Author: pekandesigns

 I’ve been chronicling the slow demise of B&N for years now, watching the company bleed out, drop by drop, until it has become a shell of its former value. B&N was a cultural center in places without cultural centers. It was a stopover on rainy days in New York, Chicago, and Cleveland and it was […]

 Tesla’s Model X is arguably the best performing SUV you can buy, so it’s fitting that Canada’s Ontario Provincial Police would select it for a cruiser demonstration vehicle, revealed at this week’s Toronto international car show. The Tesla Model X, a P90D model, features full OPP badging and black and white paint, as well as […]

 Fandor has expanded its executive team, promoting General Counsel and Chief Distribution Officer Felice Oper to the role of COO, and appointing TS Ramakrishnan as its Chief Product Engineering Officer. Oper joined the company in 2015, around the same time that Larry Aidem took over as CEO. Aidem, who previously worked with Oper at HBO, […]

 H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly-owned subsidiary of the grocery chain. The company first launched in 2014 at SXSW, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San […]

 In a first of its kind, half a dozen ICO companies have come together to collaborate on a new fund that plans to pay out more than $100 million to promising projects in the Ethereum crypto space. The vehicle — called the Ethereum Community Fund — will be supported by crypto projects Omise Go, Cosmos, Golem, Maker, and […]

 Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital, who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant to this week’s news. First up, we talked about Uber, […]

 Russian search and internet services giant Yandex has been working on its autonomous driving program, and its most recent achievement is a public self-driving pilot of its self-driving test car in Moscow, the first such test on public roads in the Russian capital. Yandex had an additional degree of difficulty to contend with, too: Their […]

 Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam… Read […]

 India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that specializes in automotive. Ford and other existing investors also took part in the round, Zoomcar confirmed. CEO and co-founder Greg Moran added that the round is still […]

 The Rise of the Rest seed fund’s first round of startup investments cover eight states that are usually overlooked by tech investors, including Kentucky, South Carolina and Ohio. The $150 million fund was launched in December by Steve Case and J.D. Vance, with backing from many of America’s most influential businesspeople, to support tech ecosystems […]