News Feeds

Avril Lavigne looked amazing at her first red carpet appearance in 2 years

Aeon - Mon, 23 Apr 2018 23:36:52 GMT
After being diagnosed with Lyme Disease in 2014, Avril Lavigne is back on the red carpet and making new music.

How Google retains more than 90% of market share

Aeon - Mon, 23 Apr 2018 23:35:00 GMT
About 90% of web searches are through Google or company subsidiary Youtube.

Watch this woman explode with joy when a man dressed in a dinosaur outfit proposes to her

Aeon - Mon, 23 Apr 2018 23:34:51 GMT
Chris Jones ran the Marathon in a dinosaur costume to raise money for the hospital that saved his cousin from the brink of death.

Here's how the regtech landscape is evolving to address increasing compliance needs

Aeon - Mon, 23 Apr 2018 23:31:00 GMT
A new 2018 report from Business Insider Intelligence provides a brief overview of the current global financial regulatory compliance landscape and the regtech industry's position within it.

The Eagles have not yet accepted Trump's invitation to the White House but are 'discussing it'

Aeon - Mon, 23 Apr 2018 23:04:00 GMT
The Eagles have yet to decide whether or not they will accept their White House invitation after winning their first Super Bowl in franchise history.

THE FUTURE OF LIFE INSURANCE: How insurtechs are tackling this notoriously tricky area of insurance

Aeon - Mon, 23 Apr 2018 23:02:00 GMT
BI IntelligenceThis is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.Life insurance is a fundamentally hard product to sell, as it requires people to think about their deaths and promises no immediate rewards.See the rest of the story at Business InsiderSee Also:Singapore Fintech Association launches marketplace lending committeeTransferWise is now a part of the UK's Faster Payments schemeBBVA invests $50 million in Chinese AI fund

George H.W. Bush hospitalized and in intensive care

Aeon - Mon, 23 Apr 2018 23:00:09 GMT
"He is responding to treatments and appears to be recovering," a spokesman said in a statement.

Amazon CEO Jeff Bezos' $23 million Washington, DC mansion will have two elevators, a ballroom ...

Aeon - Mon, 23 Apr 2018 22:52:23 GMT
The renovation and expansion cost him an additional $12 million, bringing it up to $35 million.

First-time home buyers are the biggest losers when it comes to rising inflation

Aeon - Mon, 23 Apr 2018 22:46:00 GMT
Monthly costs of first-time homeowners in the US surged 9% in March from a year ago.

Trump and Macron are meeting up for a state dinner — here are 9 US presidents who previously ...

Aeon - Mon, 23 Apr 2018 22:39:00 GMT
Donald Trump and Emmanuel Macron are getting together for Trump's first ever state dinner.

Alaska Airlines is joining Delta, American, and United and launching a basic-economy class — ...

Aeon - Mon, 23 Apr 2018 22:36:00 GMT
Alaska Airlines expects its new Saver Fare tickets to generate $100 million of revenue in 2019.

A woman made a prom dress out of trash bags — and it looks like a designer gown

Aeon - Mon, 23 Apr 2018 22:14:00 GMT
She transformed garbage bags into roses, and the result is surprisingly beautiful.

Kevin Durant 'liked' an Instagram comment criticizing Russell Westbrook and called it an accident

Aeon - Mon, 23 Apr 2018 22:12:06 GMT
Kevin Durant seemed to agree with the idea that Russell Westbrook was "the problem" on the Thunder.

Clouds on Uranus smell like farts, astronomers have confirmed — a clue that there was 'a big ...

Aeon - Mon, 23 Apr 2018 22:11:00 GMT
Scientists had suspected that Uranus had clouds of hydrogen sulfide, a compound that smells like rotten eggs and farts. But they couldn't be certain until now.

New York Times reporter says Trump is too afraid of former aide Roger Stone to publicly attack him

Aeon - Mon, 23 Apr 2018 22:02:59 GMT
Roger Stone, President Donald Trump's longtime political adviser, is the one aide who Trump might be too afraid to publicly attack.

THE OMNICHANNEL FULFILLMENT REPORT: How retailers can overcome challenges to fend off Amazon's ...

Aeon - Mon, 23 Apr 2018 22:02:00 GMT
BI IntelligenceThis is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.Brick-and-mortar retailers are caught on the wrong side of the digital shift in retail, with many stuck in a dangerous cycle of falling foot traffic, declining comparable-store sales, and increasing store closures.More than 8,600 retail stores could close this year in the US — more than the previous two years combined, brokerage firm Credit Suisse said in a recent report. Meanwhile, e-commerce pureplays are riding the rise of digital commerce to success — none more so than Amazon, which accounted for 53% of online sales growth in the US last year, according to Slice Intelligence. See the rest of the story at Business InsiderSee Also:Amazon Prime's 100 million members are just the tip of the icebergHere's why the Amazon-Best Buy TV partnership makes sense for both sidesHere's how Walmart's new site may revive its online sales

2 powerful forces are working against home affordability

Aeon - Mon, 23 Apr 2018 22:01:00 GMT
Mortgage rates are rising and homes are in short supply.

