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Butter raises $7M to end ‘accidental’ customer churn due to payment failure

TechCrunch

It was there that he realized there was an astounding number of subscriptions that failed to renew or even go through to begin with due to payment-related issues. Ultimately in 2016 alone, he helped the company recover over 10 million Xbox Live subscriptions, which resulted in over $100 million in recovered revenue. to $5 million.

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Tech News Review 19 July 2016

CTOvision

By Steven Norton Jul 18, 2016 7:32 pm ET Artificial intelligence is approximating human reasoning more and more closely all the time. Tesla Motors says the Autopilot system for its Model S sedan “relieves drivers of the most tedious and potentially dangerous aspects of road travel.” Mazor Robotics unveils new system.

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How Pariti is connecting founders with capital, resources and talent in emerging markets

TechCrunch

I nvestors can run extremely lean operations with access to proprietary deal flow, automated deal filtering and on-demand experts to support due diligence, research and portfolio support. Joining the expert platform on Pariti, he began to review companies and provided feedback to other founders.

Resources 251
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Vendease, a food procurement platform for African restaurants, nabs $30M led by Partech Africa and TLcom

TechCrunch

According to the company, most customers, including restaurants and food businesses, hospitals, hotels and schools, are subject to $100 billion in annual losses due to several factors. There’s a reason why Vendease is thorough about improving efficiency in this supply chain. Vendease founders. Image Credits: Vendease.

Hotels 252
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What is a liquid neural network, really?

TechCrunch

A differential equation describes each node of that system,” the school explained last year. With the closed-form solution, if you replace it inside this network, it would give you the exact behavior, as it’s a good approximation of the actual dynamics of the system. Want the top robotics news in your inbox each week?

Network 246
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Micromax, smartphone sales stalled, eyes a steer into electric vehicles

TechCrunch

The growth in its business helped the company partner with big tech companies like Google and Microsoft to launch smartphones based on their respective mobile operating systems. It wasn’t enough, though, and by 2016, Taneja was out. ” Micromax was challenged also due to a state-level move. billion in 2016.

Mobile 237
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Daily Crunch: ‘Strategic finance platform’ Mosaic raises $25M Series B

TechCrunch

This is not shocking due to the amount of venture capital being pumped into the sector. However, Cross River was not only an early recipient of fintech funding, getting $30 million back in 2016, but has been profitable since 2010. One of the changes you will notice is the launcher, which we report now leaves space for other windows.