Congressional testimony reveals some faults in Facebook’s digital currency plans

As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of the Congressional aisle. In the second of what’s sure to be many (many many many) […]

This new autonomous startup has designed its delivery robot to conquer winter

Refraction, a new autonomous delivery robot company that came out of stealth Wednesday at TC Sessions: Mobility, sees opportunity in areas most AV startups are avoiding: regions with the worst weather. The company, founded by University of Michigan professors Matthew Johnson-Roberson and Ram Vasudevan, calls its REV-1 delivery robot the “Goldilocks of autonomous vehicles.” The […]

Which public US universities graduate the most funded founders?

Joanna Glasner Contributor More posts by this contributor Big revenues, huge valuations and major losses: charting the era of the unicorn IPO Some reassuring data for those worried unicorns are wrecking the Bay Area A lot of students attend public universities to lessen the financial burden of higher education. At last tally, tuition and fees […]

Review: The $299 Echo Link Amp adds Alexa to any speaker

The Echo Link Amp is designed to give Echo owners options. Instead of settling for the sound from a couple of Echo speakers, this amp lets owners use a set of nice bookshelf speakers. Best yet, this replaces a large receiver generally needed to power speakers. At $299, the Echo Link Amp lives in a […]

GM is smartening up its Bolt EV smartphone app

GM is sprucing up its smartphone app for owners of the all-electric Chevrolet Bolt through a collaboration with charging network companies EVgo, ChargePoint and Greenlots. The idea is to take aggregate dynamic data from each of the EV charging networks so owners can have a “more seamless charging experience.” In short: GM wants to make […]

Venture capital investment in US companies to hit $100B in 2018

So many new unicorns valued at $1 billion-plus, countless $100 million venture financings, an explosion of giant funds — it’s no surprise 2018 is shaping up to be a banner year for venture capital investment in U.S.-based companies. There are more than 2.5 months remaining in 2018 and already U.S. companies have raised $84.1 billion — more […]

May Mobility puts autonomous shuttles on the streets of Columbus, Ohio

This December a set of autonomous vehicles will start roaming the streets of Columbus, Ohio, in an effort to turn this bustling Midwestern community into the first smart city. The project, which is part of the Smart Columbus and DriveOhio initiatives, is the first step in launching a fully autonomous shuttle route in the city. […]

Hot security startup Duo Security opens office in Downtown Detroit

Duo Security is opening a new office in Downtown Detroit, expanding from its headquarters in Ann Arbor, Michigan . The company will immediately relocate 30 team members to a shared space in Bamboo Detroit in the Madison Building and by the end of the year, and plans on moving into a 9,000 square foot space […]

Review: 2018 Lincoln Navigator

Michigan saw a historic amount of snowfall in 2018. And it’s not done. It’s snowing as I write this and it snowed nearly every day since I took delivery of this burgundy 2018 Lincoln Navigator. Excuse the dirty car shown in the photos. That’s life in the Midwest: half the year it’s impossible to keep […]

Here are the top Midwestern states and cities for startups

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor Here are the top states and cities for startups in the South Where did venture capitalists go to college? The American Midwest has a long history of making stuff. During the 20th century, it was […]