Automation Anywhere expands into process discovery with FortressIQ acquisition

Automation Anywhere, which is best known for its robotic process automation (RPA) software, plans to expand the platform. This morning, the company announced that it intends to acquire process discovery startup FortressIQ. The companies did not reveal the purchase price. FortressIQ gives Automation Anywhere this missing process discovery component, which enables AI-fueled software to map […]

Skio raises $3.7M to help brands on Shopify sell subscriptions

Skio, a startup that aims to take the pain out of selling subscriptions for brands on Shopify, has raised $3.7 million in a seed funding round. Kennan Davison, an engineer who previously worked at Hulu and Pinterest, founded the startup in April. He describes Skio as a fintech and an infrastructure company as a pivot […]

SK Hynix gets China approval to take over Intel’s NAND business 

South Korean chipmaker SK Hynix said on Wednesday it has received merger clearance from the Chinese antitrust authority for its $9 billion acquisition of Intel Corp’s NAND and SSD (solid-state drive) business, clearing the final hurdle to completion of securing regulatory approval in eight jurisdictions.  Last October, the U.S. chip giant and SK Hynix reached the […]

Despite scrapped IPO, Babbel sees fast growth for its language learning service

Berlin-based language learning service Babbel was supposed to IPO on the Frankfurt stock exchange in late September. But only a few days before the initial listing the company pulled the plug with an eye on the developing Evergrande debt crisis that made the global stock markets very nervous. It has yet to announce a new […]

This Dapper Labs-backed company is turning Dr. Seuss characters into NFT trading cards

Back in 2012, a Brooklyn-based mobile apps development startup was hired to do a job by the 83-year-old trading card company Topps. For that Brooklyn outfit’s president, Erich Wood, a UCLA graduate who’d studied economics and loved trading cards, the opportunity not only sounded fun but would change his trajectory. At the time, Topps had […]

Global stakeholders should use AI to mitigate impact of heat islands in cities

Interventions involving public health officials, enterprises, governments, communities, nonprofits and tech partners are the way to democratize technology and rectify urban heat island devastation.