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Emerging Tech

Report: Uber in talks to invest $170M into Lime with a future acquisition option

By Duncan Riley May 4, 2020

Uber Technologies Inc. is reported to be in talks to invest $170 million into electric scooter company LimeBike Inc. with an acquisition option, according to a report in The Information. The investment would value Lime at…

Apps

Robinhood raises $280M in new funding on $8.3B valuation

By Duncan Riley May 4, 2020

Free stock-trading app maker Robinhood Market Inc. said today it has raised $280 million in a new late-stage funding on an $8.3 billion valuation to allow it to invest in scaling up its platform. The…

Blockchain

Dapps startup Near raises $21M in token raise led by Andreessen Horowitz

By Duncan Riley May 4, 2020

Decentralized applications startup Near Inc. today announced a $21 million token raise alongside the launch of its Protocol MainNet. The token funding was led by Andreessen Horowitz’s a16z fund. It’s the fund’s first investment…

Infra

IDC now predicts IT spending will decline 5.1% in 2020

By Mike Wheatley May 4, 2020

The COVID-19 pandemic is forcing enterprises to cut back on their technology spending, according to the latest forecast from International Data Corp. The research firm today updated its worldwide information technology spending forecast, now projecting…

Cloud

Microsoft debuts Azure VMware Solution in preview

By Mike Wheatley May 4, 2020

Microsoft Corp. today announced the launch of its long-awaited Azure VMware Solution, which makes it cheaper and easier for customers to migrate VMware applications on-premises in data centers to the company’s public cloud infrastructure…

Cloud

Latest enhancements for the open hybrid cloud help fill Red Hat’s wish list

By Mark Albertson May 4, 2020

Coming into its Summit Virtual Experience at the end of April, Red Hat Inc. clearly had a checklist of items it wanted to accomplish. Take virtual machines and bring them into containers? Check. Announce…

Apps

Apple refreshes 13-inch MacBook Pro with quad-core Intel chips, new keyboard

By Maria Deutscher May 4, 2020

Apple Inc. today pulled back the curtains on a refreshed version of the 13-inch MacBook Pro with quad-core processor options, significantly more storage capacity and, perhaps most important, an overhauled keyboard. The laptop will…

Policy

AWS vice president and senior engineer Tim Bray resigns after worker firings

By Maria Deutscher May 4, 2020

Tim Bray, a distinguished engineer and vice president at Amazon Web Services Inc., penned a blog post today announcing that he has quit over “Amazon firing whistleblowers who were making noise about warehouse employees…

Infra

Nvidia to acquire Sequoia-backed networking startup Cumulus Networks

By Maria Deutscher May 4, 2020

Nvidia Corp. today announced that it has struck an agreement to acquire Cumulus Networks Inc., a data center networking startup backed by $129 million in funding from Sequoia Capital, Andreessen Horowitz and others. The…

Cloud

Quick Base boosts low-code platform with drag-and-drop integration, workflow automation

By Kyt Dotson May 4, 2020

Quick Base Inc., a low-code platform for operational agility, today announced the addition of drag-and-drop integration and new workflow automation functions that will allow business users to build and execute workflows connected to third-party…

the latest

Report: Uber in talks to invest $170M into Lime with a future acquisition option

Robinhood raises $280M in new funding on $8.3B valuation

Dapps startup Near raises $21M in token raise led by Andreessen Horowitz

Latest enhancements for the open hybrid cloud help fill Red Hat’s wish list

Apple refreshes 13-inch MacBook Pro with quad-core Intel chips, new keyboard

AWS vice president and senior engineer Tim Bray resigns after worker firings

Nvidia to acquire Sequoia-backed networking startup Cumulus Networks

Quick Base boosts low-code platform with drag-and-drop integration, workflow automation

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