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Cloudera, the enterprise big data company that’s received significant backing from Intel, has unveiled its much-anticipated IPO filing. In the S-1, we get a glance at their financials. Revenue is growing, bringing in $261 for the fiscal year ending in January and $166 million for the same period last year. Losses were $186.32 million, down from $203 million year-over-year. We… Read More
Source: Tech Crunch
At this very moment, there’s someone working away in a factory somewhere in Shenzhen or at a manufacturing plant in Israel, or maybe even a facility in Gaithersburg, Md., prepping the assembly of one of the 10,000 robots that a small Israeli company wants to bring into the world this November. Read More
Source: Tech Crunch
For startups working to sell to large corporations, their investors and their tens of thousands of employees, it’s welcome news.
A confluence of factors may make 2017 fertile ground for tech offerings. The stock market is at record highs, last year’s IPO crop such as it was is outperforming the preceding group, 2017’s own brace of offerings are doing well in the market and… Read More
Source: Tech Crunch
Sen. Marco Rubio announced during a Senate Select Intelligence Committee hearing today that members of his former presidential campaign were targeted by hackers from IP addresses located in Russia. Thomas Rid, a professor at King’s College, also testified at the hearing that Russian attacks on the Clinton campaign were more widespread than previously known. Rubio said that members of… Read More
Source: Tech Crunch
SpaceX is launching a Falcon 9 rocket at 6:27 PM EDT (3:27 PM PDT) today, provided all goes to plan. The company has launched many Falcon 9 rockets in the past, but this time is a bit different – the rocket in this case has already been launched once before, and will now carry a payload for commercial client SES for its second go-around. You can watch the whole thing unfold above… Read More
Source: Tech Crunch
Google is contributing to the $150 million going into The Vector Institute, a new initiative housed at the University of Toronto, guided by chief scientific adviser Geoffrey Hinton. The Institute is getting started today, with significant investment from the governments of Canada and the province of Ontario. Google’s contribution is around $5 million, but it’s likely the future of… Read More
Source: Tech Crunch
Facebook will reveal at its F8 conference a new class of group bots that work inside Messenger group chats. These group bots can keep users informed about real-time news such as a sports game’s progress, ecommerce deliveries, and more, according to three sources familiar with the development of the feature.
Facebook is already working with top chatbot makers to prepare for the launch. Read More
Source: Tech Crunch
One of the best parts of writing about transportation tech is that I get to reiterate my desire to go to space – again, for the record, if you’ll have me Blue Origin I would like to go to space. Especially now that I’ve seen the luxuriously appointed interiors of your New Glenn rocket, which are generous with the leather and where every seat is a window seat AND an aisle… Read More
Source: Tech Crunch
Lyft has a new offering in testing called Shuttle, which is part of its Lyft Line commuter ride sharing option, and which operates along a set route with specific pickup and drop-off points. The trial for Shuttle is currently on offer in San Francisco and Chicago, and is intended to offer increased reliability for users who tend to travel the same path every day. Shuttle also includes fixed… Read More
Source: Tech Crunch
In a new 50 page report, a team of MIT cybersecurity researchers asserts that the most vital economic systems in the U.S. are essentially defenseless, imploring the Trump administration to do something about it instead of just waiting for everything to come crashing down. Our nation’s core industries, much like anything connected to the internet, are just so many digital locks waiting… Read More
Source: Tech Crunch