Arm, the semiconductor firm you probably still remember as ARM, today announced that it has acquired Treasure Data, a data management platform for large enterprise customers. The companies didn’t announce the financial details of the transaction, but earlier reporting by Bloomberg pegged the price at $600 million. This move strengthens Arm’s IoT nascent play, given that…
Cisco today announced its intent to buy Ann Arbor, MI-based security firm, Duo Security. Under the terms of agreement, Cisco is paying $2.35 billion in cash and assumed equity awards for Duo. Duo Security was founded in 2010 by Dug Song and Jonathan Oberheide and went on to raise $121.M through several rounds of funding.…
Starbucks is palling up with Alibaba as it seeks to rediscover growth for its business in China. China has been a bright spot for some time for the U.S. coffee giant, but lately it has struggled to maintain growth — its China business dragged on its Q3 financials — and it is up against some…
In the increasingly crowded world of venture capital, a growing number of firms is producing research as a way to differentiate themselves from the pack. Earlier this year, for example, Wing, a venture firm that focuses primarily on enterprise startups, published a state of the industrial IoT market. The consumer-tech investment firm Goodwater Capital is becoming known for…
CBS is today debuting a new portfolio of streaming services designed to deliver local news to cord cutters and other digital media consumers. The services, branded CBSN Local, will live under the CBSN brand – the 24/7 news channel first launched in November 2014 that made its way to the CBS All Access streaming service last August.…
Chinese smartphone manufacturer Huawei is now the second biggest smartphone manufacturer in the world according to new reports from IDC and Canalys, as The Verge initially spotted. In IDC’s latest report, the firm says that the overall market has shrunk by 1.8 percent in Q2 2018. But the biggest surprise is that Huawei now has…
Electric scooter startup Bird, the one worth $2 billion, is going international. This does not come as a surprise given TechCrunch’s June report that Bird was looking to expand to Europe. Today, Bird is launching a pilot program in Paris to see how the electric scooter service operates in a city with more than two…
Uber is making calls to some of its customers in New York City, offering to connect them to local council members to express their opposition to the proposed legislation that would cap the number of ride-hailing drivers in the city, Buzzfeed first reported. Meanwhile, Lyft is also reaching out to its NYC-based riders, asking them to…
A lot can happen in 24 hours. Just ask Jack Bauer, the hard-charging protagonist from the TV drama series 24. Seriously, he had to save the world every dang episode. All you have to do is buy your pass to Disrupt San Francisco 2018 before the prices go up in — you guessed it —…
Freshworks, a company that offers a variety of business software tools ranging from IT management to CRM for sales and customer support software, today announced that it has raised a $100 million funding round co-led by Sequoia and Accel Partners, with participation from CaptialG. The company’s last funding round came in the form of a…
