Alphabet, the umbrella corporation of Google, Inc. etc., has quietly acquired a UK-based startup called Redux, reports Bloomberg. Redux was founded in 2013 out of Cambridge, and built technology that uses vibrations to turn surfaces of phones or tablets into speakers or provide haptic feedback. The acquisition is reflected on Crunchbase, and in confirmed transfer of shares within U.K.… Read More
11
Jan
2018
Google acquired Redux, a U.K. startup focused on audio and haptics
Alphabet, the umbrella corporation of Google, Inc. etc., has quietly acquired a UK-based startup called Redux, reports Bloomberg. Redux was founded in 2013 out of Cambridge, and built technology that uses vibrations to turn surfaces of phones or tablets into speakers or provide haptic feedback. The acquisition is reflected on Crunchbase, and in confirmed transfer of shares within U.K.… Read More
Well, well, well. Ripple, the company behind the controversial XRP cryptocurrency which has been criticized for obfuscating the nature of its partnerships with financial organizations, has announced a tie-up with global payment network MoneyGram. MoneyGram, which saw a $1.2 billion acquisition from Alibaba’s Ant Financial affiliate collapse over concerns from the U.S. government, said it… 
Talkwalker, a cloud-based social media listening platform, announced today that it has been acquired by private equity firm, Marlin Equity Partners. The companies did not share terms of the deal.
“We are not releasing exact details at this stage, but it’s substantial and it will make a big difference to what we will be able to achieve in the coming years,” a Talkwalker… 
Austria’s Supreme Court is referring a legal challenge over the extent of Facebook’s responsibility to remove hate speech postings to Europe’s top court for an opinion. The case has clear implications for freedom of speech online. 
Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a further $500 million. Back in August, it… 
Recent Sphero spinoff Misty Robotics brought a decidedly non-consumer-focused device to the Consumer Electronics Show in Vegas this week. The Misty I Developer Edition is the first baby step for a startup with even grander ambitions than the one that gave birth to it. In June, the company announced a $11.5 million Series A led by Venrock and Foundry Group to aide in its plans to build a… 
GV (formerly known as Google Ventures) lost its one female general partner. London-based Avid Larizadeh Duggan has joined Kobalt, a 17-year-old, New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when they are played across various digital platforms. Larizadeh Duggan, who’d led an investment in Kobalt for GV, takes the title… 
The price of bitcoin and other cryptocurrencies dropped significantly today off the back of ‘news’ that South Korea’s government might ban trading exchanges. As ever in the world of crypto, the slightest ripple of information can be taken out of context, and that appears to be the case here. Reuters reported comments from Korean Justice Minister Park Sang-ki who said claimed… 
Apple’s plan to migrate China-based iCloud user accounts to a local host on Chinese soil is already running into controversy after the iPhone-maker appeared included accounts registered overseas in the data. China-based users were informed of the upcoming migration yesterday, which Apple said “will allow us improve the speed and reliability of our iCloud services products while… 
Lisbon-headquartered Unbabel, a startup that has developed what it describes as an “AI-powered, human-refined” translation platform that makes it more cost effective to conduct business globally, has raised $23 million in Series B funding.