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Monzo, one of a plethora of U.K. fintech startups aiming to re-invent current account banking, has launched a new feature that makes it even more frictionless to transfer money to friends. Dubbed ‘Nearby Friends’, the new geolocation functionality uses Bluetooth to let you see anyone else that uses Monzo who is nearby so that you […]

Google announced today it was going to acquire Israeli cloud migration startup, Velostrata. The companies did not share the purchase price. Velostrata helps companies migrate from on-premises datacenters to the cloud, a common requirement today as companies try to shift more workloads to the cloud. It’s not always a simple matter though to transfer those […]

“Whether for AR or robots, anytime you have software interacting with the world, it needs a 3D model of the globe. We think that map will look a lot more like the decentralized internet than a version of Apple Maps or Google Maps.” That’s the idea behind new startup Fantasmo, according to co-founder Jameson Detweiler. Coming out of stealth […]

Targetprocess launched in 2004 in Minsk, Belarus with a mission of making it simpler to manage agile-driven programming projects. It announced it has taken its first funding in its 14-year history, a $5 million Series A led by the European Bank for Reconstruction and Development and Zubr Capital, a private equity firm in Minsk. Why […]

The uncertainty facing digital businesses as a result of Brexit was front and center during a committee session in the UK parliament today, with experts including the UK’s information commissioner responding to MPs’ questions about how and even whether data will continue to flow between the UK and the European Union once the country has […]

Gamalon wants to change the game when it comes to understanding text-based customer communications. Instead of using neural networks to learn about a vast corpus of information, the startup takes a different approach, putting the text in a database and building decision trees to very rapidly train the data to arrive at the required information. […]

Android’s development studio is getting a new update as Google rolls out Android Studio 3.2 Canary, adding new tools for visual navigation editing and Jetpack. The new release includes build tools for the new Android App Bundle format, Snapshots, a new optimizer for smaller app code and a new way to measure an app’s impact […]

As Slack looks to woo larger and larger companies with the prospect of a simpler workplace collaboration tool, the company said it has now hit 8 million daily active users. The company said it also has 3 million paid users. A darling in Silicon Valley, Slack was initially able to capitalize on pent-up demand for […]

In 2016, Walmart announced that it would begin testing grocery delivery in conjunction with Uber and Lyft. Today, however, Reuters reports that those partnerships have come to an end, which was confirmed by Walmart and Uber. TechCrunch first reported in 2015 about Uber’s plans to launch a merchant delivery system, wherein goods from retailers would […]

Between Microsoft Build and Google I/O, there are probably more people saying “AI” this week than any previous week in history. But the AI those companies deploy tends to live off in a cloud somewhere — XNOR puts it on devices that may not even be capable of an internet connection. The startup has just […]