AT&T is turning on 5G access for its new mobile hotspot this week

A little taste of 5G is coming early, courtesy of AT&T’s new mobile hotspot. The carrier announced this morning that it will be firing up limited 5G service in a dozen cities across the U.S. this Friday, currently only accessible via the Netgear Nighthawk 5G Mobile Hotspot. Announced in October, the device actually hit the ...

As NAACP kicks off boycott, Facebook says content moderation, infrastructure changes are coming in 2019

Facebook’s ongoing efforts to repair its image as a greedy, neglectful accessory to the spread of misinformation and other nefarious practices has taken a turn to civil rights and specifically how it serves non-white users, which proportionately account for the social network’s most active members. Today — the first day of #LogOutFacebook, a week-long boycott of ...

Cisco to acquire silicon photonics chip maker Luxtera for $660 million

As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmissions speeds over further distances. As a premiere networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera ...

Gift Guide: 6 rugged gifts for outdoorsy friends and family

Shopping for someone who prefers hiking and camping to the great indoors can be tricky. Not only are outdoor enthusiasts usually less impressed by traditional gifts (clothes, games, etc.) but their preferred realm of technical gear is vast and confusing. If you’d rather not go deep on the research yourself, we’ve got some solid touchpoints ...

Twitter warned of phone country code leak two years ago — but did nothing, security researcher says

A security researcher found a bug in Twitter’s support form two years ago that exposed the country codes of phone numbers attached to user’s accounts. At the time, his bug report was closed as it did “not appear to present a significant security risk.” Twitter now says that the bug may have been abused by ...

Seismic scores $100 million Series E investment on $1 billion valuation

Seismic has been helping companies create and manage their sales and marketing collateral since 2010. Today the company announced a $100 million Series E investment on a $1 billion valuation. The round was led by Lightspeed Venture Partners and T Rowe Price. Existing investors General Atlantic, JMI Equity and Jackson Square Ventures also participated in ...

Ada nets $19 million Series A to grow its customer service chatbot

Ada is on a mission to build chatbots powered by artificial intelligence. The company today is announcing a $19 million Series A that will go far in helping it reach that goal. The company sees the capital fueling international expansion and launching products into new verticals as well as doubling down on employees. Chatbots were ...

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7BN. We’ve confirmed the valuation is $1.5BN before including the new capital raised. We’re also ...

A month after $70M, Clearbanc raises $50M fund to front startups ad money

Clearbanc is disrupting startup funding by providing companies cash to buy ads in exchange for a revenue share so they don’t have to sell as much equity to venture capitalists. That idea has proven so appealing that 1000 companies seeking up to $1 billion total hit up Clearbanc since we reported it raised $70 million ...

How a Chinese anti-virus software maker builds a fintech firm to wrestle with giants

How a Chinese anti-virus software maker builds a fintech firm to wrestle with giants
360 Finance, an online consumer loan platform that spun off from China’s anti-virus service giant 360 Group, has joined a raft of Chinese fintech companies to go public in the U.S. over the last two years. The company priced its initial public offering at $16.50 per share last Friday, raising $51 million by selling 3.1 ...