Eric David
Latest from Eric David
ShipBob raises $17.5M to expand its warehouse as a service platform
No matter how much of our lives becomes digital, we still need to buy real things, but not every company wants to pay for warehouses around the country. Chicago-based startup ShipBob Inc. is looking to fix that by offering warehouse and shipping logistics as a service, which it’s looking to expand with $17.5 million in ...
Uber CEO takes leave as company tries to ‘reset the culture’
Uber Technologies Inc. Chief Executive and co-founder Travis Kalanick has taken a leave of absence from the company, which is currently facing some of its toughest challenges ever from both inside and outside the company. In addition to Uber’s ongoing legal battle with Alphabet Inc.’s Waymo, the popular ride-hailing company has also been struggling against longstanding allegations ...
New York Times moderates comments using Google’s AI
In a perfect world, comment sections on news sites would be a great place to have rational discussions about what is happening in the world. Unfortunately, we do not live in a perfect world, and bitter disagreement and name calling often lead many sites to choose to lock comments entirely rather than deal with them. The ...
Foxconn confirms Apple and Dell will join in its bid for Toshiba’s memory chip business
Foxconn Technology Group is teaming up with Apple Inc., Dell Inc. and Kingston Technology Corp. to make a bid on Toshiba Corp.’s highly profitable memory business, Foxconn Chief Executive Terry Gou told Reuters today. Hurting for cash, Toshiba is looking to sell its semiconductor segment as soon as possible, and a number of major players in ...
Report: Andy Rubin’s Essential smart device company raises $300M
In May, Android creator Andy Rubin launched smart device company Essential Products Inc. to build devices for “the way people want to live in the 21st century” — the first one, the Essential Phone, introduced last week. Now, Rubin has some money to carry out the larger vision, as Bloomberg reported Thursday that Essential recently closed a massive $300 million funding ...
Algolia raises $53 million for its search as a service platform
Algolia Inc., which powers search features for major websites such as Periscope, Twitch and Medium, today announced it has raised $53 million to keep expanding its platform. The Series B funding round for the search startup was led by Accel Partners, which also led Algolia’s $18 million Series A funding round in 2015. The new round also ...
Facebook will use anonymized data to build real-time disaster maps
Facebook Inc. announced a new disaster relief initiative today that will put its huge stores of user data in the hands of emergency response organizations. Coordinating relief efforts during major disasters is tough, and it can be difficult to know what areas are in the most immediate need for help. Facebook is looking to solve ...
Coursera raises $64M to expand its e-learning platform for the enterprise
Online learning platform Coursera Inc. has raised $64 million in late-stage funding to continue expanding its training programs for the enterprise. This brings Coursera’s total funding to $210.3 million and sets the company’s valuation at $800 million. According to Coursera, the majority of the Series D funding came from existing investors GSV Asset Management, New Enterprise Associates, Kleiner Perkins ...
Quantifi raises $2.3 million to let brands test their ads with AI
Marketing research and development startup Quantifi wants to use artificial intelligence to change the way brands test their ads, and today the company announced that it has raised $2.3 million in seed funding to expand its platform. The funding was led by High Alpha Capital, which co-founded Quantifi, and Router Ventures. The round also included participation ...
Sesame Workshop and IBM build AI-powered learning platform for schools
IBM Corp. announced today that it has teamed up with Sesame Workshop, the nonprofit behind the long-running Sesame Street TV series, to build a classroom artificial intelligence-powered education platform using IBM Watson. The new “intelligent play and learning platform” is powered by IBM Cloud, and it allows educators to build learning experiences using “Jeopardy”-playing Watson’s cognitive capabilities and ...
