Odds and Ends 

Skymind raises $11.5M to bring deep learning to more enterprises

Skymind, a Y Combinator-incubated AI platform that aims to make deep learning more accessible to enterprises, today announced that it has raised an $11.5 million Series A round led by TransLink Capital, with participation from ServiceNow, Sumitomo’s Presidio Ventures, UpHonest Capital and GovTech Fund. Early investors Y Combinator, Tencent, Mandra Capital, Hemi Ventures, and GMO Ventures, also joined the round/ With this, the company has now raised a total of $17.9 million in funding. The inclusion of TransLink Capital gives a hint as to how the company is planning to…

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Odds and Ends 

Contentful raises $33.5M for its headless CMS platform

Contentful, a Berlin- and San Francisco-based startup that provides content management infrastructure for companies like Spotify, Nike, Lyft and others, today announced that it has raised a $33.5 million Series D funding round led by Sapphire Ventures, with participation from OMERS Ventures and Salesforce Ventures, as well as existing investors General Catalyst, Benchmark, Balderton Capital and Hercules. In total, the company has now raised $78.3 million. Contentful, a Stripe for content management, raises $28M led by General Catalyst Read more: https://techcrunch.com/2018/12/06/contentful-raises-33-5m-for-its-headless-cms-platform/

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Odds and Ends 

Ford to stop selling every car in North America but the Mustang and Focus Active

Ford today announced it will phase out most cars it sells in North America. According to its latest financial release, the auto giant “will transition to two vehicles” — the Mustang and an unannounced vehicle, the Focus Active, being the only traditional cars it sells in the region. Ford sees 90 percent of its North America portfolio in trucks, utilities and commercial vehicles. Citing a reduction in consumer demand and product profitability, Ford is in turn not investing in the next generation of sedans. The Taurus is no more. The…

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Headlines 

Ford Is About to Abandon American Sedans

Cars will be just 10% of its North American portfolio by 2020 Wall Street cheers CEO Hackett’s ‘bold and decisive action’ Ford Motor Co. has been synonymous with cars. But now Ford, one of the great engines of 20th Century American industry, is about to do the unthinkable: more lucrative models that the company hopes will secure its future as change tears through the global auto industry. What would Henry Ford think? What might seem like a radical departure for Ford has, in fact, been years in the making. The…

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Odds and Ends 

Facebook to exclude North American users from some privacy enhancements

There’s no way to sugarcoat this message: Facebook’s founder Mark Zuckerberg believes North America users of his platform deserve a lower data protection standard than people everywhere else in the world. In a phone interview with Reuters yesterday Mark Zuckerberg declined to commit to universally implementing changes to the platform that are necessary to comply with the European Union’s incoming General Data Protection Regulation (GDPR). Rather, he said the company was working on a version of the law that would bring some European privacy guarantees worldwide — declining to specify to…

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Headlines 

GM Shows Off New Silverado in Bid to Narrow Ford’s Pickup Lead

It’s going to be the year of the truck in the U.S., and General Motors Co. wants to steal back some market share. GM kicked off the Detroit auto show by revealing an all-new Chevrolet Silverado pickup, the first completely redesigned truck for the automaker since the 2007 model year. The pickup with have eight different trim levels, two new V-8 engines and shed as much as 450 pounds from the current model to save fuel. The redesign — a bigger overhaul than the 2014 refresh of the Silverado —…

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