Michael Marcano

Michael Marcano

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San Francisco software startup Gong is now worth $2.2 billion following a $200 million Series D, the company said. Gong sells what it calls "revenue intelligence" software, which analyzes customer data to help sales teams close deals. The round was led by Coatue, the technology-focused hedge fund, which has continued to make big investments through the pandemic.  Visit Business Insider's homepage for more stories. Artificial intelligence software startup Gong is the latest Silicon Valley unicorn following a $200 million Series D, the company announced Wednesday. Gong, which sells sells software that analyzes customer interactions for sales teams, is now valued at $2.2 billion following the funding round, which was led by the hedge fund Coatue, alongside Index Venture, Salesforce Venture and Thrive Capital. The new funding comes just months after raising a $65 million Series C in December. That round, led by Sequoia Capital, valued Gong at just $750 million, according to PitchBook.  Gong was founded in 2015 by CEO Amit Bendov, (previously best known as the former CEO of another unicorn big data startup, SiSense) and chief product officer Eilon Reshef. Its specializes in what the company calls "revenue intelligence," which automates data entry and data analysis with the goal of helping sales teams close more deals. It's used by 1,100 customers including big names like Autodesk, LinkedIn, Slack and Twilio, according to the company. Despite looming questions about how the coronavirus will impact the economy, Gong is far from the only startup to reach unicorn status during the pandemic. Rippling, an onboarding software company led by the controversial Zenefits founder Parker Conrad, raised $145 million at a $1.35 billion valuation in a funding round led by Peter Thiel's Founders Fund, with participation from Coatue. Coatue also participated in a $225 million funding round for the robotic process automation startup UiPath, which was already a unicorn but grew its valuation from around $7 billion to $10.2 billion. SEE ALSO: A female exec is suing $3 billion Carta, alleging that the CEO likened her to an alcoholic who needed to recover from her 'a--hole' problem Join the conversation about this story » NOW WATCH: Here's what it's like to travel during the coronavirus outbreak
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Twitch Prime has officially been rebranded as Prime Gaming, making it more obviously an Amazon service.
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Downloading and installing a Windows 10 ISO file allows you to install the latest Microsoft operating system.
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HBO Max has a $15 price tag, and it's effectively replaced HBO Go and HBO Now -- but there are some big gaps. The biggest: Max still isn't on Roku or Amazon Fire TV.
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Illustration by Alex Castro / The Verge Last night, the Trump administration issued a pair of stunning executive orders against Chinese technology companies, banning US transactions with the companies after a deadline of September 20th. Most of the immediate focus has been on TikTok, which was targeted through its parent company ByteDance — but the second order could have a far more unpredictable impact, targeting text app WeChat and its parent company Tencent. Tencent is one of the largest tech companies in the world, and it’s spent the last few years buying stakes in video game studios, music companies, and social media apps. It’s bigger than ByteDance, and with significant ownership stakes in Snap, Blizzard, Spotify, and others, it’s far more embedded in the global tech... Continue reading…
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In the latest saga of the techwar, Trump signs vague executive orders to ban transactions with Wechat and Tiktok owners in 45 days.
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How do outdoor security cameras stack up? We've compared popular options to help you choose.
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O'Rielly nomination pulled after he didn't support Trump's social media crackdown.
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We only have one trailer and a bit of speculation, but we've already learned a lot about the upcoming game.
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These electric scooters will help you navigate the streets of New York, San Francisco or wherever you are as things hopefully get back to normal.
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Proof-of-concept algorithm-matching system paves way for more complex recommendation engine Intel engineers, and academics from MIT and Georgia Tech, have built a neural network that predicts whether two snippets of code intend to achieve the same aim even if they're written differently.…
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RDNA 2 will power next-gen gaming, and rumors suggest the desktop counterparts could be monstrously powerful.
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It’s been a painfully long wait for the 2021 Lexus LC 500 Convertible. I’m a big fan of the LC 500 coupe, and like many was made that way the first time I laid eyes on its concept-stylings back in 2016. It’s a luxurious grand tourer that, even after several years on sale, still turns heads with its elegant design, … Continue reading
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Compared to daily battery life and longevity over time, AA readers really do not care about wireless charging.
