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Chat app Kik to raise $125M through an ICO in September

By |August 30th, 2017|

 Messaging app company Kik has revealed that it plans to raise $125 million via its ICO. The company first announced the plan to hold a token sale in May, taking advantage of a rush of investment based around selling dedicated crypto tokens to investors, and the event will take place from September 12, it confirmed. --> READ MORE

Fossil is betting big on fashion-focused Android Wear watches in 2018

By |August 30th, 2017|

 Fossil Group is doubling down on its Android Wear smartwatch investment with a range of new wearables, many of which feature full-round AMOLED displays, which offer perfectly circular touchscreen interfaces without any cutouts like those found on previous generations. Some of the new watches are on display at IFA this year, and will go on --> READ MORE

In the newest sign of a shakeout in coding boot camps, Galvanize is laying off 11 percent of staffers

By |August 30th, 2017|

 After years of explosive growth, coding boot camps are starting to scale back, if not shut down altogether. Two schools have announced plans to close this year: Dev Bootcamp in San Francisco and Iron Yard of Greenville, South Carolina. They have deep-pocketed parent companies, too, having been acquired by Kaplan and the Apollo Education Group, --> READ MORE

Crunch Report | Google Unveils ARCore

By |August 30th, 2017|

Google unveils ARCore, YouTube’s big redesign exits out of beta, Google Maps now makes it easier to find parking and Thiel backs offshore herpes vaccine trial. All this on Crunch Report. Read More Source: News

Uber finally confirms that Khosrowshahi will be its new CEO, and Kalanick ‘couldn’t be happier’

By |August 30th, 2017|

 It’s officially official. News reports have been telling you since Sunday that Expedia CEO Dara Khosrowshahi had been offered the CEO role at Uber, but that was based on sources, not any company statements. It also wasn’t entirely clear if he had formally accepted the offer. Uber didn’t make an announcement until just now. Here --> READ MORE

Go big and go analog with the Lomo’Instant Square camera

By |August 30th, 2017|

 We don’t do a lot of Kickstarter posts because the outcomes of crowdfunding campaigns, especially hardware ones, are notoriously unpredictable. But it’s with an easy conscience that I recommend Lomography’s new instant film camera; I backed the company’s last one, the Automat, and it’s been fantastic. This one looks similarly fun, and shoots in a --> READ MORE

AI startup Appier gets $33M Series C from investors, including SoftBank Group, Line Corp. and Naver

By |August 30th, 2017|

 Appier, a Taiwanese startup that helps companies harness artificial intelligence to make marketing decisions, announced today that it has raised a $33 million Series C round from an impressive roster of Asian investors. They are SoftBank Group Corp., Line Corp., Naver Corp., EDBI and Hong Kong-based financial services firm AMTD Group. Read More Source: News

Watch finalists strive for speed in SpaceX’s Hyperloop Pod competition

By |August 29th, 2017|

 SpaceX this past weekend held its second Hyperloop Pod design competition for student teams at the 0.77 mile-long test track it built near its Hawthorne HQ, and we were there to witness the final showdown between the top three qualifying competitors. The day was an exciting one with the teams eager to show that their --> READ MORE

How tech companies are helping Texans affected by Hurricane Harvey

By |August 29th, 2017|

 For Houston area residents still being pounded by record rains, Harvey is a marathon — a vast sprawl of a natural disaster still so present that its impact can’t yet be accurately assessed. In response, locals across the region have come together. The tech industry too is coming together to alleviate the suffering of those --> READ MORE

DOJ is investigating Uber for possible foreign bribes

By |August 29th, 2017|

 The global ridesharing company, which has come under added scrutiny for allegations of sexism and various other lawsuits in recent months, may be finding itself in more hot water. According to The Wall Street Journal, the Department of Justice is evaluating whether managers breached the Foreign Corrupt Practices Act, which relates to bribing foreign officials. Read --> READ MORE