Fandor has expanded its executive team, promoting General Counsel and Chief Distribution Officer Felice Oper to the role of COO, and appointing TS Ramakrishnan as its Chief Product Engineering Officer. Felice joined the company in 2015, around the same time that Larry Aidem took over as CEO. Aidem, who previously worked with Felice at HBO, said that her role at Fandor has expanded… Read More Powered by WPeMatico
Author: geekfenceblogger
H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly-owned subsidiary of the grocery chain. The company first launched in 2014 at SXSW, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San Francisco, Favor built a product… Read More Powered by WPeMatico
Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital, who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant to this week’s news. First up, we talked about Uber, which is losing lots of money in Asia… Read More Powered by WPeMatico
Russian search and internet services giant Yandex has been working on its autonomous driving program, and its most recent achievement is a public self-driving pilot of its self-driving test car in Moscow, the first such test on public roads in the Russian capital. Yandex had an additional degree of difficulty to contend with, too: Their recent testing, which kicked off in December of last… Read More Powered by WPeMatico
Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam… Read More Powered by WPeMatico
India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that specializes in automotive. Ford and other existing investors also took part in the round, Zoomcar confirmed. CEO and co-founder Greg Moran added that the round is still open and may be extended… Read More Powered by WPeMatico
The Rise of the Rest seed fund’s first round of startup investments cover eight states that are usually overlooked by tech investors, including Kentucky, South Carolina and Ohio. The $150 million fund was launched in December by Steve Case and J.D. Vance, with backing from many of America’s most influential businesspeople, to support tech ecosystems outside of Silicon Valley, New… Read More Powered by WPeMatico
While Coinbase has had its fair share of technical issues the last few months, it seems the latest one may not be their fault. Earlier today reports started coming in across social media and reddit that Coinbase users were seeing strange charges on their credit and debit cards. Many of these were users being double-charged for a past transaction, although there were also some (unconfirmed)… Read More Powered by WPeMatico
If you need to make a 3D model of an object, there are plenty of ways to do so, but most are only automated to the extent that they know how to spin in circles around that object and put together a mesh. This new system from Fraunhofer does it more intelligently, getting a basic idea of the object to be scanned and planning out what motions will let it do so efficiently and comprehensively. Read More Powered by WPeMatico
Google announced today that it intends to buy Xively from LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. Google indicated it wants to use this purchase as a springboard into the growing IoT market, which it believes will reach 20 billion connected things by 2020. Read More Powered by WPeMatico