Skip to main content

Posts

Showing posts from October, 2018

MapAnything gets $42.5 million to expand "Location-of-Things" services

Charlotte based MapAnything, a provider of location services for the likes of Pendo, Maritim Hotels, Lunchr, Dyax and Valvoline just closed on $42.5 million Series C funding from new investors GM Ventures, GlobalTranz CEO Andrew Leto and existing investors Salesforce Ventures, Greycroft, Harbert Growth Partners, and David Stern.

As part of this investment, Andrew Leto will be joining the company's board. MapAnything is aiming to expand ledership in what is dubbed as the "Location-of-Things" market. It provides location services for various industries ranging from Fleet Management Software Solutions to Data for prospecting & lead Generation to guides for Multi-day Routing Optimization and several others.


It currently offers these solutions to to some of the world's largest financial, manufacturing and CPG companies in the Fortune 500 and Forbes Global 2,000. It'll make use of this funding to to expand its reach in key markets, broaden its developer community …

The new Mac Mini brings five times performance, More Memory Capacity, 6-Core Processors and more

Apple unveiled the new Mac Mini just recently and has outed what brings five times performance than its predecessor, 6-Core Processors, all-flash storage and up to 64GB of faster memory which places it as the most powerful Mac Mini ever made.

It's fitted with Thunderbolt 3 ports, the Apple T2 Security Chip and a 10Gb Ethernet option making it more faster and also secure for users. It's five times performance is made possible through its quad- and 6-core 8th-generation Intel Core processors with Turbo Boost Speeds up to 4.6GHz and Intel UHD graphics.




This enables the new Mac Mini take on traditional desktop tasks like music creation and software development, photo and video editing and professional tasks like video transcoding, code compiling and live musical performances with ease. With up to 64GB of 2666 MHz memory, It can load larger files into memory, run more virtual machines or manipulate even larger data sets.

It now features the speed and reliability of all-flash stora…

Apple introduces an all-new Macbook Air

Apple has outed a new MacBook Air packed with a stunning 13-inch Retina display, Touch ID and the latest processors in a portable design. It's one that delivers all-day battery life and features an Apple-designed keyboard, faster SSDs, a spacious Force Touch trackpad, wide stereo sound and the Apple T2 Security Chip and Thunderbolt 3.

The new Macbook Air is fitted with a stunning 13.3-inch Retina display with over 4 million pixels of resolution to cater for sharp image looks. Images are more lifelike with 48% more color than the previous version. It also includes a built-in FaceTime HD camera suitable for Group FaceTime calls and a a three microphone array that caters for enhanced sound quality and improved voice recognition for Siri.


The T2 Security Chip makes it much more secure with an SSD controller with on-the-fly data encryption for everything stored on it that enables the most secure boot process and storage of any Apple notebook.

An 8th generation Intel Core i5 processor,…

Apple outs the most powerful iPad ever

Apple today launched the new iPad Pro with an all-screen design that counts as its most powerful iPad ever. The new device marks the biggest change to the iPad ever with its all-screen design and high performance thanks to a custom chip along with other features such as Face ID, a new USB-C connector, Gigabit-class LTE and up to 1 Terabyte of storage.

It sports the A12X Bionic chip which outperforms most PC laptops and stands as the most powerful chip in a tablet that caters for even the most demanding computing tasks such as creation of 3D models and editing of high quality photos among others.


The  A12X Bionic is built on seven-nanometer technology and features four performance cores and four efficiency cores that cater for up to 35 percent faster performance. It's also fitted with a new performance controller that enables simultaneous use of all eight cores for an up to 90 percent boost during multi-threaded tasks.

Apple’s next-generation Neural Engine featured in this new iPa…

HeadSpin closes $20 million round at $500 million valuation

HeadSpin, a fast growing software firm that provides a mobile performance platform used by the likes of Tinder, Akamai and DocuSign has raised $20 million Series B funding from new investors ICONIQ, EQT Ventures, Battery Ventures, Quora founder Adam D'Angelo, Kearny Jackson, Ross Mason and Ryan Hoover who all joined existing investors GV, Telstra Ventures, DanHua Capital, Nexus Ventures Partners and others.

