Online accommodation marketplace Airbnb, Inc. is raising a new round of $850 million on a $30 billion valuation, according to a filing the company made with the State of Delaware. According to Bloomberg, the filing did not indicate who made the investment, and Airbnb has declined to comment. The valuation figure on the round is ...

Apple, Inc. has made a serious play in the artificial intelligence (AI) space by acquiring machine learning startup Turi, Inc., a company previously known as both Dato and GraphLab. The acquisition price is believed to be $200 million according to Geekwire who broke the story. Founded in 2013, Turi offers a machine learning platform that ...

Two men in Houston, Texas have been arrested for stealing over 100 vehicles by using a laptop computer to hack into the cars to start them. Michael Arce, 24, and Jesse Zelaya, 22, were arrested last weekend after officers caught them stealing a Jeep Grand Cherokee with a laptop and then driving it to southwest ...

Facebook announced Thursday that it was changing the way its news feed selects stories by penalizing sites and stories that use clickbait headlines to attract traffic. The company explained the changes as being about making sure the news feed delivered “authentic communication” to users, who are said to like seeing authentic news stories the most. ...

Soon to be Microsoft Corp. owned business-oriented social networking site LinkedIn Corp. beat market expectations with revenue surging in its second quarter financials in what is to be its last report as an independent company. For the quarter ending June 30 the company reported revenue of $933 million, up 31 percent from the same quarter ...

Bitcoin merchant services provider Coinify ApS has raised $4 million Series A in a round led by SEB Venture Capital that included SEED Capital Denmark. Founded in 2014, Coinify offers a blockchain payment service platform with a focus on extending blockchain currency payment processing and trading services to merchants and consumers respectively. The company’s platform ...

Bitcoin surveillance startup Elliptic Enterprises Ltd. has signed a deal with LexisNexis Risk Solutions to bring the latter’s anti-money laundering risk management data into its bitcoin transaction monitoring and compliance products. With the combination of the data both companies are hoping that the service will deliver bank-grade Anti-Money Laundering (AML) regulations to bitcoin transactions allowing ...

Parents who don’t want to expose their children to advertising on YouTube videos now have an option of paying for the privilege with the video giant announcing that its YouTube Kids app now supports YouTube Red in the United States, Australia, and New Zealand. If you’re not familiar with either product YouTube Red was launched ...

The emerging battle for online television services is heating up with news Wednesday that Time Warner, Inc. has taken a 10 percent stake in streaming and video on demand service Hulu LLC. According to reports Time Warner acquired the stake for $583 million in cash, valuing Hulu at $5.83 billion; The Walt Disney Company, 21st ...

Intel Corp. has issued a safety recall of its Basis Peak fitness watch after it was discovered that it could burn the person wearing it. The recall follows attempts by the company to update software on the watch to address the overheating issue. “We are issuing this safety recall of the Basis Peak watch because ...