Cambridge Analytica is shutting down following the Facebook data misuse scandal, says it was losing clients and facing mounting legal fees
Company had lost multiple clients in recent months — Cambridge Analytica , a data firm that worked for President Donald Trump's 2016 campaign …
Filing shows executives at Cambridge Analytica and SCL Group, along with the Mercer family, have moved to create a new firm, Emerdata, possibly for “rebranding”
The embattled political consulting firm Cambridge Analytica announced on Wednesday that it would cease most operations …
Xiaomi files for an IPO in Hong Kong; sources say the Beijing-based company is seeking to raise $10B at a valuation of $100B
Xiaomi's 2017 sales jumped by two-thirds to 114.6 billion yuan, while operating profit tripled and adjusted net profit soared from a year earlier
Xiaomi partners with UK's Three to bring its phone to the UK and other European countries, after initially selling phones in Spain in November
The Guardian :
Amazon abruptly halts construction of new office in Seattle as it escalates fight over proposed city council tax on large companies to build affordable housing
Amazon is pausing construction on a new office tower at its Seattle headquarters and may put one of its biggest future office spaces …
Google Assistant now works with 5,000 smart home devices, up from 1,500 in January, and adds support for Dish Hopper, Logitech Harmony remotes, and more
Google Assistant now counts 5,000 supported devices, up from 1,500 in January. — With Google's developer conference right around the corner …
Google announces investment program for early-stage startups working on Google Assistant hardware or features, similar to Amazon's Alexa Fund
Thuy Ong / The Verge :
Google says it has started rolling out Google Pay on the web through desktop browsers and iOS
Since Google Pay launched as the company's unified payment solution in February, it has added a number of new features with more on the roadmap. Google Pay is now beginning to roll out on the web for...
Goldman Sachs to open a Bitcoin trading operation, will begin using its own money to trade Bitcoin futures contracts on behalf of clients in the next few weeks
SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin.
Amazon says there are now 40K Alexa Skills, up from 25K in December and 10K in February 2017, and makes in-skill purchases generally available in the US
[Photos: Rahul Chakraborty/Unsplash; geralt/Pixabay] — Just six months after Amazon revealed the AI-infused Alexa service …
Zynga founder Mark Pincus reducing his voting power in the social gaming firm from a 70% to 10% stake, will remain on board but as non-executive chairman
In an unusual move, Pincus doesn't want the final say anymore and wanted more freedom. — In an unusual move for a Silicon Valley company …
Spotify reports first ever financial results with Q1 revenue of €1.139B, up 26% YoY, on operating loss of €41M; MAUs up 30% YoY to 170M
Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2018 ending March 31, 2018.
How Xiaomi staged a comeback that has led to an IPO at a $100B valuation by investing in retail stores, focusing on India, and diversifying its product range
Bloomberg :
Some of the 200+ cities Amazon rejected for its HQ2 have begun to make changes based on feedback given by Amazon during rejection phone calls
After the retail giant told cities why they didn't become finalists for its second headquarters, some started making changes
Amazon launches Wag, its own brand of pet products, starting with dry dog food, only available to Prime subscribers
Amazon.com Inc. has started its own brand of pet products, called Wag, expanding on existing private-label efforts that include batteries, baby products, clothing and household goods.
Microsoft announces Microsoft Audience Network, an AI-based platform for advertisers that uses data from Bing, Outlook, Skype, and others to target audiences
Microsoft, which has quietly built a $6.9 billion/year advertising business through its Bing search engine, will attempt to expand …
Spotify reports 75M paid subscribers in Q1, slightly below analyst expectations, but beats expectations with 99M ad-supported MAUs; stock down 7%+
Anita Balakrishnan / CNBC :
SoundHound raises $100M from strategic investors including Tencent, Daimler, Hyundai, and others to grow its Houndify voice AI platform
As SoundHound looks to leverage its ten-plus years of experience and data to create a voice recognition tool that companies can bake into any platform …
Square Q1: non-GAAP revenue of $307M, up 51% YoY, gross payment volume of $17.8B, up 31% YoY, net loss of $24M; stock down 5%+ after hours due to low guidance
The company posted a Q1 net loss of $24 million, or six cents a share, compared to a net loss of $15.1 million, or four cents a share, a year earlier.
