Workplace messaging app Slack has raised $250 million in a funding round led by the Japanese tech giant SoftBank, putting its overall valuation at $5.1 billion. SoftBank said Monday that its Vision Fund led a Series G funding round alongside Accel and other investors, topping up its existing $540 million in funding to $790 million. […]
Read moreThe price for the digital currency bitcoin continues to recover after suffering a massive drop last week. The cryptocurrency fell as low as $2,951.15 on Friday, its lowest level since early August. Bitcoin’s value lost about 14.7 percent last week. However, it has since recovered by around 32 percent and is currently trading at $3,923.13 […]
Read moreStreaming service Hulu made Emmy history on Sunday by becoming the first digital platform to win a top series award with its dystopian saga “The Handmaid’s Tale.” The Hulu series adapted from Margaret Atwood’s 1985 book won best drama, the most prestigious award of the night, and seven other awards including best drama actress for […]
Read moreWireless companies may help you buy that new iPhone after all. Way before Apple came up with its pricey nearly $1,000 iPhone X, wireless companies had already moved into the business of creating credit plans so customers could bear more of the cost of their own phones. But now that finance plan could backfire, if […]
Read moreNew augmented reality software from Apple and Google will be “huge” in taking the technology to the mainstream, a prominent tech evangelist told CNBC on Monday. “I think it’s huge because it lets developers start to learn how to build this kind of software,” Robert Scoble, a partner at Transformation Group, told CNBC on the […]
Read moreSnap has been asked by the Saudi Arabia government to remove the Al Jazeera Discover Publisher Channel in that country because it violated local laws, the social media company said on Sunday. “We make an effort to comply with local laws in the countries where we operate,” a Snapchat spokesperson said in a statement to […]
Read moreAlcohol has been mostly out of grasp for Amazon — until recently. Even with a network as vast and complex as Amazon, the logistics of shipping booze is somewhat nightmarish. Intoxicating liquor can’t be mailed in the U.S., and services like FedEx have strict requirements for delivery. Then there are individual state mandates on both […]
Read moreThere’s a war for talent in Pittsburgh’s booming autonomous car market. It started with Uber and now includes Argo AI, which is majority owned by Ford, and a start-up called Aurora Innovation. With so much hiring, it’s a good time to be at the city’s prized academic institution, Carnegie Mellon University. Andrew Moore, the dean […]
Read moreCalling the case for U.S. foreign aid “increasingly obvious” in a turbulent world, Bill and Melinda Gates issued a call to the world’s largest economy to redouble its financial commitment to needy countries. In a lengthy Wall Street Journal opinion piece published on Saturday, the philanthropist founder of Microsoft and his wife stated that “the […]
Read moreA mysterious illness has been striking people associated with the US Embassy in Cuba — and a secret sonic weapon is rumored to be the source. Over the past year, diplomats in Cuba have experienced an unusual collection of symptoms that range from hearing loss, vertigo, and nausea to concussions, CBS News reported. Yesterday, the […]
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