Home improvement app Thumbtack has received $70 million in new debt financing. The funding — from Silicon Valley Bank (SVB) and Hercules Capital — will help Thumbtack access new capital and liquidity, the company said in a Wednesday (July 30) news release. “We are one...
As the boundaries between physical and digital spaces blur, the traditional home security landscape is undergoing a digital shift, with smart devices assuming an increasingly pivotal role in safeguarding modern, connected homes. Against this backdrop, Resideo, a provider of home security systems, recently announced its...
Apple is reportedly considering entering the personal robotics market. The company is exploring projects in this field as it looks for new opportunities for growth after ending its electric vehicle project, Bloomberg reported Wednesday (April 3). One project is a mobile robot for use in homes, while another...
Following recent reports of Apple discontinuing its decade-long Project Titan, its rival, Chinese tech giant Xiaomi, has swiftly entered the electric vehicle (EV) market with the formal launch of its much-anticipated electric car at an event in Beijing. With a competitive starting price of 215,900 yuan (about $29,860), Xiaomi...
April 04, 2023
The connected economy expands with each new activity consumers perform via digital means, and those are increasing, as the average consumer now engages in 28 digital activities monthly, compared to 24 one year ago. This and more are detailed in “The ConnectedEconomy™ Monthly Report: The Evolving Digital Daily Edition,” our latest study of connected economy […]
May 26, 2020
There is scarcely an aspect of life that has not been thoroughly disrupted by the COVID-19 pandemic. The crisis has also dramatically exposed the degree to which consumers, employers and...
January 01, 2020
If it’s not the holiest of holies for those involved in payments and commerce, it sure comes reasonably close. We are talking about the upcoming International Consumer Electronics Show, the...
June 08, 2018
The world is becoming an increasingly urban place. In the year 1950, only about 30 percent of the human population lived in a city. Howoever, as of 2014, 54 percent...
August 14, 2024
Apple is reportedly developing a device that combines an iPad-like display with a robotic arm, enabling it to perform tasks like adjusting to face the user during a video call. This is one of several projects the tech giant has undertaken as it aims to create new products, Bloomberg reported Wednesday (Aug. 14), citing unnamed sources. […]
July 31, 2024
Home improvement app Thumbtack has received $70 million in new debt financing. The funding — from Silicon Valley Bank (SVB) and Hercules Capital — will help Thumbtack access new capital...
April 03, 2024
Apple is reportedly considering entering the personal robotics market. The company is exploring projects in this field as it looks for new opportunities for growth after ending its electric vehicle project,...
January 29, 2024
Citing a tough regulatory environment, Amazon has called off its $1.7 billion purchase of iRobot. The tech giant announced Monday (Jan. 29) that its agreement to purchase the robot vacuum...