TechCrunch reports of this round valuing the company which emerged from stealth just last year at $500 million. HeadSpin was founded by Former Zynga CTO Manish Lachwani and ex Palantir engineer and Nextop founder Brien Colwell who hold the positions of CEO and CTO respectively.

Its platform spans more than 22,000 SIM-enabled devices at over 150 locations and enable customers to quickly debug, test and optimize for user experience and performance under real-world conditions around the globe. It's customers in total serve approximately 3 billion of the world's mobile user…

Coinbase raises $300 million at post-money valuation of $8 billion

Crypto exchange Coinbase has closed a $300 million Series E round led by Tiger Global with participation from Andreessen Horowitz, Polychain, Y Combinator Continuity, Wellington Management and others and is now valued at $8 billion post-money as per its statement.

Coinbase is gearing this financing towards global expansion, offering of more crypto assets, utility applications for crypto and courting of institutions into the digital currency scene.

"Coinbase is, and will remain, a crypto-first company. More than anything, we’re proud of the millions of people that have turned to Coinbase as their entry-point into crypto." An official blog post read.


"We take that responsibility very seriously. We strive to be the easy, trusted way for anyone to get started with cryptocurrencies. We see Coinbase’s growth as validation that the ecosystem will only continue to grow in size, influence and impact — ultimately ushering in a more open financial system for the world." It s…

The Mercedes-Benz baby carriage Avantgarde offers great child mobility

An all-new Mercedes-Benz baby carriage Avantgarde that offers ergonomic functionality, tested safety and innovative materials geared at enhanced child mobility has been introduced to the market. The new product sports a modern, sporty look and is developed by German manufacturer Hartan in collaboration with the Mercedes-Benz Design department.

The result of this collaboration is a baby carriage characterized by ergonomic advantages, a low net weight, AMG design-inspired 5-twin-spoke wheels, a parking brake, telescopic handlebar and a stowage compartment as well as adjustable suspension and air-chamber tyres which assist in the everyday efforts of moving children around.


The carriage is produced by Hartan known to be deeply involved in the manufacturing of baby carriages having begun that since the 1950s. Hartan stands as an expert specialist in this field and has succeeded in producing what bears the German Association for Technical Inspection (TÜV) seal of approval and meets high re…

A limited 10 units of the 2018 Audi R8 V10 plus Coupe Competition are arriving next month

Just 10 units of the most performance-oriented production R8 model ever made and preconfigured with all the available Audi Sport performance parts will be available for grabs in the U.S. starting from next month.

The new model dubbed the R8 V10 plus Coupe Competition package caters for reduced vehicle weight and increased downforce over previous models through the use of titanium backing plates for the carbon ceramic brake pads. It also features 20 inch fully milled wheels similar to that of the R8 GT4 that saves another 26.4 pounds of weight and signifies another examples of motorsport technology brought to the road.


It's full carbon fiber aero kit increases its downforce at 150 km/h (93.2 mph) which counts as double compared to that of an R8 V10 plus Coupe. This downforce is also increased at by 100 kg to 250 kg at top speed of 315 kilometres per hour.

All 10 units stand identical and are fitted with the listed contents:

Dynamic SteeringBang & Olufsen sound systemThree-way a…

The 2019 Honda Civic Si packs new colors, upgraded tech and an Enhanced interior

Starting from the 1st of November, The 2019 version of the Honda Civic Si will arrive at dealerships where customers would be able to take home a vehicle which sports a range of interior improvements from the previous model, new exterior colors, an updated Display Audio system with a new interface and improved Bluetooth integration.

The sport tuned variants comes with a powerful 205-horsepower, 1.5-liter, direct injected and turbocharged in-line 4-cylinder engine with VTEC valvetrain, a helical limited-slip differential, a slick-shifting 6-speed manual transmission and an adjustable two-mode adaptive damper system.


