Techmeme

Results 11 - 20 of about 108:

Kevin McLaughlin / The Information:
Source: VMware to acquire software-based networking startup VeloCloud; VeloCloud has raised $84M in funding since launch in 2012   —  VMware has struck a deal to acquire software-based networking startup VeloCloud Networks, according to a person close to VeloCloud, in a move that is likely …
Nov 1, 2017, 6:40 PMIn context
Tom Dotan / The Information:
Sources: Snap overestimated demand for Spectacles, has hundreds of thousands of unsold units in warehouses; Evan Spiegel previously said sales beat expectations   —  Snap badly overestimated demand for its Spectacles and now has hundreds of thousands of unsold units sitting in warehouses …
Oct 23, 2017, 10:25 AMIn context
Amir Efrati / The Information:
Sources: Google prepares to launch fully autonomous taxi service by 2018, maybe in Phoenix suburb, amid lingering issues with software, like making left turns   —  Alphabet's Waymo is gearing up to launch a self-driving ride-sharing service this fall, but major problems with the technology persist …
Oct 3, 2017, 4:05 PMIn context
Amir Efrati / The Information:
The People Who Matter at Waymo   —  Waymo, Alphabet's self-driving car unit, is preparing to launch the first commercial ride-sharing service powered by self-driving vehicles with no human “safety” drivers as soon as this fall, according to two people briefed about the plan.
Oct 2, 2017, 11:40 PMIn context
Amir Efrati / The Information:
Sources: Lyft is planning to expand into Canada by year's end, its first market outside the US, and could then move into Australia and New Zealand   —  As Lyft begins a large-scale advertising campaign to try to continue gaining market share versus Uber in the U.S., its geographic ambition is rising.
Sep 14, 2017, 11:35 AMIn context
Amir Efrati / The Information:
Sources say Uber's chief legal officer, Salle Yoo, to leave company after Kalanick in May said the firm would seek new general counsel   —  Uber's chief legal officer, Salle Yoo, is expected to leave the company in the near future, according to two people briefed about the matter.
Sep 12, 2017, 8:40 PMIn context
The Information:
Sources: SoftBank discussed deal with Benchmark to buy Uber shares from existing shareholders at $40B-$45B valuation and invest an additional $1B at $70B   —  Three weeks ago, Benchmark partners Matt Cohler and Peter Fenton flew into Sun Valley, Idaho for a private meeting with Masayoshi Son of SoftBank …
Aug 4, 2017, 9:30 PMIn context
Alfred Lee / The Information:
Analysis: only about 100 current or former Snap employees have profited on paper from their stock gains; the remaining employees are currently underwater   —  Many early Snap shareholders were freed to sell stock starting Monday, but judging by the fact that the stock barely moved, few did.
Aug 1, 2017, 1:36 PMIn context
Reed Albergotti / The Information:
Source: Jawbone to be liquidated, as founder Hosain Rahman moves to his new startup, Jawbone Health Hub, providing health-related hardware and software services   —  Jawbone, the consumer electronics firm once valued at $3 billion, is going out of business.  The company has begun liquidation proceedings …
Jul 6, 2017, 5:15 PMIn context
Amir Efrati / The Information:
Sources: secret Uber program “Hell” created fake Lyft rider accounts to track Lyft driver locations, and identified individual drivers using Lyft vulnerability   —  As the ride-sharing market was exploding in the U.S. between 2014 and the early part 2016, Uber had an advantage …
Apr 12, 2017, 10:45 PMIn context

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