Watching construction tech software company Procore go public today after pricing above its range makes the IPO slowdown look like the deceleration that wasn’t. Investors quickly bid up the company’s value in trading, giving Procore a higher valuation than it might have anticipated, along with a boost of confidence for the IPO market in general.…
U.K. operator O2, owned by Spanish telco Telefonica, has announced a new partnership with Microsoft in the Mobile Edge Computing (MEC) field, the former said in a release. The carrier said that the proof-of-concept will deploy on-premise MEC capabilities within a private 5G network. Under the terms of the partnership, O2 will provide…
Renovating a home is an exciting, yet often fraught-filled, endeavor. One startup that aims to help make the process simpler, cheaper and less stressful by helping people manage the home renovation process has raised $6 million to help it grow even faster. Builders VC led the round, which included participation from Celtic, Newfund and Wish co-founder Danny…
Misconfigurations in multiple Android apps leaked sensitive data of more than 100 million users, potentially making them a lucrative target for malicious actors. “By not following best-practices when configuring and integrating third-party cloud-services into applications, millions of users’ private data was exposed,” Check Point researchers said in an analysis published today and shared with The…
The Competition & Markets Authority (CMA) has given the green light to a £31 billion merger of telecoms giants Virgin and O2. Provisional approval of the deal was granted last month but today’s announcement clears the companies to form a combined entity that can better compete against BT/EE after their own £12.5 billion merger in…
The Competition & Markets Authority (CMA) has given the green light to a £31 billion merger of telecoms giants Virgin and O2. Provisional approval of the deal was granted last month but today’s announcement clears the companies to form a combined entity that can better compete against BT/EE after their own £12.5 billion merger in…
The Competition & Markets Authority (CMA) has given the green light to a £31 billion merger of telecoms giants Virgin and O2. Provisional approval of the deal was granted last month but today’s announcement clears the companies to form a combined entity that can better compete against BT/EE after their own £12.5 billion merger in…
So, true story. Over the weekend I was talking to someone about restaurant robotics. It’s a concept people often have trouble visualizing — and understandably so. Among other things, there’s really no commonly accepted form factor in a category that sometimes is literally a robot arm flipping hamburgers. My short response was, “they’re large kiosks…
So, true story. Over the weekend I was talking to someone about restaurant robotics. It’s a concept people often have trouble visualizing — and understandably so. Among other things, there’s really no commonly accepted form factor in a category that sometimes is literally a robot arm flipping hamburgers. My short response was, “they’re large kiosks…
An initial analysis of Robinhood’s Q1 2021 payment for order flow (PFOF) revenues sourced from company filings shows that the free-trading unicorn had a strong start to the year. Given the raucous trading activity of the first quarter, that news is not a surprise. The aggregate revenue data helps explain how Robinhood was able to…
