The top audio equipment makers are teaming up in a massive deal. Sound United, owner of the Polk Audio and Definitive Technology speaker brands, announced today that it’s acquired D+M Group, owner of the Denon and Marantz receiver brands plus Boston Acoustics speakers and Heos multi-room audio. The combined companies will be known as Sound United, led by it’s existing CEO… Read More
from TechCrunch
There can be no hype without a unicorn. China’s newest startup money pit — bicycle rentals on-demand — now has its first billion-dollar valued company.
The industry has sucked in more than $300 million from investors this year alone — that’s counting just one company — and now Ofo has become the first in the space to reach the much-coveted $1 billion… Read More
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Chinese travel site Qunar is all set to delist from the NASDAQ after it completed its sale to private equity firm Ocean Management. The deal was first announced last October and today it went through having gained shareholder approval earlier this week. The transaction values Qunar, which is backed by Baidu, at around $4.44 billion. The firm raised $167 million from its IPO in November… Read More
from TechCrunch
The phrase “3-D printer” typically brings to mind devices that churn out plastic objects like jewelry, toys, hardware prototypes or even prosthetics. Now, a startup building a 3-D food printer, BeeHex, has raised $1 million in seed funding to launch its first product, a pizza printer called the Chef 3D. Initially, BeeHex wanted to develop a printer that would be able to make a… Read More
from TechCrunch
We talked with Kevin Chou, co-founder and CEO of the gaming company Kabam, about his own both stressful and euphoric experience in running a gaming startup for roughly a decade before selling most of its assets in December to South Korea’s Netmarble Games for a reported $700 million. Read More
from TechCrunch
There is plenty of enterprise software for the white-collar workforce, but there still isn’t an ideal way to communicate with employees who aren’t sitting at a desk. That’s the thesis behind WorkJam, which is announcing $12 million in funding from Lerer Hippeau Ventures, Blumberg Capital, Founder Collective and NovelTMT.
The Montreal-based startup, whose clients include… Read More
from TechCrunch
Dubuc Motors, makers of the Tomahawk all-electric supercar prototype, recently announced that the Securities and Exchange Commission (SEC) had approved its filing for equity crowdfunding under the US JOBS Act Regulation A+. The company began a Testing the Waters campaign in 2016, when it revealed the Tomahawk prototype, and raised $6.1 million in initial funding reservations. Now that the… Read More
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PebblePost is betting that there’s a big marketing opportunity in printed postcards and catalogs. Read More
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Record labels refuse to allow streaming of remixes and hour-long DJ sets unless copyright owners get paid for every little sample. Dubset just raised $4 million to handle that legal mess so Spotify and Apple Music can offer these types of music which used to live illegally on SoundCloud. “This year will be huge in opening up this ecosystem” Dubset CEO Stephen White tells me.… Read More
from TechCrunch
Mozilla has bought content time-shifting app Pocket for an undisclosed amount, the companies announced simultaneously on their blogs. What started out as a handy Firefox plug-in for saving articles you didn’t have time for became more and more closely integrated with the browser, and today they’re making it official. Read More
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