Yomee wants to take the guesswork out of culturing yogurt at home

 In a post-Juicero world, the bar has been set high for any piece of smart kitchen hardware that only makes one type of food. Enter Yomee, which bills itself as the Keurig of fresh yogurt and is now raising funds on Kickstarter. Lecker Labs, the startup behind Yomee, hopes that its relatively low price (each unit will retail for $99) and cost-savings will let it succeed where Juicero failed. Read More

Microsoft Excel is about to get a lot smarter

 Microsoft Excel users rejoice. Your favorite spreadsheet is about to get a lot smarter, thanks to the help of machine learning and a better connection to the outside world. As Jared Spataro, Microsoft’s general manager for Office, and Rob Howard, the company’s director of Office 365 ecosystem marketing, showed me during a briefing at the company’s Ignite conference today,… Read More

Equifax CEO Richard Smith has ‘retired’ following huge data breach

 Just over a week after Equifax’s chief security officer and chief information officer “retired,” the bungling credit company’s CEO has also made the same move. The company announced that Richard Smith has left his role as CEO and chairman of the board effective immediately following a huge security breach which is thought to have impacted as many as 142 million consumers. Read More

Transit raises another $5M from Accel to become a hub for public transportation

 Transit started off as a slick app that helped you get in a complex metro area with public transportation, but now CEO Jake Sion has higher ambitions than that: being the go-to spot for getting from point A to point B, regardless of method. WIth bike-sharing, ridesharing, carsharing, and plenty of other methods of transportation that you can plant “sharing-” at the front, Sion… Read More

AI startup Appier hires Sean Chu from Microsoft to head its Asia growth strategy

 Appier, the artificial intelligence startup that recently raised a $33 million Series C from three of Asia’s biggest Internet companies, has hired former Microsoft Japan marketing senior director Sean Chu to oversee its growth strategy. As Appier’s new chief strategy officer, Chu will be based in Tokyo and helm Appier’s operations in Japan and Korea. Read More

Oil prices to rise to $60 as OPEC likely to extend cuts – former Saudi adviser

Oil prices to rise to $60 as OPEC likely to extend cuts - former Saudi adviserOil prices may rise to $60 a barrel by the end of this year or by early 2018 as OPEC and non-OPEC producers are expected to extend supply cuts beyond March, while oil inventories continue to decline, a former Saudi energy ministry official said in a speech Washington on Monday. "With the current arrangement and commitment of major producers, and their willingness to adjust and extend the agreement, I believe as commercial oil stocks continue to contract, oil prices will gradually increase.