It’s business as usual for Alibaba after the Chinese e-commerce giant bounced back from a lackluster Q3 — which saw its slowest growth for three years. For Q4, the company saw revenue surge 51 percent year-on-year to reach 93.5 billion RMB, or $13.9 billion. That revenue beat analyst expectations of 91.5 billion RMB, according to…
China’s Huawei is making a serious foray into the enterprise business market after it unveiled a new database management product on Wednesday, putting it in direct competition with entrenched vendors like IBM, Oracle and Microsoft. The Shenzhen-based company, best known for making smartphones and telecom equipment, claims its newly minted database uses artificial intelligence capabilities…
Away‘s new lofty valuation proves how far you can get with excellent branding. The direct-to-consumer seller of Instagrammable luggage has collected $100 million in Series D funding at a $1.4 billion valuation in a round led by Wellington Management, with support from Baillie Gifford, Lone Pine Capital and Global Founders Capital, reports The Wall Street…
Twitter is finally allowing a number of locked users to regain control of their accounts once again. Around a year after Europe’s new privacy laws (GDPR) rolled out, Twitter began booting users out of their accounts if it suspected the account’s owner was underage — that is, younger than 13. But the process also locked…
Hailo, a Tel Aviv-based AI chipmaker, today announced that it is now sampling its Hailo -8 chips, the first of its deep learning processors. The new chip promises up to 26 tera operations per second (TOPS) and the company is now testing it with a number of select customers, mostly in the automotive industry. Hailo…
Dan Wu is a privacy counsel and legal engineer at Immuta. He holds a JD from Harvard University, and is a PhD candidate for Social Policy and Sociology at The Harvard Kennedy School. More posts by this contributor In this section of my exploration into innovation in inclusive housing, I am digging into the 200+ companies…
Of the many categories in the tech world, none is more ferociously competitive than enterprise. For decades, SAP, Oracle, Adobe, Microsoft, IBM and Salesforce, to name a few of the giants, have battled to deliver the tools businesses want to become more productive and competitive. That market is closing in on $500 billion in sales…
The well-known tech startup routine of coming up with an idea, raising money from VCs in increasing rounds as valuations continue to rise, and then eventually going public or getting acquired has been around for as long as the myth of Silicon Valley itself. But the evolution of MailChimp — a notable, bootstrapped outlier out…
The human race has broken another record on its race to ecological collapse. Congratulations humanity! For the first time in human history — not recorded history, but since humans have existed on Earth — carbon dioxide in the atmosphere has topped 415 parts per million, reaching 415.26 parts per million, according to sensors at the…
If you’ve flirted with the idea of buying a robot vacuum you may also have stepped back from the brink in unfolding horror at the alphabetic soup of branded discs popping into view. Consumer choice sounds like a great idea until you’ve tried to get a handle on the handle-less vacuum space. Amazon offers an…
