Month: January 2018

Bench, the TechStars-backed bookkeeping service for SMBs, has today announced the close of an $18 million B-1 funding round led by iNovia Capital. Existing investors, including Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank, also participated in the round. Bench first launched out of TechStars NYC in 2012. Back then, the company was called
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A new vertical fund from pan-European VC firm Speedinvest is officially outing today. Dubbed “Speedinvest x” and targeting a final closing of €25 million, of which €20.5 million has already been committed, the micro VC fund will target early-stage marketplace startups exclusively. Specifically, I’m told Speedinvest x will make pre-seed, seed and early Series A
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Monster Hunter World was a risky venture for Capcom: a vast, expensive game for home consoles in a series mostly popular in a country where home consoles no longer are. But new numbers out of Japan today, along with an announcement earlier in the week, suggest that the bet has paid off big time. According
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Apple CEO Tim Cook.Chip Somodevilla/Getty ImagesGood morning! Here’s the tech news you need to know this Wednesday. 1. Apple is reportedly delaying some iOS updates, which include improvements to core applications, until next year. The company is reportedly choosing to focus on performance and reliability issues first. 2. Facebook announced that it’s banning all ads
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A monitor shows various cryptocurrencies’ exchange rates against Japanese Yen including NEM coin (middle in the top) at ‘nem bar’, where customers can pay with NEM coins, in Tokyo, Japan January 29, 2018.REUTERS/Kim Kyung-Hoon Fabric Ventures and TokenData report: $5.6 billion raised through “initial coin offerings” in 2017. There were 435 successful projects, raising an
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Fujifilm has announced the X-A5, a new entry-level X-series mirrorless camera. It has a 24.2-megapixel APS-C image sensor (with a Bayer color filter, not Fujifilm’s own X-Trans array), phase-detection autofocus, automatic Bluetooth image transfer, and 4K video recording. It still has a 180-degree tilting touchscreen, but also now has a microphone jack, which could make
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BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. It hasn’t been smooth sailing for telecoms in recent years. Native voice and messaging services, which once accounted for the vast majority of telecoms’ subscriber revenue, are struggling to compete with over-the-top
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Asana cofounders Dustin Moskovitz and Justin RosensteinAsana The collaboration and productivity application company Asana raised $75 million in a series D, the company announced Tuesday.  Asana is now valued around  $900 million, according to sources close to the company.  Asana CEO Dustin Moskovitz is known for starting Facebook with Mark Zuckerberg in 2004. The round
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Apple CEO Tim CookApple Apple will report its fiscal Q1 earnings on Thursday. The company will likely report record quarterly revenue and healthy earnings per share.  But Wall Street is focused on second-quarter guidance, and in particular whether the long-awaited iPhone super cycle is still in the offing. Apple will have a tough act to
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What should we do about token sales? Two days ago a Lithuanian “company” called Prodeum looked like a promising if silly blockchain startup. Their stated goal? To track every piece of food on the internet. While I doubt many of us will care about the exact provenance of the orange we just ate, we could
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Every January, cinema fans don their boots and heavy coats, gear up for extensive line-standing and bus-waiting, and flock to Park City, Utah, for the Sundance Film Festival. Founded in 1978, Sundance has become America’s biggest independent film festival, and it’s often the launch point for films from around the world that were made outside
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The U.S. Department of Justice and the Securities and Exchange Commission are jointly investigating Apple’s communications about the software update that slowed down older models of the iPhone, Bloomberg is reporting. Citing sources familiar with the matter, the government has reportedly requested details on the company’s communications about the software update. The Bloomberg report indicates
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Is there such a thing as bad publicity? It’s an interesting and contested question. To wit: Self styled ‘digital contraception’ app, Natural Cycles — which relies on a set of proprietary algorithms and women inputting their morning body temperature to predict fertility levels each day — has claimed that negative headlines generated after a clinic reported
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