Tech stocks tumble as China retaliates in latest salvo of the trade war

Shares of technology companies were hit hard as China retaliated against the U.S. in the latest salvo of the ongoing trade war between the two countries. The S&P 500 Index shed roughly $1.1 trillion of value while the Dow Jones Industrial Average and the Nasdaq Composite Index fell 2.38% and 3.41%, respectively. On Monday, China […]

Prisma Labs raises $6M for its AI-powered approach to visual editing

Remember Prisma? The Moscow-based team behind the app that sparked a style transfer craze in 2016 has raised a $6 million Series A, led by early stage artificial intelligence focused VC firm, Haxus. While one of Prisma’s original co-founders left the company in the middle of last year, taking some team members with him, to […]

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Jake Bright Contributor More posts by this contributor Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Kenya’s Twiga Foods has raised $10 million from investors led by the International Finance Corporation to add processed food and fast-moving consumer goods to its product […]

Peak Theory lines up media partners and funding as Cubcoats becomes a phenomenon

With a planned cartoon series coming up, partnerships in place with Major League Baseball, NBCUniversal and other media companies of heroic proportions, the founders creating the kids clothing phenomenon, Cubcoats, are on a roll. Peak Theory, launched by longtime friends Zac Park (who’s 29) and 35-year-old Spencer Markel, is the company behind Cubcoats, a hoodie […]

Apple’s 2019 Mac Pro will be shaped by workflows

A year ago, I visited the Apple campus in Cupertino to figure out where the hell the new Mac Pro was. I joined a round-table discussion with Apple SVPs and a handful of reporters to get the skinny on what was taking so long. The answer, it turns out, was that Apple had decided to […]

GoPro to license camera lenses and sensors to third party manufacturers

GoPro is today announcing a multi-year deal with Jabil that aims to put GoPro technology in everything from police body cameras to video conferencing solutions. Through this agreement, Jabil will license GoPro’s design and intellectual property for use in approved third-party devices. This is the first time GoPro is letting other manufacturers build products with GoPro […]