andreymi

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Buy Stock In Pillar Companies Like HubSpot, Wayfair, iRobot

While I regularly invest in a low-expense index fund each month, I consider individual stocks to be much riskier.<p>One idea I’ve had is to assemble an index of pillar companies — publicly-traded technology companies that invest capital and supply talent to nearby startups, buy their products, and …

Startups

Meet the startups that just pitched at EF’s 7th Demo Day in London (and our top picks)

Company builder and early-stage investor Entrepreneur First’s Demo Day for its seventh London cohort has just taken place. The event, held in Kings Cross, saw 18 newly outed startups pitch their wares onstage to investors, press and other actors in the European tech scene.<p>But before I give a …

General Electric wants to build a $1 billion 3D-printing empire

Industrial titan General Electric Co. announced on Tuesday plans to acquire two industrial metal 3D printing companies, Sweden-based Arcam AB and Germany-based SLM Solutions Group AG, for a total of $1.4 billion.<p>If the combined deal is approved, it will be by far the largest deal ever in the …

General Electric

Walmart buys Jet.com for $3 billion to take on Amazon

Jet.com was supposed to give Amazon a run for its money.<p>It's still going to do that, but with Walmart's backing.<p>Walmart has acquired ecommerce …

Here's why Israel could be the next Silicon Valley

One of the most influential people in Israel's tech scene just gave an incredibly compelling argument on why her country will breed the next Silicon Valley. It's all about talent.<p>On stage at the Bloomberg Technology Conference in 2016, Inbal Arieli, vice president of strategic partnerships at …

Silicon Valley

HomeToGo, the metasearch engine for holiday rentals, raises $20M

HomeToGo, the Berlin-headquartered metasearch engine for holiday rentals, has closed $20 million in Series B funding. Noteworthy for a European startup, the round is being led by New York-based VC Insight Venture Partners, along with participation from the company’s previous backers DN Capital, and …

Continental to augment reality on your windshield

BMW offers a pretty impressive heads-up display (HUD) on its cars, with color graphics projected on the windshield to give navigation and vehicle speed information, but at Nvidia's GTC developer conference, Christian Reinhard demonstrated the next generation of heads-up display, using augmented …

Slack’s growth is insane, with daily user count up 3.5X in a year

Plenty of startups have tried and failed to make enterprise software sexy, but Slack made it viral. Its growth rate is unheard of. Both Slack’s daily user count and its paid seat count are up 3.5X in just a year. Tons of people have still never heard of it, but with this momentum, they probably …

London startup 'Babylon' thinks its AI doctor could predict your future health

London-based digital healthcare startup, Babylon is an artificially intelligent ‘doctor’ that aims to prevent illnesses before they occur. To do this, the program tracks your daily habits, diagnosis illness based on symptoms and integrating data about heart rate, diet and medical records.<p>Currently, …

Sequoia Capital is betting $13 million on a peer-to-peer insurance startup

Sequoia Capital, one of the best known venture capital firms in Silicon Valley, has invested in many notable startups—including Apple, Google, PayPal, and, more recently, Stripe and Instagram. Now, the firm is part of a $13 million seed round (alongside Aleph Ventures) in Lemonade, a peer-to-peer …

Venture Capital

Slack introduces $80M developer fund and extensive app directory

At an evening event in San Francisco today, communications company (and rapidly growing unicorn) Slack announced two major accommodations for third-party app developers on the platform.<p>The first: an $80 million developer fund, created in partnership with Accel, Andreessen Horowitz, Index Ventures, …

Apps

Tesla announces the companies selling the Powerwall in Australia

It's been a long wait, but Tesla has announced it will be bringing its energy storage solution, the Powerwall, to Australia through energy retailers …

Cybersecurity start-ups are proliferating, but sorting out what works and what doesn't is tricky

His reputation scorched by Edward Snowden, the former director of the National Security Agency is heading a cybersecurity start-up that aims to shortcircuit data leakers, cyber warriors, terrorists and thieves.<p>Keith Alexander's new company, IronNet, is just one of dozens, possibly hundreds, of …