Having a daily work or travel 'uniform' can improve focus and decrease clutter — these are ...

Aeon - Mon, 23 Apr 2018 22:00:00 GMT
Never think about what you wear to work again — and get rid of the clutter. You don't need it.

Macron and Trump's bromance is big, but experts warn it might not be enough to get things done

Aeon - Mon, 23 Apr 2018 22:00:00 GMT
French President Emmanuel Macron seems to have cracked President Donald Trump's code, but their close personal relationship might not translate to real policy.

5 dietitians reveal exactly what you need to know before you go vegan

Aeon - Mon, 23 Apr 2018 21:59:08 GMT
Instead of just dropping all the meat and cheese you were eating, consider taking small steps toward a more plant-based diet instead.

Target plans to build hundreds of EV chargers at stores across 20 states

Aeon - Mon, 23 Apr 2018 21:45:55 GMT
Target wants to make your next shopping trip worth the drive, so it's adding hundreds of charging stations for electric vehicles to its parking lots across the country. SEE ALSO: There's a glaring weakness in electric vehicles. (It's range anxiety.) The big-box retailer announced Monday an expanded EV charging program, offering Tesla, ChargePoint, and Electrify America charging stations for battery-powered cars that may need some extra juice while on the road.  Target currently offers the chargers in only 18 locations across five states (California, Hawaii, Minnesota, North Carolina, and Texas), but over the next two years, 100 stores in 20 states will have charging stations available. Read more...More about Tesla, Target, Electric Vehicles, Charging Stations, and Tech

Net neutrality is officially dead. Here's what that means.

Aeon - Mon, 23 Apr 2018 21:18:13 GMT
Everyone take a moment of silence please — the free and open internet is now officially dead. In December 2017 the FCC, under chairman Ajit Pai, voted to repeal net neutrality, signaling the end of the open internet as we know it. The decision was controversial at the time, with everyone from Alyssa Milano to Reddit calling out the FCC in the lead-up to the vote, but the the vote was just the first step toward repeal. To enact the change, the FCC would have to officially list the ruling and provide a timeline for it. That listing came in February and, along with it, a date that the rescinding of net neutrality would take effect: April 23. Read more...More about Net Neutrality, Tech, and Consumer Tech

This facility offers high-tech kickboxing classes that'll measure your strength and precision

Aeon - Mon, 23 Apr 2018 21:03:04 GMT
Pact Park Kickboxing combines fitness and technology. They combine Nexersys machines with accelerometer sensors to measure the accuracy of your punches and kicks. This kind of information can help improve your weaker points and techniques. Read more...More about Health, Mashable Video, Fitness, Power, and Precision

Your dream Dyson vacuum is finally on sale

Aeon - Mon, 23 Apr 2018 18:41:01 GMT
Robot vacuums are cool and all, but they're not exactly easy on the wallet.  Nothing beats the power and reliability of Dyson, or at least that's what every wedding registry will tell you. And since cleaning the house is a perennial task, you should invest in one that can capture every speckle of dust in your home and won't conk out in just a few uses.  The Dyson V6 Cordless Vacuum is an excellent choice — and it's on sale. This lightweight, cordless vacuum normally retails for $199.99, but Mashable readers can take one home today for only $179.99. And if you enter the code "GETNEW" at checkout, you can enjoy an additional 12% off. Read more...More about Dyson, Vacuum, Vacuum Cleaner, Mashable Shopping, and Shopping Stackcommerce

The data scientist behind the Cambridge Analytica scandal fires back at Facebook

Aeon - Mon, 23 Apr 2018 18:28:41 GMT
The scapegoat in Facebook's ongoing data privacy scandal is firing back at the social media giant. Aleksandr Kogan, the relatively unknown scientist who was paid by Cambridge Analytica for data he harvested from more than 87 million Facebook users, is speaking out in a series of interviews, where he explains that he was not a rogue app developer as Facebook has frequently implied, and that the problem could be much bigger than most people realize. SEE ALSO: How to find out if Cambridge Analytica stole your Facebook data Across several interviews over the weekend, Kogan has made a couple of things very clear: He wasn't the only developer harvesting and sharing data without the direct consent of users, and Facebook knew exactly what he was doing for years before it acted. Read more...More about Facebook, Data Privacy, Cambridge Analytica, Aleksandr Kogan, and Tech

