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Emerging Tech

Apple’s updated ARKit augmented reality software platform will finally see walls

By Eric David Jan 24, 2018

Apple Inc. is opening up some new possibilities for augmented reality developers with its next ARKit update, which the company revealed today. Announced in June at Apple’s Worldwide Developer Conference, ARKit bundles several AR…

Emerging Tech

SoftBank leads $865M round into Katerra, a startup that manufactures buildings

By Maria Deutscher Jan 24, 2018

Katerra Inc., a startup trying single-handedly to “redefine” the $12 trillion construction industry, has found a new deep-pocketed backer to finance its ambitious plan. The three-year-old company today announced the completion of a massive…

Infra

Harry Potter computing can’t make hardware go ‘poof’ yet

By R. Danes Jan 24, 2018

Just because lots of businesses have chucked their data center hardware and moved to cloud infrastructure as a service, doesn’t mean hardware has dissolved in a black hole. Cloud providers hyper-optimize hardware that can…

Emerging Tech

Nexar raises $30M to protect drivers with its AI-powered dashcam app

By Eric David Jan 24, 2018

Israel-based startup Nexar believes that we don’t have to wait for the self-driving car revolution to make the roads safer with artificial intelligence. Today the company announced that it has raised $30 million in…

Infra

Cisco to acquire hyperconverged infrastructure startup Skyport Systems

By Maria Deutscher Jan 24, 2018

Cisco Systems Inc. today announced plans to acquire Skyport Systems Inc., a five-year-old hyperconverged infrastructure provider backed by $67 million in funding. Investors in the startup include big names such as Intel Capital, Alphabet Inc.’s…

Infra

EU fines Qualcomm $1.2B for paying Apple to ignore rival chipmakers

By Eric David Jan 24, 2018

The European Commission early today ordered mobile chipmaker Qualcomm Technologies Inc. to pay a 997 million euro ($1.23 billion) fine for allegedly violating EU antitrust laws. The EU’s complaint centers on an exclusivity deal Qualcomm made with Apple Inc., which was in…

Apps

Sequoia and DFJ bet $66M on Front’s collaborative inbox

By Maria Deutscher Jan 24, 2018

Front App Inc. wants to retool the traditional email inbox for the era of team chat applications and cross-platform customer interactions, and today it said it has raised $66 million to expand its efforts.…

Infra

Researchers warn new Lebal malware is seeking high-profile targets

By Duncan Riley Jan 24, 2018

A malicious new form of malware targeting universities, government organizations and private companies has been detected in what could potentially be the first major state-sponsored attack of 2018. Called “Lebal” by security researchers at…

Cloud

Amazon Web Services acquires advanced threat detection startup Sqrrl

By Duncan Riley Jan 23, 2018

Amazon Web Services Inc. has acquired Sqrrl Data Inc., a Massachusetts-based cybersecurity software company that specializes in advanced threat detection for large enterprises. The price of the deal, first rumored last month, was not disclosed…

Infra

Cumulus Networks lands $43M funding as investors bet on shift to open networks

By Mike Wheatley Jan 23, 2018

Open networking company Cumulus Networks Inc. has closed on a $43 million late-stage funding round as it bids to capitalize on an enterprise shift to more agile data center operations that can change quickly…

the latest

Apple’s updated ARKit augmented reality software platform will finally see walls

SoftBank leads $865M round into Katerra, a startup that manufactures buildings

Harry Potter computing can’t make hardware go ‘poof’ yet

Nexar raises $30M to protect drivers with its AI-powered dashcam app

Cisco to acquire hyperconverged infrastructure startup Skyport Systems

EU fines Qualcomm $1.2B for paying Apple to ignore rival chipmakers

Sequoia and DFJ bet $66M on Front’s collaborative inbox

Researchers warn new Lebal malware is seeking high-profile targets

Cumulus Networks lands $43M funding as investors bet on shift to open networks

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