It comes available in 2-door coupe and 4-door sedan body styles packed with a host of changes to its interior. In addition to its updated Display Audio system, it includes more intuitive steering wheel controls, larger cupholders, an improved electronic parking brake switch, and physical buttons for fan speed.

Platinum White Pearl has also been added to the vehicle's c…

Blue Apron kits are now available on Jet.com

Blue Apron's meal kits beginning today is now available for millions of households across most of New York as well as Jersey and Hoboken on Walmart owned e-tailer Jet.com's online and mobile platforms thanks to a partnership between both companies.

Blue Apron counts as a priority partner in Jet’s newly-launched City Grocery offering and will offer a dedicated branded experience featuring changing selections of two-serving recipes designed to serve Jet's customers.


The first kits that will be offered on Jet.com are:

Seared Steaks & Peperonata with Fregola Sarda Pasta & Grana Padano Cheese (2 servings, 28 oz) $22.99 Dukkah-Spiced Beef & Couscous with Tahini-Dressed Broccoli (2 servings, 41 oz.) $20.99 Togarashi Popcorn Chicken with Sweet Chili Slaw & Jasmine Rice (2 servings, 32 oz.) $18.99 Italian Farro Bowl with Roasted Vegetables & Mozzarella (2 servings, 32 oz.) $16.99 This announcement comes soon after Jet’s new relaunch with a new design geared at o…

IBM set for $34 billion Red Hat acquisition

IBM has now officially announced a move to merge with Red Hat, the world's leading provider of open source cloud software in a deal worth $34 billion under which IBM will play $190 per share for all issued and outstanding common shares of Red Hat.

This counts as an over 50% premium from the current price of Red Hat stock (about $117) as of writing. Both companies are merging to provide "open approach to cloud, featuring unprecedented security and portability across multiple clouds" as per an official press release.


An acquisition of Red Hat will stand as very significant for this year marking the largest for 2018 and one of the biggest in the entire tech industry so far. IBM will maintain Red Hat’s open source innovation legacy while scaling its vast technology portfolio and empowering its widespread developer community as per its statement.

“The acquisition of Red Hat is a game-changer. It changes everything about the cloud market,” IBM Chairman, President and CEO Ginn…

BMW fits the X5 with M Performance Parts

BMW has fitted the X5 SUV with additional performance parts targeted for customers who wish to selectively fine-tune the vehicle's sporty personality and give this aspect for emphasis. The new SAV (Sports Activity Vehicle) scheduled for worldwide launch next year has been kit with a new range of its signature M performance parts which include all-terrain wheels, carbon fibre exterior components, the Drive Analyser data analysis and optimization feature and several other perks.

For customers who desire to make good use of its off-road capability, the the 20'' M light alloy wheel Star Spoke 748 M with all-terrain tyres is now available for the 4th generation of the X5 which also sports an eye-catching BMW M logo on a rim finished in sporty matt black. Optional 22 inch M Performance wheels about 1kg lighter than comparable wheels of the same size thanks to a special manufacturing technique are also available.





A vast selection of M Performance components with roots in motor r…

Popular from The Techie

Nissan outs its most intelligent pickup idea, The Navara Dark Sky Concept

At the on-going vastly attended Hannover Motor Show, Nissan has outed a new concept featuring unconventional and groundbreaking features in form of the Nissan Navara Dark Sky Concept which highlights the company's growing versatility in the Light Commercial Vehicles (LCV) space.

The Navara Dark Sky Concept developed in the U.K in collaboration with the European Space Agency (ESA) is endowed with an advanced version of Nissan’s ProPILOT driver assistance technology while reflecting an aptness to power and tow a mobile astronomy laboratory as illustrated by the pictures.


