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Sources: self-driving car startup Zoox closes $200M round at a $1B valuation (Business Insider)

7 hours 21 sec ago

Business Insider:
Sources: self-driving car startup Zoox closes $200M round at a $1B valuation  —  Zoox, the super-stealth self-driving-car startup, has closed a $200 million round of funding, according to a source familiar with its fundraising plans.  —  In an SEC filing on June 6, the startup said that it had raised over $100 million in equity.

Categories: Technology

New Facebook feature will allow US users to create fundraisers for nonprofits, available to some users Thursday, rolling out to all in coming weeks (Queenie Wong/Mercury News)

Thu, 06/30/2016 - 11:15pm

Queenie Wong / Mercury News:
New Facebook feature will allow US users to create fundraisers for nonprofits, available to some users Thursday, rolling out to all in coming weeks  —  MENLO PARK — Looking to strike an emotional chord with potential donors, some nonprofits are turning to Facebook users to help them raise money for worthy causes.

Categories: Technology

Jury awards HP Enterprise $3B in damages from Oracle over 2011 Itanium case; Oracle to appeal (Don Clark/Wall Street Journal)

Thu, 06/30/2016 - 10:15pm

Don Clark / Wall Street Journal:
Jury awards HP Enterprise $3B in damages from Oracle over 2011 Itanium case; Oracle to appeal  —  Legal case focused on fate of ‘Itanium’ systems  —  A jury in Silicon Valley on Thursday delivered a resounding victory to Hewlett Packard Enterprise Co. , finding that Oracle Corp. should pay …

Categories: Technology

Brazilian judge freezes $6.07M in Facebook bank account after WhatsApp fails to turn over messages in drug case (Jeb Blount/Reuters)

Thu, 06/30/2016 - 9:10pm

Jeb Blount / Reuters:
Brazilian judge freezes $6.07M in Facebook bank account after WhatsApp fails to turn over messages in drug case  —  A court in Brazil on Thursday blocked 19.5 million reais ($6.07 million) in Facebook Inc funds after the U.S-based social networking company's WhatsApp messaging service failed …

Categories: Technology

Zenefits cuts its valuation from $4.5B to $2B, will let Series C investors increase stake from 11% to 25% (Dan Primack/Fortune)

Thu, 06/30/2016 - 7:30pm

Dan Primack / Fortune:
Zenefits cuts its valuation from $4.5B to $2B, will let Series C investors increase stake from 11% to 25%  —  Zenefits, the HR software startup that has accused its founder and former CEO of regulatory impropriety, is slashing its valuation to $2 billion from $4.5 billion.

Categories: Technology

Sources: Apple in exploratory talks to acquire Tidal, Jay Z's streaming music service; Tidal held similar talks with Rhapsody last year (Wall Street Journal)

Thu, 06/30/2016 - 6:27pm

Wall Street Journal:
Sources: Apple in exploratory talks to acquire Tidal, Jay Z's streaming music service; Tidal held similar talks with Rhapsody last year  —  Sources say talks are ongoing and may not result in a deal  —  Apple Inc. is in exploratory talks to acquire Tidal, a streaming-music service run by rap mogul Jay Z …

Categories: Technology

Facebook is shutting down its Paper newsreading app on July 29th (Casey Newton/The Verge)

Thu, 06/30/2016 - 4:05pm

Casey Newton / The Verge:
Facebook is shutting down its Paper newsreading app on July 29th  —  Facebook is shutting down Paper, a bold reimagining of the company's flagship app for iOS that impressed critics but failed to attract a large audience, the company said today.  The app transformed the core Facebook experience …

Categories: Technology

Kaspersky: Android customers infected with mobile ransomware hit 136K in April 2016, nearly quadrupling from March 2015 (Michael Kan/PCWorld)

Thu, 06/30/2016 - 3:10pm

Michael Kan / PCWorld:
Kaspersky: Android customers infected with mobile ransomware hit 136K in April 2016, nearly quadrupling from March 2015  —  Kaspersky Lab has detected a spike among its own Android users  —  The number of users infected with mobile ransomware is skyrocketing, as hackers try to expand the number of potential victims they can target.

Categories: Technology

Dell discontinues its Android-based Venue tablet line, citing over-saturated market, won't offer OS upgrades to existing Venue tablets (Agam Shah/PCWorld)

Thu, 06/30/2016 - 3:00pm

Agam Shah / PCWorld:
Dell discontinues its Android-based Venue tablet line, citing over-saturated market, won't offer OS upgrades to existing Venue tablets  —  Dell has discontinued Venue tablets with Android, and won't be pushing out OS upgrades to current customers  —  Dell has stopped selling Android devices …

Categories: Technology

Sources: BMW, Intel, and Mobileye are working together on autonomous car technology (Bloomberg)

Thu, 06/30/2016 - 2:00pm

Bloomberg:
Sources: BMW, Intel, and Mobileye are working together on autonomous car technology  —  Intel Corp. is working with Mobileye NV to develop self-driving car technology for BMW AG, said people familiar with the matter.  —  Senior executives from each company will hold an event on Friday …

Categories: Technology

Google adds multi-stop directions to its Maps app on Android, with iOS support coming soon (Liz Davidoff/Google Lat Long)

Thu, 06/30/2016 - 12:30pm

Liz Davidoff / Google Lat Long:
Google adds multi-stop directions to its Maps app on Android, with iOS support coming soon  —  The weather's heating up, kids are out of school, and that means only one thing: summer's officially here.  Summer brings weekend road trips, faraway escapes and all kinds of getaways in between.

Categories: Technology

After outcry, Microsoft will change its Windows 10 update prompt to make it easier to decline the update (Mary Jo Foley/ZDNet)

Thu, 06/30/2016 - 12:25pm

Mary Jo Foley / ZDNet:
After outcry, Microsoft will change its Windows 10 update prompt to make it easier to decline the update  —  Microsoft is changing the wording of its ‘Get Windows 10’ update prompt to make cancelling the free update easier and clearer.  —  Microsoft plans to change the Windows 10 update prompt …

Categories: Technology

Google reveals Android N will be named Nougat (Kwame Opam/The Verge)

Thu, 06/30/2016 - 12:15pm

Kwame Opam / The Verge:
Google reveals Android N will be named Nougat  —  Google announced on Snapchat today that Android N, the latest version of Android, will now go by Android Nougat.  The announcement comes after the company said at I/O last month that users could submit suggestions for the name online.

Categories: Technology