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UiPath confirms $153M at $1.1B valuation from Accel, CapitalG and KP for its software robots
Last week, we reported that UiPath, a startup out of Romania building AI-based services for enterprises in the area of robotic process automation (RPA) — helping businesses automate mundane tasks in back-office IT systems — was about to close a big round, upwards of $120 million at a $1 billion-plus valuation. Today, the company is […]
Elon Musk joins #DeleteFacebook effort as Tesla and SpaceX pages vanish
In a jab against the embattled social network, Musk joked “What’s Facebook?” before deactivating his companies’ official pages. Elon Musk joined the #DeleteFacebook movement on Friday, taking down official pages for two of his companies, Tesla and SpaceX, after he learned apparently for the first time that the pages existed. The billionaire chief executive engaged […]
Driverless cars on UK roads by 2021 – really?
Image copyright Getty Images Remember the days when the Budget was secret and anybody who leaked it got fired? Well, nowadays much of it gets dribbled out days in advance and over the weekend there was an eye-catching leak – or rather Treasury press release – about new money for technology. The most striking element […]
Hammond to pledge 300,000 homes a year
“It is not acceptable to us that so many fewer young Britons are able to own a home” Philip Hammond says next week’s Budget will set out how the government will build 300,000 new homes a year. But the chancellor said there was no “single magic bullet” to increase housing supply and the government would […]
Apple acquired augmented reality headset startup Vrvana for $30M
As Apple reportedly ramps up work to ship an augmented reality headset in 2020, it has acquired a startup from Montreal, Canada that could help it get there. TechCrunch has learned that Apple has acquired Vrvana, maker of the Totem headset — which had rave reviews but never shipped. The deal was for around $30 million, two sources […]