Spotify could out-dance Apple if it does acquire SoundCloud

spoticloud SoundCloud as a company is a disaster, but its the only streaming service with the DJ sets and remixes kids love. So it makes perfect sense that Spotify is in advanced talks to acquire SoundCloud, the Financial Times reports. Spotify already declined to buy it twice over the past year and a half, but talks broke down over pricing. But since then, SoundCloud has hammered out deals with the… Read More

Watson Financial Services is born out of IBM’s purchase of Promontory Financial Group

Lighthouse shining beam into thick clouds If Nathan’s Hot Dog Eating Contest had a big data eating contest brother, IBM would be a serious contender for first place. Today the tech stalwart announced that it had come to an agreement to acquire Promontory Financial Group.  To make sense of this deal, you have to avoid relegating Promontory into the small box of financial services. Instead, it’s most practical to think… Read More

Dozr raises $1.9 million to become an Airbnb for bulldozers and excavators

A bulldozer available for rent via Dozr.com A startup called Dozr Inc. has raised CAN $2.5 million (or $1.9 million USD) in seed funding to help contractors rent heavy industrial equipment from other construction professionals who have it, but aren’t using it. Based in Kitchener, Ontario Dozr’s marketplace lets builders rent equipment, like excavators, skidsteers or one day drones and industrial robotics, either alone, or with… Read More

Beyoncé becomes a tech startup investor

beyonce-investor Joining celebrity investors like Snoop Dogg, Ashton Kutcher, and Justin Bieber, Queen Bey is bringing her supreme business skills to the tech world. Beyoncé and the management company she started called Parkwood Entertainment have invested $150,000 into Sidestep, an app for buying concert merchandise and skipping the line to pick it up at the show. Sidestep originally started selling… Read More

CodeSpark raises $4.1 million for games that teach kids how to code

A 4-year-old learns to code using codeSpark games. A Los Angeles startup called codeSpark has raised $4.1 million in seed funding for web and mobile games that teach kids how to code, even before they know how to read and write effectively. CodeSpark’s games were developed for kids 4 to 9 years old, and with a goal of not just teaching them STEM concepts, but engaging boys and girls equally well. The games feature characters who are… Read More

Skymind raises $3M to bring its Java deep-learning library to the masses

Network, conceptual illustration Today, Skymind, a company developing an open-source deep-learning library for Java, along with tools for implementation, closed $3 million in financing from Tencent, SV Angel, GreatPoint Ventures, Mandra Capital, and Y Combinator. Skymind was previously a part of Y Combinator’s Winter 2016 batch and has taken money from Joe Montana’s Liquid 2 Ventures and a number of other… Read More