21 Mother's Day gifts for the tech-savvy mom

Aeon - Mon, 23 Apr 2018 16:14:31 GMT
Paying back our moms for all that they do is no easy task. But we can always try come Mother's Day with some sweet, tech-centric gifts. SEE ALSO: Traditional anniversary gifts, reimagined for millennial couples Not all moms need special instructions just for turning on the TV. If your mom is the first to adopt the latest streaming device, knows all the iPhone hacks, and is even teaching you a thing or two, then these are the gifts for her. From portable tech that she can take to work to home gadgets that she can use around the house, these awesome tech gifts are sure to be right in her wheelhouse. Read more...More about Mother S Day, Gift Ideas, Mashable Shopping, Shopping List, and Shopping Skimlinks

Glowforge opens public orders for its desktop 3D laser cutter

Aeon - Mon, 23 Apr 2018 15:52:03 GMT
Hardware startup Glowforge, which makes a desktop laser cutter and engraver for home or office use, has finally opened up sales to the general public. The maker-targeted device, which can ‘print’ (read: engrave/laser cut) a variety of materials including leather, wood, acrylic, glass, and even the metal surface of a Macbook, starts at $2,495 for the entry […]

Best cheap laptops: 10 options for under $500

Aeon - Mon, 23 Apr 2018 15:51:09 GMT
So you're in the market to buy a new laptop? We have some advice: Don't let big tech companies with multimillion dollar marketing campaigns fool you into thinking you have to pay upwards of $1,000 to get a quality notebook. SEE ALSO: Amazon daily deals for Monday, April 16: Save on gaming laptops, Bluetooth headphones, camping gear, and more You can actually get a brand new one for less than half of that price. And we aren't talking about poorly made, subpar notebooks that run slower than your smartphone after the latest iOs update. We're talking about cheap laptops that are high-tech and responsive, helping you do the things that matter most, like writing, browsing the internet, storing files, and even gaming.  Read more...More about Acer, Laptops, Asus, Dell, and Mashable Shopping

What would an Amazon Alexa robot look like?

Aeon - Mon, 23 Apr 2018 15:39:29 GMT
Alexa may be getting some legs. A domestic robot powered by Amazon's digital assistant looks to be in the cards now that Bloomberg is reporting the e-commerce giant is developing some kind of automated servant for the home. Amazon is well on its way to creating prototypes of the robot, according to the report, with the aim to have it in consumers' homes as early as next year. SEE ALSO: Amazon Alexa spouted conspiracy theory when asked about chemtrails The exact goal of the project, said to be codenamed "Vesta," is unclear, but smart money is on some kind of mobile Alexa speaker that can move from room to room, extending the digital assistant's presence in a home. The idea is it would be equipped with sophisticated computer-vision capabilities so it could navigate a home like a Roomba robot vacuum. Read more...More about Amazon, Robots, Amazon Echo, Alexa, and Tech

Facebook really, really wants you to believe you’re not the product it’s selling

Aeon - Mon, 23 Apr 2018 15:28:03 GMT
There's a saying that predates the internet, but is often used to describe the omnipresent and free internet services like Facebook we use on a daily basis: "If you are not paying for it, you're not the customer, you're the product." This criticism has been frequently marched out in the fallout of Facebook's recent Cambridge Analyticia scandal, during which it was revealed that more than 87 million user profiles were improperly shared by academic Aleksandr Kogan to a political consulting firm that helped Donald Trump. SEE ALSO: Forget data. Free labor is Facebook's lifeblood Now, Facebook is taking major strides to fight back against the tsunami of criticism it's facing over user privacy. In a blog post published Monday, the company tried to address the idea that it's exploiting users for the purposes of mining data. The post says, in part: Read more...More about Facebook, Social Media, Data Privacy, Cambridge Analytica, and Tech

Save big on chargers by RAVPower, including wireless ones for $9

Aeon - Mon, 23 Apr 2018 14:37:33 GMT
You have plenty of gadgets, new and old, that need charging. Save big while RAVPower devices are on sale and charge them all. SEE ALSO: This glow-in-the-dark MFi-certified charging cable is just $20 Amazon has some great deals today on RAVPower chargers to keep your devices juiced up. From Qi-enabled wireless charging to USB devices, there are plenty of deals to help you make sure you don't run out of power.  Check out the RAVPower chargers on sale today: Wireless and ready This charging pad works with any newer phone like the iPhone X and Samsung Galaxy S9. It also features an indicator light to let you know when your device is done charging. You can save a whopping 82% on it today. Read more...More about Chargers, Mashable Shopping, Shopping List, Shopping Amazon, and Wireless Charger

Razer doubles down on Southeast Asia and payments with acquisition of MOL

Aeon - Mon, 23 Apr 2018 11:47:05 GMT
Gaming hardware maker Razer, which went public in a big IPO in Hong Kong last year, is doubling down on payments after it announced a deal to acquire MOL, a company that offers online and offline payments in Southeast Asia. Razer made an initial $20 million investment in MOL last June to supercharge its zGold virtual […]

