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Emerging Tech

Chinese autonomous vehicle startup Momenta raises money on $1B valuation

By Duncan Riley Oct 18, 2018

Chinese autonomous vehicle startup Momenta has raised new funding on a unicorn valuation of $1 billion. Although the amount raised was not disclosed, the company, formally known as Beijing Chusudu Technology Co. Ltd., said…

Blockchain

Cryptocurrency wallet and custody startup BitGo raises $57.5M

By Duncan Riley Oct 18, 2018

Enterprise cryptocurrency wallet and custodial services startup BitGo Inc. Thursday said it has raised $57.5 million in new funding to support the development of its “$1 trillion crypto wallet.” The Series B round included Goldman Sachs,…

Infra

Samsung begins mass-producing next-gen chips built using extreme ultraviolet light

By Mike Wheatley Oct 18, 2018

Samsung Electronics Co. Ltd. said today it’s starting mass production of semiconductors built with its 7-nanometer Low Power Plus process after finally perfecting the technology. Samsung’s 7nm LPP process technology is significant because it’s…

Blockchain

SEC launches hub to educate and assist fintech startups

By Duncan Riley Oct 18, 2018

In a departure from simply suing startups when they break the law, the U.S. Securities and Exchange Commission has launched a new service to educate and assist financial technology companies so it can avoid having…

Cloud

Despite beating earnings projections, Atlassian’s stock drops again

By Mike Wheatley Oct 18, 2018

Enterprise software company Atlassian Corp. Plc struggled to brush off investor concerns relating to its profitability, despite posting fiscal first-quarter financial results that beat market expectations. The company, which sells a range of collaboration,…

Emerging Tech

Report: Uber working on an on-demand labor hire service

By Duncan Riley Oct 18, 2018

Uber Technologies Inc.’s never-ending quest to make money has taken a new twist with a report that the ride-hailing giant is testing an “on-demand” labor hire service. The Financial Times claimed that the service, called Uber…

Cloud

A cooling in tech IPOs? Investors yawn at SolarWinds’ return to public market

By Duncan Riley Oct 18, 2018

Updated: Infrastructure management software firm SolarWinds Inc. went public Friday, but unlike some recent tech initial public offerings, investor reaction on its public market debut Friday was so-so. The company had cut the price…

Apps

Samsung debuts the Galaxy Book2, a new challenger to Microsoft’s Surface Pro

By Maria Deutscher Oct 18, 2018

Fresh off the Galaxy Note 9 launch event, Samsung Electronics Co. Ltd. today unveiled another addition to its mobile lineup that directly challenges Microsoft Corp.’s Surface Pro. The Galaxy Book2 is a Windows two-in-one…

Blockchain

Big companies are circling cryptocurrencies, but concerns push Hosho to strengthen security

By Mark Albertson Oct 18, 2018

Most people today don’t think twice about putting their hard-earned dollars into a bank. Yet, there is a growing sense of unease for users in the global cryptocurrency community that the platforms for storing…

Apps

Atlassian modernizes Jira with new look, features to boost developer productivity

By Maria Deutscher Oct 18, 2018

Since Atlassian Corp. PLC first released Jira 16 years ago, the project management tool has become a fixture in software development initiatives. Today, the company is giving its flagship product a makeover to meet…

the latest

Chinese autonomous vehicle startup Momenta raises money on $1B valuation

Cryptocurrency wallet and custody startup BitGo raises $57.5M

SEC launches hub to educate and assist fintech startups

Report: Uber working on an on-demand labor hire service

Samsung debuts the Galaxy Book2, a new challenger to Microsoft’s Surface Pro

Big companies are circling cryptocurrencies, but concerns push Hosho to strengthen security

Atlassian modernizes Jira with new look, features to boost developer productivity

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