Month: February 2020

‘Dark data’ is costing businesses vast sums

Almost half of all business data is “dark”, meaning companies are either unaware of its existence or unsure of its contents. Sitting dormant on servers, this unclassified data leaks cost and is impossible to monetise, therefore representing huge sums in untapped value, according to data management firm Veritas. Clearing out,…

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Xbox Series X could get a ten-year lifespan – with a little help from the cloud

Think physical gaming consoles are destined for the dustbin, especially with the rise of cloud gaming, streaming services, and platform-agnostic hardware?  Well, the next-gen Xbox Series X may have more life in it than the naysayers predict – at least according to Xbox boss Phil Spencer, who says to expect…

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Here’s what Grimes will be up to in Cyberpunk 2077

It’s been a good week for news on Cyberpunk 2077. First, we got confirmation that the sci-fi RPG will be coming to Xbox Series X as part of its new ‘Smart Delivery‘ promise. And now we’ve got an idea of what pop star Grimes’s character will be doing in the…

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Tier Mobility acquires Coup’s electric moped scooters

Tier Mobility operates a scooter service, the kick-scooter-with-a-motor kind. And it has acquired assets from Coup, a now defunct scooter service, the moped kind. Coup shut down late last year, and Tier Mobility plans to take over and start its own shared moped service. To be clear, Coup is over…

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B-Social, the UK fintech building a ‘social bank’, raises additional £7.8M ahead of rebrand

B-Social, the London-based fintech building what it calls a “social bank,” is announcing that it has raised a further £7.8 million in seed funding. Once again the injection of capital comes from “high-net-worth” individuals. They include Rudy Karsan from Karlani Capital, although most of the investors remain undisclosed. It brings…

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Fifth Wall Ventures’s new $100 million “retail” fund aims to back online brands that need real world space

Fifth Wall Ventures, a four-year-old, the L.A.-based, real-estate focused venture firm, has just closed a $100 million vehicle called that it’s calling its “retail fund.” The vehicle comes hot on the heels of a $212 million debut fund that Fifth Wall closed in 2017, which was itself soon followed by…

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