7957e52d44b0445e63e3959104f0455249088fe0 Injection University Tech Power

Are tech workers coming back to downtown Seattle — and does it even matter?

Nov 29, 2022

The view from atop the 2+U building in downtown Seattle where companies such as Qualtrics and Bungie still have offices. (GeekWire Photo / Taylor Soper) Sean Turner was on his phone in the lobby of a downtown Seattle hotel last year when a woman slapped his iPad off a table, then took his AirPods case. The reason: She wanted money, and Turner told her he didn’t have any. “That’s not really something you have to deal with in other cities I’ve visited,” said Turner, the co-founder a ...read more

U.S Cable TV Companies Quietly Bled Another 785,000 Paying Customers Last Quarter

Nov 29, 2022

from the couldn't-have-happened-to-a-nicer-fella dept Tue, Nov 29th 2022 05:25am - Karl Bode The “cord cutting” phenomenon the cable and broadcast sector long denied or downplayed simply shows no sign of slowing down. According to the latest data by Leichtman Research, the top U.S. pay TV companies lost another 785,000 subscribers last quarter as younger Americans continue to shift to streaming video, over the air antennas, or free services like TikTok and YouTube. While alternative p ...read more

Cyber Monday online sales hit a record $11.3B, driven by demand, not just inflation, says Adobe

Nov 29, 2022

Expectations for this year’s holiday spend online were lukewarm, but initial activity — driven by deep discounts — has bucked predictions. Cyber Monday pulled in $11.3 billion in sales online according to figures from Adobe Analytics, which tracks seasonal e-commerce activity. This is 5.8% more than consumers spent on the same day last year (when $10.7 billion was recorded in sales, a drop on 2020’s $10.8 billion), and sets a record both for the day and the year so far. The day is typic ...read more

NopeaRide, Kenya’s first EV taxi service, shuts down

Nov 29, 2022

Kenya’s first fully electric taxi service, NopeaRide, is exiting the market after its parent company EkoRent OY failed to raise additional funding to keep it afloat. NopeaRide said EkoRent Africa, the local subsidiary of the Finnish company, has filed for insolvency in Kenya, bringing to an end the operations of the all-electric vehicle taxi player, which sought to drive a shift to environmentally-friendly transport options, while stepping-up competition for early market entrants Uber a ...read more

Deepgram lands new cash to grow its enterprise voice-recognition business

Nov 29, 2022

Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. An extension of Deepgram’s Series B that kicked off in February 2021, led by Tiger Global, it brings the startup’s total raised to $86 million, which CEO Scott Stephenson says is being put toward RD in areas like emotion detection, intent recognition, summarization, topic detection, translation and re ...read more

Pearpop raises $18M at a $300M valuation to scale its social collaboration marketplace

Nov 29, 2022

Pearpop, a marketplace for social collaborations, announced today that it has raised an extension to its 2021-era Series A funding round. The company has added $18 million to its Series A, bringing its valuation to $300 million. Since its launch in October 2020, Pearpop has raised $34 million in funding. The new investment includes funding from Ashton Kutcher and Guy Oseary’s Sound Ventures and Alexis Ohanian’s Seven Seven Six. Blockchange Ventures, Avalanche’s Blizzard Fund and C2 ...read more

Despite ban, Twitter downloads surge in China amid COVID protests

Nov 29, 2022

Twitter saw a surge in downloads in China as protests against the country’s stringent COVID restrictions erupted nationwide over the last few days. The social media app ranked 9th amongst all the free iOS apps in China on November 29, up from 150th a week ago, according to app analytics firm SensorTower. Discussion about the protests, a rare act of defiance that has swept across major Chinese cities and universities since the past weekend, is closely monitored by censors and has been la ...read more

Gran Turismo creator says he is "considering and looking into" bringing the series to PC

Nov 29, 2022

In brief: While many people are still waiting for Bloodborne to become the next PlayStation-only title to loss its exclusive label, it sounds as if Gran Turismo could land on the PC first. Kazunori Yamauchi, the creator of the driving series, said he is considering and looking into a PC version of the racing series. Since its original release on the first PlayStation console in 1997, the Gran Turismo franchise has remained exclusive to Sony consoles, including the PlayStation Portable. But th ...read more

Founder factories: Alumni from 344 European and Israeli unicorns have birthed 1,018 startups since 2008

Nov 29, 2022

A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago. The report, titled Europe and Israel’s Startup Founder Factories , was produced by VC firm Accel with heavy support from startup and VC data platform Dealroom. It reveals that of the 344 VC-backed unicorns since 2008, nearly two-thirds (203) have led to at least one startup being founded by former employees, with 1,018 tec ...read more

Locus raises another $117M for its warehouse robots

Nov 29, 2022

The last few years have been a major accelerator for the robotics industry at large, but warehouse robotics may be the biggest winner of all. Stay at home orders fueled adoption in the early days of the pandemic, as some retailers stayed open after being labeled “essential businesses.” Even after things began reopening, those roles have remained difficult to fill, leading many firms to look toward robotic help. All the while, Amazon has had a jump on most of the industry, dating back ...read more