Silicon Alley Insider (134)

Goldman Sachs just poured $45 million into a company picking up Amazon's slack in the cloud

Goldman Sachs just led a $45 million investment round into Skytap, a 10-year-old cloud computing provider based in Seattle. Amazon Web Services is, far and away, the cloud computing market leader, but Skytap has found success by focusing exclusively on helping big businesses modernize their ...

This is why LinkedIn is betting big on letting people share videos

If you've been on LinkedIn recently, you may have noticed that some users are making and sharing videos, basically turning the social network into a more professional version of YouTube or Facebook Live. Following this initial testing period, video will soon be available to all users. On iOS and ...

THE SNAP 30: Meet the most important people who help Evan Spiegel run Snap Inc.

While CEO Evan Spiegel may be the ultimate decision-maker at Snap, he can't pull all the strings by himself. Since he started Snapchat with cofounder Bobby Murphy in 2011, Spiegel has surrounded himself with a team of seasoned deputies who oversee everything from the company's fledgling ad business ...

The explosive stock that's dividing Wall Street

Alibaba is up more than 90% in 2017, and it's been winning over some high-profile hedge fund managers The company's stock is still the most shorted in the world by a magnitude of two, and short sellers are refusing to throw in the towel despite losing billions of dollars Alibaba has soared to ...

Facebook really is losing teen users to Instagram and Snapchat

It's true: teenagers really do think Facebook is less cool than Instagram and Snapchat. That's according to a study by eMarketer, which predicted that monthly teen use of Facebook in the US and UK would decline faster this year than last year. Monthly users aged between 12 and 17 years old will fall ...

Online lender Zopa's revenue jumped 60% last year

LONDON — Peer-to-peer lender Zopa saw revenues leap 60% higher last year as losses narrowed. The online lender's revenue rose from £20.6 million in 2015 to £33.2 million last year, accounts filed with Companies House this week show. At the same time, losses narrowed from £8.8 ...

The price of Bitcoin and Ethereum is slipping but Bitcoin Cash is rising

Bitcoin and Ethereum, the two biggest cryptocurrencies by market value, are slipping on Tuesday, while Bitcoin Cash recovers after Monday's fall. Bitcoin is down 2.2% against the dollar to $3,912.36 at 11.15 a.m. BST , a one-week low. Bitcoin has been pulling back after a rapid rally last week ...

A promotional video from Intel showed an unreleased black Microsoft Surface Book

A new video from Intel's official YouTube channel showed what seems to be an all-black version of Microsoft's Surface Book. Microsoft only offers the Book in a silver coloration, so this could either be just a rendering or a first look at an updated model. Intel's video is about its ...

Samsung's AI assistant Bixby is finally launching in the UK and around the world

The long wait is over: Samsung's virtual assistant Bixby is finally launching in more than 200 countries, including the UK. As previously reported by The Verge, the South Korean electronics company's answer to Siri and Google Assistant is becoming available in Australia, Canada, South Africa, and ...

A broken Now TV update has left fans unable to stream 'Game of Thrones'

In a world full of spoilers, it's unwise to deprive "Game of Thrones" fans of their favourite show for long. But that's what happened on Monday night, when fans who use Sky's Now TV streaming service to catch up with the show were forced to install an update before watching the latest episode. The ...

Google will reportedly release a new Chromebook Pixel alongside the new Pixel phones later this year

Google is planning to release a new version of its own Pixel-branded Chromebook, according to a report from Android Police. The device would be a successor to 2015's Chromebook Pixel 2, whose sales were discontinued last year. No new Chromebooks were announced at Google's hardware event last Autumn, ...

10 things in tech you need to know today

Good morning! Here is the tech news you need to know this Tuesday. 1. Google officially unveiled the latest version of its mobile operating system. Android 8.0 is called "Oreo," and it will begin rolling out to Google's own Pixel and Nexus devices in the coming days and weeks, with more devices to ...

