Softbank Vision Fund Attracts $93B From Gulf States, Apple, Others


The Softbank Vision Fund has closed its first major funding round raising more than $93 billion in capital from the Gulf states, as well as tech stalwarts Apple, Qualcomm and others. Softbank, which last fall launched the fund with backing from the Public Investment Fund of Saudi Arabia, said it has received new commitments from the Mubadala Investment Fund from the United Arab Emirates. The Softbank Vision Fund, which has targeted a $100 billion close within six months, also received commitment pledges from Foxconn and Sharp.

The original article can be found here: http://www.ecommercetimes.com/story/84550.html?rss=1

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The hyperloop race heats up as one startup begins building a full-size passenger pod

Hyperloop Transportation Technologies announced the construction of its first hyperloop passenger capsule, raising the stakes in the contest between HTT and Elon Musk’s Hyperloop One.

The original article can be found here: http://www.foxnews.com/tech/2017/03/23/hyperloop-race-heats-up-as-one-startup-begins-building-full-size-passenger-pod.html

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The scent of cybersecurity: Kaspersky Lab launches perfume

Can hackers smell fear? Cybersecurity firm Kaspersky Lab is raising awareness of the digital threats facing users … by launching a perfume.

The original article can be found here: http://www.foxnews.com/tech/2017/03/13/scent-cybersecurity-kaspersky-lab-launches-perfume.html

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Apple to Jack Up App Prices in UK


Apple on Tuesday alerted its development community that it will be raising prices on apps sold through its App Store in the United Kingdom. Several factors influence App Store price tiers internationally, including currency exchange rates, business practices, taxes, and the cost of doing business, Apple said, noting that the factors vary by region and over time. App Store price increases also are ahead for India, due to changes in service taxes, and Turkey, due to depreciation in the Turkish lira, Apple said.

The original article can be found here: http://www.ecommercetimes.com/story/84237.html?rss=1

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Russian facial recognition app sparks interest, controversy

A facial recognition app out of Russia is raising eyebrows, both because of its abilities and the privacy concerns it sparks.

The original article can be found here: http://www.foxnews.com/tech/2016/12/14/russian-facial-recognition-app-sparks-interest-controversy.html

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Publishers vs. Brave Software: Battle for the Ad Viewer


Brave Software is a startup that has ratcheted the ad-blocking game to a new level, and it is raising a lot of stink in the online community. For many people, Web-based ads have become an intolerable, costly distraction. That has led to a variety of ad-blocking approaches. The use of ad-blocking software is growing, because users feel they are being attacked by distracting Web-based ads. Brave Software’s solution really grabbed the attention of Web-based publishers — such as newspapers — that rely on ad revenue to support their operations.

The original article can be found here: http://www.ecommercetimes.com/story/83366.html?rss=1

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AMD analyst day sketches big picture, leaves critical details unanswered

AMD-Logo1
AMD’s Analyst Day wound up raising more questions than it answered about the future of the company and how AMD will expand into new and challenging markets.

The original article can be found here: http://www.extremetech.com/gaming/205145-amd-analyst-day-sketches-big-picture-leaves-critical-details-unanswered

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Apple to raise at least $1.08 billion from two-part Swiss bond sale

Apple today is expected to complete a two-part sale of Swiss-franc bonds, raising at least $1.08 billion U.S. to help fund its massive ongoing capital reinvestment program.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/433dadbc/sc/1/l/0Lappleinsider0N0Carticles0C150C0A20C10A0Capple0Eto0Eraise0Eat0Eleast0E10A80Ebillion0Efrom0Etwo0Epart0Eswiss0Ebond0Esale/story01.htm

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Crowdfunding helps Ukrainians build ‘people’s drone’ to aid poorly resourced army

Crowdfunding may not be the usual method for raising cash to help equip a national army with fighting apparatus and drones, but a Ukraine IT executive intent on supporting his country’s troops has found the platform to be just the ticket. 

The original article can be found here: http://www.foxnews.com/tech/2014/06/30/crowdfunding-helps-ukrainians-build-peoples-drone-to-aid-poorly-resourced-army/

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