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A new U.K. self-driving car startup founded by Amar Shah and Alex Kendall, two machine learning PhDs from University of Cambridge, is de-cloaking today. Wayve — backed by New York-based Compound, Europe’s Fly Ventures, and Brent Hoberman’s Firstminute Capital — is building what it describes as “end-to-end machine learning algorithms” to make autonomous vehicles a
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Comcast has just been caught in a major security snafu: revealing the passwords of its customers’ Xfinity-provided wireless routers in plaintext on the web. Anyone with a subscriber’s account number and street address number will be served up the Wi-Fi name and password via the company’s Xfinity internet activation service. Security researchers Karan Saini and
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Adobe announced today that it was acquiring Magento for $1.68 billion. The purchase gives Adobe a missing e-commerce platform piece that works in B2B and B2C contexts and should fit nicely in the company’s Experience Cloud. It should also help Adobe compete with Salesforce, which offers its own marketing, sales and service offerings in the
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In March, the female-led media company and newsletter provider theSkimm reported it was raising a $12 million Series C from Google Ventures and Spanx founder Sara Blakely, along with several existing investors. Today, the company is confirming its Series C round has closed with a number of new, mostly female investors joining — including big names like
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Fueled by last year’s greed-inducing visions of a cryptocurrency boom and a stock market largely untethered from classical economics, TradingView, a developer of social networking and data analysis tools for financial markets, has raised millions in new venture funding. The New York-based company just scored $37 million in funding led by the growth-stage investment firm
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The Facebook founder Mark Zuckerberg’s meeting with elected representatives of the European Union’s ~500 million citizens will be livestreamed after all, it was confirmed today. MEPs had been angered by the original closed door format of the meeting, which was announced by the EU parliament’s president last week. But on Friday a majority of the political groups in
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Whisk, the U.K. startup that has built a B2B data platform to power various food apps, including making online recipes ‘shoppable’, has acquired Avocando, a competitor based in Germany. The exact financial terms of the deal remain undisclosed, although TechCrunch understands it was all-cash and that Whisk is acquiring the tech, customer base, integrations, and
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Microsoft announced today that it has acquired Semantic Machines, a Berkeley-based startup that wants to solve one of the biggest challenges in conversational AI: making chatbots sound more human and less like, well, bots. In a blog post, Microsoft AI & Research chief technology officer David Ku wrote that “with the acquisition of Semantic Machines,
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A team of progressive advocacy groups, including MoveOn and Demand Progress, are asking the Federal Trade Commission to “make Facebook safe for democracy.” According to Axios, the campaign, called Freedom From Facebook, is set to launch a six-figure ad campaign on Monday that will run on Facebook, Instagram and Twitter, among other platforms. The other
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