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Google Serves Fake News Ads in an Unlikely Place: Fact-Checking Sites

In Business, Education, Emerging Technology, Government, Legal, Start Up by New York TimesLeave a Comment

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The Snopes and PolitiFact ads show how broad the problem of online misinformation can be, said David Letzler, research scientist at Impact Radius, a digital marketing intelligence firm. “Even websites whose mission is to promote accountability can inadvertently wind up getting used by snake oil salesmen,” he said.Google declined to explain the specifics of how the fake news ads appeared on the fact-checking sites. The accounts that advertised on Snopes and PolitiFact were terminated from Google’s ad platform after The Times asked about t... Read More
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At Patchogue’s BrickHouse, 21 and all grown up

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By JIM McCUNE // The South Shore’s Patchogue Village has undergone a major revitalization in recent years – new shops, bars and restaurants seem to open every day, and the unprecedented transformation has turned Main Street into a spectacle, and a hot year-round destination. At the heart of it all is Patchogue’s oldest commercial building, at 67 West Main St. Built in 1850 by John Havens from fieldstone and ship ballast – plentiful materials at the time – it served originally as the J.S. Havens General Store. But it’s best identified today by its current occupant: the BrickHouse Brewery & Restaurant. The journey from hist... Read More
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Alphabet’s Sidewalk Labs strikes deal to turn 800 acres of Toronto into an ‘internet city’

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Sidewalk Labs, the smart city subsidiary of Alphabet with the stated goal of “reimagining cities from the Internet up,” now has a very big sandbox in which to conduct its high-tech experiments. The Google spinoff announced a deal with the city of Toronto to develop 800 acres of waterfront property into its own digital utopia. Waterfront Toronto, a city agency tasked with overseeing the development along the shore of Lake Ontario, is teaming up with Sidewalk Labs to create a new venture called Sidewalk Toronto. On Tuesday, Canadian Prime Minister Justin Trudeau joined top executives from Alphabet, including executive chairman Eric Schmidt, to announce the deal, which includes a $50 million commitment fro... Read More
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Intel unveils new family of AI chips to take on Nvidia’s GPUs

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When the AI boom came a-knocking, Intel wasn’t around to answer the call. Now, the company is attempting to reassert its authority in the silicon business by unveiling a new family of chips designed especially for artificial intelligence: the Intel Nervana Neural Network Processor family, or NNP for short. The NNP family is meant as a response to the needs of machine learning, and is destined for the data center, not your PC. Intel’s CPUs may still be a stalwart of server stacks (by some estimates, it has a 96 percent market share in data centers), but the workloads of contemporary AI are mu... Read More
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Dropbox offers a new plan that lets you sync and share work from one spot

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Dropbox launched a new plan today called Dropbox Professional for individuals that lets you store, access, and track files from one place. The plan opens up Dropbox’s business feature Smart Sync to individuals for the first time. Smart Sync lets you save space by storing files only in the cloud, without any hard drive backup, and it’s compatible with Mac and Windows. The company also announced a new feature called Dropbox Showcase, which lets you create a PowerPoint-like introduct... Read More
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Allset raises $5 million to cut wait times at restaurants

In Business, Government, Mobile Technology, Start Up by Venture BeatLeave a Comment

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Allset wants to make restaurants more convenient and efficient for the busy bees of this world and announced today that is has secured $5 million to expand nationwide. Greycroft Partners led this round, with participation from new investor Vaizra Investments. Previous investors, including Andreessen Horowitz, Compound, FJ Labs, and SMRK VC Fund also joined. Users search for restaurants either on the Allset app — available on iOS and Android — or on the startup’s website. They then pick a place, choose from the menu, order, and pay ahead of time, so that everything is ready and taken care of once they sit down upon arrival. As a major fo... Read More
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Torch 3D raises $3.5 million for AR and VR prototyping platform

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Torch 3D has raised $3.5 million to build its augmented and virtual reality prototyping platform. The idea, which came from a couple of Magic Leap alumni, is to make it fast and easy for teams to build, share, and iterate on 3D concepts. Portland, Oregon-based Torch 3D wants to make it possible for any designer to develop and design in 3D for immersive VR environments almost instantly, with no prior knowledge of game or software development. And it wants to enable those teams to iterate on prototypes across teams, on any platform or device, in real time. The VR Fund and Silicon Valley Data Capital led the investment round. Additional investo... Read More
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Pholio is trying to make a personal, private Google Photos

