Category: Technology Trends

The most important technology news, developments and trends.

Google plans to release a foldable Pixel in late 2021, according to leaked document

A leaked internal Google document suggests that the company has earmarked the fourth quarter of next year for the release of a foldable Google Pixel phone, 9to5Google reports. The device, codenamed “Passport,” is said to be explicitly referred to as being “foldable,” and is included alongside a list of all Pixel devices going back to Read More…

Canon also falls victim to an apparent ransomware attack

Just one week after Garmin recovered from a ransomware attack, data and systems belonging to Japanese tech firm Canon are reportedly now being held hostage. BleepingComputer reports that 10TB of company data has been stolen as Canon suffers widespread ongoing system outages. More than two dozen Canon-owned domains have been affected by the outage. Canon’s Read More…

Animal Crossing catapults Nintendo to stratospheric earnings

Nintendo has posted extraordinarily high earnings for its normally quiet April-June quarter, as Animal Crossing: New Horizons continues to be a sales juggernaut that drives Switch hardware purchases. Operating profit is up 428 percent year-on-year to 145 billion yen ($1.37 billion) off 357 billion yen ($3.39 billion) in revenue, with Switch sales up 166 percent Read More…

Krisp snags $5M A round as demand grows for its voice-isolating algorithm

Krisp’s smart noise suppression tech, which silences ambient sounds and isolates your voice for calls, arrived just in time. The company got out in front of the global shift to virtual presence, turning early niche traction has into real customers and attracting a shiny new $5 million series A funding round to expand and diversify its timely offering. We first met Krisp back in 2018 when it emerged from UC Berkeley’s Skydeck accelerator. The company was an early one in the big surge of AI startups, but with a straightforward use case and obviously effective tech it was hard to

The story behind Rent the Runway’s first check

When Rent the Runway co-founders Jennifer Fleiss and Jennifer Hyman got their first term sheet, it had an exploding clause in it: If they didn’t sign the offer in 24 hours, they would lose the deal. The co-founders, then students at Harvard Business School, were ready to commit, but their lawyer advised them to pause and attend the meetings they had previously set up with other investors. Twelve years later, Rent the Runway has raised $380 million in venture capital equity funding from top investors like Alibaba’s Jack Ma, Temasek, Fidelity, Highland Capital Partners and T. Rowe Capital. Fleiss gave

Go public now while software valuations make no sense

BigCommerce and the big WTF of today’s market prices Alex Wilhelm 7 hours Software valuations are bonkers, which means it’s a great time to go public. Asana, Monday.com, Wrike and every other gosh darn software company that is putting it off, pay attention. Heck, even service-y Palantir could excel in this market. Let me explain. Over the past few weeks, TechCrunch has tracked the filing, first pricing, rejiggered pricing range, and, today, the first day of trading for BigCommerce, a Texas-based e-commerce company. You can think of it as a comp with Shopify to a

Funding in an uncertain market: using venture debt to bridge the gap

Will Hutchins Contributor Will Hutchins is a managing director at Espresso Capital, a leading provider of innovative growth financing and venture debt solutions. While a handful of tech companies like Zoom and Shopify are enjoying massive gains as a result of COVID-19, that’s obviously not the case for most. Weaker demand, slower sales cycles, and customer insistence on pricing concessions and payment deferrals have conspired to cloud the outlook for many tech companies’ growth. Compounding these challenges, a lot of tech companies are struggling to raise capital just when they need it most. The

Just 72 hours left to save up to $300 on Disrupt 2020 passes

It takes a village — or in this case a kickass global startup community — to help you survive and thrive in challenging times. Tap into your village at Disrupt 2020, but do it quickly to gain entry at the lowest possible price. You have just three days left before the price goes up. Buy an early-bird pass to Disrupt before August 7 at 11:59 p.m. (PT), and you can save up to $300. The virtual Disrupt 2020 programming runs from September 14-18, but you can start networking weeks ahead of time with CrunchMatch. Answer a few quick questions and

DojoLIVE! Newsletter

Stay up to date on the latest interviews with luminaries who are creating the future.

Nearsoft, Inc. © 2020 All Rights Reserved.
About Indecomm
Cookie Policy