How is this for a surprise: Microsoft today announced that it is joining the Linux Foundation as a high-paying Platinum member. “This may come as a surprise to you, but they were not big fans,” Linux Foundation executive director Jim Zemlin told me about his foundation’s history with Microsoft. The new Microsoft under CEO Satya Nadella, however, is singing a very… Read More
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Spoiler Alert has raised $2.5 million for enterprise software that helps manufacturers and farms put excess food inventory to good use, instead of tossing it out. Since it was founded in 2015, the Boston-based startup has been working with large food producers and farms, including a recent partnership with Sysco Corporation. The publicly traded juggernaut racks up about $50 billion in… Read More
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Microsoft is hosting its annual Connect(); developer event in New York today. With .NET being at the core of many of its efforts, including on the open-source side, it’s no surprise that the event also featured a few .NET-centric announcements, as well. For the most part, these center around the .NET Foundation, the open-source organization Microsoft established to guide the future… Read More
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After taking the top spot at Disrupt San Francisco’s Startup Battlefield, Mobalytics has been hard at work preparing to roll out their analytics-driven competitive gaming coach to more and more of the nearly 20,000 users who have signed up for early access. In the six weeks since Disrupt SF, the company has been raising capital so they can recruit more talent and expand their… Read More
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Refrigeration and air conditioning used to require vapor compressors, chemicals like Freon, fans, water chillers or passive heat sinks. But a North Carolina company called Phononic has developed solid-state refrigeration technology instead.
Phononic, which employs about 110 full-time today, just raised an additional $40 million in equity funding to rapidly expand manufacturing of its… Read More
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For people who feel that we are a little bit too connected these days, Kickstarter project Light Phone was promising a respite. It was scheduled to ship in May this year, but has seen a number of setbacks. This week, the company issued a statement. It says that while it missed its goal, it hopes to start shipping later this month. Read More
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Comedy site Funny or Die has sold a minority stake to AMC Networks. The deal is intended to strengthen the ties between Funny or Die and AMC’s IFC channel, according to The Hollywood Reporter, with IFC President Jennifer Caserta joining the site’s board of directors. (Funny or Die already produced the IFC series The Spoils of Babylon and the upcoming series Brockmire.) Funny or… Read More
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A startup that originally launched as an AI-powered virtual assistant, Mezi, has pivoted to focus on travel only. And why not? There’s little to do online that’s more annoying than booking flights, hotels and everything else you need just to take a break, or be somewhere for work. Mezi’s newly designed app allows users to find and book flights and hotels and make… Read More
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Snapchat appears to be moving forward in its plans to go public early next year with the company filing confidentially for its IPO, according to a report from Reuters. In recent years, companies have begun filing confidentially for their initial public offerings well ahead of revealing their financial guts in the formal IPO process. That gives a time window between the SEC getting the… Read More
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Microsoft has offered concessions to EC competition regulators in the hopes of smoothing the way for its planned acquisition of LinkedIn. It announced the $26.2 billion deal this June.