Startups

Mapbox, the SoftBank-backed developer of mapping applications that competes with Google Maps, TomTom and Here, has acquired the intellectual property and developers behind Mapzen’s Valhalla project in a bid to strengthen its navigation toolkits. The acquisition, made as Mapzen was winding down, brings the Valhalla development team in-house for a bargain price that Mapbox chief executive
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Each day, kids go to school and lose things. But RagTagd, a Sydney-based company, is looking to fix that. RagTagd is a service that provides ultra-simple RFID tags in kids’ school uniforms and sensor-equipped bins to schools so that lost property can be tracked. When a kid’s lost jumper ends up in a bin at
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The retail industry is one that’s rife for disruption by technology. Under intense pressure from giants like Amazon and Walmart, retailers are often stuck using legacy systems and are ill-equipped to compete using the latest tools. Rubikloud announced a $37 million investment today to help retailers attack the modernization problem with cloud tools built with
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Bee Token Presale Closes Within 5 Minutes January 2nd, 20[17]18 San Francisco The Bee Token’s public presale which started on January 2nd at 12 PM PST has officially closed within five minutes! Overwhelming demand has forced us to close our presale earlier than we expected. For those who were able to submit, please give us 48 hours
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A California judge has dismissed Apartment Investment & Management Company’s lawsuit against Airbnb. Last February, Aimco, which owns or manages about 50,000 properties, sued Airbnb, saying that the company is deliberately incentivizing people to breach their leases. Aimco, which filed the lawsuit in both California and Florida state courts, was seeking monetary damages as well as court orders
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Otto showed the world its digital lock in August. Four months later, the company has suspended operations. Hardware is hard. It’s a cliche for a reason. The company made the decision just ahead of the holidays, a fact that founder and CEO Sam Jadallah recently made public with a lengthy Medium post now pinned to
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  All the attention in financial services this year has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding more than 300,000 users in one week alone, it’s easy to see why. While cryptocurrencies stole the spotlight, a clutch of companies were quietly working behind the scenes
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The founders of PayPal and its employees have produced many highly successful companies over the years. In fact, PayPal’s founding team often is referred to as the “PayPal Mafia” because they’ve had such an impact on the startup ecosystem. Peter Thiel, Elon Musk, Reid Hoffman and many other former PayPal employees have shaped some of
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Today was a momentous day in Uber history. After much debate, rumors and strife over the past few weeks, it looks like the company and its shareholders have come to an agreement over a tender offer that will see SoftBank own nearly 15 percent of the company, while also injecting around $1 billion in fresh
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T he trip began just before the end of school. From the wood-shaving smell of third grade out into the clean fall air, sprung free by my mother who appeared at the little window in the classroom door like a treat. You were the one who got out early. You were the one walking down
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All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI. But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts
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Mattermark, the site for startup and company data, is shutting down its own business after selling in a disappointing outcome to FullContact. In a document obtained by TechCrunch, co-founder and CEO Danielle Morrill wrote that “common stockholders will not be receiving anything in this deal.” In other words, Mattermark employee shares are worthless. It was
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