Meet Terra, the latest product line from iRobot destined to be forever known as the “Roomba for lawns.” There are worse names, of course. After all, with the Roomba line, iRobot was able do what countless startups have tried and failed before and after — introduce a truly mainstream home robot. If the Massachusetts-based hardware…
Pandora announced today that shareholders have approved its $3.5 billion acquisition by SiriusXM. After the transaction closes, several key Pandora executives will leave, including CEO Roger Lynch, general counsel Steve Bene, CFO Naveen Chopra, and chief human resources officer Kristen Robinson. SiriusXM CEO Jim Meyer will lead the combined company. Pandora and SiriusXM announced the…
I do not like the cold. I grew up on a tropical island, and though I appreciate the beauty of the first snow and winter festivities I will do everything in my power to avoid going out once the temperature drops below 40 degrees Fahrenheit. Needless to say that when Oros, an outdoor apparel company,…
In an international operation involving law enforcement authorities from the U.S. and several European countries, feds have shut down an online underground marketplace and arrested three suspects in Ukraine. Dubbed xDedic, the illegal online marketplace let cybercriminals buy, sell or rent out access to thousands of hacked computers and servers across the world and personally…
Allie Burns is managing director of Village Capital, and co-author of a recent report, “Capital Evolving: Alternative Investment Strategies to Drive Inclusive Innovation.” There is plenty of blame to go around for tech’s monoculture of thought and ideas: VC firms stacked with Ivy League-educated white male partners; a reluctance by investors to seed businesses outside…
When Apple lowered guidance on earnings earlier this month, it cited markets like China as a major factor in its disappointing numbers. Sure enough, when earnings hit today, things didn’t look great, as iPhone revenues dipped 15 percent year over year for the quarter. In an interview with Reuters earlier today, Tim Cook noted that…
A first batch of monthly progress reports from tech giants and advertising companies on what they’re doing to help fight online disinformation have been published by the European Commission. Platforms including Facebook, Google and Twitter signed up to a voluntary EU code of practice on the issue last year. The first reports cover measures taken…
It’s not surprising that Apple has a massive active install base of iPhones across the globe, but we now finally have an exact number to put behind it. During its Q1 earnings call, CFO Luca Maestri shared the install base for the first time. “Our global active install base of iPhone continues to grow and…
Knotch announced yesterday that it has raised $25 million in Series B funding. The round was led by New Enterprise Associates, with NEA’s Hilarie Koplow-McAdams joining the Knotch board of directors. Rob Norman, the former chief digital officer of ad giant GroupM, is also joining the board. “Brands have a desire to understand the effectiveness…
Argo.AI, the self-driving car startup that burst onto the scene in 2017 with $1 billion in backing from Ford, has obtained a permit to test its autonomous vehicles in California. Unlike other self-driving car companies, California isn’t the first, or even third, market where Argo.AI is testing its tech. The company, which founded by former Google…
