Build Better Ideas
Boston-based private equity shop Berkshire Partners announced this afternoon that it is acquiring Accela — a nearly 20 year old startup that sells regulatory management solutions to government clients. Accela has gone through a troika of CEOs in the last year. Previously acting CEO Mark Jung replaced Maury Blackman last October who had managed the company for about a decade. We… Read More
Source: Tech Crunch
Hired, a recruiting platform that connects companies with tech talent, published a new report this week on the state of software engineering jobs that suggests that contract workers can make more than full-time software engineers.
According to its data, which comes from 175,000 interview requests from 10,000 companies on the platform (they have to state how much they are willing to pay an… Read More
Source: Tech Crunch
When you think about dead companies walking, BlackBerry was clearly one that came to mind, but under the leadership of CEO John Chen, the company is actually making a comeback as a software company focused on security, and it’s latest quarterly earnings report suggests the pivot is working splendidly. The company reported revenue of $249 million, which shattered analyst’s… Read More
Source: Tech Crunch
American Airlines and Casper are announcing a new partnership that could help passengers (like me) who have trouble sleeping on flights. They’re not going as far as putting Casper mattresses on planes. Instead, they say they worked together to create eight new sleep products designed to improve in-flight slumber. Those products include a mattress pad that fits over your seat, a… Read More
Source: Tech Crunch
Angry Birds-maker Rovio Entertainment priced its IPO at 11.50 euros, at the top of its proposed range. It raises 30 million euros in proceeds.
This values the company a little above $1 billion, just half of the $2 billion the company was previously said to be hoping for. The company previously raised at least $42 million in venture funding from Accel, Atomico, Felicis Ventures and… Read More
Source: Tech Crunch
Amazon held an event in Seattle today, and the announcements were non-stop. From a new high-end Echo to talking fish, they had all sorts of stuff to show.
Don’t have time to catch up on all of it? That’s okay. We’ve put it all in one quick, easy-to-digest place. For you. Because we care. Read More
Source: Tech Crunch
The biggest surprise of today’s secret Amazon event in Seattle was the sheer breadth of Echo-related announcements. Over the past several months, it’s seemed as if Amazon the company was moving more and more toward offloading hardware development to third-parties building Alexa into everything from thermostats to lamps. But the company’s first-party hardware continues to be… Read More
Source: Tech Crunch
Equifax was issued a subpoena from New York state’s financial service regulators in regards to the massive data breach the company announced last month, Reuters reported today. The regulators want Equifax to provide more information, which is about right since it seems like Equifax has changed the story several times since the first announcement. Specifically, Reuters states the subpoena… Read More
Source: Tech Crunch
MIT’s Computers Science and Artificial Intelligence Lab (CSAIL) has created a new robot that’s designed to be as adaptable as possible, with the ability to use different “outfits” that each provide different “powers” to the robot. These could include optimizing its ability to walk, for instance, as well as navigating water and even taking to the skies.… Read More
Source: Tech Crunch
Uber has confirmed to TechCrunch that it will shut down its Xchange Leasing subsidiary, which provided vehicle leases to drivers on the service that couldn’t otherwise procure vehicles through traditional financing options. The shutdown wasn’t unexpected – Uber said in August that it was working on what to do with the business, after reports emerged that it was considering… Read More
Source: Tech Crunch