Enterprise

Google To Restrict Ad Targeting In February 2020

By Amit Chowdhry ● Nov 17, 2019

Google announced it is going to start limiting the data sharing for its targeted advertising platform in order to safeguard user privacy.

JPMorgan Investment Strategy Head Michael Cembalest Says ‘Armageddonists’ Contribute To Recessions

By Noah Long ● Nov 17, 2019

J.P. Morgan Asset Management Chairman of Market and Investment Strategy Michael Cembalest has criticized the "Armageddonists" for causing recessions.

Dell Plans To Have Women Make Up Half Its Workforce By 2030

By Dan Anderson ● Nov 17, 2019

Dell released a report about its 2030 goals for societal change. And the goal is to hire, develop, and retain women so they account for 50% of the company’s global workforce.

Bill Gates Is Now The Richest Person In The World Again

By Noah Long ● Nov 17, 2019

Bill Gates has become the richest person in the world again as of the market closing on Friday.

Geospatial Analytics Software Company Orbital Insight Raises $50 Million In Funding

By Annie Baker ● Nov 17, 2019

Geospatial analytics software industry Orbital Insight announced it raised $50 million in Series D funding co-led by Sequoia and Clearvision.

Barbara Corcoran Says That This Trait Is What Makes People Successful

By Amit Chowdhry ● Nov 17, 2019

Self-made millionaire and entrepreneur Barbara Corcoran went through a number of setbacks before becoming successful. Here is some of her advice.

HP Rejects Xerox’s Acquisition Offer

By Amit Chowdhry ● Nov 17, 2019

The HP board has unanimously rejected an offer from Xerox saying that this deal undervalues the company.

AI Content Moderation Platform Two Hat Security Closes $7.5 Million In Funding

By Dan Anderson ● Nov 16, 2019

Canada-based technology company Two Hat Security announced it raised $7.5 million in funding led by Tam Holdings.

Cloud-Enabled Work Orchestration And Observability Company Cutover Raises $17 Million

By Dan Anderson ● Nov 16, 2019

Cloud-enabled work orchestration and observability platform Cutover announced it raised $17 million in Series A funding led by Index Ventures.

Wire: $8.2 Million In Funding, 700 Enterprise Customers, New Hires

By Noah Long ● Nov 16, 2019

Enterprise-focused end-to-end encryption messaging app company Wire raised $8.2 million in funding and now reaches 700 enterprise customers.

Blackstone CEO Stephen Schwarzman Says Recession Forecast Is ‘Overblown’

By Amit Chowdhry ● Nov 16, 2019

Blackstone Chairman, CEO & Co-Founder Stephen A. Schwarzman pointed out that the chances of a US recession have been "overblown."

Natalie Sandman Joins Spark Capital As An Investor

By Annie Baker ● Nov 16, 2019

Natalie Sandman has joined Spark Capital as an investor. At Spark, Sandman is going focused on early-stage software startups.

GitHub Launches An iOS App And Improved Notifications

By Amit Chowdhry ● Nov 15, 2019

Microsoft-owned code repository company GitHub announced it has launched an iOS app and released improved notifications.

Enterprise-Grade Drone Software Company DroneDeploy Raises $35 Million In Funding

By Dan Anderson ● Nov 15, 2019

Leading enterprise-grade drone software solution DroneDeploy announced it raised $35 million in Series D funding led by Bessemer Venture Partners.

Hyatt Is Substantially Reducing Single-Use Plastics Through Global Sustainability Programs

By Dan Anderson ● Nov 15, 2019

Hyatt Hotels Corporation is launching initiatives to reduce waste at its hotels, including large-format bathroom items and reducing single-use water bottles.

Freshworks: $150 Million Funding And $3.5 Billion Valuation

By Dan Anderson ● Nov 15, 2019

Customer engagement software company Freshworks announced it has raised $150 million in Series H funding at a post-financing valuation of $3.5 billion.

Google Plans To Offer Checking Accounts Next Year With Citi And Stanford Federal Credit Union

By Amit Chowdhry ● Nov 15, 2019

Google is planning to start offering checking accounts to consumers starting next year through a partnership with Citi and Stanford Federal Credit Union.

Cybersecurity Risk Validation Company Pcysys Raises $10 Million In Funding

By Dan Anderson ● Nov 14, 2019

Cybersecurity risk validation company Pcysys announced it raised $10 million in funding from Canadian VC, Awz Ventures, and Blackstone.

Real Estate Closing Technology Company Qualia Closes $55 Million In Funding

By Noah Long ● Nov 14, 2019

Leading digital real estate closing technology company Qualia announced it raised $55 million in funding led by Tiger Global.

Convoy: $400 Million Funding At $2.75 Billion Valuation To Reduce Trucking Industry Waste

By Amit Chowdhry ● Nov 14, 2019

Convoy, the first nationwide digital freight network, announced it raised $400 million in Series D funding at a valuation of $2.75 billion. These are the details.

Why Apollo Global Is Buying Tech Data For About $5.4 Billion

By Noah Long ● Nov 14, 2019

Tech Data announced it entered a definitive agreement to be acquired by an affiliate of funds of Apollo Global Management for $5.4 billion.

Google Flights To Send Out Alerts About Cheaper Travel Options

By Annie Baker ● Nov 14, 2019

Google Flights has announced a new feature that will send out alerts about cheaper travel options based on flexible dates and nearby airports.

Microsoft AI And Research Group Head Harry Shum Stepping Down In February 2020

By Amit Chowdhry ● Nov 14, 2019

Microsoft's head of AI and Research Harry Shum is stepping down from the company in February 2020. These are the details.

Netflix And Nickelodeon Sign Animated Film And Series Deal

By Annie Baker ● Nov 14, 2019

Netflix and Nickelodeon announced they have launched a new multi-year output deal for producing original animated feature films and television series.

These Michigan Alumni Run An Email Newsletter That Is Set To Hit $13 Million This Year

By Amit Chowdhry ● Nov 14, 2019

Morning Brew -- an email newsletter that makes reading business news more enjoyable -- is set to quadruple its revenue to $13 million this year.

Boldstart Ventures Raises $157 Million Across Two Funds

By Noah Long ● Nov 14, 2019

Boldstart Ventures announced it closed two new funds with $157 million in capital commitments.

Intel Unveils Powerful New AI Chips

By Amit Chowdhry ● Nov 14, 2019

Intel has unveiled its next wave of AI with updates on new products designed for accelerating AI system development and deployment.

Gryphon Networks Receives Investment From Sverica

By Dan Anderson ● Nov 14, 2019

Private equity investment firm Sverica Capital Management has made a strategic investment in Gryphon Networks.

Microsoft’s Number Of Female Employees Increased 12% In 2019

By Annie Baker ● Nov 14, 2019

Microsoft released a report that revealed it hired more women and minorities in 2019. These are the details.

Comcast Leads $10.6 Million Funding Round In Hive

By Amit Chowdhry ● Nov 14, 2019

Productivity platform company Hive recently announced it raised $10.6 million in Series A funding led by Comcast Ventures.