The future of e-commerce in India increasingly looks like an all-American affair

Aeon - Mon, 23 Apr 2018 07:20:53 GMT
India’s technology industry is bracing itself for the next era of e-commerce warfare, which looks set to be waged and bankrolled by two gigantic corporations located halfway across the world: Amazon and Walmart. Amazon is already deeply committed to the country, where it has pledged to deploy more than $5 billion to grow its business, […]

Pivotal CEO talks IPO and balancing life in Dell family of companies

Aeon - Sat, 21 Apr 2018 18:51:02 GMT
Pivotal has kind of a strange role for a company. On one hand its part of the EMC federation companies that Dell acquired in 2016 for a cool $67 billion, but it’s also an independently operated entity within that broader Dell family of companies — and that has to be a fine line to walk. […]

Pivotal Software closed up 5% following IPO, raised $555 million

Aeon - Fri, 20 Apr 2018 21:29:09 GMT
Stock market investors showed lukewarm enthusiasm for Pivotal Software’s debut on Friday. After pricing the IPO at $15, the company closed the day at $15.73. Although it didn’t “pop” for new investors, pricing at the midpoint of its proposed range allowed Pivotal to raise $555 million. Its public company market cap exceeded $3 billion. The enterprise […]

Eventbrite acquires Spanish ticketing platform Ticketea

Aeon - Thu, 19 Apr 2018 14:33:54 GMT
Eventbrite has been shopping again in Europe — announcing today that it’s picked up Spanish ticketing firm, Ticketea. Terms of the deal have not been disclosed but we’re asking around. Update: One source pegs it at between €8-10M, while another says it’s closer to €12-15M (perhaps factoring in terms of any earn out). TechCrunch also understands it […]

Genetics testing startup Prenetics buys UK’s DNAFit to move into consumer services

Aeon - Thu, 19 Apr 2018 07:11:35 GMT
Prenetics, a Hong Kong-based startup that offers genetic testing services for patients, is expanding outside of Asia and into the consumer space after it acquired London-based company DNAFit. The deal — which a source told TechCrunch is worth $10 million — not only sees Prenetics enter new geographies, but also expand the scope of its services. […]

Another day, another $50 million ICO exit scam

Aeon - Wed, 18 Apr 2018 20:55:54 GMT
Savedroid, a German company that purportedly raised $50 million in ICO and direct funding, has exited with a bang. The site is currently displaying the above image and the founder — one Dr. Yassin Hankir — has posted a tweet thanking investors and saying “Over and out.” Thanks guys! Over and out … #savedroidICO pic.twitter.com/PMRtjlbEdD […]

Squarefoot raises $7M to give offices an easier way to find space

Aeon - Wed, 18 Apr 2018 13:00:12 GMT
While smaller companies are seeing a lot of new options for distributed office space, or can pick up a couple offices in a WeWork, eventually they get big enough and have to find a bigger office — but that can end up as one of the weirdest and most annoying challenges for an early-stage CEO. […]

Voicera scoops up AI note-taking app Wrappup

Aeon - Wed, 18 Apr 2018 11:56:21 GMT
Voicera wants to be the company that eliminates the need for human note taking once and for all. Their vision is an AI-driven voice recognition system that not only takes notes, but identifies speakers and summarizes key points and action items. Today, the company announced it had acquired a similar startup, Wrappup, an AI-fueled note […]

Wonolo picks up $13M to create a way to connect temp workers with companies

Aeon - Wed, 18 Apr 2018 11:15:46 GMT
AJ Brustein was out spending time with a member of his merchandising team when a nearby store ran out of stock of some goods — but there was no one on staff responsible for that location. Fortunately, the employee he was with had already showed him how to restock the shelves, and he offered to […]

Personably, software that helps on-board new hires at fast-growing companies, gets backing from GFC

Aeon - Wed, 18 Apr 2018 08:00:58 GMT
As fast-growing companies — or, dare I say, “scale-ups” — add new headcount, the pace at which they are able to on-board new hires doesn’t always keep up. In fact, I’m told it is not unheard of for new employees to turn up on day one apparently unexpected, and to be passed from pillar to […]

Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea

Aeon - Wed, 18 Apr 2018 03:00:42 GMT
Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round included returning investors Sequoia India, which led the Singapore-based startup’s Series A two years ago, Golden Gate Ventures and Alpha […]

Parsley Health picks up $10 million to reimagine healthcare

Aeon - Tue, 17 Apr 2018 15:00:50 GMT
According to Parsley Health, the average adult spends 19 minutes with their physician every year. Seventy percent of the time, these short visits result in the prescription of a medication. “According to the CDC, 70% of diseases in our country are chronic and lifestyle-driven,” said Parsley Health founder and CEO Dr. Robin Berzin. “And yet […]