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A London-based startup has created a device that can back up your photos and videos and make them searchable, marketing it as a rival to Google Photos. Though the service is similar, Pholio keeps your stuff private and off some companies’ servers. The device has built-in algorithms that can locate specific photos you search for, based on 20,000 built-in descriptions. You can also customize and train the software to use new descriptors, too. Once connected to your computer, Pholio collects all of your digital images and videos and automatically backs them up them on the device, the company says. Pholio can store a full-resolution copy o... Read More
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Google Pixel 2 and Pixel 2 XL Review: There Is No Better Android Phone

In Business, Emerging Technology, Government, Legal, Mobile Technology, Security, Start Up by Wired NewsLeave a Comment

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If I had to pick the moment I most appreciated the Google Pixel 2, it would be when our airboat driver-slash-tour guide put a hot dog and a piece of raw chicken in his pocket, dove into the New Orleans swamp, and began playing with a giant gator named Who Dat. I’m no social media whiz, but I knew there was Instagram gold unfolding in front of me. So I pulled out my Pixel 2 XL, the larger of Google’s two new models, double-clicked on the power button to open the camera, and starting snapping. ... Read More
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Does Long Island Have What Amazon Wants?

In Business, Education, Government, Science & Nature, Start Up by Long Island PressLeave a Comment

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An Amazon warehouse in 2015. (Photo by Scott Lewis). In 1994, Jeff Bezos left his Wall Street job and moved to Seattle, launching a retail startup that abandoned brick and mortar in favor of electronic sales. Bezos named the disruption Amazon, after a dictionary search revealed the Amazon River was the biggest on the planet. Bezos envisioned making his new store the biggest in the world. Famously, he has succeeded. Amazon passed Wal-Mart two years ago as the world’s biggest retailer by market value. Today it ranks among the largest companies in the world. More even than its neighbor Microsoft, Amazon has established Seattle as a fulcrum of economic activity. Bezos now inte... Read More
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PayPal’s Venmo now lets you pay in-store at millions of U.S. retailers

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Venmo, the popular peer-to-peer (P2P) payments platform owned by PayPal, is now opening to millions of retailers across the U.S. PayPal revealed back in 2015 how it planned to cash-in on its Venmo business through capitalizing on its popularity with millennials and expanding beyond P2P payments, which offered limited scope for monetization. The company began allowing Venmo payments through some websites and apps. “What this does is it opens up the Venmo user base to our PayPal merchants and it will be exactly the same take rates,” said PayPal CEO Dan Schulman at th... Read More
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Nude is a next-generation photo vault that uses AI to hide your sensitive photos

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Nudes are an inconvenient truth of the mobile era. The combination of ever-more-powerful cameras and ever-more-convenient sharing mechanisms has made the exchange of explicit pictures a fact of life for nearly everyone seeking romantic connections online. Yet when it comes to managing explicit photographs, technology generally has not been our friend. Mobile camera rolls seem to not take the existence of nudes into account, as anyone who ever stumbled across an odd penis while scrolling through a friend’s device can tell you. And as we saw during the 2014 Celebgate hack, photos stored online... Read More
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Denver Failed To Land Boeing. Now It’s Using Lifestyle To Woo Amazon

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Enlarge this image Denver is pitching its high quality of life to draw Amazon to build a new headquarters there. Doug Pensinger/Getty Images hide caption toggle caption Doug Pensinger/Getty Images Sixteen ... Read More
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Tony Fadell-backed company sues Andy Rubin’s Essential over wireless connector tech

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Keyssa, a startup specializing in wireless data transmission that is backed by Nest co-founder Tony Fadell, has filed a lawsuit against Android phone maker Essential, according to a report from Reuters. Keyssa has been around since 2009, and the company says it was in talks with Essential for 10 months or so to help provide the technology behind connecting Essential’s ... Read More
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Terminal wants to help your startup expand globally

In Business, Finance, Government, Legal, Start Up by Venture BeatLeave a Comment

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Creating an international satellite office for a growing startup can be a tough challenge. In order to get started, companies have to find talent, real estate, and deal with new employment laws, tax considerations, and all manner of other complexities. A startup coming out of stealth today is aiming to fix that by doing much of the heavy lifting for its clients. Called Terminal, the company plans to open offices in a wide variety of tech hubs outside the U.S., complete with human resources, finance, and other support employees. Terminal will then hire technical talent to meet the needs of the companies that pay for its services. The goal of the company is to let businesses bui... Read More
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At Roosevelt Field, a 21st Century retail rewrite

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By GREGORY ZELLER // With the holiday shopping season spooling up, and brick-and-mortar retailers facing ever-stiffening e-commerce competition, an innovative “turnkey retail platform” is set to debut at Roosevelt Field. Simon Property Group, the Indiana-based manager of an enormous global portfolio of retail and entertainment destinations, is preparing to flip the switch on The Edit@Roosevelt Field, a first-of-its-kind “experiential retail space ... Read More
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Executive Mentors Wanted. Only Millennials Need Apply.