Functioning as a mobile astronomy lab facilitated with a world-leading, observatory-class telescope on a denoted off-road trailer, The Dark Sky concept stands as a unique offering for customers while spotlighting a latest incorporation of the Nissan Intelligent Mobility feature for for upgraded safety.

“The Nissan Navara Dark Sky Concept is a brilliant example of Nissan serving as an authentic partner, empowering o…

Palantir said to be in skirmish with Morgan Stanley over valuation

Palantir has been reported to be involved in quite a collision with Morgan Stanley's mutual funds regarding the valuation of the data mining firm set for a said IPO in soon time. As per a report from Bloomberg, The bank's funds who hold a minority stake and estimated the company's value at just $4.4 billion, a far cry from its most recent $20 billion private valuation caused a stir with CEO Alex Karp and colleagues who tried to strike a deal to buy back all stock held by the mutual funds.

Morgan Stanley is said to have sold stock back to Palantir when similar frustrations where expressed last year but is not giving heed this time. Quite ironic is that Morgan Stanley's investment bank unit separate from its mutual funds but operating under the same umbrella reportedly valued the Palo Alto based company at $41 billion for a future public offering.


This clash has raised some questions about how privately held firms are valued and how Wall Street firms navigate relationsh…

Ex Oracle executive Thomas Kurian to replace Diane Greene as head of Google Cloud

Google Cloud head Diane Greene has announced she would be stepping down for that role with a notable replacement by name of Thomas Kurian, the former President of Product Development at Oracle who resigned from that position this year after being with the company for 22 years.

Kurian, a respected technologist and executive will officially join Google Cloud on the 26th of this month and will transition to the leadership role early next year. Greene will continue to lead till January and will remain a Director on the Alphabet board after Kurian takes over.




"The Google Cloud team has accomplished amazing things over the last three years, and I’m proud to have been a part of this transformative work. We have moved Google Cloud from having only two significant customers and a collection of startups to having major Fortune 1000 enterprises betting their future on Google Cloud, something we should accept as a great compliment as well as a huge responsibility." Greene said in a blo…

Dell said to involve more banks to raise cash for VMware tracking stock deal

Dell Technologies has been reported to working with investment banks to raise additional cash for a $21.7 billion offer to purchase tracking stock tied to its VMware unit in a move which could see the company return to the public markets.

This report comes from Reuters and cites people familiar with the matter. It comes after several investors in the tracking stock including Icahn Enterprises chair and billionaire businessman Carl Icahn. Several investors argue that the deal transfers too much value to Dell's owners, CEO Michael Dell and private equity backer Silver Lake.


Dell requires a majority of VMware stockholders to approve the deal which would see itself become a publicly listed company without a public offering. The tracking stock was issued in 2016 for the purchase of data storage company EMC for a hefty $67 billion price so it wouldn't pay all cash to prevent addition to its debt.

EMC acquired VMware in 2003 for $635 million in cash and later spun it off as a public…

Airtable raises $100 million from Benchmark, Thrive and Coatue at $1.1 billion valuation

Following a report from last month of Silicon Valley startup Airtable raising $100 million in new funding, This has now been confirmed with the startup having raised exactly just that from Benchmark, Thrive Capital and Coatue Management at a $1.1 billion valuation marking another entry into the unicorn club.

Airtable led by co-founder Howie Liu who currently services as CEO has now raised $162 million in total and counts 80,000 enterprise customers from the likes of Shopify, Box, Target, Medium, Netflix, Pinterest and Slack to small business firms.


According to a Forbes report, revenue for this year is on track to jump 400% to $20 million mostly from word of mouth with little marketing spend. Airtable's software enables collaboration on a database where users can easily customize and display link records to be used by other members.

Companies make use of it to streamline the work process and enable easy collaboration between employees while working on projects. Airtable backed wi…

Spotify has launched on the Apple Watch

Streaming service Spotify has introduced a new app for the Apple Watch bringing lots of music for users on the go. Apple Watch users can now enjoy an improved experience with enhanced control and the ability to connect to various speakers and devices.

