Thursday 13th December 2018,
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Million

Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

Autodesk Autodesk president and CEO Andrew Anagnost. Autodesk this week agreed to buy construction software company PlanGrid for $875 million. The San Francisco-based start-up previously raised $69 million in funding from investors including YCombinator, Sequoia Capital and Tenaya Capital. PlanGrid enables real-time construction tracking for contractors and and architects. Autodesk “makes software for people who [...]

November 25, 2018 Loknath Das Technology Comments Off on Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

A $1 billion Gates Foundation-backed education initiative failed to help students – here’s how the foundation’s next $450 million project will look

A $1 billion Gates Foundation-backed education initiative failed to help students – here’s how the foundation’s next $450 million project will look

In 2009, the Bill and Melinda Gates Foundation launched an ambitious project to improve teacher effectiveness among certain primary and secondary schools in California, Florida, Tennessee, and Pennsylvania. The goal was to reform teacher evaluations. More effective teachers, the foundation predicted, would improve student achievement, raise graduation rates, and help low-income and minority students get into college. [...]

October 9, 2018 Loknath Das Education Comments Off on A $1 billion Gates Foundation-backed education initiative failed to help students – here’s how the foundation’s next $450 million project will look

Pacific Heights mansion, inspired by Art Deco era, asks $17.8 million

Pacific Heights mansion, inspired by Art Deco era, asks $17.8 million

Photos courtesy of David Bellings, Coldwell Banker Inching its way into the top five priciest properties on the San Francisco market, this circa-1917 manse in tony Pacific Heights is quite the stunner, especially for neo-Art Deco fans with an eye on the past. Coming in at six beds, five baths, and roughly 8,900 square feet spread [...]

March 10, 2018 Loknath Das Home Deco Comments Off on Pacific Heights mansion, inspired by Art Deco era, asks $17.8 million

IT Downtime Costs Businesses $1.55 Million Per Year, Report Says (INFOGRAPHIC)

IT Downtime Costs Businesses $1.55 Million Per Year, Report Says (INFOGRAPHIC)

Whether small or big, technology downtime is a concern for all types of businesses. Cost of a Tech Fail According to a new report by Ireland-based IT solutions company, ERS IT Solutions, on average IT downtime costs businesses $1.55 million every year. Technology Downtime Causes Loss of Work Hours Businesses do not only lose money due [...]

January 29, 2018 Loknath Das Business Comments Off on IT Downtime Costs Businesses $1.55 Million Per Year, Report Says (INFOGRAPHIC)

Apple’s $120 Million Patent Award From Samsung Upheld by US Supreme Court

Apple’s $120 Million Patent Award From Samsung Upheld by US Supreme Court

The US Supreme Court on Monday refused to step back into the years-long feud over patents between the world’s top smartphone makers, declining to hear Samsung’s appeal of a lower court ruling that reinstated a jury award of about $120 million (roughly Rs. 776 crores) in favour of Apple. The justices left in place a 2016 ruling by the US [...]

December 16, 2017 Loknath Das Technology Comments Off on Apple’s $120 Million Patent Award From Samsung Upheld by US Supreme Court

WhatsApp Fined $3.3 Million by Italy Over User Data Sharing Policy

WhatsApp Fined $3.3 Million by Italy Over User Data Sharing Policy

Italy’s antitrust watchdog said on Friday it was imposing a EUR 3 million ($3.3 million or roughly Rs. 35 crores) fine on messaging service WhatsApp for allegedly obliging users to agree to sharing their personal data with its parent company Facebook. All 28 European Union data protection authorities asked WhatsApp last year to stop sharing [...]

May 15, 2017 Loknath Das Technology Comments Off on WhatsApp Fined $3.3 Million by Italy Over User Data Sharing Policy

Art Deco Pac Heights penthouse asks $8.2 million

Art Deco Pac Heights penthouse asks $8.2 million

Photos courtesy of Joseph Lucier, Sotheby’s The top-floor unit at 1940 Broadway in Pacific Heights is on offer for a staggering $8.2 million, a sum liable to give house hunters a touch of vertigo even before they ascend to the penthouse level. The ad for the three-bed, two-and-a-half bath, 2,900-square-foot condo frames it as a [...]

May 12, 2017 Loknath Das Home Deco Comments Off on Art Deco Pac Heights penthouse asks $8.2 million

WhatsApp Says India Top Market for Video Calling Minutes; Over 55 Million Video Calls Made Per Day Globally

WhatsApp Says India Top Market for Video Calling Minutes; Over 55 Million Video Calls Made Per Day Globally

After intensive testing, WhatsApp started rolling out the video calling feature in November last year across all platforms globally. Now, after six months of the feature being live, WhatsApp confirms that India is the top country in the world to use the video calling feature. In India, a total of over 50 million video calling [...]

May 9, 2017 Loknath Das Technology Comments Off on WhatsApp Says India Top Market for Video Calling Minutes; Over 55 Million Video Calls Made Per Day Globally

Martin and Sandy Davidson list their Hollywood Hills West home for nearly $3 million

Martin and Sandy Davidson list their Hollywood Hills West home for nearly $3 million

lm director and writer Martin Davidson and his wife, designer Sandy Davidson, have put their home in Hollywood Hills West up for sale at $2.995 million. The residence, built in 1940, is the only property the couple looked at when they arrived in L.A. a little more than four decades ago. In the home originally [...]

February 2, 2017 Saheli Home Deco Comments Off on Martin and Sandy Davidson list their Hollywood Hills West home for nearly $3 million

New $2 million NIH grant aims to improve health of ‘grandparent caregivers’

New $2 million NIH grant aims to improve health of ‘grandparent caregivers’

As the number of grandparents caring for grandchildren full-time continues to swell, so do the stress-induced health risks associated with such a demanding responsibility. Now, a four-year, $2 million grant from the National Institutes of Health will allow researchers at Case Western Reserve University’s Frances Payne Bolton School of Nursing to refine and test a [...]

February 2, 2017 Saheli Health Comments Off on New $2 million NIH grant aims to improve health of ‘grandparent caregivers’

Prince Left Behind $25 Million in Real Estate, 67 Gold Bars

Prince Left Behind $25 Million in Real Estate, 67 Gold Bars

Prince didn’t just leave a great musical legacy behind. It turns out, the singer also had an eye for real estate. The singer had acquired $25.4 million worth of real estate and other personal property before his death, ET confirms, in addition to a horde of cash and 67 gold bars. RELATED: Prince’s Paisley Park [...]

January 8, 2017 Saheli Real Estate Comments Off on Prince Left Behind $25 Million in Real Estate, 67 Gold Bars

Report: Prince left behind $25 million in real estate, a cash horde, and 67 gold bars

Report: Prince left behind $25 million in real estate, a cash horde, and 67 gold bars

It turns out that Prince wasn’t just an incredible musician, but also a prolific real estate investor—and maybe a closet gold bug. The enigmatic singer had acquired $25.4 million worth of real estate and other personal property at the time of his death last year, according to a file released on Friday by Carver County [...]

January 8, 2017 Saheli Real Estate Comments Off on Report: Prince left behind $25 million in real estate, a cash horde, and 67 gold bars