Dandelion, a clean energy startup that was originally incubated inside Google parent Alphabet, has raised $4.5 million in funding to build out its business — a geothermal heating and cooling system for homes that claims it will drastically reduce its customers’ bills — it claims to cut bills in half (notwithstanding the upfront costs, more
0 Comments
Amazon’s business in France is taking a big step forward after announcing a new deal today with retail giant Monoprix to deliver groceries through Prime Now. The service will begin serving Prime Now members in Paris this year and include products carried by Monoprix, including its own branded items and fresh produce. Monoprix’s website already offers services
0 Comments
Foxconn, best known for manufacturing practically everything in the world, has just announced the purchase of Belkin, the PC peripherals company, for $866 million in cash. That certainly makes it one of the larger consumer electronics acquisitions in recent memory. You probably know Belkin for its various lines of accessories, peripherals, and assorted consumer electronics;
0 Comments
Dropbox’s surge on the stock market has continued, with the company going up another 7 percent on its second day on the stock market. The company saw its shares close at $30.45, giving the company above a $13 billion market cap, fully diluted. When it priced its IPO, there was a question as to whether
0 Comments
Smartsheet is the latest company to file to go public, now that the IPO window is open.  The Bellevue, Washington-based company offers enterprise software for communication and collaboration. It describes itself as the “leading cloud-based platform for work execution, enabling teams and organizations to plan, capture, manage, automate, and report on work at scale, resulting in
0 Comments
The U.S. maneuvers against China’s tech giants continue today with an official announcement from FCC Chairman Ajit Pai that the agency may soon ban purchasing anything from companies that “pose a national security threat.” Huawei, ZTE and other major tech manufacturers aren’t named specifically, but it’s clear what is meant. Pai lists the risk of
0 Comments