Facebook acquires Redkix to enhance communications on Workplace by Facebook

Facebook  announced it has acquired Redkix, a startup that provides tools to communicate more effectively by combining email with a more formal collaboration tool. The companies did not reveal the acquisition price. Redkix burst out of the gate two years ago with a $17 million seed round, a hefty seed amount by any measure. What prompted this kind of investment was a tool that combined a collaboration tool like Slack or Workplace by Facebook with email. People could collaborate in Redkix itself, or if you weren’t a registered user, you could still participate by email, providing a more seamless way to work together.


07.26.2018 21:45

Walmart will chauffeur shoppers in self-driving Waymo cars

An exclusive group of customers who place grocery orders through will catch a ride from their home to the store in one of Waymo's self-driving Chrysler Pacifica vans. They won't even have to leave the air-conditioned comfort of the car, because a Walmart employee will bring their order to them.
07.26.2018 19:21

What happened on Facebook's nightmare conference call that wiped out nearly $150B in market value in 90 minutes

It's a staggering drop-off for Facebook, and flies in the face of Wall Street's expectations. Earlier in the day, its stock had hit a new all-time-high of more than $218 a share. A few short hours later, that already seems like a distant memory.
07.26.2018 19:14

Uber Co-Founder and E*Trade Alum Launch No-Fee Cryptocurrency Trading

Voyager, a startup backed by an Uber co-founder as well as an early investor in the ride-hailing company, revealed plans Wednesday to offer no-fee trades of at least 15 different cryptocurrencies, including Bitcoin, Ethereum and others.
07.26.2018 19:10

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How much does consulting cost?
Venture and growth investors are doing a lot to speed up the rise of these worker-bots. So far this year, they’ve poured hundreds of millions into developers of robotic process automation technology, the term to describe software used for performing a series of tasks previously carried out by humans.

What if blockchain turned out to be just what emerging economies were after?



While Clinton certainly did not appear to be a Shingy-esque blockchain evangelist onstage, he delivered a targeted amount of enthusiasm about new technologies like blockchain and artificial intelligence in enhancing accessibility and shaping the country’s economic future.

It might be the only way we can break Facebook’s hold on our lives, it could cement Apple’s reputation as a privacy-minded service provider, and more importantly, it wouldn’t be that hard to get people to use it.
Instagram’s co-founders announced that Adam Mosseri, the platform’s vice president of product, is now in charge. Mosseri will oversee all functions of the business and recruit a new executive team, Kevin Systrom and Mike Krieger said in a statement. The co-founders announced their departure last week — more than six years after Facebook purchased the company for $1 billion. “We remain excited for the future of Instagram in the coming years as we transition from being leaders at Instagram to being just two users in a billion,” said Systrom and Krieger.
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