Walmart sues Tesla for negligence after multiple solar panel fires

Walmart and Tesla are going to try and work things out

Walmart came out swinging earlier this week in a lawsuit that accused Tesla of breach of contract and gross negligence over problems with rooftop solar panel systems installed at the retail giant’s stores. Now, just days later, the lawsuit has been placed on hold while the two companies try to Read more…

Tastemakers raises $1.4M to sell Africa experiences to the world

Tastemakers raises $1.4M to sell Africa experiences to the world

New York based startup Tastemakers has raised a $1.4 million seed-round—led Precursor Ventures—for its business that connects Africa adventures to global consumers. Tastemakers’ platform curates, prices, and lists African travel and cultural experiences—from paragliding tours to wine-tasting to concerts. The startup generates revenues by taking a 20% commission on each Read more…

VMware acquires Carbon Black for $2.1B and Pivotal for $2.7 billion

VMware acquires Carbon Black for $2.1B and Pivotal for $2.7 billion

VMware today announced that it is acquiring Carbon Black, a publicly traded security company that focuses on securing modern cloud-native workloads. The price of the acquisition is about $2.1 billion. In addition, VMware also confirmed the acquisition of Pivotal, which will have a value of about $2.7 billion. VMware’s revenue Read more…

Mobile gaming is a $68.5 billion global business, and investors are buying in

Mobile gaming is a $68.5 billion global business, and investors are buying in

By the end of 2019, the global gaming market is estimated to be worth $152 billion with 45% of that, $68.5 billion, coming directly from mobile games. With this tremendous growth (10.2% YoY to be precise) has come a flurry of investments and acquisitions, everyone wanting a cut of the pie. Read more…

Enterprise software is hot — who would have thought?

Enterprise software is hot — who would have thought?

Alex Williams Contributor Alex Williams is the founder and publisher of The New Stack, which publishes explanations and analysis of at-scale, distributed technologies for developers, DevOps and other IT professionals. More posts by this contributor Neo4j, A Graph Database For Building Recommendation Engines, Gets A Visual Overhaul Billionaire Jewelry King Read more…

Screen Shot 2019 08 21 at 1.10.34 PM

After a breakout year, looking ahead to the future of podcasting

Justine Moore Contributor Justine Moore is a venture investor at CRV and co-founded Cardinal Ventures alongside her sister, Olivia. More posts by this contributor What VidCon means for the future of social media platforms More posts by this contributor What VidCon means for the future of social media platforms 2019 Read more…

Screen Shot 2019 08 20 at 4.29.37 PM 1

Andrew Ng’s AI companies expand to Medellin, Colombia

After his tenure as Chief Scientist at Baidu, Andrew Ng, the founder of the Google Brain project and former CEO of Coursera, set up a number of different proejcts that all focus on making AI more approachable. These include the education startup Deeplearning.ai, the AI Fund startup studio for building Read more…

Kobiton real device testing hero e1561475832995

Kobiton raises a $5.2M Series A round for its mobile testing platform

Kobiton, an Atlanta-based mobile testing platform that helps developers test their apps on real devices using the open-source Appium automation framework, today announced that it has raised a $5.2 million Series A round. The round was led by BIP Capital, with support from seed investors KMS Technology and Kinetic Ventures, Read more…

SpaceX’s spacefaring Tesla Roadster has made a full trip around the Sun

SpaceX’s spacefaring Tesla Roadster has made a full trip around the Sun

Somewhere in space, a mannequin wearing a SpaceX spacesuit and driving a cherry red original Tesla Roadster that once belonged to Elon Musk is celebrating its first trip around the sun. The absurd ‘Starman’ and Roadster combo was launched last year aboard the first Falcon Heavy test flight from Kennedy Read more…

Baidu beats estimates on strong video streaming growth

Baidu beats estimates on strong video streaming growth

Chinese search giant Baidu on Monday posted a revenue of 26.33 billion yuan ($3.73 billion) for the quarter that ended in June, beating analysts’ estimates of 25.77 billion yuan ($3.65 billion) as its video streaming service iQIYI continues to see strong growth. The 19-year-old firm’s shares were up over 9% in Read more…