Two Rallies

microsoft-earnings Today Apple topped the $700 billion value market cap threshold during regular trading, a remarkable achievement. The company’s shares have since slipped some, but it’s impossible to deny the technology giant’s massive rally. Apple, a company that was once small enough to be dismissed whole-cloth is now not only the world’s most valuable technology company, it’s… Read More

Google’s DeepMind Acqui-Hires Two AI Teams In The UK, Partners With Oxford

oxford Earlier this year Google acquired DeepMind in the UK to expand the work that it is doing in artificial intelligence, and today the company announced that it is making some more significant moves to build this out even further. It is acqui-hiring the two academic teams of founders, seven people in all, behind Dark Blue Labs and Vision Factory, two deep learning startups based in the UK, and… Read More

Google Acquires Firebase To Help Developers Build Better Real-Time Apps

Screen Shot 2014-10-21 at 9.39.32 AM Google today announced that it has acquired Firebase, a backend service that helps developers build realtime apps for iOS, Android and the web that can store and sync data instantly. Firebase currently has almost 110,000 registered developers on its platform and the Firebase team says that the service will continue to work as before and remain platform-agnostic. Read More

Magic Leap Secures $542M Led By Google For “Lightweight Wearable” Tech That Merges Physical And Digital Worlds

magic-leap It’s rare that a company can stay relatively secretive while raising a huge amount of funding, but Florida’s Magic Leap has managed that. The startup, led by CEO Rony Abovitz, announced today the close of its $542 million Series B, featuring investors led by Google, Inc., and including KPCB, Andreessen Horowitz, Obvious Ventures, Qualcomm and Legendary Entertainment. The list of… Read More

Google And Microsoft Battle For Market Cap Supremacy

microsoft-earnings Update: Microsoft pulled it off, and at the time of writing (2:45 pm London, 9:45 am New York), Microsoft is worth more than Google. We’ll check back in at the end of the day: – Google and Microsoft are currently locked in a dogfight to be the second-most valuable technology company in the world. Following Google’s less-than-awesome earnings report, combined with a… Read More

Tech Stocks Show Weakness Amid Uncertain Global Economy

2067062407_c0ebf2204e_o Tech stocks fell sharply on Friday, setting a somber mood for the industry this weekend. The carnage was widespread, with giants taking a stumble — Microsoft, -3.97%; Google, 2.92%; Facebook, -3.95%; LinkedIn, -3.84%; Yahoo, -3.65%; and Alibaba, -3.28% — and newcomers joining in the general mayhem. MobileIron fell 6.92%. ZenDesk was off 8.06%. GoPro dropped 4.63%, Twitter fell… Read More

Google Buys Songza

google-songza Google has acquired music streaming service Songza after weeks of speculation around a potential buyout. Songza uses information about the user and context to determine the best playlists for you at any given time, all of which are curated by music experts (DJs, Rolling Stones writers, etc.). Read More

Google Acquires Mobile Testing Platform Appurify, Will Keep It Open On iOS And Android

Appurify Google just announced at I/O that it has acquired Appurify, a startup that lets developers automate testing and optimization of their mobile apps and websites. Appurify will stay open as freemium cross-platform service but get a big boost in distribution as it becomes integrated into the Google developer tool stack. Read More

Google Confirms Purchase Of Satellite Startup Skybox Imaging For $500M

earth from space Google is today confirming that it has purchased Skybox Imaging, the satellite startup that we reported it was close to acquiring last month. The price is somewhat lower than we had heard it would be: $500 million rather than close to the $1 billion our sources had told us. Read More

Google Music Could Get Touchy-Feely If It Does Acquire Moody Playlist App Songza

Songza Mascot “Google Play Music All-Access”. That tongue-twisting name says a lot about how well Google understands humans. It’s also why the New York Post’s report that Google is in talks to buy contextual playlist service Songza for $15 million seems like a smart move. While Google Music has playlists, they’re generic, static, and totally unorganized. Songza lets you say… Read More
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