Startups

VMWare acquiring network security firm Lastline

VMware, a well known American publicly traded software company, has announced its intent to acquire Lastline, an anti-malware cybersecurity company, for research and to yield innovative security capabilities. The deal will close by July 31, and the startup has not disclosed...

Apple acquired Dark Sky weather app, set to remove from Play Store by July 1

Dark Sky, a popular hyperlocal weather app and data collection service, has joined Apple to reach far more people with far more impact than ever thought. Dark Sky is one of the most accurate information sources of hyperlocal weather information providing...

Toyota invests $400 million in Pony.ai for Level 4 autonomous cars

Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has funded $400 million into Pony.ai, followed by Sequoia, KUNLUN, IDG Captial, and ClearVue...

Snap announces the third cohort of Yellow Accelerator Program

Snap Inc, the parent company of Snapchat, has launched the third cohort of its Yellow accelerator program. The program, debuted in 2018, was started to bring in creative minds and entrepreneurs to build great media companies for the next generation. 

Chroma Labs has officially joined Twitter. Is Twitter coming up with its own Stories?

Chroma Labs has officially announced that the company is shutting down its business immediately, and the team is joining Twitter.  Kayvon Beykpour, the product lead at Twitter, confirmed the news of acquisition in his tweet saying Chroma Labs squad is joining its...

HopSkipDrive raises $22 million in latest round of funding

HopSkipDrive, a Los Angeles based transportation company for children, has received a  $22 million in funding in the latest round. The round, largest yet, saw participation from 15 investors which include Cyrus Capital Partners, State Farm Ventures, Upfront Ventures, and FirstMark...

Facebook acquires PlayGiga to jump into cloud gaming

Facebook has acquired PlayGiga, a startup focused on cloud video games, as reported by CNBC. PlayGiga has one of the advanced video game streaming platforms in Europe. PlayGiga, based in the Spanish city of Madrid, has been working...

Apple acquired image processing startup Spectral Edge

Apple has acquired Spectral Edge, a startup with technology that improves photos taken on smartphones. According to a report by Bloomberg, the startup based in Cambridge, UK, has made some filings public on Thursday, which shows Apple has acquired the company....

Apple is suing its former lead chip designer for founding a startup

Apple is suing former employee Gerard Williams for allegedly breaching terms of his employment contract and loyalty. Gerard Williams is the former chief architect of iPhone and iPad chips (A-series chips). Due to engaging in activities that...

WeWork’s CTO is leaving the company

WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider. Shiva Rajaraman joined WeWork in 2017 and lead the technology...

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