Drift raises $60 million to be an Amazon for businesses

Aeon - Tue, 17 Apr 2018 13:00:59 GMT
When you’re raising venture capital, it helps if you’ve had “exits.” In other words, if your company has been acquired or you’ve taken one public, investors are more inclined to take a bet on anything you do. Boston -based serial entrepreneur David Cancel has sold not just one, but four companies.  And after a few years […]

LawGeex raises $12M for its AI-powered contract review technology

Aeon - Tue, 17 Apr 2018 12:00:49 GMT
Can Artificial Intelligence replace lawyers? Perhaps sometime in the distant future, but in the meantime AI is already augmenting the work done by legal professionals as startups race to reach that ultimate goal. One burgeoning player in the AI-powered legal tech space is Tel Aviv-based LawGeex, which has developed automated contract review technology to help […]

A16Z and Founders Fund sink $28M into IRL asset blockchain Harbor

Aeon - Tue, 17 Apr 2018 11:51:23 GMT
Harbor helps businesses legally issue cryptocurrency tokens that represent ownership of real-world assets like real estate, fine art, company equity, and investment funds. This “tokenization” might sound boring, but it could be a big business that unlocks trading of illiquid property. Harbor‘s intention to become a fundamental bridge between the offline and crypto economies has […]

Edtech startup Lingumi scores £1.2M seed funding to teach pre-school kids English

Aeon - Tue, 17 Apr 2018 08:00:31 GMT
Lingumi, the London and Cardiff-based edtech startup that teaches English to kids aged between 2 and 6 using an app and a range of physical products, has picked up £1.2 million in seed funding. Leading the round is ADV, with participation from existing backers LocalGlobe, and company builder Entrepreneur First (Lingumi was part of EF’s […]

Taiwanese startup Kdan Mobile raises $5M Series A for its cloud-based content creation tools

Aeon - Tue, 17 Apr 2018 06:05:17 GMT
Kdan Mobile, a Taiwanese startup that makes cloud-based software for content creators, announced a $5 million Series A today, raised from investors including W.I. Harper Group, Darwin Venture Management and Accord Ventures. Founded in 2009, the Tainan City startup says its products have been downloaded more 120 million times, with about 40% of its customers […]

Utah’s Pluralsight unveils IPO filing

Aeon - Mon, 16 Apr 2018 20:55:55 GMT
Pluralsight, the Utah-based education technology company, has revealed its IPO filing.  Given the timing of the unveiling, the company is likely targeting a May public debut. Its core business is online software development courses, helping people improve their skills in categories like IT, data and security. Businesses small and large pay Pluralsight to help train their […]

Glowforge opens public orders for its desktop 3D laser cutter

Fundings & Exits – TechCrunch - Mon, 23 Apr 2018 15:52:03 +0000
Hardware startup Glowforge, which makes a desktop laser cutter and engraver for home or office use, has finally opened up sales to the general public. The maker-targeted device, which can ‘print’ (read: engrave/laser cut) a variety of materials including leather, wood, acrylic, glass, and even the metal surface of a Macbook, starts at $2,495 for the entry […]

Razer doubles down on Southeast Asia and payments with acquisition of MOL

Fundings & Exits – TechCrunch - Mon, 23 Apr 2018 11:47:05 +0000
Gaming hardware maker Razer, which went public in a big IPO in Hong Kong last year, is doubling down on payments after it announced a deal to acquire MOL, a company that offers online and offline payments in Southeast Asia. Razer made an initial $20 million investment in MOL last June to supercharge its zGold virtual […]

The future of e-commerce in India increasingly looks like an all-American affair

Fundings & Exits – TechCrunch - Mon, 23 Apr 2018 07:20:53 +0000
India’s technology industry is bracing itself for the next era of e-commerce warfare, which looks set to be waged and bankrolled by two gigantic corporations located halfway across the world: Amazon and Walmart. Amazon is already deeply committed to the country, where it has pledged to deploy more than $5 billion to grow its business, […]

Pivotal CEO talks IPO and balancing life in Dell family of companies

Fundings & Exits – TechCrunch - Sat, 21 Apr 2018 18:51:02 +0000
Pivotal has kind of a strange role for a company. On one hand its part of the EMC federation companies that Dell acquired in 2016 for a cool $67 billion, but it’s also an independently operated entity within that broader Dell family of companies — and that has to be a fine line to walk. […]

Pivotal Software closed up 5% following IPO, raised $555 million

Fundings & Exits – TechCrunch - Fri, 20 Apr 2018 21:29:09 +0000
Stock market investors showed lukewarm enthusiasm for Pivotal Software’s debut on Friday. After pricing the IPO at $15, the company closed the day at $15.73. Although it didn’t “pop” for new investors, pricing at the midpoint of its proposed range allowed Pivotal to raise $555 million. Its public company market cap exceeded $3 billion. The enterprise […]

