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Articles related to "competition"


This CEO didn't want to go with traditional venture capital, so he challenged his employees to use this pitch deck to find individual investors. They raised $13 million from 70 people.

  • Karandish didn't feel venture capital was the right fit for his new business, a workplace automation tool called Capacity, formerly known as Jane.ai.
  • So instead, he encouraged Capacity's employees to bring in anyone and everyone they thought might be interested in backing the company's Series B with a competition to see who could bring in the most.
  • On Wednesday, Capacity announced it raised $13.2 million in its Series B from a total of 70 individual investors.
  • Karandish told Business Insider that his team had requests from almost 100 venture capital firms, but went with a broader range of angels, CEOs, and other individual investors for the round.
  • The company, which uses artificial intelligence to share workplace knowledge across teams, has now raised a total of $23.2 million since Karandish founded the Missouri-based company in January 2017.

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US soldiers got down and dirty in the desert to find the best sniper in the 1st Armored Division

  • FORT BLISS, Texas — The sharp crack of an M110 semi-automatic sniper system and a faint plume of sand are the only signs of activity across the glinting sands of New Mexico, as sniper teams engaged targets with unparalleled proficiency.
  • Sniper teams from 1st Armored Division competed in the Iron Sniper 2019 competition, hosted by 2nd Battalion, 37th Armor Regiment, 1st Armored Brigade Combat Team, 1AD, August 13-14 at Fort Bliss, Texas and Dona Ana Range Complex, New Mexico.
  • Sgt. John Sis, an infantryman assigned to 4th Battalion, 70th Armor Regiment, 1st Armored Brigade Combat Team, 1 AD and native of Annapolis, Maryland, alongside teammate Spc. Colin Clayton, a cavalry scout assigned to 6th Squadron, 1st Cavalry Regiment, 1ABCT and a native of Denton, Texas, won the competition, receiving an Army Commendation medal and the chance to represent 1AD.

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The Justice Department is working with states on tech investigation, antitrust chief says

  • The Justice Department is working alongside state attorneys general to investigate whether tech platforms like Facebook and Google are stifling competition in the industry, the department’s antitrust chief, Makan Delrahim, said.
  • The statement came only a day after The Wall Street Journal reported that a group of states would be moving forward with an antitrust investigation into the tech sector that could be formally announced later this month.
  • That new state-led probe would put more pressure on tech companies, some of which are already under investigation for potentially anti-competitive behavior by the Justice Department and the Federal Trade Commission.
  • Earlier this year, the House Judiciary Committee’s panel on antitrust opened an investigation into major tech companies like Facebook, Google, and Amazon in hopes of identifying how current law could be updated to better control the tech sector.

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States reportedly plan monopoly investigation of Google, Facebook, Amazon

  • Big Tech will soon be facing too many antitrust probes to count on one hand, as several states reportedly plan to launch their own joint investigation to accompany all of the federal inquiries already in progress.
  • The DOJ last month publicly confirmed its antitrust division was looking at the widespread "concerns that consumers, businesses, and entrepreneurs have expressed" about "market-leading online platforms." While the agency didn't name names, earlier reports suggest that the DOJ and the Federal Trade Commission agreed to split antitrust oversight, with the DOJ digging into Apple and Google, and the FTC looking at Amazon and Facebook.
  • Amazon, meanwhile, is facing a growing chorus of retailers asking for US regulators to join Germany, Austria, Italy, and the European Union, which have all launched separate antitrust probes into Amazon's behavior.

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State attorneys general to launch antitrust investigation into big tech companies, reports say

  • The state attorneys in more than a dozen states are preparing to begin an antitrust investigation of the tech giants, the Wall Street Journal and the New York Times reported Monday, putting the spotlight on an industry that is already facing federal scrutiny.
  • The bipartisan group of attorneys from as many as 20 states is expected to formally launch a probe as soon as next month to assess whether tech companies are using their dominant market position to hurt competition, WSJ reported.
  • If true, the move follows the Department of Justice, which last month announced its own antitrust review of how online platforms scaled to their gigantic sizes and whether they are using their power to curb competition and stifle innovation.
  • Because the tentacles of Google, Facebook, Amazon, and Apple reach so many industries, any investigation into them could last for years.

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AWS versus Google Cloud: Comparing Clouds [Mid-2019]

  • Just a few years ago, you could say that AWS was bigger and far more feature-rich but Google Cloud Platform was priced lower and the services they did offer were solid enough so, if they met your needs, they were a strong contender.
  • Their emphasis on affordability (they were the first cloud solution to provide to-the-minute billing and they offer increasing discounts as you use more resources), security, and performance have allowed them to continue growing even as AWS’s marketshare has also increased year over year.
  • The core components of a cloud solution are compute and storage resources so we’ll cover those options from both providers and then compare the important higher-level points of comparison like network coverage, security, and pricing.

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T-Mobile is outpacing the rest of the Big Four US carriers on value, loyalty, and satisfaction — here's what consumers say is most important when selecting a mobile provider

  • Although competition in the US wireless carrier market remains fierce, the price war among the Big Four US carriers — Verizon, AT&T;, T-Mobile, and Sprint — began to cool over the past year.
  • In an attempt to avoid further competition on price, carriers began shifting their focus to adding value to their mobile plans with new offerings to differentiate from the competition.
  • All of this means fostering loyalty and winning over new subscribers is more important than ever for the Big Four, making it crucial for these mobile carriers to understand consumer sentiment around their services.
  • In this report, Business Insider Intelligence uses consumer survey data from our proprietary panel, collected during 2017 and 2018, to evaluate which features are most important to consumers when selecting a mobile provider, as well as to determine which features would convince them to switch to the competition.

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AWS versus Google Cloud: Comparing Clouds [Mid-2019]

  • Just a few years ago, you could say that AWS was bigger and far more feature-rich but Google Cloud Platform was priced lower and the services they did offer were solid enough so, if they met your needs, they were a strong contender.
  • Their emphasis on affordability (they were the first cloud solution to provide to-the-minute billing and they offer increasing discounts as you use more resources), security, and performance have allowed them to continue growing even as AWS’s marketshare has also increased year over year.
  • The core components of a cloud solution are compute and storage resources so we’ll cover those options from both providers and then compare the important higher-level points of comparison like network coverage, security, and pricing.

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