Bill Gates is heading a new venture fund called Breakthrough Energy Ventures. The Microsoft co-founder aims to cut greenhouse gas emissions through financing clean energy startups and technology.
The philanthropist and businessman is the richest man in the world.
Breakthrough Energy Ventures includes almost two dozen billionaires who will invest up to $1 billion to the fund. Jack Ma, Jeff Bezos,...
Ride-hailing service, Uber, has purchased Geometric Intelligence, a two-year-old startup in a strategic move to bolster the company’s artificial intelligence capabilities. Details of the acquisition remain unclear, but Uber will move all 15 of the startup’s staff from New York to San Francisco.
The company will form Uber AI Labs.
Uber AI Labs will work on making the company’s self-driving fleet...
A Milan-London startup, Euklid, plans to move the company’s operations to London to benefit from the city’s ecosystem. The company operates as an independent financial adviser online, joining the robust world of fintech startups.
The company, founded in 2015, developed an algorithm that accurately predicts bitcoin fluctuations to maximize investments in crypto-currency. The company’s technology utilizes machine learning with transparency...
AT&T is pushing the limits of net neutrality as we speak. The “monopoly” of the cable and Internet industry has been apparent for years. Consumers have few options available to them, especially in small rural towns where only one or two major providers exist.
The industry is powerful, too. Google’s expansion of its Internet service hit hurdles along the way...
Pepo, a social messaging app aimed at groups, raised $2.35 million in seed funding. The company, founded by Jason Goldberg, raised the cash through previous backers of his prior ventures. Goldberg, a serial entrepreneur, started several other startups, including Fab.com, Fabulis and Jobster.
Pepo is Goldberg’s new project that allows groups to post, read and interact with personalized content based...
Amazon is on a mission to be everywhere the consumer is. The e-tail giant owns 41.2% of the e-commerce market share, according to Slice Intelligence. To put that into perspective, Best Buy and Nordstrom are second in line with 2.7% market share.
Now, Amazon is hoping to be your go-to brick and mortar store for all your daily essentials. Yes,...
Tyson Foods Inc. has announced the formation of a $150 million venture capital fund to help food and agriculture startups. The fund will invest in startups that work to solve problems in the food production industry. Startups that work with food waste and safety, distribution, production and nutrition are the key companies the fund is seeking.
The fund’s investments won’t...
Volkswagen’s Moia is a new mobility-service division startup that the company hopes will take on the likes of ride-hailing service, Uber. The German carmaker is struggling to salvage the company’s offerings following the diesel-emissions scandal.
Moia will offer electric cars, autonomous driving and ride-hailing.
The startup will focus on car-sharing and ride-hailing initially. The company will offer services in two European...
Scientists at Oxford University trialed a new app that uses facial recognition to offer food recommendations to boost a person’s spirits. The app is a collaboration between Oxford University scientists and JustEat, a food delivery service.
The app detects six different emotions and matches the emotion with a menu to lift a person’s mood.
“Mood mapping” technology is used to match...
Catholics have a new way to find confessionals to confess their sins. A new app called “Sindr” has launched in Scotland to boost Confessions and mass attendance. The app includes interactives maps with the closest churches so that users can go and confess their sin.
Users can scroll through parishes in their area much like they can do on Tinder,...
