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Posts Categorized / Hi Tech

  • Mar 06 / 2018
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Hi Tech

UiPath confirms $153M at $1.1B valuation from Accel, CapitalG and KP for its “software robots”

 Last week, we reported that UiPath, a startup out of Romania building AI-based services for enterprises in the area of robotic process automation (RPA) — helping businesses automate mundane tasks in back-office IT systems — was about to close a big round, upwards of $120 million at a $1 billion-plus valuation. Today, the company is making it official (and officially… Read More

  • Mar 05 / 2018
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Hi Tech

Qualcomm is pushing back its pivotal shareholder meeting this week amid a regulatory review

 Massive chipmaker Qualcomm, currently targeted by aggressive acquisition attempts by Broadcom, is now delaying a pivotal meeting with shareholders this week that would determine its fate going forward by at least a month to comply with regulators regarding the deal. The CFIUS — the Committee on Foreign Investment in the United States — has requested that Qualcomm delay the… Read More

  • Mar 05 / 2018
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Hi Tech

Salesforce introduces automated query building feature in Einstein Analytics

 Salesforce introduced a new feature to Einstein Analytics today called ‘Conversational Queries’. It’s not conversational in the Alexa sense of conversation, at least not yet, but it does recognize the most common phrasing as you’re typing, providing an automated way to build queries and access data. “Now, with Conversational Queries, users can type phrases related… Read More

  • Mar 05 / 2018
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Hi Tech

Virtru’s new API brings encryption tech built by ex-NSA engineer to third-party developers

 Virtru co-founder Will Ackerly developed the company’s underlying encryption technology while he was working as an engineer at the NSA, so it’s fair to say he knows a thing or two about the subject. The company has been delivering encryption products for email and files in transit for several years now, mainly through a partnership with Google GMail and Microsoft Office… Read More

  • Mar 05 / 2018
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Hi Tech

Shogun wants to help businesses easily build a better online storefront

 Finbarr Taylor and Nick Raushenbush had started a little side project that was making just about enough money to keep the site’s lights on while they were working on their next plans. Then, a few months later, Shogun — a tool to help small businesses build shopfronts for sites like Shopify — started making a bit more. After a few months, it went from a nice dinner to a… Read More

  • Mar 02 / 2018
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Hi Tech

UiPath raising around $120M at $1B+ valuation for its ‘software robots’ for internal business tasks

 The initial hype around bots — applications that run partly or entirely using natural language processing, machine learning, computer vision and other AI tech to help consumers ask and answer questions, buy things and get other stuff done — may have waned a bit, but a startup building the equivalent for the enterprise world, in a fast-growing field called robotic process automation,… Read More

  • Mar 01 / 2018
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Hi Tech

Dropbox to add native G Suite integration in new partnership with Google

 It’s been an eventful week for Dropbox coming off its announcement last Friday that it was finally going public, but that doesn’t mean the business stops. The company announced plans to partner with Google today to bring native G Suite integration to Dropbox storage. The fact is that more than 50 percent of Dropbox users have a G Suite account — which includes GMail along… Read More

  • Mar 01 / 2018
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Hi Tech

Microsoft advances several of its hosted artificial intelligence algorithms

 Microsoft Cognitive Services is home to the company’s hosted artificial intelligence algorithms. Today, the company announced advances to several Cognitive Services tools including Microsoft Custom Vision Service, the Face API and Bing Entity Search . Joseph Sirosh, who leads the Microsoft’s cloud AI efforts, defined Microsoft Cognitive Services in a company blog post announcing… Read More

  • Mar 01 / 2018
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Hi Tech

Box shares fall over 20% on slowed growth

 Cloud storage provider Box started out the day Thursday down over 20% on the stock market. Shares traded as low as $19.11 in early hours of trading, down from a previous close of $24.07.
The company reported quarterly earnings after the bell on Wednesday, and while its losses of six cents per share surpassed analyst expectations of negative eight cents, investors were concerned about the… Read More

  • Mar 01 / 2018
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Hi Tech

ScopeAI helps companies analyze their customer feedback

 If you’re running a company with a lot of customers, it can take time to sort through all that feedback. A startup called ScopeAI is working to make that process a lot easier. The startup is announcing that it’s raised an undisclosed amount of seed funding from Y Combinator (where it was part of the winter batch last year), Menlo Ventures, Social Capital and Salesforce Ventures,… Read More