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“FacePalm” Bug Is a Jarring Wake-Up Call. And Not Just for Apple

Xconomy

It was the first company in the world to reach a $1 trillion market capitalization, and it is the most valuable company in the world today. The Apple “brand” alone is valued in access of $200 billion and the company’s customer satisfaction and loyalty are reflected the way consumers view it. Apple is a global icon.

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Medallia Acquires Hospitality Software Startup Zingle for $42M

Xconomy

Businesses use the company’s software tools to help monitor customer satisfaction. The Medallia (NYSE: MDLA ) IPO earlier this year was one of a number of successful public market debuts by companies offering cloud-based software, often dubbed software-as-a-service. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out. In the 2-1/2 years since it was founded, Nervana raised roughly $25 million. (In

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Interview with Jeb Spencer, TVC Capital

socalTECH

The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. Jeb Spencer: The goal at TVC Capital is to do exactly this. These companies don't traditionally get venture capital. Talk more about your philosophy of investments?

Capital 168
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Abodu raises $20M to build prefabricated backyard homes

TechCrunch LA

Previous backer Initialized Capital also participated in the financing, along with Redfin CEO Glenn Kelman, former Stockton, California Mayor Michael Tubbs, GGV investor Hans Tung and Paradox Capital’s Kyle Tibbitts. “In Next, Abodu is eyeing the San Diego market.