Category: Business & MBA
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Leap Motion acquired by Ultrahaptics
The 2010 founded AR and VR company, that was leading in hand tracking devices for VR usage had a few moments that made the tech-headlines. According to many sources, Apple tried to acquire the company twice, with the second attempt as recently as 2018. Past week, the company sold for $30 million. Today, we’re announcing…
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Controversy over copied company logos
From the Business-Trivia-Department. Companies that have been involved in Lawsuits over their Logo being stolen. Source: 7 companies that sparked controversy for copying another company’s logo – Business Insider Deutschland
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Auth0 Raises $103M
Auth0, a Bellevue, WA-based Identity-as-a-Service platform provider, closed a $103M Series E funding.The round valued the company at more than $1 BillionSource: Auth0 Raises $103M in Funding, Valued at Over $1 Billion | FinSMEs
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Fastly went public.
Already on Friday, Fastly, one of the more prominent representatives of the Website acceleration technology business, went public. Despite two days old, still worth mentioning. The San Francisco based company can be found under the label NASDAQ: FSLY. Measured by the initially offered price of 16$/share, the first day of trading close at $24.20 can…
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HPE buys Supercomputer Maker Cray
On the Hardware end, HP bought Cray Supercomputers. The deal was reported to be valued at $1.4 billion. Cray was famous for it’s supercomputers, out of which several made the Top 500 list. Hewlett Packard Enterprise Co. has agreed to buy U.S. supercomputer maker Cray Inc. in a deal valued at about $1.4 billion as…
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VMware acquires Bitnami
Bitnami is a name that many may know from packaged applications available on the major cloud marketplaces. The company packages up applications for easier consumption and adoption, and the concept became quite popular. Today, VMWare announced the acquisition of Bitnami for an undisclosed amount of money. VMware announced today that it’s acquiring Bitnami, the package…
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Lilium unveils five-seater air taxi
While Dorothee Bär was made fun of for her statement about Air Taxis in her role as Minister of Digital about one year ago already, Lilium, a German Aerospace startup announced a prototype today. Lilium, the Munich-based startup developing an on-demand “air taxi” service, has unveiled a new five-seater prototype and is announcing to the…
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Supreme Court rules against Apple
The U.S. Supreme Court ruled 5-4 against Apple on Monday on a case involving whether or not a group of iPhone users will be allowed to bring an antitrust lawsuit against the company regarding its App Store practices. The iPhone owners allege that Apple’s 30 percent commission on App Store sales is passed along to…
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Going all-in on AWS is a recipe for success
Gousto believes going all-in on AWS is a recipe for success, diginomica writes, and it’s undeniable there is no way around public cloud for digital services & offerings. It’s a pretty steep thesis to build a strategy relying on one particular hyper-scaler to make a business a success. In the end, customers purchase experience and…