Google spares three Area 120 R&D projects, including team working on a ‘Gen Z consumer product’ By Stephen Hall, on April 1, 2020 The company’s in-house incubator for experimental products is shutting down three more projects, Area 120. According to an internal document obtained by 9to5Google, the teams behind the “Gen Z consumer product” and […]

Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours The outage affected Office 365, SharePoint, Dynamics 365, Azure Active Directory and more Microsoft today acknowledged that a major cloud outage that took down multiple Microsoft 365 services for more than four hours yesterday was caused by a “network […]

The thing we thought was happening with robotic investments is definitely happening A new study has found that the thing we thought was happening with robotic investments is definitely happening. Between 2013 and 2016, the number of American firms investing in robotics grew from 66 to 91. In that same time period, the number of […]

Sources tell us that Dell has acquired Cloudify, a cloud orchestration startup, for around $100M. This is a big win for Cloudify, which has raised $21.5M over the last four years. Cloudify enables developers to automate the deployment and management of cloud-based applications. It is used by some of the largest enterprises in the world, […]

Tier Mobility and Spin, two of the largest e-scooter companies in the U.S., are laying off a combined total of 100 employees. The cuts come as the scooter industry faces immense pressure to become profitable. Both companies have been burning through cash at a high rate as they expand rapidly into new markets. Tier, which […]

Google spares three Area 120 R&D projects The company has shuttered dozens of other “moon shots” in recent years Google has decided to spare three of its Area 120 experimental projects, despite shutting down dozens of other “moon shots” in recent years. Area 120 is the company’s in-house incubator for employees with innovative ideas, and […]

2022 European edtech report: Smaller rounds and fewer deals, but more angel activity The European edtech market is forecast to be worth €32.4 billion by 2022, a significant increase from last year’s €24.6 billion, according to the latest report frommagazine. Despite the overall European edtech market growth, the number of deals and the average deal […]

Meta will restore Trump’s Facebook account ‘in the coming weeks’ Meta will restore Trump’s Facebook account ‘in the coming weeks’ By Rebecca Kerr Facebook’s independent oversight body has overturned the social media giant’s decision to indefinitely ban Donald Trump from its platforms, saying the company “did not follow its own rules” when it made the […]

Google spares three Area 120 R&D projects The company has decided to keep working on a ‘Gen Z consumer product,’ an ‘in-car messaging service,’ and a music collaboration app. Google’s experimental R&D division, Area 120, has decided to keep working on three of its projects, according to a report from 9to5Google. The company has decided […]

Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates Tesla Inc reported $24.3 billion in revenue for the fourth quarter of 2020 on Wednesday, beating analysts’ expectations of $23.3 billion. The electric carmaker said it delivered 180,570 vehicles in the quarter, including 159,20 Model 3 and Model Y cars. Tesla said it expects […]