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Feb.13 — The $800 billion grocery industry is keeping a sharp eye on a strip mall in the Woodland Hills neighborhood of Los Angeles. There, sandwiched between a nail salon and a bank branch, Amazon.com Inc. is working on the first in a new chain of grocery stores set to open this year. Bloomberg’s Brad Stone has more on “Bloomberg Markets: The
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We look at Rackspace’s finances, a Facebook code change causes numerous app issues and electric vehicle company Rivian raises $2.5 billion. Here’s your Daily Crunch for July 10, 2020. The big story: Rackspace is going public again The cloud computing company first went public in 2008, before accepting a $4.3 billion offer to go private
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Nanoleaf essentially created a new smart lighting category with its connected light panels, and since then it has iterated with its pixel-like Canvas, and most recently, its new Shapes Hexagons. The Hexagons already seem to be proving popular with customers, since they’re currently waitlisted, but I got the chance to spend some time with them
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LogDNA, a startup that helps DevOps teams dig through their log data to find issues, announced a $25 million Series C investment today along with the promotion of industry vet Tucker Callaway to CEO. Let’s start with the funding. Emergence Capital led the round with participation from previous investors Initialized Capital and Providence Equity. New
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Customer engagement company Freshworks today announced that it has acquired Flint, an IT orchestration and cloud management platform based in India. The acquisition will help Freshworks strengthen its Freshservice IT support service by bringing a number of new automation tools to it. Maybe just as importantly, though, it will also bolster Freshworks’ ambitions around cloud
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A beta version of Apple’s latest mobile operating system is available to the public, Coinbase may go public and researchers discover a frightening smartwatch vulnerability. Here’s your Daily Crunch for July 9, 2020. The big story: Apple releases public beta of iOS 14 Developers are no longer the only ones who can try out the
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