Space tech company Satellogic has raised $27 million in a Series B round led by Chinese internet giant Tencent, and with participation by CrunchFund (disclosure: co-founded by TechCrunch founder Michael Arrington). The company also launches its sixth micro-satellite into orbit on June 15, aboard a Long March-4B rocket that took off from Jiuquan Satellite Launch Center. What Satellogic… Read More
#Fundings&Exits #Satellogic #Gadgets #Transportation #TC
Tech leaders gathered today at the White House for a series of focused sessions on hot topics in tech. Thursday’s event, titled “American Leadership in Emerging Technology,” is the second big piece of the White House’s Technology Week, continuing on from Tuesday’s discussion about modernizing government technology. Read More
#UAS #TrumpAdministration #Policy #TC #WhiteHouse
A lot of chatbots have launched on Facebook in recent months, but the Ticketmaster bot launching today is among the best that I’ve been forced to work with. Normally I avoid reaching out to businesses through Facebook (it still doesn’t seem like a natural channel to me), but there’s real utility in Ticketmaster’s bot if you’re willing to give up a certain amount… Read More
#Facebook #Bots #TicketMaster #Apps #ArtificialIntelligence
Tesla has hired deep learning and computer vision expert Andrej Karpathy in a key Autopilot role. Karpathy most recently held a role as a researcher at OpenAI, the artificial intelligence nonprofit backed by Elon Musk. He has an extensive background in AI-related fields, having completed a PhD at Stanford University in computer vision. Read More
#Tesla #Transportation #Automotive #TC #AndrejKarpathy
On Stackshare, Airbnb lists over 50 services in its “stack,” Slack lists 24, and Spotify lists more than 31; these stacks are collections of different pieces of software that each company is using to run their operations, and range from infrastructure tools to communications tools to container tools to email services. Why are companies beginning to share the specific mix of… Read More
#GokulRajaman #TC #NickGrandy #Stackshare #Apps
Today, more than ever, it’s open source projects that are leading the charge in how modern software is developed, deployed and managed. There’s Kubernetes for containers and OpenStack for running enterprise-grade infrastructure, for example. But over the course of the last few years, another platform — Cloud Foundry — has changed the way enterprises are developing… Read More
#OpenSource #Cloud #TC #CloudNative #Developer
Yesterday, Amazon and Whole Foods ruined a perfectly slow news day on a Friday in June with the announcement that Amazon intends to buy Whole Foods for almost $14 billion.
The most obvious victim of the deal was Instacart, in which Whole Foods invested and with whom Whole Foods has a five-year contract.
But after talking to a few Instacart investors and other sources close to the company… Read More
#Instacart #Amazon #HrachSimonian #ApoorvaMehta #WholeFoods
ClassPass, the subscription service that for fitness classes and gyms, has today announced the close of a $70 million Series C funding round led by Temasek. Existing investors such as Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also participated in the round.
According to the press release, ClassPass has doubled its member base in the past year and has now grown to 35 million… Read More
#FritzLanman #TC #Health #Fundings&Exits #PayalKadakia
Slack is in the midst of raising another $500 million in financing at what could be a $5 billion valuation — money it will likely critically need as it goes after major corporate clients and construct a functional business — according to a report by Recode. Slack also got some interest with a $9 billion price tag from Amazon, according to a report from Bloomberg last night. All… Read More
#Mobile #Apps #Slack #Enterprise #Amazon