The price of Bitcoin and Ethereum is slipping but Bitcoin Cash is rising

Bitcoin and Ethereum, the two biggest cryptocurrencies by market value, are slipping on Tuesday, while Bitcoin Cash recovers after Monday's fall. Bitcoin is down 4.7% against the dollar to $3,810.39 at 7.20 a.m. BST , a one-week low. Bitcoin has been pulling back after a rapid rally last week ...

Steve Mnuchin's wife got into a bizarre war of words with a commenter on Instagram

Louise Linton, the wife of US Treasury secretary Steve Mnuchin posted a photo on Instagram that apparently got some unwelcome attention on Monday night. The photo shows Linton and Mnuchin stepping off of a government jet in Kentucky, with a caption that read, "Great day trip to Kentucky! #nicest ...

These graphs show how much Americans were freaking out about vision loss after the eclipse

Perhaps nothing captures the hysteria over Monday's solar eclipse than the things Americans were looking up on Google in the hours that followed. According to Google Trends data, several search terms related to vision problems spiked in popularity Monday afternoon around 3 p.m. Eastern Time — ...

A California Senator wants to make it illegal for VCs to sexually harass entrepreneurs

A California senator is hoping to create a new law to end sexual harassment in the venture capital world. Senator Hannah-Beth Jackson is introducing a bill this week that would explicitly prohibit sexual harassment by venture capitalists as an amendment to a current civil rights law. The bill, SB ...

30,000 people descended on Oregon for a festival that's like Burning Man for eclipse-chasers — here are the photos

The total solar eclipse has earned its own Burning Man-like festival. About 30,000 eclipse-chasers descended on Big Summit Prairie, Oregon, last week to camp, dance, and make cosmic connections at the Oregon Eclipse Festival, a weeklong tribute to the August 21 eclipse. It's possibly the biggest ...

Here's what the total solar eclipse looked like in 14 cities across the US

On August 21, parts of the United States are getting treated to a total solar eclipse — when the moon crosses between the Earth and the sun, and blocks out the sun's light. The full effect is only visible from a 70-mile-wide band of the country, stretching from Oregon to South Carolina. ...

THE BLOCKCHAIN IN THE IoT REPORT: How distributed ledgers enhance the IoT through better visibility and create trust

This is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. Blockchain isn't just for bankers anymore. Most of the buzz around the distributed ledger has focused on its uses in finance, where it ...

Eclipse-chasers came out in droves to watch the solar eclipse across the US — take a look

There's nothing like a rare astronomical event to bring Americans together. Eclipse-chasers came out in droves on Monday to witness a total solar eclipse — when the moon crosses between the Earth and the sun and blocks out the sun's light — at gatherings across the country. Total solar ...

If your eyes hurt after watching the solar eclipse, here's what you need to know

Staring at the sun without certified protective glasses could have caused eye damage called solar retinopathy. Usually people notice symptoms including blurry vision, discolored spots in vision, pain, or a loss of central vision by the next day. If you are experiencing any of these symptoms after ...

Google is rumored to be working on a mini Google Home to compete with Amazon's Echo Dot

Along with new Pixel smartphones, Google is apparently cooking up a smaller Google Home smart speaker device powered by artificial intelligence , according to Android Police. Few details exist about a smaller model of the Google Home, but there's a high likelihood that it'll simply be a smaller ...

Richard Branson just endorsed basic income — here are 10 other tech moguls who support the radical idea

It might seem odd for tech entrepreneurs to take an interest in income distribution policy. But an increasing number of high-profile Silicon Valley executives are endorsing universal basic income , a system in which everyone receives a standard amount of money just for being alive. Virgin Group CEO ...

Why your picture of the eclipse might have a little blue crescent hidden in it

On Monday, the entire US got to see a solar eclipse.  During the event, many people turned their cameras to the sky to get a snapshot of the eclipse in all its glory.  It was safe to take a picture through a smartphone, though the photos didn't get the NASA-level quality you'd see from an angle ...

Walmart has a futuristic new weapon in the war on Amazon

Walmart is plotting a floating warehouse that would dispatch products by drone. The retailer has applied for a patent for a warehouse that would dispatch products by drone, taking them straight to customers' homes, reports Matthew Boyle at Bloomberg. "The blimp-style machine would fly at heights ...

