Modeling software company Autodesk has acquired BIM (building information modeling) platform Assemble Systems, as the former aims to bolster its offering for the construction industry. The deal – financial details of which…
Five Top New York City VC Firms
Silicon Valley is still the king of American venture capital: last year the San Francisco-Oakland-Hayward, CA metro area contributed just over $23 billion, or 34.13%, of the nation’s entire VC spending. While…
Scooter Firm Bird to Hit $2bn Value with Huge Funding Round
Electric scooter startup Bird is on the verge of a $2 billion valuation, as it prepares to close a $300m funding round. The Venice, CA-headquartered company, which has already raised $115m, will…
Amazon Bites Back at Police Face Recognition Critics
Amazon has defended the use of its Amazon Web Services (AWS) technology to power US police facial recognition platforms, amid concern the firm is underpinning “authoritarian” policing techniques. An open letter signed…
Alphabet Posts Strong Quarterly Profits on Advertising Boost
Google’s parent company Alphabet has reported a huge profit increase in its latest quarterly earnings report, as it continues to corner the digital advertising market. The Mountain View-headquartered firm, which appears to…
Tech Leaders in Renewed Call for Gun Control after YouTube HQ Shooting
Leaders from the world have tech have ramped up calls for gun control in the United States, following a gun attack at the headquarters of media firm YouTube. The attack, during which…
Uber’s Self-Driving Fatality Must Precipitate Regulatory Crackdown
Yesterday an Uber self-driving car hit and killed 49-year-old Elaine Herzberg in Tempe, Arizona. First, a rant to the media: it doesn’t matter whether Ms Herzberg was homeless or not, or whether…
BlackBerry to Battle Messaging Service Giants in Patent Suit
BlackBerry is suing three of the messaging space’s biggest companies for multiple patent violations. The Canadian firm is fighting Facebook, Instagram and WhatsApp for a host of features related to its BlackBerry…
High-Speed AR Firm Edgybees Completes $5.5m Seed Round
Edgybees, a Californian startup offering augmented reality solutions for “high speed” platforms like drones and cars, has won a $5.5 million Seed funding round. The investment was raised from Motorola Solutions Venture…
Dell Ponders Huge VMware Public Talks
Dell Technologies could soon be a publicly listed company, following reports it is considering a number of financial options, including a reverse merger with cloud firm VMware. The Texan computing firm, which…