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According to one online tipster, we can expect some big Apple reveals on September 8 and October 27.
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It’s difficult to tell just what exactly is happening between the Boys and the Deep in the new season two footage.
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(University of Rochester) In Physical Review Letters, University of Rochester researchers describe a new device, the "stretched-pulse soliton Kerr resonator," that creates an ultrafast laser pulse that is freed from the physical limits endemic to sources of laser light and the limits of the sources' wavelengths. "Simply put, this is the shortest pulse ever from a gain-free fiber source," says William Renninger, assistant professor of optics. Applications include spectroscopy, frequency synthesis, distance ranging, and pulse generation.
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Trustwave has discovered two vulnerabilities in ASUS's RT-AC1900P router which have now been patched.
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Mobile-focused video service Quibi previously blocked users from taking screenshots of its episodes, which stunted them from being memed or going viral on social media.
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Chinese manufacturer, Vivo, is getting ready to expand its S-series. According to popular Weibo leakster, Digital Chat Station, the Vivo S7 will come with a ... The post Vivo S7 image appears online – shows a rear matrix design appeared first on Gizchina.com.
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Huawei is gearing up to launch a new smartphone for its Enjoy series in the form of Huawei Enjoy 20s. This smartphone appeared on Chinese ... The post Huawei Enjoy 20s leaked in the wild appeared first on Gizchina.com.
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Or part, depending on interest.
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We break down the saga of the controversial Chinese telecom giant, day by day.
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Get the latest on coronavirus. Sign up to the Daily Brief for news, explainers, how-tos, opinion and more.The number of UK workers on company payrolls has fallen 649,000 during the coronavirus crisis, official figures have revealed, with another 74,000 jobs lost in June. The Office for National Statistics (ONS) said early estimates showed the number of paid employees fell by 1.9% year-on-year in June to 28.4 million. It said the pace of job losses appeared to have slowed in June, with claims under Universal Credit by the unemployed and those on low incomes falling by 28,100 between May and June to 2.6 million.However, the number of people claiming Universal Credit has more than doubled since March – soaring 112.2% or by 1.4 million – in a sign of the mounting jobs crisis.Meanwhile, unemployment figures painted a complex picture, with the rate of unemployment remaining unexpectedly unchanged at 3.9%.But experts said this figure masked a sharp fall in employment, down 126,000 in the quarter to 32.95 million, with the rate dropping to 76.4%.This decline was the steepest since 2011 and was driven mostly by a record fall in the self-employed, according to the ONS.Meanwhile, with 9.4 million people on furlough classed as employed, the true impact is expected to only be shown after the current support scheme ends in October.The data, which was released on Thursday, also showed that the number of job vacancies fell 463,000 between March and May to a record low of 333,000 as companies froze hiring in the face of the pandemic.Sara Wilcocks, head of communications at poverty charity Turn2Us said it was clear the UK was heading for an intense period of high unemployment. “Without intervention this will lead to mass personal debt, rising homelessness and increasing numbers of families going hungry,” she said. “The government introduced the furlough scheme to help millions of people keep their jobs at the height of the pandemic – they must now double down to protect people through the second phase of this crisis.“We urge the DWP to increase social security spending, eliminate the five week wait for Universal Credit and ensure that benefit conditionality is flexible to claimant’s needs and opportunities in their area.”Mims Davies, the government’s minister for employment, said: “We know that people are worried about their livelihoods which is why we’ve put in place a Plan For Jobs.“A crucial part of that is doubling the number of frontline work coaches so that every jobseeker gets support to find work as well as launching the Kickstart scheme to create hundreds of thousands of new, fully subsidised jobs for young people across the country.”