Microsoft's app store is overflowing with piracy apps offering access to free movies

It looks like Microsoft's app store has got a piracy problem. As first reported by torrent news site TorrentFreak, the company's app store rankings are full of apps that promise to let users watch Hollywood movies and TV shows for free. One that claims "all movies are FREE to watch" includes images ...

Amazon's private brands have gone from $0 to $2.5 billion in sales in less than a decade

It looks like Amazon has yet another multi-billion dollar business sitting in its backyard. The company has quietly launched around 20 private label brands — custom brands that you can't buy anywhere else — covering fashion, women's fashion, baby clothing, and snacks over the last few ...

HTC is cutting the price of its Vive virtual reality headset to respond to the Oculus Rift price cut

HTC is permanently cutting the price of its virtual reality headset, the HTC Vive, down $200/£200 to $599 in the US and £599 in the UK. As Engadget first reported, the news may be coming in light of the recent discount Oculus made to its own headset, the Rift. The Facebook ...

This electric unicycle charges in 45 minutes and can go 22 mph

This electric unicycle can be charged in less than an hour and can reach speeds of up to 22 miles per hour. Like a Segway or hoverboard, the Uno Bolt is an upright vehicle that uses gyroscopes to stay balanced. The main difference is that the Uno Bolt can stay balanced on just one wheel and requires ...

Gorgeous new supercomputer images reveal what the total solar eclipse might look like

No one knows exactly what the total solar eclipse will look like until it actually happens on Monday. But that hasn't stopped computer scientists from guessing. Nearly anyone in the US can see the moon partially block the sun on Monday, weather permitting. However, those lucky enough to be in the ...

Microsoft's AI is getting crazily good at speech recognition

Microsoft's speech recognition efforts have hit a significant milestone. It can now transcribe human speech with a 5.1% error rate, Microsoft technical fellow Xuedong Huang wrote in a blog post — the same error rate as humans. Microsoft actually thought it hit this point last year, when it ...

Google subsidiary Nest is reportedly working on a redesigned thermostat

A new image courtesy of notorious leaker Evan Blass shows what could be Nest's first big product redesign since 2011. The company, now a Google subsidiary, has introduced a number of smart home devices over the years, focusing primarily on thermostats. Their design, however, has remained largely ...

Google is bringing video previews to search results on mobile

Google is bringing video previews to search results on mobile, according to a report by TechCrunch. Whenever a relevant search result includes a video, the search engine will show a six-second long, silent preview generated by artificial intelligence. The feature will work inside iOS and Android's ...

Online hate crime will be punished 'as seriously' as offline abuse

People who dole out racist, sexist, or other hateful abuse online should now be punished "as seriously" as those who do it in person, according to new legal guidance handed to prosecutors in England and Wales. The Crown Prosecution Service, in its updated guidance, said it was pushing for stiffer ...

Bitcoin is back around the $4,000 mark

Bitcoin's rally is pausing, with the digital currency dipping below $4,000 briefly in early trade on Monday. Bitcoin surged against the dollar last week, breaking through $4,000 for the first time two Sunday's ago before peaking at $4,479. However, after pausing for breath on Friday, ...

App-only bank N26 now has half a million customers

LONDON — German app-only bank N26 has reached 500,000 customers, the startup announced on Monday. The Berlin-based firm said 200,000 new customers have signed up in the last five months and 1,500 people are signing up each day. Transactions have also jumped from €3 billion in March to ...

A new company is raising £150 million to invest in 'urban warehouses' and profit from the online shopping boom

LONDON — A new property investment vehicle is aiming to tap into the booming popularity of online shopping by investing in the "urban warehouses" used to deliver goods to people in cities. Warehouse REIT, a newly formed investment company, announced on Monday plans to raise £150 million ...

10 things in tech you need to know today

Good morning! Here's the tech news you need to know to start your week. 1. Former CEO of General Electric Jeffrey Immelt is reportedly at the top of the list of potential Uber CEO replacements. The former chief executive, Travis Kalanick, stepped down from the position in June, and the company has ...

