Toshiba And Western Digital Make Peace, Clearing Major Hurdle For Chip Deal

Toshiba and Western Digital Make Peace, Clearing Major Hurdle for Chip Deal Wall Street Journal
  • ...agreed to settle a dispute over Toshiba’s planned sale of its memory-chip unit, the two companies said Wednesday, clearing a major hurdle to the nearly $18 billion deal.
  • As a part of the settlement, the companies said they would withdraw all litigation and arbitration actions related to the issue.
  • ...and analysts say Toshiba must complete the sale as soon as possible to keep the South Korean maker from pulling further ahead.

Iron Mountain Acquires IO Data Centers’ US Operations For $1.3 Billion

Iron Mountain acquires IO Data Centers’ US operations for $1.3 billionRon Miller / TechCrunch
  • Iron Mountain announced today that it’s acquiring the U.S. data center assets of IO Data Centers for a cool $1.3 billion — and the price tag could potentially go higher.
  • With today’s purchase, Iron Mountain gets some serious assets, including four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio.
  • Iron Mountain, which has mostly been known for digital and physical records management, including storing and shredding of physical documents, has been quietly expanding its business this year to include physical data centers.
  • “We continue to experience strong demand and growth in our data center business with a focus on establishing a presence in the largest global markets for colocation and enterprise customers.

Ouster Raises $27 Million And Launches Its Autonomous Car Lidar Out Of Stealth

Ouster raises $27 million and launches its autonomous car lidar out of stealthPaul Sawers / VentureBeat
  • A fledgling lidar startup is launching out of stealth today, backed by more than $30 million in investors’ money. San Francisco-based Ouster has officially unveiled its OS1 lidar, which it said represents a “step-change in lidar sensing technology” compared to what is currently available elsewhere on the market, with “marked improvements in mass, form factor, and power requirements.”
  • Ouster said that in addition to improvements in form factor and power requirements, its 64-channel lidar sensor, which is shipping now, also matches the resolution of the highest performing automotive lidar technology available today.
  • By way of a quick recap, lidar is a method of surveying the environment with laser-powered light, often used to make high-resolution maps.
  • Ouster was founded in early 2016 by CEO Angus Pacala and CTO Mark Frichtl, and the startup has been operating under the lidar radar in the nearly two years since.

Apple Shazam Acquisition Just Confirmed: A Match Made In Music

Apple Shazam acquisition just confirmed: A match made in MusicChris Burns / SlashGear
  • This morning Apple and Shazam announced that the former would acquire the latter in a deal that’ll combine the two companies.
  • This acquisition announcement comes after Shazam announced $54-million in revenue in their fiscal year of 2016.
  • In addition to the music and other media identification that’s been a part of Shazam for a while, the company has some AR magic up its sleeve.
  • Apple released a statement today which expressed excitement in having the Shazam team join the iPhone brand.

Menlo Security Raises $40 Million To Help Companies Block Malware

Menlo Security raises $40 million to help companies block malwarePaul Sawers / VentureBeat
  • Cybersecurity startup Menlo Security has closed a $40 million series C round of funding from American Express Ventures, Ericsson Ventures, HSBC, JPMorgan Chase, General Catalyst, Sutter Hill Ventures, Osage University Partners, and Engineering Capital.
  • Founded out of Menlo Park, California in 2013, Menlo Security’s raison d’être is to protect organizations from cyberattacks by blocking malware from the web, documents, and email.
  • The company claims “millions of users” at “hundreds of companies” are currently protected by its cloud-based platform, including Macy’s and Fujitsu.
  • The company had previously raised a total of $45 million and with its latest cash injection said it plans to grow its sales and marketing efforts globally.

Tesla Gets Biggest Pre-order Yet For Electric Truck, From Pepsi

Tesla gets biggest pre-order yet for electric truck, from Pepsi Ethan Baron / SiliconBeat - 4 hours ago
  • The sleek electric semi-truck that Tesla CEO Elon Musk called “The Beast” and unveiled Nov.
  • The junk-food giant’s reservation is the largest yet for the Tesla, which has at least 285 pre-orders, Reuters reported Dec.
  • The news came out before markets opened and sent the Palo Alto electric car maker’s stock price spiking nearly 4 percent to close at $341.03 on Nov.
  • Walmart has said it pre-ordered 15 electric trucks and J.B Hunt trucking has said it’s reserved  ‘multiple’ semis.

