LATEST ARTICLES

Daimler hits the gas on electric and autonomous driving tech

Mercedes-Benz parent company Daimler intends to up its spending on research and development, the company revealed during its quarterly earnings call on Thursday. The high-end car maker is going to route a lot more money towards areas key to the future of driving, including autonomous driving tech, a brand new generation of batteries for...

Inkbox’s short-term tattoos raise $1M from Alison Sweeney, Jeff Probst and more

Inkbox’s two-week tattoos made waves when the company debuted its product on Kickstarter last year – Toronto-based founders Tyler and Braden Handley raised nearly $300,000 for their organic limited-time body art invention, which was a refinement of their original product offering that cut application time to just 10 minutes. A year later, they’ve raised $1...

Google unleashes DeepMind on energy-hungry datacenter, cutting cooling bill by 40 percent

DeepMind may be a master at one of the most complex games on Earth, but can it handle the day-to-day energy concerns of a Google datacenter? Yes, as it turns out, and with a vengeance. The power needs of a datacenter depend on lots of factors, from demand to the weather, and adjusting to or...

Dreamit accelerator ditches demo days, unveils 25 new health and education startups

Dreamit Ventures’ accelerator has ditched the demo day, according to Chief Innovation Officer Steve Barsh. That’s not the only change the early-stage venture firm and accelerator has made of late. Today, Dreamit unveiled a list of 25 new health and edtech startups launching from its revamped programs. A full list of those companies provided by...

After 3 weeks, Worldpay still fumbling millions of Etsy transactions

Etsy users had another bad week as payment processor Worldpay continues to cause problems. Late last week, some Etsy users began reporting that they had experienced duplicate charges. The forum on Etsy for duplicate charges is approaching one thousand posts. In a statement, Worldpay admitted to causing the duplicate charges for Etsy users in its attempts to...

Car sharing leads to reduced car ownership and emissions in cities, study finds

Cars are one one of the top contributors to greenhouse gas emissions globally, and cars in cities can be especially heavy with their contributions, owing to traffic and population density. And while encouraging everyone to bike or use public transit probably isn’t going to convince everyone to ditch car ownership, car sharing services seem to be...

Sift Science raises $30 million to predict and prevent fraud everywhere online

To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners. According to the U.S. Internet Crime Complaint Center (IC3) 2015 annual report, reported internet crimes alone, ranging from...

Army Special Operations Command reportedly ditching Android for iPhone in the field

While the ordinary proving ground of the smartphone may be the mean streets of the city, devices are to be found on the field of battle, too — and if a report from DoDBuzz is to be believed, Android may soon be giving way to iOS for some special operations forces....

Facebook’s new ad tool helps target people who will actually use, not just install, mobile apps

Getting people to download apps on their phone is hard enough. Getting to use them and return is even harder. And getting valuable users who spend money in the app or take other actions that the developer wants to encourage, is the most difficult task of all. Today, Facebook announced plans...

IBM beats the street in Q2 with sales of $20.24B, EPS of $2.95, cloud revenues up 30%

  IT giant IBM has just posted its second quarter earnings, with revenues coming in at $20.24 billion and non-GAAP earnings per share at $2.95. The figures beat analysts’ estimates of $20.03 billion in revenue and non-GAAP EPS of $2.89 per share. However, non-GAAP net income is $2.8 billion, down 25% from a year ago (GAAP net income was $2.5 billion, now 29%). And although results are...