Eric David
Latest from Eric David
Toshiba finally picks preferred bidder for its chip business, and it’s not Foxconn
Japanese electronics company Toshiba Corp. has been looking to sell its lucrative flash memory business for more than half a year, and interested businesses included some of the biggest companies in the tech industry. Today, Toshiba finally announced its preferred bidder for the deal, and it has decided on a consortium that includes American buyout ...
Cybersecurity firm Cybereason scores $100M investment from Softbank
Several high-profile cyberattacks this year have shown businesses that cybersecurity is as vital as ever. That’s good news for security startups such as Cybereason Inc., which today announced an unusually large $100 million late-stage funding round from SoftBank Corp. SoftBank has invested in Cybereason’s previous funding rounds, which have also included participation from companies such as CRV, Spark ...
Amazon Prime Wardrobe is a new ‘try before you buy’ clothes service
Amazon.com Inc. has come a long way since its days as a simple online bookseller, which it demonstrated last week when it bought upscale grocery chain Whole Foods Market Inc. for $13.7 billion. Today, the ecommerce giant once again branched out into new territory with the announcement of Amazon Prime Wardrobe, a new delivery service for Prime ...
Keypr raises $12.8M to build cloud-based mobile services for hotels
Cloud startup Keypr wants to make it easy for hotels to build mobile experiences for their guests, and today the Los Angeles-based company announced that it has just closed a $12.8 million funding round to expand its platform. Founded in 2013, Keypr provides a software as a service platform for hotels that allows their guests to check in, ...
Voter records for 200M Americans leaked in ‘largest known data exposure of its kind’
The voter records of more than 198 million Americans have been compromised in what some security experts are calling “the largest known data exposure of its kind.” Deep Root Analytics, a data firm working for the Republican National Committee, had stored 1.1 terabytes of voter data on a publicly accessible server with no form of encryption or ...
Buy Slack? Pffft. Instead, Amazon gobbles up Whole Foods in $13.7B deal
It looks like Amazon.com Inc. is even more serious about getting into the grocery business than anyone thought, as the e-commerce giant has just swallowed up Whole Foods Market Inc. in a deal that cements Amazon’s intention to apply its fearsome technology and distribution systems to the entire retail industry online and off. The blockbuster $13.7 billion ...
Facebook asks help to answer the ‘hard questions’ of running a global community
Facebook Inc. turned 13 years old this year, and the social media giant is still coming to grips with the fact that its platform now includes nearly 2 billion people, more than a quarter of the Earth’s population. Saying it does not take this responsibility lightly, the company today announced that it plans to answer ...
Amazon’s forgotten Dash Wand gets Alexa and Prime users get it virtually free
Amazon.com Inc. is giving another shot to the Dash Wand, a small, connected gadget with a barcode scanner that is supposed to make it easy to reorder groceries and other household items. The Dash Wand never seemed to enjoy the same popularity as the Amazon Dash Buttons, but Amazon is looking to change that by ...
Facebook made an almost sneaky AI that negotiates better deals for itself
Can we use artificial intelligence to solve our everyday disagreements? Facebook Inc. thinks so, and today the social media giant published a paper that shows how an AI could be used to negotiate like a human. The paper was published by researchers from the Facebook Artificial Intelligence Research lab, and they explained that negotiation is “an interesting ...
Privacy-focused voice AI startup Snips raises $13M
Artificial intelligence startup Snips announced today that it has raised $13 million for its privacy-focused voice AI platform, which gives app makers an alternative to first-party services such as Amazon.com Inc.’s smart assistant Alexa. The funding round was led by Korelya Capital and MAIF Avenir, and it also included participation by BPI France and previous investor Eniac ...