Huawei cuts 600 jobs from its US research wing after being blacklisted

Huawei this week cut 600 positions from its Futurewei Technologies U.S. research arm, which operates out of Silicon Valley, Chicago, Washington State and Dallas. The move, which represents 70 percent of the division’s 850 roles, follows the hardware giant’s blacklisting by the U.S. government. Reuters initially reported the news via a source from the company […]

Inventables raises $11.5M for its desktop milling technology

Inventables announced this morning that it has raised an $11.5 million Series C. The round, led by Cue Ball, alongside True Ventures, Greycroft, Pipeline Capital and Draper Associates, brings the Chicago-based startup’s total funding cup to 21 million, per Crunchbase. The company specializes in desktop 3D carving — or subtractive manufacturing (not to be confused […]

TwelveSouth’s StayGo is the last USB-C dock you’ll ever need

The TwelveSouth StayGo is a new USB-C dock from a company that makes a ton of great and unique Mac and iOS device accessories. True to the company’s track record, it offers a slightly different take on a popular accessory category – and ends up excelling as a result. The StayGo’s unique twist is an […]

Arrcus snags $30M Series B as it tries to disrupt networking biz

Arrcus has a bold notion to try and take on the biggest names in networking by building a better networking management system. Today it was rewarded with a $30 million Series B investment led by Lightspeed Venture Partners. Existing investors General Catalyst and Clear Ventures also participated. The company previously raised a seed and Series […]

UVeye snaps up $31M for its hyper-detailed, AI-based drive-thru vehicle-scanning platform

The race is on for the car of the future, equipped with self-driving capabilities, on-board personalised information and entertainment, and an ever-smaller carbon footprint. Today, however, comes news of a startup that’s improving car performance from the outside. UVeye, a Tel Aviv-based company that has built a set of drive-through external scanners that can take […]