Trump contracts Peter Thiel-backed startup to build his (virtual) border wall
Trump’s xenophobic dream of building a “big, beautiful wall” along the Mexico–US border has moved a step closer to (virtual) reality. The White House just struck a deal with Palmer Luckey’s Anduril Industrial to erect an AI-powered partition along the…
K4Connect, a startup bringing tech to senior living centers, closes its $21M Series B – TechCrunch
K4Connect, a startup focused on bringing new technologies like voice assistance, home automation, digital messaging and more to older adults and those living with disabilities, has closed on $21 million in Series B funding. The B round had originally…
Apple Buys Device Management Startup Fleetsmith
Apple Inc. (AAPL) has snapped up U.S. device management company Fleetsmith for an undisclosed sum. Founded in 2014, Fleetsmith’s technology helps companies manage Apple’s Macs, iPhone, and iPad devices. As such, the startup automates device setup,…
Tech Firm’s 2020 Rally Exceeds 100% With Deal for AI Startup
(Bloomberg) — Software provider Kinaxis Inc. surged to a record high as it completed a deal for Rubikloud Technologies Inc. to boost its artificial intelligence capabilities. Ottawa-based Kinaxis, whose clients include Unilever NV and Lockheed…
Lululemon set to acquire home fitness startup Mirror for $500M – TechCrunch
Lululemon today announced plans to acquire home exercise startup Mirror for $500 million. The fitness apparel company noted its plans by way of a press release, noting that it hopes to close the sale by the end of the second fiscal quarter of this year.…
Elon Musk trolls Jeff Bezos, calling him a copycat after Amazon acquires self-driving-car startup Zoox
Jeff Bezos, left, and Elon Musk. REUTERS/Joshua Roberts Tesla CEO Elon Musk called Amazon CEO Jeff Bezos a copycat on Friday after news broke of Amazon’s reported $1.2 billion acquisition of the self-driving startup Zoox. The tweet used a yellow…
Augmented Reality Startup Magic Leap Taps Microsoft Alum
(Bloomberg) — Augmented reality startup Magic Leap Inc. has hired Peggy Johnson, a Microsoft Corp. executive, to take over as chief executive officer starting next month, as the company continues to reshape itself as a provider of business…