Security firm Avast has today confirmed the completion of a $1.4 billion acquisition of fellow Czech-based antivirus company AVG. The deal will see Avast’s customer base nearly double — swelling from 230 million to more than 400 million in total, 160M of whom are mobile users. Read More
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Shazam, the mobile and desktop app that acts as a digital ear and song identifier, crossed the 1 billion download mark recently, according to a report from Billboard on Thursday. The London-based company, Shazam Entertainment Ltd., also announced that it has achieved profitability, at long last, thanks to a new focus on advertising sales, alongside revenue from commissions on digital…
As we inch closer to a time when we may rely on truly autonomous devices to move us or do things on our behalf, the need for software that’s able to think on its feet (or mid-air) will be essential. Now, an artificial intelligence startup working on this emerging area of machine learning has raised a seed round of funding to try to do just that. Cambridge, UK-based Prowler.io, which…
SoundCloud as a company is a disaster, but its the only streaming service with the DJ sets and remixes kids love. So it makes perfect sense that Spotify is in advanced talks to acquire SoundCloud, the Financial Times reports. Spotify already declined to buy it twice over the past year and a half, but talks broke down over pricing. But since then, SoundCloud has hammered out deals with the…
If Nathan’s Hot Dog Eating Contest had a big data eating contest brother, IBM would be a serious contender for first place. Today the tech stalwart announced that it had come to an agreement to acquire Promontory Financial Group. To make sense of this deal, you have to avoid relegating Promontory into the small box of financial services. Instead, it’s most practical to think…
MightyTV, an app that helps you figure out what to watch next, is now available on Android.
A startup called Dozr Inc. has raised CAN $2.5 million (or $1.9 million USD) in seed funding to help contractors rent heavy industrial equipment from other construction professionals who have it, but aren’t using it. Based in Kitchener, Ontario Dozr’s marketplace lets builders rent equipment, like excavators, skidsteers or one day drones and industrial robotics, either alone, or with…
Joining celebrity investors like Snoop Dogg, Ashton Kutcher, and Justin Bieber, Queen Bey is bringing her supreme business skills to the tech world. Beyoncé and the management company she started called Parkwood Entertainment have invested $150,000 into Sidestep, an app for buying concert merchandise and skipping the line to pick it up at the show. Sidestep originally started selling…
Google announced a number of updates to its cloud computing services at a small event in San Francisco this morning. These updates touch Google’s machine learning services, as well as its database and analytics services, and include an update to how it supports its users. The company’s focus today, though, was clearly on machine learning. Google launched the private alpha of…
Google announced today that its now ten-year old service Google Apps for Work (formerly Google Apps for Your Domain), is getting rebranded yet again. This time around, the company will call it “G Suite.” Sounds more hip, right? Alongside the news, Google also noted a handful of upgrades and improvements in G Suite’s existing product lineup, which includes apps like Drive,…