Amid Brazil’s persistent economic crisis fintech startup GuiaBolso raises $39 million

 Despite a continuing economic crisis, Brazil’s technology startups are continuing to attract cash and financing, with the mobile personal financial service GuiaBolso raising $39 million in fresh funding. Readers outside of Brazil can think of the company as a combination of U.S. services like Mint, CreditKarma, and Lending Club, all rolled into one. That GuiaBolso has emerged as a… Read More

Read more

Coca-Cola’s Alan Boehme is taking the CTO reins at Procter & Gamble

 The former global chief technology officer of Coca-Cola, Alan Boehme, is trading the effervescent world of soda pop for the day-to-day necessities of detergents, deodorants, daily cleansers, diapers, and dental hygiene at Procter & Gamble, TechCrunch has learned. Boehme will take over as the global chief technology officer and vice president of information technology innovation at P&G,… Read More

Read more

Indiez aims to raise the quality of freelancer platforms

 Indiez is an up-and-coming freelance service that aims to bring a higher standard to a world that is dominated by the likes of Gigster, Upwork and Fiverr by taking a different, team-led approach. There are already plenty of options for developers who opt for freelance work perhaps because they don’t like the shackles of a single day job, want to moonlight outside of office hours, or… Read More

Read more

IBM is using the blockchain to speed up and simplify cross-border payments

 The blockchain has long been seen as a method to quicken (and cheapen) cross-borders payments, and now that movement — which includes a number of startups making moves privately — just got its highest profile advocate after IBM announced its own solution focus on banks.
The computing giant has teamed up with blockchain startup Stellar and payment company Kickex to launch a… Read More

Read more

Apple diversity head Denise Young Smith apologizes for controversial choice of words at summit

 Apple’s Denise Young Smith sent an apology to team members at Apple today over comments she made at the One Young World Summit in Bogotá, Colombia. “Last week, while attending a summit in Bogota, I made some comments as part of a conversation on the many factors that contribute to diversity and inclusion….I regret the choice of words I used to make this point,” said Smith… Read More

Read more

Two global investors will talk token sales at Disrupt Berlin

 Token sales, also called ICOs, are the new normal when it comes to early stage cash. Originally envisioned as a way to create new and unique rails for payments, customer interaction, and peer-to-peer networking the token is now both an integral part of most companies and a great way to fund a great (or awful) idea. This year in Berlin we’ll be joined by Zoe Adamovicz of Neufund… Read More

Read more

ROSS Intelligence lands $8.7M Series A to speed up legal research with AI

 Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup, founded in 2015 by Andrew Arruda, Jimoh Ovbiagele and Pargles Dall’Oglio at the University of Toronto, is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund,… Read More

Read more

Dow Jones said that Google was buying Apple, the algos bought it

 There you have it. Steve Jobs’ will + Dow Jones + Apple Park = Google’s buying Apple. I think we finally have algorithmic transparency. This morning Dow Jones shot some fake news out over the wires announcing that Google was acquiring Apple for $9 billion. For a brief second, the news sent Apple’s stock up about $2 to $158 per share. To the benefit of everyone’s… Read More

Read more

Petuum secures $93M Series B to push AI into the mainstream

 With a shortage of machine learning developers bearing down on the industry, startups and big tech companies alike are moving to democratize the tools necessary to commercialize artificial intelligence. The latest startup, Petuum, is announcing a $93 million Series B this morning from Softbank and Advantech Capital.
Founded last year by Dr. Eric Xing, a Carnegie Mellon machine learning… Read More

Read more

Australia’s Startmate accelerator announces its most recent class

 As the startup tech scene blossoms in Australia, despite challenges like a small pool of local institutional investors and natural threats like the predatory Dropbear, one of the key components of its success has been the development of its national incubator and accelerator programs. One of the best of the bunch is Startmate, which is announcing their third cohort on Monday. Founded in… Read More

Read more

Sonos announces Alexa-controlled wireless speakers

 Alexa is officially the first voice assistant to be available on Sonos, a move that turns the wireless speaker product into a voice-controlled sound system. Originally https://techcrunch.com/2016/08/30/sonos-partners-with-amazon-spotify-for-enhanced-music-control/announced a year ago, Sonos has been working “day and night” with Amazon to implement the features. Alexa on Sonos will… Read More

Read more