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Startups Weekly: Understanding Uber’s latest fintech play

Startups Weekly: Understanding Uber’s latest fintech play Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about how SoftBank is screwing up. Before that, I […]

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Source: Nike has picked up Russell Wilson’s Tally/TraceMe in a rare acquisition

Source: Nike has picked up Russell Wilson’s Tally/TraceMe in a rare acquisition Nike has long been synonymous with premium sneakers and other sports gear, but now it seems that the company could be extending its brand into another area — digital media — thanks to the rumored acquisition of a Seattle-based startup. […]

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Bill McDermott steps down as SAP’s CEO

Bill McDermott steps down as SAP’s CEO SAP today announced that Bill McDermott, its CEO for the last nine years, is stepping down immediately. The company says he decided not to renew his contract. SAP Executive Board members Jennifer Morgan and Christian Klein have been appointed co-CEOs. McDermott, who started his business […]

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Uber commits $200 million to Uber Freight expansion in bet on trucking and Chicago

Uber commits 0 million to Uber Freight expansion in bet on trucking and Chicago Uber Freight is establishing its headquarters in Chicago as part of Uber’s broader plan to invest more than $200 million annually in the region, including hiring hundreds of workers. Uber said Monday it will hire 2,000 new employees […]

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Looking to become the meme-based social network of the gaming world Medal.tv raises $9 million

Looking to become the meme-based social network of the gaming world Medal.tv raises million When Medal.tv first launched on the scene, the company was an upstart trying to be the social network for the gaming generation. Since its debut in February, the clipping and messaging service for gamers has amassed 5 million […]

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Police hijack a botnet and remotely kill 850,000 malware infections

Police hijack a botnet and remotely kill 850,000 malware infections In a rare feat, French police have hijacked and neutralized a massive cryptocurrency mining botnet controlling close to a million infected computers. The notorious Retadup malware infects computers and starts mining cryptocurrency by sapping power from a computer’s processor. Although the malware […]

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Ikea doubles down on smart home tech with new business unit

Ikea doubles down on smart home tech with new business unit Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business unit. The company’s smart home endeavors began […]

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Adobe’s Amit Ahuja will be talking customer experience at TechCrunch Sessions: Enterprise

Adobe’s Amit Ahuja will be talking customer experience at TechCrunch Sessions: Enterprise As companies collect increasingly large amounts of data about customers, the end game is about improving the customer experience. It’s a term we’re hearing a lot of these days, and we are going to be discussing that very topic with […]

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Capital One’s breach was inevitable, because we did nothing after Equifax

Capital One’s breach was inevitable, because we did nothing after Equifax Another day, another massive data breach. This time it’s the financial giant and credit card issuer Capital One, which revealed on Monday a credit file breach affecting 100 million Americans and 6 million Canadians. Consumers and small businesses affected are those […]

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Norrsken opens East Africa startup fund and hub in Kigali

Norrsken opens East Africa startup fund and hub in Kigali Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation—a coworking space and investment fund based in Stockholm—opened its tech fund and entrepreneurship hub in Rwanda today to support ventures across the region. Norrsken’s Kigali center is […]

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