Blog

 California’s Department of Motor Vehicles established new rules announced Monday that will allow tech companies and others working on driverless vehicle systems to begin trialling their cars without a safety driver at the wheel. The new rules go into effect starting April 2. Until now, the DMV has allowed companies approved for autonomous vehicle testing to run their cars on the roads,… Read More

 The data analytics service provider Splunk is giving itself a security upgrade with the $350 million cash and stock acquisition of the security automation technology developer, Phantom Cyber. One of the new darlings of the security industry, Phantom Cyber launched just four years ago to automate responses to digital threats. Part of a new breed of tools that use network analysis and machine… Read More

 The Fitbit Ionic was designed to be the future of the struggling wearable maker, but so far the smartwatch has failed to catch the world on fire. As CEO James Park put it during this week’s financials, sales on the device “didn’t turn out the way that we expected it.”  Of course, the wearable has improved a bit since its lackluster launch, after the company opened it up… Read More

 Back in 2016, Amazon’s Japanese rival Rakuten acquired Bitnet, a bitcoin wallet startup that it had previously invested in, to help it work on blockchain technology and applications. Today, one of the first fruits of that deal has come to light. The company is planning a new cryptocurrency called Rakuten Coin — built on blockchain technology and the company’s existing… Read More

 Industrious, the WeWork competitor that launched in 2013, is today announcing the close of an $80 million Series C funding round. The financing was co-led by Riverwood Capital and Fifth Wall Ventures. Industrious thinks of itself as a more premium version of WeWork, offering coworking space and workplace services to some 35 locations across 25 cities nationwide. “Industrious is high… Read More

 A who’s-who from the world of synthetic biological research have come together to launch Senti Biosciences with $53 million in funding from a slew of venture capital investors. Led by Tim Lu, a longtime researcher at the Massachusetts Institute of Technology and one of the founding fathers of synthetic biology, Senti’s aim is nothing less than developing therapies that are tailored… Read More

 Carnegie Mellon grad Luke Skurman built the first version of Niche in 2002. Originally called College Prowler, it was an online store selling physical college guidebooks. Times changed and the site changed with it, first taking on over a $1 million in investment to ramp up with a new name and then hitting a $6.6 million series B from Allen & Company and Grit Capital. Skurman, a San… Read More

 Farwell, cashier jobs. Following the launch of Amazon’s cashless, cashier-free Amazon Go convenience store in Seattle, a startup called AiFi is emerging from stealth today to announce the availability of its own checkout-free solution for retailers. But unlike Amazon Go, AiFi claims its A.I., sensor and camera network-based system can scale from a small mom-and-pop all the way up to a… Read More

 Peanut, the app referred to as “Tinder for moms” because it connects mothers by letting them swipe each other’s profiles, is launching a new community discussion feature. Called Peanut Pages, it’s meant to give mothers a better alternative to Facebook Groups, Quora and other social platforms. Read More

 A reminder that I’m going to have Paul Vigna and Michael Casey, authors of The Truth Machine, onstage with me next week at Knotel, a co-working and event space in Manhattan. I’d love for you to come. You can RSVP here and space is limited. It’s happening Tomorrow, February 28, at 7pm and will feature a 35-minute talk with two of the top writers in crypto. These guys… Read More