A top tariff on Samsung’s latest smartphone – Samsung Galaxy S20 FE deals don’t come better than this 45GB data offering on O2.
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We’ve searched for the ultimate partnering of smartphone and lens, and here are the 10 best camera phones.
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Become a holiday hero without destroying your budget. These are genuinely great items at genuinely great prices.
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Republicans have repeatedly accused Facebook and Twitter of political bias. The companies deny it.
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All the flexibility of a dedicated server – but without the cost.
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It’s the best time of the year to save on new TV.
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Considering a new thermostat? Start here.
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Two NFC North foes moving in opposite directions face off in Chicago tonight on ESPN.
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The last thing I recall thinking about C3.ai (C3) was seeing its billboards outside San Francisco and asking myself what the hell the company actually did and how much it was spending on a huge outdoor advertisements.
So much for what I know. The company filed to go public on Friday, and instead of being a cash-burning, buzzwordy mess, C3 is actually in pretty good financial shape, generating both growing recurring software revenues and cash in some quarters.
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C3’s growth is not as regular as some investors might like, but the company has an attractive gross margin profile and even the occasional bit of net income to point to. Its financial picture is therefore generally likable, with a few caveats that we’ll explore.
But what does C3 do, who backed it, and what can we learn from drilling into its numbers? I am glad you asked, because those were precisely the questions that I had going into its filing.
Pull up the document here, and let’s get into the numbers.
First, what is C3? The former startup calls itself an enterprise artificial intelligence (AI) company, selling software services that help big companies build AI apps “of extraordinary scale and complexity that offer significant social and economic benefit,” according to its S-1.
The company sells its software in two forms: as a developer environment that lets customers design, build and deploy their AI apps on their cloud of choice, and as a group of pre-built apps users can spin up quickly. If C3 were a startup, I’d ask at this point how efficacious its AI tooling really is, but as this unicorn is worth $3.3 billion and has nine-figure revenue, it must have come up with something that works.
A host of venture capital firms have invested in C3, with the company raising more than $360 million during its lifetime, according to PitchBook data. BlackRock led its Series H, FS Investors led its Series G, its $100 million Series F was led by TPG, Breyer Capital led its Series E, TPG Growth led its Series D, while its Series C and before are a little harder to parse, but it appears that Makena Capital Management and Interwest Partners were active at that stage.
Looking to ownership, founder and entrepreneur Thomas Siebel owns just under 34%, TPG owns 22.6%, and Baker Hughes owns around 15%. The company’s voting power rests in its Class B stock, which Siebel effectively controls.
Right now, is the business itself any damn good?
C3 has an annoying fiscal year, a twelve-month period that ends on April 30th. So, when we discuss its most recent two fiscal years, we’re chatting about the four-quarter periods that ended onm April 30, 2019 and April 30, 2020. Afterwards, we’ll drill into the July 31 quarter, the most recent period for which we have data.
Source: TechCrunch
Spotify today launched a new feature designed to give podcast listeners a new way to organize and save content they want to listen to at a later time or keep their favorite episodes bookmarked for easy access. The feature, called “Your Episodes,” lets you bookmark individual episodes from any podcast, which are then added a new “Your Episodes” playlist.
This playlist is found pinned to the top of Your Library in the Music Playlist and Podcast Episodes tabs, says Spotify.
The new option could be useful for those times when a podcast you don’t normally subscribe to has a show you want to listen to — like an interview with a favorite celebrity, for example, or a discussion about a topic you’re passionate about. It could also be used to sample a podcast you’re unsure of by adding a couple episodes to a playlist to see how well you enjoy its content.
For example, if Spotify recommended a particular podcast based on your current listening habits, you could visit the show’s page and create a custom playlist of the episodes that looked most interesting.
In addition, users could take advantage of this new bookmarking feature to save favorite episodes they may want to listen to again at some point.
To save an episode, you’ll just click the “+” plus icon on an episode card or an episode page to add the show to the playlist. The playlist can include up to 10,000 episodes, Spotify says, and they’ll remain there until they’re manually removed.
Spotify has dabbled with podcast playlists before today. Last year, it began allowing users to add podcasts to their playlists and launched a combo music-and-podcast playlist for commuters called “Your Daily Drive.” Earlier this year, Spotify also rolled out a set of editorially curated podcast playlists to encourage discovery.
The new save feature simplifies the process of making a podcast playlist, however, as it allows users to quickly add content to a built-in playlist with a tap, instead of having to go through the more involved process of custom playlist creation.
The company says the new feature is rolling out starting today on iOS and Android to both Free users and Premium subscribers in all markets where podcasts are available.
Source: TechCrunch