Business News
After one year, Ark: Survival Evolved developer is expertly navigating Early Access
Venture Beat - 24 Aug 2016 04:01
Starving while naked on an island where dinosaurs roam free does not sound like a great time, and yet it’s the premise of one of the most popular games of the last year. Ark: Survival Evolved is one of the stand-out re...
Elon Musk is personally buying over half of SolarCity's $124 million bond offering (SCTY)
Business Insider - 24 Aug 2016 02:46
Thomson Reuters Tesla Chief Executive Elon Musk is buying $65 million of bonds from SolarCity in the latest debt offering by the solar panel company that Tesla plans to acquire for $2.6 billion, according to a filing on ...
Prenav raises $6.5 million to help companies inspect their properties using automated drones
Venture Beat - 24 Aug 2016 14:40
A startup specializing in computer vision technology capable of guiding drones has raised $6.5 million in funding from Crosslink Capital, with participation from Joe Montana’s Liquid 2 Ventures, along with Haystack and...
Hyundai's new Genesis luxury brand just introduced its first car -- and it looks amazing
Business Insider - 24 Aug 2016 15:48
Genesis Genesis is the all-new luxury brand aimed at taking on the likes of Lexus, Infiniti, and established European rivals. Spun off by Hyundai, Genesis is the result of nearly a decade of deliberation within the Korea...
Wands casts a spell as it soars to the top of Samsung Gear VR store
Venture Beat - 24 Aug 2016 16:30
You can’t play as Harry Potter in virtual reality yet. But the next best thing is Wands, a spellcasting VR game where you can duel with another player in a fantasy universe. This first VR title from Stockholm-based Nux...
'Game of Thrones' actress promises fans that 's--t gets real' next season
Business Insider - 24 Aug 2016 15:23
Helen Sloan/HBO Warning: Spoilers ahead for "Game of Thrones." "Game of Thrones" season seven is gearing up for filming, which means the actors are finally getting sent scripts. Maisie Williams (Arya Stark) tweeted out h...
How AMD designed what could be its most competitive processors in a decade
Venture Beat - 24 Aug 2016 17:02
Four years ago, Advanced Micro Devices went back to the drawing board. With a new chief executive, Lisa Su, and a mandate to do something big, a small team of chip designers started thinking about how to boost processing...
Sliver.tv raises $6.2 million so you can view League of Legends esports battles in VR
Venture Beat - 24 Aug 2016 15:05
Sliver.tv has raised $6.2 million in funding for its immersive virtual reality platform for viewing esports competitions for PC games such as Counter-Strike: Global Offensive, League of Legends and Dota 2. By livestreami...
DroneDeploy raises $20 million to help businesses make sense of their aerial drone data
Venture Beat - 24 Aug 2016 13:52
DroneDeploy, a software-as-a-service (SaaS) platform for commercial drone operators, has raised $20 million in a Series B round led by Scale Venture Partners, with participation from existing investors as well as High Al...
Andreessen Horowitz backs $6 million round for optimisation startup SigOpt
Venture Beat - 24 Aug 2016 13:42
Research optimization and machine learning startup SigOpt announced today that it has closed a $6 million investment round — led by existing investor Andreessen Horowitz — to scale its team and "expand the capabiliti...
Rovio reveals 'Angry Birds' movie sequel plans as company posts revenue gains
Venture Beat - 24 Aug 2016 12:01
After several tough years, the Finnish company behind the Angry Birds gaming franchise is finally getting some news that it’s eager to brag about. The company took the unusual step today of announcing revenue figures f...
The Super Sizer: How Greg Flynn Became America's Largest Restaurant Franchisee With $1.9B Revenues
Forbes - 24 Aug 2016 12:01
Greg Flynn, a Tesla-driving West Coast dealmaker, isn't the kind of guy you'd expect to be running a bunch of Applebee's and Taco Bells. But using plenty of patience, persistence and institutional capital, he's built Ame...
A Step Above: Shoemaker Jack Erwin Is Disrupting The Market For Fine Footwear
Forbes - 24 Aug 2016 12:00
At a time when sellers of everything from eyeglasses (Warby Parker) to mattresses (Casper, Tuft & Needle) are undercutting traditional retail channels by excising middlemen, Jack Erwin fills a gap in the market for handc...
Mumbai's $13B Waste Management Market And The Startup That's Tapping Into It
Forbes - 24 Aug 2016 08:53
Environment solutions startup Sampurn(e)arth has been providing effective technology for waste management in Mumbai, a city that generates 9,400 tonnes of waste each day, only 3,000 tonnes of which is processed.
Big suitors line up for piece of college sports marketing firm
New York Post - 24 Aug 2016 04:18
A number of heavyweight players are looking to suit up and get into the college sports game, The Post has learned. Hollywood talent agencies CAA and UTA, Fox Sports, Thomas H. Lee, WPP Group, the advertising holding comp...
Lumines: Puzzle & Music launches September 1 on iOS and Android
Venture Beat - 24 Aug 2016 02:05
Your smartphone’s about to get a dose of some funky puzzles. Lumines: Puzzle & Music hits iOS and Android on September 1. This marks the first time the award-winning puzzle franchise (which has sold more than 2.5 milli...
SkyGiraffe announces $6 million in funding, open-sources its REST endpoint
Venture Beat - 24 Aug 2016 17:00
SkyGiraffe, the development platform that lets you deploy highly connected apps, has announced a new funding round of $6 million to help them expand their offerings. The startup, based in San Francisco, has also made the...
Mixpanel launches Autotrack to help less technical people start monitoring websites
Venture Beat - 24 Aug 2016 16:30
Data analytics startup Mixpanel is announcing today the launch of Autotrack, a new feature that’s designed to simplify the process of starting to track websites with the startup’s core service for observing user beha...
America's Hottest Spots For Tech Jobs [Infographics]
Forbes - 24 Aug 2016 14:24
The San Francisco Bay area has long reigned supreme as America's capital for technology jobs. However, high salaries and soaring house prices are forcing some startups to cast their eyes elsewhere in search of lower cost...
Apple CEO Tim Cook hosting fundraising dinner for Hillary Clinton tonight
Venture Beat - 24 Aug 2016 12:55
Democratic presidential candidate Hillary Clinton arrives in Silicon Valley today where she’ll be hosted by Apple CEO Tim Cook at a fundraiser. The location of the event still remains under wraps. But earlier this summ...
Asian stocks meander, dollar up on North Korea's missile
USA Today - 24 Aug 2016 07:52The U.S. is buying $20 million in surplus cheese
CNN - 24 Aug 2016 04:55
The government plans to buy 11 million pounds of cheese to help with the dairy surplus and help feed needy families.