Automation Innovation

E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Today, Elavon, the payments company that is a subsidiary of US Bancorp, announced that it will acquire Sage Pay, one of the bigger...

David Blumberg Contributor David Blumberg is founder and managing partner of early-stage venture capital firm Blumberg Capital. More posts by this contributor The Ascent Of Early-Stage Venture Capital Funding of artificial intelligence-focused companies reached approximately $9.3 billion in the U.S. in 2018, an amount that will continue to rise as the transformative impact of AI...

The property industry — covering people and businesses that invest in, build, purchase or rent, and maintain property — is hugely fragmented when it comes both to data sources, and the companies that work within it. Today, a New York-based startup that is building a database that helps bring all...

Promises more audits completed in less time by Max Smolaks 1 November 2019 Canadian accounting software specialist CaseWare has launched an AI-driven product designed specifically to simplify the often-grueling process of financial audit. The platform, called AnalyticsAI, promises to grant auditors and business...

In advance of Jumia’s November financial reporting, it’s worth revisiting the company’s second quarter results, the downside of which included some negative news beyond losses. The Africa focused e-commerce company — with online verticals in 14 countries — did post second-quarter revenue growth of 58% (≈$43 million) and increased its customer...

Ben Horowitz, the co-founder of the venture firm Andreessen Horowitz, has a new book coming out this coming Monday titled “What You Do is Who You Are,” that takes a look at how to create “culture” at a company. It’s a word that’s thrown around a lot but very hard...

As more and more news businesses turn to paywalls and subscriptions, The Financial Times looks like an early model and success story — a few months ago the organization announced that it’s passed 1 million paying readers, with digital subscribers accounting for more than three-fourths of its circulation. Now The FT...

Despite early-stage virtual reality market and augmented reality market valuations softening in a transitional period, total global AR/VR startup valuations are now at $45 billion globally — include non-pure play AR/VR startups discussed below, and that amount exceeds $67 billion. More than $8 billion has been returned to investors through...

Volvo Group has established a new dedicated business group focused on autonomous transportation, with a mandate that covers industry segments like mining, ports and moving goods between logistics hubs of all kinds. The vehicle maker has already been active in putting autonomous technology to work in these industries, with self-driving...