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“It’s like reconnecting with your lost youth,” said David Watson, 38, a managing director at Deutsche Bank who has been mentored by Fernando Hernandez, 29, an engineer in the Wall Street bank’s global markets technology division. He credited Mr. Hernandez with good tips for retaining young employees, like giving them more flexible work-from-home arrangements, and with helping him spot trends in the financial tech industry.“It’s valuable information,” Mr. Watson said. “When you’re making decisions about budgets, or priorities,... Read More
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Corner Office: Bryan Roberts of Venrock on Seeing Problems as Opportunities

In Business, Education, Emerging Technology, Government, Legal, Start Up by New York TimesLeave a Comment

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I loved problem solving as a kid. That’s probably the thread through most of my life. How do you build this? How do I get from here to there? The actual content of the problem matters less than the need to puzzle through something.Tell me more about your parents.My dad is an infectious-disease doctor, and my mom is in theater. They’re the two most polar-opposite people in the universe. My mom’s broadly intelligent, and my dad is just deeply awesome at diagnosing diseases.How have they influenced your leadership sty... Read More
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Richard Branson’s Virgin and Hyperloop One Transit Pods Become Fast Friends

In Business, Emerging Technology, Government, Start Up by New York TimesLeave a Comment

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Virgin Group companies include Virgin Trains, a railroad operator in Britain, and Virgin Galactic, which is dedicated to commercial spaceflight.Hyperloop One employees do not call their project a train — after all, it does not use tracks. Instead, magnetically levitating passenger pods use electric propulsion to zip through low-pressure... Read More
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Nobody Thinks About eBay

In Business, Emerging Technology, Events, Gaming, Government, Legal, Mobile Technology, Science & Nature, Security, Start Up by The VergeLeave a Comment

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“Fill your cart with color,” read several giant billboards standing high above San Francisco’s highways this summer. Down below, in the city’s underground BART stations, loud posters with proclamations like, “Shop like nobody else because you aren’t like anyone else,” covered walls. On television — including during the NBA finals, in which local heroes the Golden State Warriors would ultimately clinch the title — ads featured footage of brown boxes rolling down a warehouse roller conveyer. Text on the screen read, “When did shopping get so beeeeeeeeeeeige?” before flashing dramatic shots of... Read More
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Nordstrom puts the hunt for a buyer on hold

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Nordstrom is halting, at least temporarily, the hunt for a buyer, sending shares down sharply at the opening bell Monday. The Nordstrom family told a special committee at the upscale retailer that they may start up the search again after the end of the crucial holiday season. In June, members of the Nordstrom family including co-presidents Blake, Peter and Erik Nordstrom, said they were weighing the acquisition of 70 percent of the department store’s stock that they don’t already own. That could give Nordstrom more flexibility to navigate a rapidly changing retail environment. Department stores sales have been under financial pressure as more people shop online, at off-price retailers, or spend less money overall... Read More
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The founder of the hamdog wants to crowdfund a restaurant in New York City

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The hamdog, the ingenious hamburger / hot dog hybrid made the rounds last year when Australian entrepreneur Mark Murray announced he was looking for participants to invest in the franchise to sell his patented hamdogs around the globe. Now Mark plans to open up the first ever hamdog restaurant in the heart of midtown Manhattan. “Walking the streets of New York City in the last few days and being in Times Square and looking at the volume of foot traffic there, we’re like ‘we’ve got to have our first store here,” Murray te... Read More
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LimeBike raises $50 million to expand dockless bike-sharing

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Just a few months after launching with a $12 million seed round, dockless bike-sharing startup LimeBike announced today that it has secured a whopping $50 million to expand nationwide. Coatue Management led the investment, with participation from new investors, including GGV Capital, Bill Maris’ Section 32, Franklin Templeton Investments, AME Cloud Ventures, and Stanford’s StartX Fund. Returning investors Andreessen Horowitz and DCM Ventures also joined. The San Mateo, California-based startup provides c... Read More
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Why Investors Are Betting That Bike Sharing Is the Next Uber

