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Startup News

Location American Startup News for 1 November 2016
Women executives left Yahoo after company announced plans to sell itself (Reuters) – Women executives left Yahoo at an unusually high rate after the U.S. technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company’s 2...
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Make your guests feel appreciated and welcomed.
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How Virtual Summits Are Helping Entrepreneurs Generate Leads, Authority And Revenue Virtual summits are growing in popularity as an alternative to business conferences. You get all the knowledge without the travel, the long lines or the expense.
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Started By A Millennial Venture Capitalist, VillageLuxe Wants To Be An Airbnb For Your Closet Harvard grad Julia Gudish Krieger, 27, worked for five years as a venture capitalist before launching New York-based VillageLuxe in 2014. A fan of the sharing economy, Krieger is betting that women whose closets are full...
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Microsoft says Russia-linked hackers exploiting Windows flaw (Reuters) – Microsoft said on Tuesday that a hacking group previously linked to the Russian government and U.S. political hacks is behind recent cyber attacks that exploit a newly discovered flaw in its Windows operati...
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How AI will serve as a business concierge in the future GUEST: Over the past decade, B2B marketing has undergone a massive transformation. According to Forrester Research, the entire B2B sector represents more than $1 trillion in digital commerce every year, more than double ...
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EA: 63% of Q2's $898 million in game revenues were digital After years of digital threatening to replace physical discs in the gaming industry, it’s looking like that time is here and now. Electronic Arts generated $898 million in revenue during the second quarter of its fisca...
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Goal! Electronic Arts beats Q2 earnings as FIFA and mobile lift sales Thanks to sales of FIFA and mobile games, Electronic Arts beat its earnings expectations for the second fiscal quarter ended September 30. EA reported GAAP (generally accepted accounting principles) earnings per share of...
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Selling Your Business To A Private Equity Group Is Not For Everyone -- Here's Why: For owners who truly believe in their business, want to cash in short term, and want to keep working at it with the ultimate goal of a very lucrative payout, selling to a private equity group can be the ideal pot of gold...
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Square reports $439 million in revenue for Q3 2016 as gross payment volume jumps 39% Square ($SQ) has released the results of its third quarter financial earnings, revealing that it generated $439 million in net revenue, up 32 percent annually, but had a net income loss of $32 million. Its Gross Payment ...
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ERP Power Recognized as Growth Company of the Year by Association for Corporate Growth PRESS RELEASE: ERP Power LLC (ERP), a leading provider of small, smart and efficient LED drivers for the lighting industry, is honored to be recognized as the "Growth Company of the Year" by the Association for Corporate...
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Google's Daydream View VR headset launches November 10 Google’s first step toward making high-quality mobile VR mainstream is coming soon. The Daydream View virtual reality headset, which works by holding phones that meet the Daydream standard up to your face, launches Nov...
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I'll write more on this later, but for now note that the IRS has released Notice 2016-66, as found at or and which names certain captive insurance companies qualifying under Section 831(b) as a "Transaction of Interest"...
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Why Amazon Alexa is so dominant right now

Venture Beat - 1 Nov 2016 21:10
Why Amazon Alexa is so dominant right now GUEST: Voice interfaces are getting a lot of buzz right now, and for good reason. Gartner predicts that by 2018, 30 percent of our interactions with technology will be through conversations with smart machines. That’s ...
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linked2pay's Bank Centric Payments Wins BankNews Innovative Solutions Award PRESS RELEASE: linked2pay, the originators of Bank Centric Payments, has been recognized as Best Management/Operations/Processing Solution in the 2016 BankNews Innovative Solutions Awards. The Innovative Solutions Awards...
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Unity debuts game engine, service, and VR updates for developers Unity Technologies announced a series of updates for its game engine, virtual reality tools, and services for game developers. Among the announcements is a new web destination, dubbed Unity Connect, that enables develope...
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Journey studio Thatgamecompany teases its next game

Venture Beat - 1 Nov 2016 20:42
Journey studio Thatgamecompany teases its next game One of the most interesting game studios of the modern era has given us a small glimpse of its future. In a Tweet today, Thatgamecompany posted an image of one candle lighting another. The developer confirmed to GamesBea...
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Intel acquires commercial drone startup MAVinci

Venture Beat - 1 Nov 2016 20:10
Intel acquires commercial drone startup MAVinci Intel has acquired German commercial drone software startup MAVinci for an undisclosed price. Intel’s Anil Nanduri, head of the drone business, said in an interview with VentureBeat that the startup has best-in-class f...
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Facebook develops Voyager optical transponder, will contribute design to Telecom Infra Project At its inaugural Telecom Infra Project (TIP) Summit event at company headquarters today, Facebook is announcing the development of Voyager, a new piece of data center networking hardware known as a transponder, which tak...
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Mass Effect: Andromeda's latest teaser trailer shows the future of marketing is still newsletters BioWare is leaving behind the passé Milky Way for its next sci-fi role-playing game, but it isn’t leaving behind old marketing tricks. Publisher Electronic Arts and BioWare have released a new trailer for Mass Effect:...
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Medium adds supports for drag and drop images, mobile image grids, and inline code Medium is making its publishing platform a bit more fluid to work with the needs of its content creators. The company announced that it will now support drag and drop images on the web, mobile image grids, and also inlin...
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You can now get JetBlue points by using Lyft

Venture Beat - 1 Nov 2016 19:00
You can now get JetBlue points by using Lyft Lyft has formed a partnership with another airline, giving riders an opportunity to earn rewards just by requesting a ride. The company announced that it has teamed up with JetBlue to not only give customers travel point...
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