Category: startup

Zoom is now ‘the Facebook of video apps’

[ad_1] Which is why it’s especially cynical for many of us that Google banned employees from using Zoom’s shady desktop app on the same day that Zoom hired Facebook’s former security bobblehead as a consultant on its hazy privacy and security triage campaign. Everyone working remotely:ZOOM monitors the activity on your computer and collects data […]

Apple just bought a low-power AI startup

[ad_1] Apple is giving its standard response: “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” But one Xnor.ai illustration, shared by GeekWire, shows a computer vision tool identifying objects in a photo using software on an iPhone. That might be the kind of capability […]

Faraday Future founder files for Chapter 11 bankruptcy

[ad_1] In the proposed plan, Yueting will use his ownership stake in the long-troubled, cash-strapped EV startup Faraday Future to create a creditor trust and repay his debts. That’s not a total surprise. Last month, Yueting stepped down as CEO in order to create this trust. According to Faraday Future, the restructuring will not affect […]

Another AR headset startup closes its doors

[ad_1] At one point, the Wall Street Journal reported that Daqri had raised as much as $275 million in funding. But according to TechCrunch, investors have caught on to the technical difficulties of creating AR headsets and are less interested in funding AR startups. Earlier this year, the AR headset startup Meta, which had raised […]

SEC approves a stock exchange built for tech startups

[ad_1] The green light required revisions before the LTE could receive the SEC’s blessing. Companies on the LTSE will be allowed to list stock on other exchanges. A number of companies have signaled their intent to list on the exchange when it goes live, although LTSE creator Eric Ries has declined to name them. If […]

Anki is closing the doors on its toy robot business

[ad_1] The news comes as a surprise, given that things seemed to be going well for Anki. Since its launch in 2010, the startup has raised more than $200 million in venture capital. Its main products Cozmo and Vector seemed to be successes. Vector launched last fall after a $2 million Kickstarter campaign, and most […]