Eventbrite acquires Spanish ticketing platform Ticketea

Fundings & Exits – TechCrunch - Thu, 19 Apr 2018 14:33:54 +0000
Eventbrite has been shopping again in Europe — announcing today that it’s picked up Spanish ticketing firm, Ticketea. Terms of the deal have not been disclosed but we’re asking around. Update: One source pegs it at between €8-10M, while another says it’s closer to €12-15M (perhaps factoring in terms of any earn out). TechCrunch also understands it […]

Genetics testing startup Prenetics buys UK’s DNAFit to move into consumer services

Fundings & Exits – TechCrunch - Thu, 19 Apr 2018 07:11:35 +0000
Prenetics, a Hong Kong-based startup that offers genetic testing services for patients, is expanding outside of Asia and into the consumer space after it acquired London-based company DNAFit. The deal — which a source told TechCrunch is worth $10 million — not only sees Prenetics enter new geographies, but also expand the scope of its services. […]

Another day, another $50 million ICO exit scam

Fundings & Exits – TechCrunch - Wed, 18 Apr 2018 20:55:54 +0000
Savedroid, a German company that purportedly raised $50 million in ICO and direct funding, has exited with a bang. The site is currently displaying the above image and the founder — one Dr. Yassin Hankir — has posted a tweet thanking investors and saying “Over and out.” Thanks guys! Over and out … #savedroidICO pic.twitter.com/PMRtjlbEdD […]

Squarefoot raises $7M to give offices an easier way to find space

Fundings & Exits – TechCrunch - Wed, 18 Apr 2018 13:00:12 +0000
While smaller companies are seeing a lot of new options for distributed office space, or can pick up a couple offices in a WeWork, eventually they get big enough and have to find a bigger office — but that can end up as one of the weirdest and most annoying challenges for an early-stage CEO. […]

Voicera scoops up AI note-taking app Wrappup

Fundings & Exits – TechCrunch - Wed, 18 Apr 2018 11:56:21 +0000
Voicera wants to be the company that eliminates the need for human note taking once and for all. Their vision is an AI-driven voice recognition system that not only takes notes, but identifies speakers and summarizes key points and action items. Today, the company announced it had acquired a similar startup, Wrappup, an AI-fueled note […]

Wonolo picks up $13M to create a way to connect temp workers with companies

Fundings & Exits – TechCrunch - Wed, 18 Apr 2018 11:15:46 +0000
AJ Brustein was out spending time with a member of his merchandising team when a nearby store ran out of stock of some goods — but there was no one on staff responsible for that location. Fortunately, the employee he was with had already showed him how to restock the shelves, and he offered to […]

Personably, software that helps on-board new hires at fast-growing companies, gets backing from GFC

Fundings & Exits – TechCrunch - Wed, 18 Apr 2018 08:00:58 +0000
As fast-growing companies — or, dare I say, “scale-ups” — add new headcount, the pace at which they are able to on-board new hires doesn’t always keep up. In fact, I’m told it is not unheard of for new employees to turn up on day one apparently unexpected, and to be passed from pillar to […]

Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea

Fundings & Exits – TechCrunch - Wed, 18 Apr 2018 03:00:42 +0000
Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round included returning investors Sequoia India, which led the Singapore-based startup’s Series A two years ago, Golden Gate Ventures and Alpha […]

Parsley Health picks up $10 million to reimagine healthcare

Fundings & Exits – TechCrunch - Tue, 17 Apr 2018 15:00:50 +0000
According to Parsley Health, the average adult spends 19 minutes with their physician every year. Seventy percent of the time, these short visits result in the prescription of a medication. “According to the CDC, 70% of diseases in our country are chronic and lifestyle-driven,” said Parsley Health founder and CEO Dr. Robin Berzin. “And yet […]

Drift raises $60 million to be an Amazon for businesses

Fundings & Exits – TechCrunch - Tue, 17 Apr 2018 13:00:59 +0000
When you’re raising venture capital, it helps if you’ve had “exits.” In other words, if your company has been acquired or you’ve taken one public, investors are more inclined to take a bet on anything you do. Boston -based serial entrepreneur David Cancel has sold not just one, but four companies.  And after a few years […]

LawGeex raises $12M for its AI-powered contract review technology

Fundings & Exits – TechCrunch - Tue, 17 Apr 2018 12:00:49 +0000
Can Artificial Intelligence replace lawyers? Perhaps sometime in the distant future, but in the meantime AI is already augmenting the work done by legal professionals as startups race to reach that ultimate goal. One burgeoning player in the AI-powered legal tech space is Tel Aviv-based LawGeex, which has developed automated contract review technology to help […]

