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USA

Read the latest news on startup companies in USA, entrepreneurs, funding, investments, tech news and successful businessman stories on Pixr8.

Uber Stripped Of London License
22Sep By reutersNo Comments
USA

Uber Stripped Of London License

London stripped Uber on Friday of its license to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world’s biggest cities. (more…)
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What Is At Stake For Uber In U.S. Bribery Probe?
21Sep By reutersNo Comments
USA

What Is At Stake For Uber In U.S. Bribery Probe?

A U.S. bribery investigation at ride-hailing company Uber Technologies Inc will likely go on for a year or more and could lead to snowballing legal and compliance costs if lawyers find systemic problems. Uber, which is the subject of a U.S. probe into whether it paid bribes oversees, has started a review of its Asia operations and notified U.S. authorities about payments made by staff to police officers in Indonesia, a person familiar with the matter has told Reuters. The following explains the possible fallout for the company. What is under investigation? Uber said in August that it was cooperating with a preliminary investigation led by the U.S. Department of Justice into whether its managers violated a 1977 anti-bribery law, known as the Foreign Corrupt Practices Act (FCPA). The...
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San Francisco Based Slack Raises $250 Mn From SoftBank Vision Fund
18Sep By PriyankaNo Comments
FUNDING, USA

San Francisco Based Slack Raises $250 Mn From SoftBank Vision Fund

San Francisco based Slack Technologies Inc. raises $250 million funding round led by SoftBank Group Corp.’s Vision Fund, valuing the startup at $5.1 billion. According to the reports, Slack will be utilising the funds for expansion in an increasingly competitive market for workplace messaging services. The Vision Fund was joined by Accel and other investors, Slack said on Sunday. Slack, which originally pitched as a dead-simple collaboration tool, is now looking to become more of a go-to for larger businesses as it faces a very competitive field with products from Microsoft and Atlassian. Slack earlier in this month reported that it has more than 6 million daily active users and has crossed around $200 million in annual recurring. ALSO READ   SoftBank Founder Masayoshi S...
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New Device Can Turn Heat Energy To Fuel
3Sep By AdityaNo Comments
USA

New Device Can Turn Heat Energy To Fuel

Scientists have developed a device that could turn the heat generated by electronics into a usable fuel source, an advance that may help save energy. The device is a multi component, multi layered composite material called a van der Waals Schottky diode, said researchers at Washington State University (WSU) in the US. It converts heat into electricity up to three times more efficiently than silicon - a semiconductor material widely used in the electronics industry, they said. "The ability of our diode to convert heat into electricity is very large compared to other bulk materials currently used in electronics," said Yi Gu, physicist at WSU. "In the future, one layer could be attached to something hot like a car exhaust or a computer motor and another to a surface at room temperatur...
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Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon
30Aug By AdityaNo Comments
Tech, USA

Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon

In the cloud wars, Google has teamed up with VMware and Pivotal its $2.8 billion valued spin-off against Amazon. Together they have come up with a solution called Kubernetes, a software project that started out as a way for Google to manage its massive server infrastructure and has since become a go-to tool for modern software developers . (more…)
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Was That An iPhone 8 That Tim Cook Was Carrying In His Pocket
29Aug By PriyankaNo Comments
Tech, USA

Was That An iPhone 8 That Tim Cook Was Carrying In His Pocket

People have been going crazy ever since last year to get a peek of Apple's new iPhone 8. The internet has been taken over with dummies of the iPhone 8 model and there are about a thousand videos describing about the probable specs of iPhone 8 alone. It is understood that the device is somewhere being tested in Apple's labs and very much exists. However, Apple CEO Tim Cook might be using one and he might have flaunted us a glimpse of it. Tim recently uploaded a picture of him with team members at CTS in Cincinnati, where he seemed to carry an iPhone 8 in his pocket. Besides there was no confirmation about it, people realized that the phone was too tall to be an iPhone 7 and too narrow to be a 7 Plus. "Looks like Tim Cook is carrying an iPhone 8 in his pocket. It is too tall to be an...
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Hyperloop One Makes History With World’s First Successful Hyperloop Full Systems Test
12Jul By AdityaNo Comments
News, USA

Hyperloop One Makes History With World’s First Successful Hyperloop Full Systems Test

Hyperloop One today announced the successful completion of the world's first full systems Hyperloop test in a vacuum environment. This test was Phase 1 of a multi-phase program and was privately conducted on May 12, 2017 at the company's test track, 'DevLoop' in the Nevada Desert. The vehicle coasted above the first portion of the track for 5.3 seconds using magnetic levitation and reached nearly 2Gs of acceleration, while achieving the Phase 1 target speed of 70mph. The company is now entering the next campaign of testing, which will target speeds of 250 mph. "Hyperloop One has accomplished what no one has done before by successfully testing the first full scale Hyperloop system. By achieving full vacuum, we essentially invented our own sky in a tube, as if you're flying at 200,000 feet ...
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