With great power comes great responsibility. Jessica Lewis Creative / Pexels When the time is right, you’ll probably want to give your kids a smartphone. This is a practical decision that requires education about the dangers of certain apps and websites and setting limits and protections to ensure children use their new device safely. Both…
Shared micromobility companies have been adopting startlingly advanced new tech to correct for the thing that cities hate most — sidewalk riding. Some companies, like Bird, Neuron and Superpedestrian, have relied on hyper-accurate GPS systems to determine if a rider is riding inappropriately. Others, like Lime, have started integrating camera-based computer vision systems that rely…
Paragon, a startup building a platform that integrates and aggregates various software-as-a-service (SaaS) apps for enterprise clients, has raised $13 million in a series A round led by Inspired Capital, alongside previous investors FundersClub and Garuda Ventures. CEO and co-founder Brandon Foo said that the tranche will be put toward “scaling” and expanding Paragon’s team…
Our foodchains are notorious for being not-exactly-amazing for the amount of carbon they crank into the atmosphere. Root Global just raised a round of funding in a bid to become what it calls the ‘carbon OS’ for the food industry. It builds software to help companies up and down the food value chain get to…
Shypyard, a startup developing business planning products and services for brands and direct-to-consumer merchants, closed on $3 million in seed funding. The round was led by Gradient Ventures with participation from Liquid 2 Ventures, Position Ventures and a group of angel investors that includes current and former executives and founders at Shopify, BigCommerce and SnapCommerce….
Microsoft announced its fourth-quarter results Tuesday, missing Wall Street’s expectations. The company reported it had $51.9 billion in sales for the quarter that ended June 30, an increase of 12% year-over-year. Analysts were expecting around $52.5 billion. Net income inched up 2% to $16.74 billion. This is considered the slowest revenue growth for Microsoft since 2020….
Debt gets a bad rap. That’s partly because it’s associated with higher risk. For startups, a few missed payments could force them to shutter, depending on the terms of their loan agreements. But despite its reputation, debt isn’t an act of desperation during down times. As my colleague Alex Wilhelm notes, for companies that have…
Strong performance from its cloud divisions saw Microsoft deliver yet another successful quarter despite struggles for its Windows operations. The company’s $51.9 billion revenue for the quarter leading up to June 30 2022 was up 12% compared with the same period last year, comprising an operating income of $20.5 billion (up 8%) and a net…
A combination of weather and maintenance was blamed for the delay. Robert Alexander/Getty Images American Airline passengers were held on a plane with limited air-con for six hours, a report says. Genna Contino, a reporter for The Charlotte Observer, said passengers were sobbing on the plane. She tweeted that there was also no food or…
New US home sales dropped sharply in June, data showed on Tuesday. CHRIS DELMAS/Getty Images New home sales in the US hit a two-year low in June, in the latest sign of the rapid slowdown in the housing market. Some analysts are expecting prices to fall rapidly in the coming months, while others merely expect…