FACEBOOK ACQUIRES MAPPING START-UP MAPILLARY

Highlights

• Mapillary has a street-level imagery platform
• Street-level data of Mapillary could help Facebook to bolster the maps

Facebook has acquired Swedish mapping start-up Mapillary. It is the part of an effort to take on Apple an...

IFB HAMBURG AND THE SENATE WILL HELP START-UPS IN THE REGION

Highlights

• The start-ups have to full few requirements in order to get aid from the government

• The Senators in Hamburg have claimed this decision extremely important for future growth of the state

The Senate and IFB Hamburg have decided of setting up an...

FASHIONTECH: KOREAN CLOTHING BRAND IMPLEMENTS AI TECHNOLOGY IN FASHION

The clothing start-up founded by Koreans Jun-Cheol Park and Jae Young Jun has implemented fashion data to increase companies’ sales. The 2015 launched startup uses an image recognition technology. This Artificial Intelligence technology with Deep Learning basis functions by recognizing or t...

VISA ANNOUNCED ACQUISITION OF SAN FRANCISCO BASED STARTUP CALLED PLAID

Startup Plaid is a financial tech firm located in San Francisco. The company developed a technology platform, which allows applications to connect with users’ bank accounts. Previously it had raised funds to 2.65 billion dollars in valuation.

Last year, the company doubled its num...