Business & Startups - page 13

The startup Atomwise has attracted $45 million to search for new drugs using AI

The startup Atomwise has attracted $45 million to search for new drugs using AI

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Founded in 2012, the startup Atomwise develops neural networks for the search for new drugs. The creators believe that the methods of deep machine learning can save time and money on the development of drugs...
Facebook shares drop 7% due to the scandal with Cambridge Analytica

Facebook shares drop 7% due to the scandal with Cambridge Analytica

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Facebook reputation is in danger again. After information about the leakage of users' data shares of the company fell by more than 7%. This was the largest drop in FB quotes over the past four...
Twitter made its first profit

Twitter made its first profit

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Twitter reported a profit of $91 million in the last quarter of 2017. This was the first profitable quarter in the history of the company. For the last 12 years the social network has worked at a loss and has...
Durov Brothers reported on raising $ 850 million for Telegram and TON blockchain platform

Durov Brothers reported on raising $ 850 million for Telegram and TON blockchain platform

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The Securities and Exchange Commission (SEC) has issued a notice on the offer of securities owned by Telegram Group Inc. and TON Issuer Inc. owned by Pavel and Nikolay Durov. Assets with a total value of $ 850...
Microsoft buys the startup PlayFab, to win the online games market

Microsoft buys the startup PlayFab, to win the online games market

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The gaming industry is moving away from desktop solutions to cloud services that do not require expensive personal computers with high-end components. The computation of complex graphics and physics in games...
«Volatility Index» and the largest stock market decline since 2011

«Volatility Index» and the largest stock market decline since 2011

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Stock markets around the world have seriously subsided: on February 5 and 6, 2018, trades were held with a record fall since 2011. Dow Jones fell by 4.6%, the S & P500 lost 4.1%. A sharp correction in the...
BMW acquires the Parkmobile app in order to cope with urban traffic

BMW acquires the Parkmobile app in order to cope with urban traffic

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BMW has acquired the company Parkmobile, which has developed a smartphone application for parking conveniently. BMW Group has been a minority shareholder since 2014 and owned a subsidiary of Parkmobile Group...
ContentSquare startup has raised $42 millions for the platform analysing UX

ContentSquare startup has raised $42 millions for the platform analysing UX

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The most important thing for website and mobile applications developers is to understand how people interact with their products. The platform developed by the startup ContentSquare helps companies analyze...
Facebook purchased startup for remote verification of documents

Facebook purchased startup for remote verification of documents

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Facebook purchased Confirm.io  startup developed a service for remote identity documents verification. The deal was reported on the website of the company. Over 30 staff members of Confirm will now work in the...
Varo Money has attracted $45 million for a mobile banking service without commissions

Varo Money has attracted $45 million for a mobile banking service without commissions

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Varo Money is one of the startups, whose creators believe that the time has come for serious changes in the traditional banking sector. Most of the banks work on relational principles, which were laid long...
WhatsApp officially launches its business application in several countries

WhatsApp officially launches its business application in several countries

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WhatsApp has over 1 billion users across the world. Many companies use the messenger to interact with their customers, for example, on technical support matters. Since the messenger was originally created for...
Tesla buys Perbix. Elon Musk is not giving up

Tesla buys Perbix. Elon Musk is not giving up

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Recently, Tesla has experienced serious difficulties. The pace of production of their Model 3 is much lower than the promised 5000 cars per week, and the situation will not be corrected until the end of the...
Zunum Aero will create electric planes for regional flights

Zunum Aero will create electric planes for regional flights

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American startup, Zunum Aero, is developing a line of small hybrid propulsion aircraft. The company aims to transform the regional air travel market where it is not profitable to use large aircraft. New...
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