A16Z and Founders Fund sink $28M into IRL asset blockchain Harbor

Fundings & Exits – TechCrunch - Tue, 17 Apr 2018 11:51:23 +0000
Harbor helps businesses legally issue cryptocurrency tokens that represent ownership of real-world assets like real estate, fine art, company equity, and investment funds. This “tokenization” might sound boring, but it could be a big business that unlocks trading of illiquid property. Harbor‘s intention to become a fundamental bridge between the offline and crypto economies has […]

Edtech startup Lingumi scores £1.2M seed funding to teach pre-school kids English

Fundings & Exits – TechCrunch - Tue, 17 Apr 2018 08:00:31 +0000
Lingumi, the London and Cardiff-based edtech startup that teaches English to kids aged between 2 and 6 using an app and a range of physical products, has picked up £1.2 million in seed funding. Leading the round is ADV, with participation from existing backers LocalGlobe, and company builder Entrepreneur First (Lingumi was part of EF’s […]

Taiwanese startup Kdan Mobile raises $5M Series A for its cloud-based content creation tools

Fundings & Exits – TechCrunch - Tue, 17 Apr 2018 06:05:17 +0000
Kdan Mobile, a Taiwanese startup that makes cloud-based software for content creators, announced a $5 million Series A today, raised from investors including W.I. Harper Group, Darwin Venture Management and Accord Ventures. Founded in 2009, the Tainan City startup says its products have been downloaded more 120 million times, with about 40% of its customers […]

Utah’s Pluralsight unveils IPO filing

Fundings & Exits – TechCrunch - Mon, 16 Apr 2018 20:55:55 +0000
Pluralsight, the Utah-based education technology company, has revealed its IPO filing.  Given the timing of the unveiling, the company is likely targeting a May public debut. Its core business is online software development courses, helping people improve their skills in categories like IT, data and security. Businesses small and large pay Pluralsight to help train their […]

Press Releases

Investors have placed a one-way bet on Uber—which made us want to find a way to short it

Aug 05, 2016

http://qz.com/707947/investors-have-placed-a-one-way-bet-on-uber-which-made-us-want-to-figure-out-a-way-to-short-it/

In its first seven years of existence, Uber has irked cities, flouted regulators, and petrified whole industries. It has yet to make money but is worth a fifth more than BMW and almost a third more than General Motors, both the owners of tons of futuristic technology, tens of billions of dollars in capital equipment, and big profits. In recent deals resembling famous speculative bubbles, rich investors eager for a piece of this juggernaut have poured hundreds of millions of dollars into custom funds that provide exposure to Uber but no equity or financial disclosure.

Which is to say that investors have made a one-way, uber-bullish bet on Uber, forecasting that the company will be at the center of an utter transformation of our collective lifestyle. If not everyone is betting on it, they’re at least not betting against it. We can state that with some certainty because even if you want to short Uber—which you might wish to if only to hedge or to take on a bit of high-end risk—it is generally thought impossible to do.d.getElementsByTagName('head')[0].appendChild(s);


Press Releases

Verizon to Acquire Yahoo for $5 Billion

Jul 25, 2016

http://www.cnbc.com/2016/07/25/verizon-to-acquire-yahoo.html

On Monday, Verizon Communications announced the plans to acquire Yahoo for approximately $5 billion in cash.

Share prices of both companies moved slightly higher in premarket trading after the announcement, but turned lower. By early afternoon, Yahoo was down 2.7%.

Verizon president of product innovation and new businesses, Marni Walden said on CNBC that the deal included Yahoo’s core operating business and patents. Walden said that the acquisition will help the telecom company in building a media company as it gives them the scale to increase their audience from millions to billions.

The transaction seems to boost Verizon’s AOL internet business by providing access to Yahoo’s advertising technology.


Press Releases

Kadmon Holdings $100 Million IPO Terms Set

Jul 14, 2016

Kadmon was founded by former ImClone CEO Sam Waksal and which is now led by his brother Harlan Waksal.

The New York, NY-based company plans to raise $100 million by offering 5.6 million shares at a price range of $16 to $20, with certain insiders having indicated on buying 40% of the deal. Additionally, Kadmon filed documents for top shareholders who are selling 1.4 million shares. At the midpoint of the proposed range, the value of the common shares outstanding post-offering will be $613 million; with the inclusion of the 830,000 underwriter over-allotment if exercised, the value of the common shares outstanding post-offering will be $628 million.

Kadmon Holdings, a biotech developing kinase inhibitors for autoimmune disease, fibrosis and solid tumors was founded in 2009. They booked $38 million for the past 12 months ending March 31, 2016. The company plans to list on the New York Stock Exchange under $KDMN with target to go public week of July 25, 2016.