With a tap on the wrist, Users can now listen to music of choice and also decide to DJ through a connection to external speakers via Spotify Connect. Accessing recently played songs is made very easy with the Apple Watch even with the phone in the pocked thanks to new integration.


For example, once users spot a new favorite track while partaking in activities such as bouncing between the gym, work, errands, or just chilling, a simple tap of the ♡ icon on the Watch screen saves it to the collection while the user continues his/her activity.

The new experience will be rolled out to Apple Watch users in oncoming weeks, The latest version (v.8.4.79) of Spotify is required for use.



MapAnything gets $42.5 million to expand "Location-of-Things" services

Charlotte based MapAnything, a provider of location services for the likes of Pendo, Maritim Hotels, Lunchr, Dyax and Valvoline just closed on $42.5 million Series C funding from new investors GM Ventures, GlobalTranz CEO Andrew Leto and existing investors Salesforce Ventures, Greycroft, Harbert Growth Partners, and David Stern.

As part of this investment, Andrew Leto will be joining the company's board. MapAnything is aiming to expand ledership in what is dubbed as the "Location-of-Things" market. It provides location services for various industries ranging from Fleet Management Software Solutions to Data for prospecting & lead Generation to guides for Multi-day Routing Optimization and several others.


It currently offers these solutions to to some of the world's largest financial, manufacturing and CPG companies in the Fortune 500 and Forbes Global 2,000. It'll make use of this funding to to expand its reach in key markets, broaden its developer community …

Daimler to develop new €145 million R&D base in China

Auto manufacturer Daimler recently unveiled plans for a new Research and Development Tech Center in China with a total investment of over 1.1 billion RMB (approximately €145 million) to mark further expansion of its footprint in what counts as its second largest market.

This new site will be located on on the premises of the Beijing Benz Automotive production hub and will cater for the localization of new Mercedes-Benz products for the Chinese market. It'll mark as the second major Daimler R&D site in the region also.


It's scheduled to kick off operations in 2020. With a proximity to the production hub, Access to facilities such as the existing pilot plant, test track, test benches, new test labs and workshops at the R&D Tech Center will be catered for to allow for testing in new energy vehicle technology, emissions and in-vehicle air quality and powertrain and chassis which are crucial to automotive development.





You can track the best Black Friday deals with Microsoft's Bing

With Black Friday and Cyber Monday around the corner, Microsoft's search engine Bing is offering a way for users to find the best deals on the go by use of artificial intelligence algorithms. It has designed Black Friday infographics categorized and organized for shopping convenience around the corner on desktops and smartphones.

To find this deals, Users can use a simple search of “Black Friday” on the Bing shopping tab along with the name of store and item being searched for. The Bing flyers tab will be updated in real time with new coupons as various deals pop up closer to Black Friday.


With smartphones being one of the most common and most costly purchases made during seasons and with so many options available for buyers today, Bing is also offering a way for compare them so customers easily get more info on specifications of the smartphone they desire to purchase on the go.

For example, a search of “iPhone x vs Samsung galaxy s9” brings up the box containing information from…

SpaceX wins approval to deploy over 7,000 satellites

SpaceX has won approval from U.S. regulators deploy 7,518 satellites, More than the number of satellites currently in operation as part of a constellation designed to provide broadband communications. The company says it plans to kick off launches next year.

As of current, There are fewer than 2,000 operating satellites with this planned additional traffic coming along with guidelines regarding launches amid vigilance concerning space debris. FCC chairman Ajit Pai noted this before the agency voted on a range of space related matters including SpaceX's application.


“Even a centimeter-wide object can wreak devastating damage to satellites,” Pai said and also made reference to the 2013 film “Gravity” that depicted consequences including a spacecraft destruction resulting from a debris strike.

On a 4-0 vote, The FCC upped rules to necessitate more calculations to signal planned spacecrafts pose minimal risk of collisions and to minimize new debris from device that float in space aft…