Author: pekandesigns

Drover, a London-based startup that lets you take out a “car subscription” as an alternative to car ownership, has picked up £5.5 million in seed funding. The round was led by VC firms Cherry Ventures, Partech and BP Ventures (the venture arm of BP), and adds to an earlier £2 million ‘pre-seed’ investment from Version […]

We had all but forgotten about Tamagotchis. But those attention-starved little creatures are coming back. Today, My Tamagotchi Forever launches on Google Play and the App Store. For those of you who didn’t ride the wave of handheld digital pets in the late 90s and early aughts, or those of you who are too young […]

Startup pitches invariably involve futures where the skies are thick with drones — delivery, transportation, emergency response. In that seemingly inevitable scenario, tracking and hunting down out of control and malicious unmanned vehicles will likely be a pretty lucrative field. It’s something Fortem’s been working on for a few years now. In May of 2016, […]

Maybe you’ve seen this kind of ad in a game you have played: your character dies and then the game asks you to watch a short video ad in return for an extra life. That’s actually a feature of Google’s AdMob advertising service, and today it’s extending this with playable ads, a new type of […]

France’s Economy Minister Bruno Le Maire criticized Apple and Google for the way they run the App Store and Play Store. According to him, Google and Apple have too much power against app developers. Le Maire will ask a court to look at it and fine tech giants if necessary. “When developers want to develop […]

Glasses have been en vogue for several years and with celebrities donning them on the Oscar’s red carpet, it doesn’t seem like the trend is about to fade away. One company that’s benefitted from and also contributed to the glasses craze is Warby Parker, which is getting another $75 million, led by T. Rowe Price, to […]

Disney this morning announced a strategic reorganization of its business in order to better reflect its current priorities in the areas of technological innovation, global expansion, the creation of high-quality content, and direct-to-consumer distribution – meaning its upcoming Netflix competitor. Under the new structure, Disney’s business will be reorganized into four segments: a new Direct-to-Consumer […]

Years after it was reported that the SEC was looking into improprieties at the once high-flying  blood-testing company Theranos, its founder, Elizabeth Holmes, and the company’s former president, Ramesh “Sunny” Balwani,” have been formally charged with massive fraud by the agency. The charge, more precisely: that the two raised more than $700 million from investors […]

ClassPass has today announced the launch of ClassPass Live, an at-home workout platform that connects users with fitness teachers via live video. ClassPass Live was first announced in December of last year. The company purchased a studio in Industry City, along with hiring instructors to develop a proprietary ClassPass workout for users and run classes. […]