This morning Cisco announced that it is buying MindMeld for $125 million. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services. MindMeld, originally called Expect Labs, was launched on the stage of TechCrunch Disrupt SF 2012. At that time the startup wanted to build an iPad app that could listen in on your conversations and provide… Read More
http://ift.tt/2r3GTXR Cisco acquires conversational AI startup MindMeld for $125 million http://ift.tt/2q6LDOK
A thief, your kids skipping school or paranormal activity? That’s the question that Lighthouse aims to answer with its new interactive assistant. By combining sophisticated sensors with computer vision technology, the Lighthouse team hopes to deliver an experience that brings more day-to-day value than a mere home security solution. Coming out of Stealth today, the company is… 
Ontruck, a Madrid-based startup that has built an “on-demand logistics platform” to connect businesses directly with road freight carriers, has raised $10 million in Series A funding. 
As competition among them heats up, meal kit startups are expanding their repertoire, including by selling their dinner kits at groceries, and adding new products to their catalogs. Today, early meal kit player HelloFresh announced the availability of wines on their site beginning on May 17th. HelloFresh Wine subscribers will get six bottles of red, white or mixed varietals shipped to their… 
Twitter fell apart in 2013 when its growth slowed significantly in the face of competition and copying from Facebook, and users found it too hard to find the best content due to its unsorted reverse chronological feed. Its share price fell 18 percent a quarter later as the growth troubles continued. Snapchat fell apart today when its growth slowed significantly in the face of competition… 
With an eye on providing banking services later this year, online lending startup SoFi is planning to apply for an industrial bank charter in the next month, according to CEO Mike Cagney. If approved, it would become the first company to receive new industrial loan company (ILC) charter in a decade. 
Snap’s growth rate increased only slightly in Q1 2017 — a bad start to its first quarterly earnings report since going public. Snap hit 166 million daily active users at a growth rate of 5%, compared to the 158 million DAUs it had in Q4 when it hit a 3.2% growth rate. Snap’s year-over-year growth rate continued to slip, falling to 36% year-over-year from 48% in Q4. Snap… 
Snap may have had a successful IPO, but that was pretty much wiped out after it reported its first-quarter earnings — where it completely whiffed on what Wall Street was expecting. The company said it brought in $149.6 million in revenue with an adjusted loss of 20 cents per share in the first quarter this year. Meanwhile, analysts expected the company to report an adjusted loss of 16… 
Google today is updating its app and mobile web experience in the U.S. to help web searchers more easily find things to do – like concerts, art exhibits, lectures, festivals, meetups, sporting events, and more – which are happening nearby, either now or in the future. The company says it’s rolling out this new feature now because it sees millions of daily search queries… 
Facebook will bury links to low-quality websites and refuse to carry ads pointing to them in a News Feed algorithm change announced today. Facebook defines a ‘low-quality site’ as one “containing little substantive content, and that is covered in disruptive, shocking or malicious ads.” This includes hosting pop-up and interstitial ads, adult ads, or eye-catching but… 
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