Month: July 2017

At TechCrunch’s event in Shenzhen last month, we had a chance to test out the WT2, a clever and ambitious device from startup TimeKettle. It’s a pair of wireless earpieces; each person in a multilingual conversation wears one, and they translate what’s said into the language spoken by each participant. Essentially it’s a Babel fish,
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Microsoft’s annual Imagine Cup, a global competition of high-tech student projects, reached its culmination this week accompanied by the usual pomp at the company’s headquarters in Redmond. The winner of the $100,000 grand prize and 365 days of bragging rights is X.GLU, a Czech team that created a custom smart glucose meter for children with
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Twitter reported its second-quarter earnings today, and it did not go over well. As a result, the stock is down more than 12% in trading today — which is a very Twitter thing to happen, so to speak. Here’s the chart, which could pretty much be summed up with a 😐: Today also wiped out most
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Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million. Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to
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Nick Woodman thinks QuikStories represents the path forward for GoPro. The company’s founder/CEO doesn’t hold back. “You can say this is the biggest thing we’ve done to simplify the experience of sharing video since the invention of the GoPro itself,” he says matter of factly. Woodman has always been GoPro’s biggest cheerleader, from its founding
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Microsoft today is launching a couple of major updates to PowerApps, its low-code service for quickly building line-of-business applications, and Flow, its business-centric IFTTT competitor. While these are obviously two very different applications, the general idea to allow businesses to leverage the data that they already generate is similar across both projects. Ryan Cunningham, Microsoft’s group
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Salesforce announced an update to its Service Cloud today, which the company says enables non-technical administrators to build a customer service organization with connected services in less than a day. That’s a bold claim, even for the marketing department, but the Service Cloud app builder has been built on top of the Salesforce Lightning development platform
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Brolly, a U.K. ‘insurtech’ startup that offers an app to help you manage and purchase various insurance products, has raised £1 million in seed funding. Valar Ventures, the U.S.-based venture fund backed by Peter Thiel, led the round, with Pi Labs co-leading. Entrepreneur First (EF) also participated via the company builder’s £40 million “Next Stage
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Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated. The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round
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