Bitcoin fell back below $4,000

Bitcoin's rally is pausing, with the digital currency back below $4,000 in early trade on Monday. Bitcoin surged against the dollar last week, breaking through $4,000 for the first time two Sunday's ago before peaking at $4,479. However, after pausing for breath on Friday, traders have ...

A company that helps students in developing countries go to top universities has raised $240 million

LONDON — A fintech business that helps fund international students studying abroad has raised $240 million in debt and equity funding. Prodigy Finance has raised $40 million in equity funding from leading London venture capital funds Index Ventures and Balderton Capital, as well as ...

6 details you might have missed on season 7 episode 6 of 'Game of Thrones'

The latest episode of "Game of Thrones" focused heavily on the action north of the Wall, and we saw a few major characters meet their doom. While the battle between ice and fire raged on, here are some of the callbacks and references you might have missed. Follow Tech Insider: On FacebookJoin the ...

All the biggest moments from this week's action-packed 'Game of Thrones'

Warning: Huge spoilers for "Game of Thrones" season seven, episode six, "Beyond the Wall." If you aren't caught up on the series or the season, read at your own risk. This week's episode of "Game of Thrones," "Beyond the Wall," was one of the most anticipated of the season. After the amazing ending ...

The tech pioneer who helped found CNET is aiming to build a new digital media voice empire

Shelby Bonnie helped found CNET in the 1990s. Now he wants to build an artificial intelligence platform for a voice-controlled digital home of the future. Pylon ai aspires to be the connective tissue for media companies and advertisers creating content for devices like Amazon's Echo. The first ...

The cofounder of $1.3 billion startup Robinhood explains a 'logical fallacy' in investing

Robinhood, the $1.3 billion San Francisco brokerage firm, is known for introducing zero-commission trades. Cofounder Baiju Bhatt told Business Insider that his company, which is popular with millennials, will never lose sight of the first-time investor. The startup recently said its user base ...

Watch the Army test upgraded armor vehicles meant to counter increased Russian firepower

Watch the Army test upgraded armor vehicles meant to counter increased Russian firepower Join the conversation about this story NOW WATCH: These firefighting mules go where trucks and helicopters cannot

You can finally buy the most powerful Xbox ever made: The $500 Xbox One X

The next version of Microsoft's long running Xbox line of video game consoles is named Xbox One X. It costs $500, and launches November 7. You can pre-order one starting on Sunday. There's even a fancy "limited edition" version of the console — dubbed the "Project Scorpio Edition," in ...

This 18-year-old digital-currency millionaire thinks bitcoin could hit $10,000 a coin

Erik Finman may be only 18, but he's a millionaire, thanks to a very shrewd and early investment in bitcoin. And despite the recent tumult in the world of digital currency and a huge run-up in the value of bitcoin, Finman is still a bitcoin believer. By his reckoning, the cyber currency still has a ...

Travis Kalanick lasted in his role for 6.5 years — five times longer than the average Uber employee

Despite the high pay and jaw-dropping perks found across the tech industry, giants like Amazon and Apple can't avoid the job-hopping nature of today's workforce. The company with the longest average retention is Facebook, where employees spend around 2.02 years at the company, according to Paysa, a ...

The expensive, rare, and stylish sunglasses worn by Silicon Valley's top tech execs

Silicon Valley's tech elite don't define their status with the typical trappings of wealth. You generally won't find Tim Cook, Jeff Bezos, or other billionaire tech execs sporting expensive tailored suits or Rolexes like their high-powered peers in the rest of corporate America. Instead, they signal ...

Two Cambridge grads and a MoneySupermarket veteran raise £1 million to build the Airbnb of marathons

LONDON — An online sports listing startup has raised £1 million from a raft to tech, banking, and sporting figures to build the "Airbnb of endurance events" like triathlon and marathon. Let's Do This, founded 13 months ago, secured the seed funding in June but it has not yet been ...