Uber’s Latest Honest Mistake? Charging $14,000 For A $20 Ride

Uber’s latest honest mistake? Charging $14,000 for a $20 rideChris Smith / BGR - 8 hours ago
  • Imagine going about your day, calling an Uber for a short $20 ride only to discover that you’ve been charged more than $14,000.Yes, this is one of Uber’s latest honest mistakes.
  • The whole thing happened in Canada, where a user was charged CAD$18,518.50, which is about $14,418.69 for a 21-minute ride that should have cost around $20.
  • Well, obviously, the safeguards do not work if these things keep happening, and if corrections aren’t instantaneous.
  • Furthermore, similar mistakes have happened in the past, Buseness Insider reminds us.

Facebook Is Trying To Make The Poke Happen Again

Facebook is trying to make the Poke happen againSarah Perez / TechCrunch - 23 hours ago
  • Facebook’s “Poke” feature has never really gone away, but now the social network is giving it a more prominent placement – and is even considering expanding the set of casual greeting options to include others, like a wink, wave, high-five or hug.
  • Though Facebook had never really discontinued the age-old feature, which serves as a quick way to get someone’s attention on its network, it has now given the Poke a highly visible spot.
  • At the top of users’ profiles on mobile, the Poke button sits next to a Message button, and right below your friend’s name and photo.
  • “When we created the poke, we thought it would be cool to have a feature without any specific purpose,” Facebook had explained in the past.

Amazon Web Services Opens Second Region In China

Amazon Web Services opens second region in ChinaBlair Hanley Frank / VentureBeat - 1 day ago
  • Amazon Web Services announced the general availability of its second Chinese cloud region today, providing customers with another environment.
  • China is a rapidly growing market for technology services, and this new region could help AWS capitalize on that.
  • The news comes about a month after AWS had to sell hardware in its Beijing datacenters to Sinnet, as part of the company’s response to new regulations from the Chinese government.
  • At the same time, the special arrangements required for AWS cloud regions to operate in China show how that country differs from the other markets around the globe where cloud providers operate.

Soylent Co-founder Rob Rhinehart Steps Down As CEO

Soylent co-founder Rob Rhinehart steps down as CEOCatherine Shu / TechCrunch - 1 day ago
  • After an eventful (and sometimes challenging) year for Soylent, co-founder Rob Rhinehart announced today that he will resign as the meal replacement shake company’s chief executive officer.
  • In his post, Rhinehart said that since Soylent is no longer in the early startup stage, he “decided to pass the reins to a new CEO with more management and industry experience.” Crowley joined Rosa Foods in June after twenty years working in the food industry, most recently as chief strategy officer at kombucha maker KeVita, which was acquired by PepsiCo in December 2016.
  • Rhinehart, who will continue as Soylent’s executive chairman and largest shareholder, added that Crowley “has been Soylent’s president for the better part of a year and has already had an untold positive impact improving our distribution, marketing, supply chain, product and organization—all the things a good CEO should do.
  • Soylent has raised about $74.5 million in funding, including a $50 million Series B round led by GV that closed earlier this year.

Kubernetes 1.9 Release Brings Greater Stability And Storage Features

Kubernetes 1.9 release brings greater stability and storage featuresMike Wheatley / SiliconANGLE - 1 day ago
  • The Kubernetes developer community is capping off a successful year with the release of Kubernetes 1.9, adding important new features that should help to further encourage enterprise adoption.
  • Kubernetes is the most popular container orchestrator management software.
  • With the new release, the fourth this year, the community said it’s moving the Apps Workloads application programming interface into general availability.
  • There’s also big news on the storage front with the arrival of an alpha implementation of the Container Storage Interface.

