Andy Dunn, founder of the menswear site Bonobos, which was sold to Walmart for $ 310 million in 2017, is now leaving the retail giant. The managing director, who joined Walmart at the time of the acquisition as SVP for digital consumer brands, formally announced his retirement in a LinkedIn post entitled "A love letter to Walmart" to companies and …
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Sprout Social's Chicago public offering is priced at $ 17 per share and brings in $ 150 million – TechCrunch
Following the debut of Bill.com, Chicago-based social media software company Sprout Social announced its IPO at $ 17 a share last night. Sprout sold 8.8 million shares and raised nearly $ 150 million on its debut. Underwriters have the option to buy another 1.3 million shares if they so wish. The IPO is a good result for the company's investors …
Read More »Equity Dive: Direct Listings – TechCrunch
Hello and welcome back to Equity, the venture capital-focused TechCrunch podcast in which we summarize the numbers behind the headlines the Throws of a Cross Country Move! No, we've been working on this episode for some time, and we're pleased to finally give you our deep insight into direct listings with [May Chris Mayo the head of primary markets on …
Read More »Porsche and Lucasfilm have jointly designed a new star warsighter for the Star Wars universe – TechCrunch
Porsche normally engages in the development of terrestrial vehicles, but worked on a new star wars star for the Star Wars universe in a new project with Lucasfilm designers. The Starfigher named Tri-Wing S-91x Pegasus. Obviously, it does not exist in original size in flyable form, but it will be built as a 1.80-meter, highly detailed, sub-scale model unveiled at …
Read More »Bluespace.ai, a startup focusing on on-highway AV technology, receives start-up funding of $ 3.5 million – TechCrunch
Bluespace.ai, a new startup for autonomous driving focused on mass transit, today announced it has raised $ 3.5 million in seed capital under the leadership of the Fusion Fund. Other investors include YouTube co-founder Steve Chen; UMC, the Taiwanese semiconductor foundry; Cocoa ventures; GDP Ventures; Atinum; Wasabi Ventures; Blue Ivy Ventures; Plug n play; and SLV Capital. The startup develops …
Read More »The Xbox Series X is the next-gen console from Microsoft and will be released in late 2020 – TechCrunch
If you did not see yesterday's Game Awards, you might have missed them. But the Xbox Series X is the company's next-generation console and will be released in late 2020. Luckily, Microsoft has cataloged all images, media and even some information online. Oh, and we'll almost certainly hear a lot more about the Xbox Series X before the 2020 holidays …
Read More »Game.tv is raising $ 25 million to bring esports to Discord, Twitter and Facebook
Game.tv has raised $ 25 million for Tourney, the AI-powered platform for esports tournaments for mobile games. While rivals have tried to start their own social media platforms, Game.tv already supports existing platforms popular with mobile gaming fans. That's why the company has built its Tourney sports platform on Discord (with 250 million users), Twitter and Facebook. Users can set …
Read More »Regulators are considering plans to integrate WhatsApp, Instagram and Messenger against Facebook
( Reuters ) – The US Federal Trade Commission is considering requesting a court order to prevent Facebook from promoting plans to integrate its WhatsApp, Instagram, and Messenger affiliates. This was reported by the Wall Street Journal on Thursday. Persons familiar with the matter. Facebook shares closed at 2.7%, reflecting fears that a potential regulatory move could be a first …
Read More »Google launches AutoML Natural Language with improved text classification and model training
Earlier this year, Google lifted the switch from AutoML Natural Language, an extension of the Cloud AutoML machine learning platform, to natural language processing. After a one-month beta period, AutoML is now widely available globally and supports such tasks as classification, sentiment analysis and entity extraction, as well as a range of file formats, including native and scanned PDF files. …
Read More »Sleek raises $ 5 million to help start up and do business in Singapore and Hong Kong – TechCrunch
Sleek, a startup that makes it easier for other startups and companies to settle and operate in Singapore and Hong Kong, has today expanded its seed capital base to $ 5 million. The extended start-up round for The Two-Year Startup was led by private investors Pierre Lorinet and Fabio Blom, and MI8, an Asian-focused, Europe-backed private investment firm. Sleek also …
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