Dean Takahashi / VentureBeat:
Game.tv raises $25M Series A led by Intel Capital for Tourney, its rapidly growing AI-powered esports platform focused on small gaming communities — Game.tv has raised $25 million in funding to build out Tourney, its AI-powered esports tournament platform for mobile games.
Lauren Thomas / CNBC:
Bonobos founder Andy Dunn to leave Walmart in early 2020, two years after selling his menswear brand to Walmart for $310M — KEY POINTS — The founder of Bonobos, Andy Dunn, is leaving Walmart, roughly two years after the company acquired the money-losing online apparel retailer …
Mark Gurman / Bloomberg:
Sources: Apple buys Spectral Edge, a UK startup whose tech improves the colors in photos by taking infrared shots and blending it with standard photos — - Spectral Edge technology improves colors in smartphone photos — Photograph is a key differentiator in the smartphone market
A recent spate of Ring camera hacks were part of a podcast livestreamed to Discord called “Nulledcast” in which Ring owners were hacked and harassed live on air — A blaring siren suddenly rips through the Ring camera, startling the Florida family inside their own home.
Report: Samsung to increase investment in its chip factory in China by $8B to boost production of NAND flash memory chips — SHANGHAI (Reuters) - Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday.
Alex Konrad / Forbes:
Profile of Canva, a graphic design app that CEO Melanie Perkins helped build from a yearbook-design business out of Perth into a profitable $3.2B Adobe rival — On a steamy May morning in 2013, Canva CEO Melanie Perkins found herself adrift on a kiteboard in the channel between billionaire …
Sean Lyngaas / CyberScoop:
Jeanette Manfra, assistant director for cybersecurity at DHS, will be joining Google Cloud as global director of security and compliance — One of the U.S. government´s most influential cybersecurity officials is heading to Google. — Jeanette Manfra will take a job at the tech giant´s cloud division …
Abe Othman / AngelList:
AngelList report: seed stage investors can increase their yields by investing into every credible deal, contradicting the common wisdom of passing on most — If you miss the best-performing seed investment, you will eventually be outperformed by someone who blindly invests in every credible deal.
Michael Potuck / 9to5Mac:
Twitter now lets users upload iOS Live Photos as GIFs, will preserve original JPEG quality for web uploads — In another update to how Twitter handles photos, the company today shared the news that users can upload Live Photos from iPhone or iPad and they will show as GIFs on the social media platform.
Sources: PE firm Francisco Partners and hedge fund Elliott Management are in advanced talks to acquire LogMeIn for over $4B and take the company private — - Firms in advanced talks, could announce deal in coming weeks — No final decision has been made and talks could fall through