[TECH] In wake of Amazon/Whole Foods deal, Instacart has a challenging opportunity

 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
Instacart Amazon HrachSimonian ApoorvaMehta WholeFoods


[TECH] ClassPass secures $70 million Series C led by Temasek

 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
FritzLanman TC Health Fundings PayalKadakia

[TECH] Slack is reportedly raising another huge $500M round of funding

 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
Mobile Apps Slack Enterprise Amazon

[TECH] Logitech’s Circle 2 is a modular home surveillance tool with Alexa and HomeKit support

 I recently sat down with Logitech to talk about the wired and wireless versions of the Circle 2: a modular home surveillance camera with four different mounts that change where and how you’d use the camera. The modular approach stems from four different mounts: the first is a glass window mount, so you can see outdoors without glare. Second is the plug mount, ensuring you’ll… Read More
#Alexa #Gadgets #Logitech #Security #HomeSurveillance
Alexa Gadgets Logitech Security HomeSurveillance

[TECH] Tech stocks tanked for the second straight day

 It’s been a bad few days for tech stocks. The FANG stocks, a moniker used to collectively describe Facebook, Amazon, Netflix and Google (now Alphabet) have had a rough two days on Wall Street. And even though Apple isn’t included in the original FANG group (which was designed to describe a grouping of high-risk but high-reward mega-growth stocks), the company has also underperformed… Read More
#Google #TechStocks #Netflix #Finance #Apple
Google TechStocks Netflix Finance Apple

[TECH] Uber’s board votes unanimously to adopt all recommendations of Holder report

 Uber’s Board of Directors has voted unanimously to implement all of the recommendations contained within the report it commissioned from former U.S. Attorney General Eric Holder and his legal partners Tammy Albarrán. The board met Sunday to discuss the recommendations, which reportedly include a suggestion that Uber SVP Emil Michael, a trusted confidant of CEO Travis Kalanick, be asked… Read More
#Transportation #Automotive #Uber #TC
Transportation Automotive Uber TC

[TECH] ‘Man fighting in the middle of town’ is not Grand Theft Auto for iOS

 “Man fighting in the middle of town” may not be the Grand Theft Auto VI we’ve been waiting for, but it’s the one 2017 deserves. The iOS game, which launched its 1.0 version yesterday initially piqued my attention through its perhaps-not-quite fair use of Grand Theft Auto V screenshots as the app icon and description photos. My hopes that someone had snuck a free port of… Read More

[TECH] OwnLocal acquires Wanderful, a local deal startup backed by newspaper giants

 OwnLocal has acquired Wanderful Media, bringing together two companies focused on local advertising and deals. OwnLocal works with local newspapers to turn traditional print ads into digital campaigns. Wanderful, meanwhile, operates Find&Save, a website and app that brings the newspaper deals and coupons online. Read More
#TC #WanderfulMedia #Startups #AdvertisingTech #Media
TC WanderfulMedia Startups AdvertisingTech Media

[TECH] Gunshot detection technology ShotSpotter soars 26% in public debut

 Investors greeted ShotSpotter with a warm reception on Wednesday, on its first day as a public company. After pricing the IPO at $11, the stock closed at $13.86, or up about 26 percent. ShotSpotter notifies police departments about gun violence by using sensors that ignore ambient noise. Their sophisticated technology alerts authorities within 45 seconds of the trigger being pulled. Read More
#TC #Fundings&Exits #ShotSpotter #IPO
TC Fundings ShotSpotter IPO

[TECH] Audi is the first to test autonomous vehicles in New York

 In May of this year, the state of New York opened up an application process for companies that wanted to test autonomous vehicles there. Audi snagged the first license and will begin testing near Albany in the coming weeks. The Audi A7 that will do the first demo at the New York state capital is not new to the company’s fleet of autonomous test cars. With licenses to test in Nevada… Read More
#Audi #Nvidia #DriverlessCars #AutonomousVehicles #TC
Audi Nvidia DriverlessCars AutonomousVehicles TC