of e-commerce platform Shopify are receiving notices informing them that the Twitter sales channel is getting shut down “as a result of the Twitter team pivoting way from… Read More

  • Qualcomm faces FTC charges over monopolistic ‘no license, no chips’ claim

    Qualcomm faces FTC charges over monopolistic ‘no license, no chips’ claim

    After facing similar charges around the world, Qualcomm is getting some major pushback on its home turf. The U.S. Federal Trade Commission has filed charges against the company, accusing the San Diego-based Snapdragon-maker of anticompetitive tactics in an attempt to maintain a monopoly in its chip business. The commission issued a statement today detailing the allegations in what… Read More

  • HPE acquires SimpliVity for $650M in cash

    HPE acquires SimpliVity for $650M in cash

    HPE today announced that it has acquired data management platform SimpliVity for $650 million in cash. SimpliVity is one of the many companies in this space focused on what is often called “hyperconverged infrastructure.” That sounds like somebody’s buzzword — and it definitely is — but the core idea is pretty sound: hyperconverged systems combine compute… Read More

  • Vine shuts off sharing, launches Vine Camera

    Vine shuts off sharing, launches Vine Camera

    Vine as we know it is dead. Today Twitter turned off sharing, liking, commenting and revining in Vine, and released its successor, Vine Camera, as an app update on iOS and Android. It has also discontinued the Vine Windows Phone app. For now you can still open the old Vine app if you don’t update, where you can view your old feed and profile, and download your videos. But Twitter confirms… Read More

  • Chelsea Manning to be freed this May

    Chelsea Manning to be freed this May

    President Obama commuted the majority of the 35-year sentence faced by Chelsea Manning, a former Army intelligence analyst and whistleblower who supplied diplomatic and military documents to WikiLeaks. Manning, who came out as a transgender woman following her trial, has been incarcerated in an all-male military prison in Ft. Leavenworth for almost seven years and has twice attempted… Read More

  • Trouva brings UK boutiques online

    How do local boutiques compete with the Amazons of the world? The easy answer is they don’t. When you shop for quality and design over cheap and easy, it’s a different market entirely. But the popularity of online retail has created a need for boutiques to have a presence online. London startup Trouva is helping small boutiques open up their customer base to the global community. Read More

  • Deliver My Ride delivers another car buying service

    Deliver My Ride delivers another car buying service

    Deliver My Ride, a new car buying site from the new firm MadDog Technology, is the latest to offer a car buying service without the buyer having to visit the dreaded dealership. Deliver My Ride made the interesting choice to be website only so far; there is no smartphone app. Users create an online profile that will be sent to multiple dealerships and brands for free (the site makes money… Read More

  • US regulators hammer down on unauthorized drone use

    US regulators hammer down on unauthorized drone use

    The Federal Aviation Administration and SkyPan International in Chicago have settled a civil suit that was closely watched by the nascent commercial drone industry. The government agency said the privately held company flew its drones over New York City and Chicago from 2012 to 2014, violating its rules which barred drone operators from flying over densely populated areas without… Read More

  • Initialized Capital adds three new partners to the roster

    Initialized Capital adds three new partners to the roster

    Initialized Capital, a San Francisco-based early-stage venture firm that was founded by former Y Combinator partners Alexis Ohanian and Garry Tan, has added three new partners. Eric Woersching comes aboard the five-year-old outfit as a general partner. Woersching formerly managed the trading desk at Peter Thiel’s hedge fund, Clarium Capital Management; he was more recently a… Read More

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