Maria Deutscher
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Autonomous delivery startup Nuro picks up $940M from SoftBank
For a market that didn’t exist a couple years ago, the nascent autonomous delivery market is certainly drawing a lot of investor interest. Nuro Inc., a startup looking to use self-driving vehicles to pick up groceries for consumers, today announced that it has closed a staggering $940 million investment from SoftBank Group Corp.’s Vision Fund. ...
Report: Amid pushback, Amazon reconsidering $2.5B New York campus
Amazon.com Inc.’s highly publicized plan to build a $2.5 billion corporate campus in New York may be at risk of cancellation, according to a new report. The Washington Post today cited sources saying the company is considering relocating the project because of a backlash from local politicians and activists. Much of the criticism so far has focused on ...
With ClusterFuzz, Google aims to help developers catch application vulnerabilities
The complexity of modern applications makes finding security issues and other flaws tricky even for large tech firms with plenty of engineering know-how. To simplify this task for its developers, Google LLC has created ClusterFuzz, an automated bug detection tool that it open-sourced on Thursday. The tool uses a method known as fuzz testing to uncover ...
Fresh off a funding round, food delivery startup Postmates files for IPO
Postmates Inc., one of the major players in the multibillion-dollar food delivery segment, is going public. The company today disclosed that it has filed for an initial public offering with the U.S. Securities and Exchange Commission. The filing itself is confidential, with Postmates saying that the financial details have not yet been hammered out. But a ...
Amazon backs mammoth $530M round for autonomous driving startup Aurora
Aurora Innovation Inc., an autonomous driving startup that exited stealth just over a year ago, today revealed that it has secured a mammoth $530 million funding round from a who’s who of technology investors. Famed venture capital firm Sequoia Capital led the consortium. It was joined by Amazon.com Inc., Wall Street heavyweight T. Rowe Price ...
Germany bans Facebook from merging user data across services without consent
Germany’s antitrust agency today issued a ruling that seeks to limit what Facebook Inc. can do with user data from its services and the broader web. The order follows a lengthy investigation that the agency, known as the Bundeskartellamt, launched in March 2016. At issue is Facebook’s practice of merging the data it collects about users across ...
As electric scooters and bikes take over cities, Lime bags $310M at $2.4B valuation
LimeBike Inc., one of the startups driving the proliferation of on-demand scooters and bikes in major cities, today announced that it has closed a $310 million funding round at a $2.4 billion valuation. The investment has been a long time coming. Rumors about Lime raising more money started emerging in mid-2018, with one early leak having claimed that both Alphabet ...
Seeking new source of growth, Spotify acquires podcast startups Gimlet and Anchor
Spotify Technology SA is looking to tap into the rapid growth of the podcast industry as part of an effort to boost revenues and attract new users. The music streaming provider today announced that it has picked up Gimlet Media Inc. and Anchor FM Inc., two New York-based podcasting startups each focused on a different part of ...
VMware acquires partner AetherPal to sharpen its IoT focus
VMware Inc. is expanding its product portfolio with the acquisition of partner AetherPal Inc., which develops software that helps companies support employee endpoints and “internet of things” devices. Shankar Iyer, the vice president of end-user computing at VMware, wrote today that the deal, whose terms weren’t disclosed, will bolster the company’s Workspace One platform. It provides a collection ...
With new security tools, Google looks to reduce the impact of data breaches
Google LLC wants to make the web a little safer by alerting consumers if one of their online accounts is compromised in a data breach. The core component of the company’s plan is Password Checkup, a free extension for Chrome that it launched today. The add-on detects when a user logs into a website and ...