Saturday December 21, 2024

The new Microsoft under Satya Nadella is still looking good on Wall Street

 Almost three years ago, Microsoft named Satya Nadella as its CEO. Since then, Microsoft has reversed its fortunes and returned to being a growth stock after stagnating for nearly a decade — and 2016 was not an exception to that. Indeed, as Microsoft continued its transition to cloud-based services and adopting multiple platforms, as well […]

How viral open-source startups can build themselves into enterprise-IT powerhouses

 Hordes of new enterprise-IT upstarts have popped up in Silicon Valley, with some drawing lofty valuations from investors. They’re driven by new, more-advanced technologies in areas such as databases, software development, networking and cloud computing. And many are taking aim at incumbents like Dell, EMC, Oracle and IBM. But will these new companies ever be […]

Coca-Cola closes Founders startup incubator

 After opening to much fanfare three years ago, Coca-Cola is shutting down The Founders program, according to a published report in Innovation Leader. Under this program, the company nurtured young startups, hoping to siphon some of that entrepreneurial energy and pass it along to the big lumbering corporation. Over the last several years, companies have recognized the need […]

Volvo integrates Skype for Business in its 90 series vehicles

 What do you do when your love of driving conflicts with your deep and abiding love of conference calls? That’s a question Volvo hopes it can finally answer, with the integration of Skype for Business directly into its 90 series cars, letting drivers see their future meetings, and join via a single button press on […]

Symphony, the messaging app backed by Wall St, is raising at a $1B+ valuation

 Symphony, a secure messaging service backed and used by 14 of the biggest banks on Wall Street, is raising up to $200 million in a new round of funding with a pre-money valuation over $1 billion, TechCrunch has learned. The funding will come from existing investors, along with a new backer, the government of Singapore via its […]

A stealthy startup called Cerebras raised around $25 million to build deep learning hardware

 Benchmark is doing another big investment before the end of the year, and this time it’s in a hardware startup called Cerebras Systems. From what we hear from sources, the round (which we heard others were participating in) is somewhere around $25 million, though it could be as high as $30 million. Details on the company are […]

Google.org donates $30 million to help nonprofits buy the tech they need

 Google.org is donating $30 million to non-profits this holiday so that they can buy any tech and related services that they need including hardware, software, training and IT maintenance or repair services. Earlier this month, reports leaked that Google had donated money earmarked for employees’ Christmas gifts to charity instead this year. It’s true that the […]

LaunchDarkly gets $8.7M to get access to the right features in front of right users

 LaunchDarkly originally launched to nail a big pain point for developers that has been a luxury at larger companies for a while — soft-launching features and new code for a small set of users seamlessly and being able to quickly roll them back. But since the company launched and last raised $2.6 million in June, […]

Personalization company Dynamic Yield raises $22M and adds Baidu as an investor

 Dynamic Yield, a company offering tools to help online businesses deliver personalized experiences, has raised $22 million in series C funding. CEO Liad Agmon told me that he started Dynamic Yield (in 2011) because even existing personalization tools tended to be “point solutions for solving tactical problems.” With Dynamic Yield, on the other hand, Agmon wanted to deliver […]

Salesforce asserted itself in 2016

 Salesforce has always liked to think of itself as an industry irritant, the company that was bucking the status quo and making the established players feel uncomfortable. But this year as the cloud mainstreamed and Salesforce took off on a $10 billion run rate, you couldn’t help but feel that after 17 years in business, […]