WeWork had also held discussions regarding investments from Uber Technologies. Discussions with Softbank are on-going and there is no certainty that it will result in a deal. The Wall Street Journal has reported citing sources familiar with the matter at… Read More ›
startup
Tesla’s former head of its Autopilot system caught poaching engineers from Tesla
Sterling Anderson former head of Tesla’s Autopilot system, and Chris Urmson, ex-head of Google’s self-driving program, have launched a startup in Silicon Valley by the name of Aurora Innovation. Tesla has sued the former head of its Autopilot system, which… Read More ›
Snapchat to acquire Cimagine Media for $30-$40 million
The deal, being Snapchat’s first Israeli acquisition, was supposedly driven by Cimagine Media’s skilled workforce rather than its augmented reality technology. Calcalist financial daily has reported that Snapchat is all set to acquire Cimagine Media, an Israeli augmented reality startup,… Read More ›