Online survey and job postings suggest Amazon is working to predict how clothes will fit, a long-standing hurdle for online fashion retailers
The online retail giant is inviting people to New York to measure them with a 3-D body scanner — Amazon.com Inc. AMZN -.01% wants to understand …
Online wedding registry company Zola raises $100M Series D led by Comcast Ventures with participation from NBCUniversal and Goldman Sachs
Zola, a fast-growing company that invites newly engaged couples to register their guests, shop from 600 different brands, and create customizable checklists …
How the Chinese government, long suspicious of internet companies, is now keen on harnessing tech companies' capital and knowledge to realize its goals
The government in China, long suspicious of internet companies, now sees ambitious titans like Tencent and Alibaba as useful partners. Tweets: @scs_disputes , @nytimes , @sophiehrw , and @paulmozur Tw...
Square reports ~$34M in Bitcoin-related revenue in Q1, ~5% of its overall revenue, but earned only $223K more from selling Bitcoin than it paid to buy it
Brazil-based digital banking startup Neon raises $22M Series A from Propel, Quona Capital, Omidyar Network, and others, and says it has 600K+ users
Mary Ann Azevedo / Crunchbase News :
Fitbit reports Q1 revenue of $247.9M, down 17% YoY, vs. $247.3M estimated, sold 2.2M fitness trackers, down 27% YoY, vs. 2.33M estimated
Brian Heater / TechCrunch :
Stack Overflow for Teams launches as a new private section on the public website that lets any group use the Q&A platform internally
Emil Protalinski / VentureBeat :
North Korea's state antivirus software, SiliVaccine, contained a decade-old copy of Trend Micro's scan engine and also came bundled with the Jaku malware
Check Point Research :
Google streamlines its Maps API platform, renaming it Google Maps Platform and combining 18 APIs into three groups, Maps, Routes, and Places
streamlined API products, an improved customer experience, and new industry solutions—Google Maps Platform → http://mapsplatform.googleblog.com/ ... http://twitter.com/...
Facebook debuts PyTorch 1.0, which optimizes production performance and improves model compatibility with other AI frameworks, coming to beta in a few months
Bill Jia / Facebook Code :
Sources: Google is building Arcade, a social-gaming startup led by 21yo ex-Facebook staffer Michael Sayman, which will release a trivia-style app this summer
Bloomberg :
Source: Telegram is calling off the public part of the ICO for the Telegram Open Network after raising $1.7B from 175 accredited investors via private deals
that people around the world have the chance to invest https://www.wsj.com/...
Twitter approved an ad pretending to be a Twitter verification service that pushed users to a phishing scheme after the verification program was suspended
April Glaser / Slate :
Sources: Amazon is offering to pass along discounts it gets on credit card fees to retailers if they use its payments service Amazon Pay
Bloomberg :
Facebook says it's partnering with RED to develop a professional-grade VR camera, as part of its Surround 360 platform; pricing and release TBD
Nick Statt / The Verge :
Rise in data breaches, up 45% in US in 2017 according to analysts, helped boost Windows 10 sales 11% last quarter, as companies look to update older systems
Jay Greene / Wall Street Journal : Tweets: @saraheneedleman , @bryfitz , and @djtgallagher Tweets: Sarah E. Needleman / @saraheneedleman : “There are more reasons now for wanting to keep current,” sa...
Reflections on the shift to the Stories format, which will likely surpass other formats soon, as nearly a billion users consume stories across social networks
Josh Constine / TechCrunch :
Microsoft, VMware, and Dell are teaming up to offer a joint IoT solution optimized for Dell Edge Gateways that is set to be available in the second half of 2018
Chris Duckett / ZDNet :
Amazon says more than 1M small businesses in the US sell on its site, providing the number for the first time; California has the most merchants with 175K
Laura Stevens / Wall Street Journal :
Humu, a startup that uses machine learning to guide behavioral change in the workplace, raises $30M Series B led by IVP
Vicky Valet / Forbes :
AI-powered law for startups
Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Zoho CRM Plus in 2025: A year of thoughtful CX improvements
2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.