Press Releases

Kadmon Holdings, LLC Launches IPO

Jun 10, 2016

The Aeon Fund Team is pleased to announce that as of 7:52AM this morning, Kadmon Holdings LLC filed their S-1 with the SEC.

Kadmon Holdings is a fully integrated biopharmaceutical company that develops products addressing the following diseases: autoimmune and fibrotic, oncological, and genetic. With Kadmon’s multi-disciplinary approach, the company has developed a series of products and drug pipelines to combat serious and rare diseases.

The IPO is filed to offer up to $115,000,000 in common stock as well as $25,000,000 in convertible term loans for a total of $140,000,000.

Please see the S-1 filing
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Press Releases

Aeon Funds Launch Fiber Income Notes

Mar 22, 2016

(Newswire.net -- March 23, 2016) -- Aeon's newest investment opportunity, called Fiber Income Notes, are now available and have already been met with great enthusiasm. Investors seeking yield, security and favorable tax treatment have shown strong demand for the product. These Fiber Incomes Notes represent the second phase of the what began as an equity ownership in this long term project and partnership, acquired through the Aeon Fiber Opportunity Fund I, LP. The Aeon Fiber Opportunity Fund was launched in January, 2015.

Aeon Funds, along with operating partner, Delcom Telecommunications, a Florida-based "Fiber to the Home" telecommunications provider has developed an investment product that provides investors with a collateralized debt instrument, delivering a 6% yield, and offering tax advantages that are unique to income investments. The Fiber Income Notes have a 10-year term and are callable in 5 years at a 2% premium. Principal and interest payments are made monthly.

Brendan Rempel, one of the fund's managers, stated, " We have worked hard to satisfy the demand for an investment product that would diversify our client’s portfolios, and provide attractive returns with no correlation to the broader markets. In addition, we are able to allocate depreciation to the Fiber Note Holders that can be used against this income and other passive returns in investor's portfolios. In some cases, the Fiber Income Notes while yielding 6% could have a taxable equivalent yield of more than 10% depending on your tax bracket."

Don Smith, Founder and CEO of Delcom Telecommunications, Inc. summarized , we believe an investment in our active Ethernet fiber-to-the-home model is a perfect collateralized, technology-diversified, piece to add to any investors portfolio. It affords the investor solid sheltered income, but puts them in the forefront of participating in this state of the art technology that will truly future-proof the communities it services with unsurpassed bandwidth, spectacular picture quality and thousands of other products that are now, or will be, available in the near future to our customers.

The Fiber Income Notes are collateralized by the installed infrastructure and the subsequent revenue from the Long-term Bulk Service Agreements executed between Delcom Telecommunications and the Home Owner Associations in Florida that Delcom provides with service.

The increase in demand for streaming content is causing a major need for faster broadband speeds, and the trend will continue. Streaming services such as Netflix, Hulu, SKYPE and FaceTime, along with other similar services, are creating the need for greater bandwidth capacity. These services are best provided through Fiber to the Home (“FttH”), which has seen double-digit growth year over year, and keeps increasing at a steady pace. This growing demand for Video‐On‐Demand (“VoD”) is causing a simultaneous need for greater bandwidth, and could provide investors in this space a healthy return on investment.

THE OPPORTUNITY STARTS IN FLORIDA

Numerous developments have been passed over throughout the country, despite these locations profit potential. In Florida alone, tens of thousands of gated communities and high-rise condos have been passed over for upgrades. The Florida market alone represents a substantial opportunity for our partner Delcom and its investors to begin capturing the growing demand for FttH. Residential properties managed by homeowners’ associations (“HOAs”) in Florida typically sign long‐term Bulk Service Agreements (“BSAs”) of seven to fifteen years, guaranteeing payment to their providers. Delcom’s future proofing model, Florida’s growing population, and the frequent use of BSAs are the ideal mix of features for an attractive tax favorable alternative investment, such as the Fiber Income Notes.

There will be Limited Supply.

While there will be ongoing Fiber Notes issuances, the notes are in limited supply and expected to be in high demand. To learn more about this exciting opportunity, please click here or visit aeonfiber.fund. A representative of the fund can be reached at (732) 400-6102 or via email at info@aeonfund.com.

About Delcom,

Delcom, is a leading provider of community Solutions that combined the power of fiber with point-to-point delivery to the front door to open up a world of endless possibilities. To learn more please visit them delecomtele.net

About Aeon Funds

Invest in what's next. The Aeon Family of Funds is a collection of affiliated investment vehicles formed and operated to provide access to a variety of primary and secondary alternative investment products normally reserved for institutional investors. The Managers of each of the Aeon Funds focuses on finding, structuring, and offering opportunities for individual accredited and qualified investors to participate in the enterprises shaping our future.

To learn more about a specific Aeon Fund, please visit Aeon.Fund

Contact

Aeon Fund

(732) 400-6102

info@aeon.fund