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Cloned kit had real IMEI and serial numbers, keeping the scam going for eight yearsUS federal authorities on Wednesday announced the arrests of 11 people from a group of 14 indicted for tricking Apple into accepting about almost 10,000 fake iPhones and iPads and replacing them with genuine iDevices.The US Attorney’s Office for the Southern District of California said it had served 11 search warrants covering two businesses and several homes and vehicles in the San Diego, California, area and come up with $250,000 in cash and 90 iPhones that will be tested for authenticity.Three individuals said to be involved in the scheme remain at large including Xiamon Zhong, believed to be in China, Charley Hsu of San Diego and Hyo Weon Yang of San Francisco.The raids stem from the indictments related to an alleged scheme to import fake iPhones and iPads from China, marked with IMEI and serial numbers copied from authentic devices, in order to return them to Apple for genuine replacements, which were then shipped back to China to be sold there.The US Attorney’s Office says three brothers, naturalized US citizens born in China, ran the operation – Liao Zhiwei, Liao Zhimin and Liao Zhiting – which led to losses Apple puts at more than $6m.
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This story requires our BI Prime membership.To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.
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New racing movie Ford v Ferrari is like a race car.It follows the exact same track.In the true story of a famous four-wheeled feud, Matt Damon and Christian Bale play real-life racing legends recruited by a moribund Ford Motor Company to build a car that will revive the American company's fortunes.The film is called Ford v Ferrari, but that's not really an accurate title, because the battle between Ford and Ferrari is only the framework of this true story.Logan director James Mangold turns your chair into a driver's seat as the camera skims over the road, mere inches off the asphalt.Windshield barely visible, gears clunking, engine roaring, each lap is a visceral, thrilling experience pulled off by split-second editing and muscular sound design as you live in that split second between victory and brutal car-shredding crashes.
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Something is causing oxygen levels on Mars to spike, and despite the best efforts of the Curiosity rover and NASA’s team sifting its data back down on Earth, right now scientists don’t know what’s causing it.Though it’s commonly known that the red planet doesn’t support human life in its current state, that doesn’t mean there isn’t any oxygen at all in its atmosphere.The majority is carbon dioxide, at 95-percent, with 2.6-percent molecular nitrogen, 1.9-percent argon, and 0.06-percent carbon monoxide making up the rest.Curiosity has been tracking the balance of gaseous molecules using a special tool, the Sample Analysis at Mars (SAM) instrument, since it landed on the planet six Earth years ago.That’s given the rover – and the scientists crunching through its returned data – three Martian years-worth of seasonal changes to examine.Like on Earth, there are air pressure changes on Mars that shift its atmosphere around.
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Apple's newest iPad Pro, rumoured for release as early as 2020, is set to feature a new 3-D sensor system that could enable compatibility with Apple-developed AR and VR headsets.According to Bloomberg, the new iPad Pro system will feature a new module with two camera sensors, and a "small hole" for a new 3-D system that enables reconstructions of rooms, objects and people, according to the report, with the technology also planned for the late-2020 iPhone release.VR and AR are technologies that have long been rumoured for Apple's product line-up, but thus far, the technology has failed to materialise.In fact, these rumours have been around since 2018, when CNET reported that Apple would start to focus on VR and AR in 2020.Now it looks like it will finally become a reality.The Bloomberg report claims that Apple is planning to release a combined AR and VR headset that focuses on gaming, watching videos and virtual meetings in either 2021 or 2022 — which would align with Apple's current gaming push.
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This poisoned chalice had better be deliciousA 10-digit dollar loss for Q2, hundreds of millions in forecast revenue clipped for the second half of the fiscal year, the ownership of business units being reviewed, and an admission that years of redundancies came home to roost.First up, the numbers for DXC's car-crash Q2 ended 30 September.Broken down by operating divisions, Global Business Services grew 8.2 per cent to $2.285bn, including sales from the acquired Luxoft.Profit margin fell to 15.7 per cent from 18.9 per cent, reflecting investments "in digital hiring, training digital talents, as well as the slower pace of cost takeout in complex countries", said CFO Paul Saleh on a conference call.However, it is Salvino's problem and there isn't a quick fix – this is a company challenged on multiple fronts.
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