The Xbox One on the left with the Xbox Series X and S on the right. Microsoft announced at a court visit this week that it didn’t and never made any money on unit sales for the Xbox. Every console is sold at a loss, and the profit from the project for Microsoft comes entirely … Read more
As expected, Bill.com buys Divvy, the Utah-based corporate spend management startup that competes with Brex, Ramp, and Airbase. The total purchase price of roughly $ 2.5 billion is well above the roughly $ 1.6 billion value after the cash that Divvy committed during its $ 165 million funding round in January 2021. Divvy’s growth rate … Read more
YouTube TV subscribers now have a new platform available: PlayStation 5. The console has been tacitly added to Google’s support website for the service. This was first discovered by Android Police. The addition comes as Google and Roku are in the middle of a very public spit on YouTube TV. Roku said Google was calling … Read more
Jesse Salk, CEO and Co-Founder of TwinStrand Biosciences. (TwinStrand photo) New financing: Gene sequencing startup TwinStrand Biosciences raised $ 50 million in a Series B round led by Section 32, a California-based fund focused on biotechnology, technology, healthcare and life sciences. All venture capital funding for the 6-year-old company is now north of $ 70 … Read more
While insurers continue to be bothered by startups like Lemonade, Alan, Clearcover, Pie, and many others who are using technology to rethink how a business can be built to help people and businesses manage risk with some financial security To mitigate, fraud is a problem that has not gone away. Today a startup from France … Read more
After some Google employees volunteered to return to the company’s offices last month, CEO Sundar Pichai says the tech giant will be introducing a new hybrid work week. In an extension of a pilot project that started in December, most employees will be out of the office for about three days and the other two … Read more
Blue Origin’s New Shepard Crew capsule is designed to send up to six people to the edge of space and back. (Blue Origin Photoillustration) You had to know that the first vacant space on a spacecraft built by Jeff Bezos’ Blue Origin space company, founder of Amazon, would be sold online – but a charity … Read more
Bitso, a regulated crypto exchange in Latin America, announced today that it has raised $ 250 million in a Series C funding round that valued the company at $ 2.2 billion. Tiger Global and Coatue jointly led the round, which also included the participation of Paradigm, BOND & Valor Capital Group and existing supporters QED, … Read more
This week’s TV roster includes the second season of ‘Mythic Quest’ and the release of ‘Resident Evil Village’.
Everyone needed a new computer in 2020, and for a lot of people that ended up being a Chromebook. (Canalys map; click to enlarge) Despite manufacturing bottlenecks, the global PC market grew for the fourth straight quarter. New system shipments rose 53.1% year over year to 122.1 million units in the first quarter, and Google’s … Read more