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May 11, 2018

Google I/O recap

Google I/O, the Big G’s annual developer conference, crammed in a mind-boggling number of demos and announcements to show off advancements in everything that the tech behemoth touches. These are the changes that’ll you’ll use every day on your phone, your work and your home.

The most important updates come to Google Assistant, Android, Google Maps and AR.

Google Assistant adds lifelike voices

Google Assistant stole the show at I/O 2018. In addition to announcing a ton of useful features for its voice controlled digital helper, Google showed off Duplex. Holy crap, Duplex. If you haven’t seen it in action yet, please watch [...]

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April 23, 2018

This new venture fund has more than $180 million to invest in interactive entertainment startups

Most brand-new venture funds don’t start life with $180 million in capital commitments, especially if they are launched by people who have not worked as venture capitalists before, and particularly not if those people want to focus narrowly on the global interactive entertainment industry.

That Makers Fund is the culmination of all of these things makes it one of the more interesting debut funds about which we’ve heard (and we hear about a lot of new venture funds).

We talked earlier this week with firm cofounder Jay Chi, who previously spent eleven-and-a-half years at McKinsey & Co., where he says he led its global video games practice. We asked how he and [...]

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April 22, 2018

500 Startups takes strategic investment from Abu Dhabi Financial Group

500 Startups, the U.S.-headquartered VC firm hit by scandal last year after co-founder Dave McClure resigned following allegations of sexual misconduct, has announced an unconventional deal that sees Abu Dhabi Financial Group (ADFG) take a stake in its parent company.

It is normal for VC firms to work closely with big corporates as LPs that supply money for their funds — the Middle East has proven to be fertile hunting ground for the likes of 500, Uber and Softbank — but direct investment in parents is not common in VC-land. ADFG has been an LP with 500 for some time and Christine Tsai, who heads the VC firm up, said there is “strong alignment on vision and [...]

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April 21, 2018

1Password replaces Teams Pro with new business plan

Popular password manager 1Password has a new subscription product aimed at business users with larger teams. The new offering, 1Password Business, replaces the Teams Pro plan — with what’s billed as additional features and “flexibility”. (Although existing Teams Pro users can choose to say on it for now, or opt to switch to Teams or Business if they wish.)

1Password Business is priced at $7.99 per user, per month, which includes a free 1Password Families membership for each user — to extend workplace security hygiene to employees’ home computing environments too.

“1Password Business provides the features you need as a larger team. It gives you the tools to protect your [...]

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