Electric Vehicle Demand Leads To Jump In Number Of Lithium-ion Battery Factories

Electric vehicle demand leads to jump in number of lithium-ion battery factories CNBC - 1 day ago
  • The number of planned lithium-ion battery factories around the world is skyrocketing, according to a report from Benchmark Mineral Intelligence.
  • There are 26 battery "megafactories" that are either in production and due to expand capacity or new operations due to be in production by 2021, Benchmark said in a blog post on Monday.
  • Compare that with just three such plants planned or in production in 2014.
  • It is important to note that not all of these planned factories could end up opening for production.

A New Google Maps Feature Will Make Sure You Never Miss Your Bus Or Train Stop

A new Google Maps feature will make sure you never miss your bus or train stopJacob Siegal / BGR - 1 day ago
  • As any recent transplant to New York City can tell you, smartphone apps are vital for finding your way around the city until you get a hang of the subway system.
  • According to TechCrunch, Google will soon add real-time updates for public transit journeys on Google Maps.
  • In order to activate these updates, users will search for transit directions like usual, but then hit a “start” button at the bottom of the screen.
  • Google’s public transit directions have always been satisfactory, but the only way to keep track of your trip at the moment is to have the app open and follow along diligently.

Tempered Networks Raises Another $7M For ‘identity-defined Networking’ Cybersecurity Software – GeekWire

Taylor Soper / GeekWire - 1 day ago
  • Tempered Networks has raised another $7 million to help protect companies from cyberattacks with its “identity-defined networking” technology.
  • Jeff Hussey, the company’s co-founder and CEO who formerly helped start F5 Networks, said the fresh cash will be used for “general corporate purposes.” Investors in the round include Ignition Partners; Ridge Ventures; Rally Capital; and Fluid Capital.
  • Founded in 2014, Tempered Networks originally focused on IoT security, but today its flagship product is networking infrastructure software that also acts as a layer of security.
  • Tempered Networks sells its technology in industrial sectors such as oil & gas, utilities and manufacturing.

Newly Discovered Russian Hacking Group Steals $10M+ From Banks

Newly discovered Russian hacking group steals $10M+ from banksDuncan Riley / SiliconANGLE - 1 day ago
  • A newly discovered Russian hacking group is said to have stolen at least $10 million from banks in the United States, United Kingdom and Russia according to a newly published report.
  • The claim comes from Moscow-based cybersecurity firm Group-IB, who says the group, dubbed “MoneyTaker,” has stolen funds from 20 companies with 16 of the attacks targeting U.S organizations, three attacks on Russian banks and one bank in the U.K.
  • Of the organizations targeted in the U.S., the groups first attack involved a bank utilizing First Data Corp.’s “STAR” card processing system used by automatic teller machines.
  • Attributing the various hacks to MoneyTakers is claimed to have been difficult given to the different methods they have so far used to steal money.

NFL Live Games Will Be Available On Any Mobile Carrier In 2018

NFL live games will be available on any mobile carrier in 2018Brittany A. Roston / SlashGear - 1 day ago
  • Verizon subscribers have long had the perk of live NFL mobile game streaming, but that will change next year.
  • Overall, mobile customers will get access to national games, in-market games, regular season, pre-season, and playoff games, plus the Super Bowl, with everything starting next month when the playoffs arrive.
  • Verizon will also be working with NFL teams on Smart Stadium tech, which the carrier says will “improve stadium operations,” though no other details on that were provided.
  • The NFL is a great partner for us and we are excited to take its premier content across a massive mobile scale so viewers can enjoy live football and other original NFL content where and how they want it.

Inflect Raises $3 Million Seed Round, Led By Internet Infrastructure Industry Veterans

Business Wire / VentureBeat - 1 day ago
  • A cross-section of experts who understand the challenges of buying and selling internet infrastructure globally have signed on as investors in the seed round for San Francisco-based Inflect.
  • The $3 million Series Seed round includes both sides of the industry: internet startup veterans with first-hand knowledge of the challenges faced when searching for and buying internet infrastructure globally, as well as the service providers who struggle to reach buyers directly.

