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Sep26, 2017

Cryptocurrency mining program Coinhive sparks controversy

Coinhive, a Javascript application that uses website visitors’ computing power to mine cryptocurrency, launched on September 14. Since, the program has generated controversy, as website owners and hackers alike insert it into a number of high-profile websites. Coinhive markets itself…
Sep22, 2017

Silicon Valley startup Aeva aims to give driverless cars better vision

In January, with funding from Lux Capital and other venture capital firms, two former members of Apple’s Special Projects Group, Soroush Salehian and Mina Rezk, started Aeva. The company aims to improve the ability of self-driving cars to see their…
Sep14, 2017

High-tech retail startup Bodega raises $2.5 million in funding round

Bodega, a San Francisco-based startup that operates fully-automated kiosks roughly the size of vending machines, introduced itself to the world Wednesday. The company has raised $2.5 million in a funding round led by venture capital firms Homebrew and First Round…
Sep07, 2017

Deere & Co. to acquire Blue River Technology for $305 million

Deere & Co. announced Wednesday that it has signed a “definitive agreement” to acquire Blue River Technology, an agriculture technology company, in a $305 million deal, TechCrunch reports. The deal will likely be finalized next month. Blue River specializes in…
Sep05, 2017

Carpooling service Via closes investment round, plans U.S. and oversea expansion

Carpooling service Via just completed a funding round, the proceeds of which the company intends to use to expand its service in the U.S. and to establish a presence in Europe, TechCrunch reports. Via will begin London operations in the…
Sep05, 2017

Chinese authorities crackdown on cryptocurrency ICOs

Monday, the Chinese government banned the practice of creating and selling new cryptocurrencies, Reuters reports.  With the rise of Blockchain technology, initial coin offerings (ICOs)—which give investors the opportunity to buy newly-created cryptocurrencies—have gained popularity. In total, Reuters says, ICOs…
Aug21, 2017

Prisma’s artificially-intelligent machine vision tech is on the market

The company behind the photo filter app Prisma is shifting its focus away from the app and towards selling its technology to other companies, as reported by the Verge. You know, that app that can trick you into thinking bad phone photos are paintings?…
Jul22, 2017

Lyft to Deploy Autonomous Cars by End of 2017

Ride-hailing company Lyft announced Friday that self-driving vehicles will be picking up customer  by the end of the year, Brian Fung of The Washington Post reports. The first autonomous Lyft cars will drive on the streets of Boston, but Lyft…
Jul22, 2017

Amazon Meal Kit Plans

Amazon is proceeding with its expansion plan to diversify into surrounding markets and innovate in order to establish a dominant position. In recent news, Amazon expressed its intent to redesign and push the boundaries in the prepared meal kit world…
Jul19, 2017

Nevada’s Marijuana Shortage Might End Soon

The marijuana shortage which befell Nevada’s dispensaries after they sold over $3 million worth of marijuana in the first weekend of sales will be eased by a measure passed by the state’s tax commission Thursday to increase the number of…
Jul07, 2017

Campbell Acquires Pacific Foods

In order to expand its consumer base while also shifting to adapt to the needs of its customer base, Campbell Soup announced today that it would acquire Pacific Food for $700 million. While this acquisition does expand its market, this…
Jul05, 2017

Passengers Outraged Over Paying Uber Fare

Wisconsin couple Keith and Audra Tubin will need to pay almost $900 for an Uber fare on Monday. The Tubins used Uber to ride to a music festival last week and found out afterward that they would be needing to…
Jun30, 2017

Blue Apron Goes Public With an IPO of $10/share

Blue Apron, the $1 billion dollar online food delivery startup that sells “meal kits” containing everything the customer needs to make a meal at home, opened on the New York Stock Exchange Thursday at $10 a share. The company initially…
Jun29, 2017

Alphabet Accuses Uber of Cover Up

Alphabet have accused Uber of covering up the theft of trade secrets from Alphabet. Uber drew Alphabets attention after it acquired the self-driving startup Otto, a business founded by Anthony Levandowski, who previously led Alphabet’s autonomous vehicle business. Alphabet claims…
Jun22, 2017

Sit Back and Relax: Autonomous Shuttles on UM Campus

The University of Michigan will be introducing two fully autonomous vehicles to its campus to shuttle students and faculty this fall. University officials announced the pilot program at the MCity test facility for autonomous and connected cars. The goal is to…
Jun21, 2017

Uber Reaches Tipping Point

In light of recent events concerning Uber, most significant of which is Uber’s CEO, Travis Kalanick, taking a leave of absence in order to quell corporate behavior news reports, Uber has reported a series of changes that it has named…
Feb19, 2017

Spotify-Backed Music Startup Raised $22 Million For Expansion

Stockholm-based startup Soundtrack Your Brand has raised $22 million in funding for global expansion and tech build-up. The company, started by an ex-Spotify executive and a co-founder of Beats, has already seen significant growth on its aim to provide music…
Feb18, 2017

Eminem Invests in StockX

Eminem, who is also known as Slim Shady and is a Grammy award winning rapper, recently invested in a startup sneaker company called StockX. The Detroit native invested money in the startup company before now. He was one of the…
Feb08, 2017

Amazon’s Plan for a Robotic Supermarket

Some estimate that in the future Amazon could be the first to utilize the robotic technology that continues to develop over the years. Amazon’s new high-tech supermarket might possibly be operated by only three humans. Three workers is even less…
Jan14, 2017

Microsoft Acquires an A.I. Start-Up

Microsoft announced on a blog post from Friday morning that it has acquired Maluuba, a start-up based out of Toronto that focuses on using deep machine learning for natural language processing. Deep learning is the current popular approach to artificial…
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