Meituan is the $30 billion startup you’ve probably never heard of

Drivers for the world’s fourth most valuable startup. Image: Andy Wong/AP/REX/Shutterstock China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30 billion valuation that puts it ahead of high-fliers like Airbnb Inc. and Space X. Never heard of Meituan? You’re not alone. The Beijing-based company, led by Wang Xing, is almost unknown […]

This isn’t the first time Dove rolled out a racist ad

Image: MARK ZUCKERBERG/FACEBOOK For all the good Facebook has done in the wake of Hurricane Maria, CEO Mark Zuckerberg sending his cartoon avatar to the ravaged streets of Puerto Rico on Monday afternoon stands out as a tone-deaf misstep. He capitalized on a natural disaster to promote his company’s new tech, and the whole thing […]

Automated video creation startup Wibbitz raises $20M

Wibbitz, which uses artificial intelligence to create short videos based on text news stories, has raised $20 million in Series C funding. The money comes from some big names in the media world, with Bertelsmann Digital Media Investments (a subsidiary of German media conglomerate Bertelsmann) leading the round and participation from The Weather Channel, The […]

Google just announced the Pixel 2 and Pixel XL 2

Google announced the Pixel 2 and Pixel 2 XL today at a special media event. Image: Youtube They’re finally here. Google just announced the new Pixel 2 and Pixel 2 XL smartphones today at a special media event in San Francisco. The new smartphones are set to compete directly against the iPhone 8 and iPhone […]

Amazon to open visually focused AI research hub in Germany

Ecommerce giant Amazon has announced a new research center in Germany focused on developing AI to improve the customer experience — especially in visual systems. Amazon said research conducted at the hub will also aim to benefit users of Amazon Web Services and its voice driven AI assistant tech, Alexa.  The center will be based in Tübingen, near […]