Apple Now Allows All Developers To Offer App Pre-orders On App Store

Apple now allows all developers to offer app pre-orders on App StoreMikey Campbell / AppleInsider - 1 day ago
  • After experimenting with app pre-orders like Super Mario Run last year, Apple is opening the App Store functionality to all comers, a major shift in how the online storefront operates.

N26 Partners With Younited Credit To Launch Credit Offering In France

N26 partners with Younited Credit to launch credit offering in FranceRomain Dillet / TechCrunch - 1 day ago
  • German startup N26 is now live in 17 European countries, but many features first launched in Germany and never made their way to other markets.
  • A bit later, the app will give you a clear quote telling you how much money you’re borrowing, how much you’ll end up paying in total, the effective or nominal interest rate and your monthly payments.
  • You can also adjust your credit line by adjusting the length of the repayment process or the amount you’re willing to pay back every month.
  • If you’re not familiar with Younited Credit, the company is a leading crowdlending platform in Europe.

Nextdoor Raised About $75 Million To Connect Neighbors

Nextdoor raised about $75 million to connect neighborsKatie Roof / TechCrunch - 1 day ago

Fired Visa Innovation Chief Had History Of Affairs With Subordinates

Fired Visa innovation chief had history of affairs with subordinatesJason Del Rey / ReCode - 1 day ago
  • Years before top Visa exec Jim McCarthy was fired for “violating Visa policy,” he had affairs with two women at the company who worked for him in his division, four people with knowledge of the relationships told Recode.
  • At least one of the women reported directly to McCarthy, while another worked in his department, although it’s not clear if the second woman also reported to him.
  • The affairs took place in the early years of this decade while McCarthy was married, sources said.
  • Neither woman replied to multiple requests for comment from Recode over the last week.

Geelong, The Restart Capital Of Australia

Geelong, the restart capital of Australia Chris Ward / The Next Web - 1 day ago
  • When I was last living in Melbourne, the startup scene was still in its nascent stages.
  • Our first stop was to StartupCloud, a small coworking space above retail outlets in Geelong’s shopping area.
  • There are a handful of other coworking spaces in Geelong, with most used by freelancers and small business owners rather than startup teams.
  • Later in the afternoon, I visited the Makers Hub project of Creative Geelong, an organization that aims to have a positive impact on the future of the city by helping projects that increase creative industries.

Net Neutrality Repeal Based On False Description Of Internet, Inventors Say

Net neutrality repeal based on false description of Internet, inventors sayJon Brodkin / Ars Technica - 1 day ago
  • The Federal Communications Commission's net neutrality repeal "is based on a flawed and factually inaccurate understanding of Internet technology," a group of inventors and technologists told members of Congress and the FCC in a letter today.
  • The letter's 21 signers include Internet Protocol co-inventor Vint Cerf; World Wide Web inventor Tim Berners-Lee; Apple co-founder Steve Wozniak, public-key cryptography inventors Whitfield Diffie and Martin Hellman; RSA public-key encryption algorithm co-inventor Ronald Rivest; Paul Vixie, who designed several widely used Domain Name System (DNS) protocol extensions and applications; and security expert and professor Susan Landau, who has fought against government attempts to make phone encryption less secure.
  • The letter calls for a delay of this Thursday's FCC vote to deregulate broadband service and eliminate net neutrality rules.
  • It is important to understand that the FCC's proposed Order is based on a flawed and factually inaccurate understanding of Internet technology.

Microsoft Releases A Development Toolkit For Quantum Computers

Microsoft releases a development toolkit for quantum computersMaria Deutscher / SiliconANGLE - 1 day ago
  • Microsoft Corp.’s efforts to engage the developer community have taken a decidedly futuristic turn.
  • The company this morning released a software bundle called the Quantum Development Kit that can be used to build applications for quantum computers.
  • Quantum computing holds the promise of enabling researchers to tackle complex scientific problems far too difficult for current hardware.
  • For simplicity’s sake, these states can be regarded as a sort of basic unit of computation.