Recent Posts

  • Apple Acquired AI Startup Silk Labs Earlier This Year

    Apple is known to silently acquire startups which it believes will help improve its existing technologies. This time around, The Information reports that Apple acquired AI startup Silk Labs earlier this year. […]

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    IBM is acquiring Red Hat, a major distributor of open-source software and technology, in a deal valued around $34 billion, the companies announced on Sunday. According to a joint statement, IBM […]

  • Microsoft closes its $7.5B purchase of code-sharing platform GitHub

    After getting EU approval a week ago, today Microsoft’s acquisition of GitHub, the Git-based code sharing and collaboration service with 31 million developers, has officially closed. The Redmond, WA-based software behemoth first said […]

  • Microsoft acquires Lobe, a drag-and-drop AI tool

    Microsoft  today announced that is has acquired Lobe, a startup that lets you build machine learning models with the help of a simple drag-and-drop interface. Microsoft plans to use Lobe,  which only launched into beta earlier […]

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    Facebook has hired the seven-person team at social media video developer Vidpresso to enhance interactive elements of its Facebook Live streaming service. Vidpresso is a six-year old based startup in […]

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    Jeff Bezos isn’t the only astronomically wealthy member of the Bezos family. In 1995, Bezos was trying to get Amazon off the ground and turned to his mother and stepfather, […]

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    With or without Amazon, asset management is getting disrupted

    If Amazon makes a serious move into financial services, it will be one of the most talked about pivots in tech history. Finance executives regularly discuss a potential invasion by the likes of Apple, […]

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    Tencent acquires majority stake in Path of Exile developer Grinding Gear Games

    If you’re a fan of dungeon-crawling games, you’ve probably heard of some of the heavyweights in the genre, such as Path of Exile (PoE) and the Diablo series. The former’s popularity largely […]

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    Compared with some of the prior IBM (IBM – Get Report) earnings reports that have sparked selloffs, the numbers provided in Big Blue’s latest release weren’t especially harsh. Even if (as […]

  • Accel, others invest $10 million in AgroStar

    Flipkart backer Accel is leading a $10-million series-B funding round in AgroStar, a mobile commerce platform for farmers to procure raw materials. The funds raised will be largely focussed on technological upgradation, which includes […]