Thanksgiving e-commerce sales up 18% year-on-year, average order value $114

 Black Friday, the day after a quiet Thanksgiving Thursday, traditionally has been thought of as the start of the holiday sales season, but the rise of e-commerce in the last few years has changed all that, and the action is already kicking off today.
Early numbers from Adobe and IBM, two of the companies that track traffic to a vast swathe of e-commerce properties, show that numbers are up… Read More

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Co-founder of unicorn InMobi is launching a bike-sharing startup in India

 Over in India, there are a handful of startups working to get the country’s billion-person population on bikes. One of them is Yulu, co-founded by Amit Gupta, who formerly co-founded profitable, billion-dollar startup InMobi. In the next three to four weeks, Yulu will launch its bike-sharing service in Bangalore with a few hundred bicycles. Yulu is starting with regular, dockless… Read More

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Tesla’s electric Semi truck starts at $150,000, reservations now live

 The Tesla Semi, the automaker’s all-electric transport truck, will retail starting at $150,000 for a version with 300 miles of range, and will also be available in a $150,000 version with 500 miles of range. Interested parties can pre-order them with a base reservation price of $20,000 – or, if they want a “Founders Series,” they can get one for $200,000, with the… Read More

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Putting the “AI” in ThAInksgiving

 Welcome to Thanksgiving table talk circa 2017. It’s true that AI and machine learning are changing the world, and in a few years, it will be embedded in all of the technology in our lives. So maybe it makes sense to help folks at home better understand machine learning. After all, without deep knowledge of current tech, autonomous vehicles seem dangerous, Skynet is coming, and the… Read More

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In Israel, a blockchain and crypto hyper-cluster is just getting started

 The lunch took place just after well-known tech investor Moshe Hogeg announced he would invest in every Israeli blockchain that approached him. That investor group, called Alignment, consisted of the Singulariteam Technology Group, together with CoinTree Capital, and BlockchainIL. Held at Alignment’s new blockchain Hub in Tel Aviv, we got to hear from an array of new companies. Dubbed… Read More

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Lyft raising additional $500 million on top of recent $1 billion round

 Lyft is seeking to raise an additional $500 million, over and above the $1 billion it raised in a round led by Alphabet venture arm CaptialG last month. The $500 million is an extension of that round, the company told Axios, and is not yet closed. But it should add to Lyft’s overall valuation once closed, bringing its post-many total to $11.5 billion. The round extension would allow Lyft… Read More

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