D-Link takes all the smart things and puts them together in one Komfy light switch

Well, it was bound to happen. Finally every smart home <i>New Toy of the Day</i> has converged into one product. D-Link’s new Komfy Smart Home Device is a combination surveillance camera, light switch, temperature and air quality monitor that pushes out all the usual notifications if something goes awry.<p>So …

Home Automation

Google just released new AI software that can learn faster

Google is ignoring everything the Terminator franchise taught us and is releasing "TensorFlow", open-source software that helps computers learn quicker than ever before. The software is a branch of artificial intelligence called "machine learning," tech that has already found a home in Google …

Artificial Intelligence

The New Science of Customer Emotions

When companies connect with customers’ emotions, the payoff can be huge. Consider these examples: After a major bank introduced a credit card for Millennials that was designed to inspire emotional connection, use among the segment increased by 70% and new account growth rose by 40%. Within a year …

eCommerce

Google-backed startup Magic Leap could be raising $1 billion in funding — one of the biggest deals ever

According to that report, such a deal would value Magic Leap at $4.5 billion. South Florida Business Journal is Magic Leap's hometown newspaper of record, theoretically placing it close to the source.<p>The only other tech companies to ever raise $1 billion in a single round were Uber, which managed …

Naspers Buys Majority Stake In Russian Classifieds Site Avito For $1.2B

Naspers, the South African conglomerate that invested in China’s Tencent among others, is upping its stake in Russia-based Avito, the third largest classifieds site in the world, by way of a $1.2 billion investment.<p>The firm announced that it will increase its existing 17.4 percent ownership to a …

BlaBlaCar COO Nicolas Brusson To Talk About France’s New Unicorn At Disrupt London

It seems like nothing can stop BlaBlaCar. The company has been building a global ride-sharing marketplace for long distance rides. And it’s working, as it recently raised €180 million at an insane valuation of €1.4 billion (or $200 million at a $1.6 billion valuation). That’s why we are excited to …

Startups

Apple Acquires Speech Technology Startup VocalIQ

Apple has purchased VocalIQ, a startup located in the United Kingdom that has developed a natural language API to allow computers and people to have a more natural dialogue, reports <i>Financial Times</i>. According to VocalIQ's website, the company has developed a self-learning dialogue API built on 10 …

Pronoun, A Self-Publishing Platform For Authors, Is Ready To Serve Humanity

Pronoun, a self-publishing system that aims to help authors get their books edited and printed, is beginning the long road to making it easier for self-published authors to get noticed. First stop? Getting authors onto the platform.<p>The company, founded by Josh Brody and Ben Zhuk, raised $3.5 …

Tesla is entering another crisis

The company then upped the amount of stock on offer, to $640 million. CEO Elon Musk will likely purchase $20 million in shares himself.<p>The move surprised no one who has been following the ups and downs of Tesla's fortunes and stock price over the past 12 months, although it came sooner than anyone …

Tesla

Cloud Security Platform Zscaler Raises A $100M Series B Round Led By TPG, Now Valued At Over $1B

Security platform Zscaler today announced that it has raised a $100 million Series B funding round led by late-stage investor TPG. The company, which offers a wide range of web, mobile and cloud security services for enterprises, has now raised a total of $138 million and says that its valuation in …

LED Smart Light Bulbs with Bluetooth Mesh

ilumi Open Box Special Sale<p>Save big on select ilumi Open Box Smart Lighting Products!<p><b>SHOP DEALS</b><p>SEE WHAT ILUMI CAN DO<p>The World's SMARTEST Light …

Slack expects some big revenue this year

Workplace messaging app Slack, recently valued $2.8 billion, expects to bring in $30 million in revenue this year.<p>CEO and co-founder Stewart …

Tesla uses this recruiting service to find talent

If you’re looking for a sales job at Tesla, you might consider going through Jobsuitors. The electric car company is using the recruiting app to source positions for its U.S. sales team.<p>Jobsuitors wants to be the one-stop-shop for startups on the hunt for workers. So this is just the latest win for …