Uber (Private:UBER) has reportedly generated losses of almost $1.3 billion in the first half of the year. The company has been valued at more than $60 billion, and even as high as $69 billion, according […]
LendUp is a direct lender that provides financial education and gamification for responsible lending behavior. LendUp loans to customers that banks usually decline, giving borrowers with poor credit scores access to short term loans without hidden […]
Building a successful business around bot technology can be difficult, as players such as Facebook Messenger and WeChat control important distribution channels, writes Jesus Rodriguez. Moreover, bot technology is hard to monetize, and entering the […]
A San Francisco-based startup called DroneDeploy has raised $20 million in Series B funding to grow their drone data management platform. The drone tech startup closed its Series B deal just before the U.S. Federal […]
One Kings Lane, an online home-furnishings retailer, fetched less than $30 million in its recent sale to Bed Bath & Beyond, according to three people familiar with the deal. The purchase price marks a massive […]
Ride-hailing startup Lyft has approached several companies, including General Motors, Google, Apple, Amazon and Didi Chuxing, about buying it, sources say. The talks with General Motors got further than those with the other companies but […]
Uber customers in Pittsburgh will be able to have self-driving cars pick them up starting this month. The cars feature cameras, GPS receivers and other types of sensors, and they will be monitored by a […]
Dexter Inc., a U.S. startup that helps corporate clients design chatbots, has secured $2.3 million in financing from investors led by Rakuten Ventures to accelerate its marketing efforts. The chatbots will aim to simulate conversations with customers, fulfilling […]
Private investors have put $1 billion into an initial funding round for Chinese electric-car startup WM Motors, founder Freeman Shen said. The company plans to introduce its first car in 2018 and produce more than […]
While Dropbox has said in the past it doesn’t plan to IPO “any time soon,” next year isn’t really “soon,” considering the comments came last November. One thing on many investors’ minds though will be the […]
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