SoftBank reportedly preps a package to take control of WeWork parent company

SoftBank Group, the multi-billion dollar Japanese technology conglomerate and investment firm, has put together a  bid that would save WeWork parent company We Co., just weeks before the co-working real estate company’s imminent collapse, The Wall Street Journal reports. With the collapse of the company’s planned initial public offering, We Co. is facing a cash […]

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Uber to acquire grocery delivery startup Cornershop

Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects that its acquisition of a majority ownership stake in Cornershop in early 2020, once it receives all the necessary […]

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Toyota’s LQ concept car will make friends with you via its onboard AI

Toyota is doubling down on its prediction that the key to building a compelling car of the future will be creating a true connection between car and driver (or passenger, depending on whether or now you’re using autonomous mode). The car maker’s new LQ concept is an evolution fo the Concept-i vehicle it unveiled at […]

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Toyota’s LQ concept car will make friends with you via its onboard AI

Toyota is doubling down on its prediction that the key to building a compelling car of the future will be creating a true connection between car and driver (or passenger, depending on whether or now you’re using autonomous mode). The car maker’s new LQ concept is an evolution fo the Concept-i vehicle it unveiled at […]

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Bill McDermott steps down as SAP’s CEO

SAP today announced that Bill McDermott, its CEO for the last nine years, is stepping down immediately. The company says he decided not to renew his contract. SAP Executive Board members Jennifer Morgan and Christian Klein have been appointed co-CEOs. McDermott, who started his business career as a deli owner in Amityville, Long Island and […]

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Autonomous trucking startup Einride eyes U.S. market with $25 million in new funding

Einride, the Swedish autonomous vehicle startup known for its futuristic pods designed to haul freight, has raised $25 million in a Series A round that will be used to fund its expansion into the United States. The round was co-led by the EQT Ventures fund and NordicNinja VC, a  fund backed by Panasonic, Honda, Omron […]

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Cisco hit by an internal network outage

Not a great start to the day for Cisco employees, many of which are struggling in the face of an internal IT outage. The technology and networking giant confirmed in a tweet it was “aware of some disruption” to its IT systems and is “working on restoring the network. Worse, the company’s corporate blog also […]

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Google makes moving music and videos between speakers and screens easier

Google today announced a small but nifty feature for the Google Assistant and its smart home devices that makes it easier for you to take your music and videos with you as you wander about the different rooms in your home. ‘Stream transfer’ as Google prosaically calls it, allows you to simply ask the Assistant […]

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Contentstack raises $31.5M Series A round for its headless CMS platform

Contentstack, a startup that offers a headless CMS platform for enterprises, today announced that it has raised a $31.5 million Series A round led by Insight Partners. Existing investors Illuminate Ventures and GingerBread Capital also participated in this round. The company says that it saw its revenue grow by 4x in the first half of […]

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Why we’re still waiting on the Postmates S-1

Postmates CEO Bastian Lehmann on ‘choppy’ public markets, competitors and more.

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