Wing gains FAA approval to launch commercial drone delivery service in Virginia

Wing’s drone delivery service is one step closer to becoming a reality stateside, thanks to approval from federal regulators. The Alphabet X lab graduate announced this morning that it has been certified by...

Blueshift raises $15 million from Softbank for its AI customer engagement tools

Four-year-old Blueshift, which describes itself as an AI-driven “customer data activation” company, has attracted backing from Japanese conglomerate Softbank. It today announced that it’s raised $15 million in series B funding led by...

Turn digital payments into a competitive advantage

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Pinterest shares rise 28% on first day of trading, worth $13 billion

Shares of Pinterest closed 28.58% higher than the IPO price on the first day of trading, giving the image-sharing site a $12.83 billion valuation. The rise marked a strong debut for the company, though...

Google to suggest 10 browser and search engine alternatives for Android users in Europe

Google announced that it will begin rolling out new browser and search engine options to Android users in the European Economic Area (EEA). The move comes nine months after the Alphabet subsidiary was...

Apple in talks with self-driving car sensor suppliers

(Reuters) — Apple has held talks with at least four companies as possible suppliers for next-generation lidar sensors in self-driving cars, evaluating the companies’ technology while also still working on its own lidar...

Proof of Capital launches $50 million blockchain venture fund

Blockchain venture funds are multiplying. Today, Proof of Capital announced a $50 million VC fund to invest in blockchain technologies using the decentralized, transparent, and secure technology behind cryptocurrencies and other innovations. The fund’s...

Airbnb leads $160 million investment in real estate and hospitality startup Lyric

Late last year, The Information reported that Airbnb was going to invest around $75 million in AJJK-owned Lyric (formerly Parallel), a San Francisco service that leases apartment units and floors, refurbishes them, and...

European Parliament passes online platform rules placing new limits on Amazon and Google

The European Parliament passed a new set of regulations aimed at curtailing the power of digital platforms operated by such tech giants as Amazon, Google, Apple and Facebook. While the final vote tally has...

Intel exits 5G phone modem business after Apple-Qualcomm settlement

Following Apple’s last-minute patent licensing settlement with Qualcomm today, Intel has unexpectedly dropped out of the 5G modem-making business for smartphones. The Santa Clara-based chipmaker says it is in the process of assessing...

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