Tag: Entrepreneur

Mobile

Allset raises $5 million to cut wait times at restaurants

Allset wants to make restaurants more convenient and efficient for the busy bees of this world and announced today that is has secured $5 million to expand nationwide. Greycroft Partners led this round, with participation from new investor Vaizra Investments. Previous investors, including Andreessen Horowitz, Compound, FJ Labs, and SMRK VC Fund also joined. Users…

Tech

In an open letter to Jeff Bezos, civic groups call for a more transparent Amazon HQ2 selection

While mayors and governors across the U.S. are eager to show constituents that they’re willing to fight tooth and nail to secure Amazon’s HQ2 , some groups are asking local politicians to pump the breaks. This morning, 73 civic groups from 21 states around the country released an open letter called “Our HQ2 Wishlist ”…

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Microsoft nominates 2 new board members: ex-Secretary of Commerce Penny Pritzker and Marriott CEO Arne Sorenson

Microsoft has announced two new candidates for its board of directors, who the company hopes will be voted in at its next shareholders meeting on November 29, 2017. Up for nomination are Penny Sue Pritzker, the billionaire founder of private investment firm PSP Capital and spin-off Pritzker Realty Group , who also served as the 38th U.S. Secretary…

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Terminal wants to help your startup expand globally

Creating an international satellite office for a growing startup can be a tough challenge. In order to get started, companies have to find talent, real estate, and deal with new employment laws, tax considerations, and all manner of other complexities. A startup coming out of stealth today is aiming to fix that by doing much…

Mobile

LimeBike raises $50 million to expand dockless bike-sharing

Just a few months after launching with a $12 million seed round, dockless bike-sharing startup LimeBike announced today that it has secured a whopping $50 million to expand nationwide. Coatue Management led the investment, with participation from new investors, including GGV Capital, Bill Maris’ Section 32, Franklin Templeton Investments, AME Cloud Ventures, and Stanford’s StartX…

Mobile

T-Mobile and Sprint plan to announce merger without asset divestitures

(Reuters) — T-Mobile and Sprint plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter. While it is common for companies not to unveil divestitures…

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China’s manufacturers are enabling a new model of startup incubation

GUEST: The current chronology Silicon Valley hardware startups typically follow is slow and disordered. But that could change with a new incubation model emerging from an unlikely group: China’s global hardware manufacturers (OEMs). Usually, when launching a hardware business, startups make prototypes, then raise capital so they can fund production. They then often turn to…

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How blockchain promises to speed up tech evolution

GUEST: The blockchain space has been innovating at an incredible pace over the past year. The total number of initial coin offerings (ICOs) was probably less than 10. If someone had told you that insurance company AIG was conducting a multi-country smart contract test , you’d have thought they were crazy. Certainly, the idea of…