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There’s a trope that foreign startups can’t innovate—they just copy ideas created in Silicon Valley. The success of China’s dockless bike-sharing startups has flipped that script, and now U.S. companies are scrambling to catch up. Bike-sharing programs have spread across the US in recent years, but slowly. It takes time to secure government and corporate sponsorships, which cover the cost of installing expensive docks to hold the bikes, as well as credit-card payment systems. Motivate, the country’s most prominent operator, has programs in nine U.S. cities. In China, though, bike sharing has exploded seemingly overnight, thanks to an influx of venture capital and a model that eschews doc... Read More
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Why we are underestimating the impact of automation and AI

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Azeem Azhar, product entrepreneur and curator of weekly tech newsletter, Exponential View, discusses how AI can deliver real value for businesses and considers the risks related to the emerging technology AI is a very odd nomenclature. It has a competing technical definition even amongst its real practitioners (mostly in labs). We can agree, however, that it includes some tools such as machine learning, natural language processing, and a product or business quality. In short, it’s a system that learns from experience, or a system that uses any of the aforementioned tools. Two famous examples of firms using AI for profit are Google and Facebook. Take money machine Facebook: its ad business is entirely dri... Read More
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Ultimate Chicken Horse: From game jam prototype to hilarious party game

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Presented by Intel “We screwed up our launch pretty badly, but we managed to recover from that.” Richard Atlas at Clever Endeavor in Montreal, Canada didn’t mince words about the launch pains of his game, Ultimate Chicken Horse. It’s a competitive platformer (out now on PC) where up to four players can dynamically build their own levels as they play. The goal is to make it impossible for each other to get through the finish line. “I’ve never been a huge gamer, but always got sucked in when I did start playing something,” he says. So there’s no World of Warcraft obsession here, but there is a fascination with the potential of games and a conviction that these games matter. A backg... Read More
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Down syndrome entrepreneur sews successful six-figure sock empire

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John Cronin, a 21-year-old entrepreneur with Down syndrome has one motto “socks, socks and more socks!” Go inside John's $1.3 million sock empire, John’s Crazy Socks, and learn about his mission to overcome challenges and hire people with disabilities.No Closed Captioning Detected within this Video.... Read More
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Colorado Schools Pay Students to Work With Local Tech Firms

In Business, Education, Emerging Technology, Events, Gaming, Government, Science & Nature, Start Up by Wired NewsLeave a Comment

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LONGMONT, Colo. — In one back room at Skyline High School, you can learn all you need to know about St. Vrain Valley School District. It’s there that bins of materials sit next to past projects, exposing the district’s DNA. Boxes holding glue, Popsicle sticks, tape, pipe cleaners, compasses, zip ties and rulers lie nestled inside a 6-foot-high, student-constructed rack. Behind the storage unit sits a rectangular wooden box stuffed with bicycle tires filled with Silly Putty to replicate human intestines. For that biomedical project, students had to create a probe and learn to maneuver it sight unseen from behind a curtain on the box’s opening to procure a sample from the intestine/bike... Read More
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The Danger of President Pence

In Business, Education, Events, Finance, Gaming, Government, Healthcare, Legal, Science & Nature, Security, Start Up by New YorkerLeave a Comment

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On September 14th, the right-wing pundit Ann Coulter, who last year published a book titled “In Trump We Trust,” expressed what a growing number of Americans, including conservatives, have been feeling since the 2016 election. The previous day, President Trump had dined with Democratic leaders at the White House, and had impetuously agreed to a major policy reversal, granting provisional residency to undocumented immigrants who came to America as children. Republican legislators were blindsided. Within hours, Trump disavowed the deal, then reaffirmed it. Coulter tweeted, “At this point, who doesn’t want Trump impeached?” She soon added, “If we’re not ge... Read More
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Welcoming Our New Robot Overlords

In Business, Education, Emerging Technology, Energy, Finance, Government, Healthcare, Legal, Science & Nature, Start Up by New YorkerLeave a Comment

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When David Stinson finished high school, in Grand Rapids, Michigan, in 1977, the first thing he did was get a job building houses. After a few years, though, the business slowed. Stinson was then twenty-four, with two children to support. He needed something stable. As he explained over lunch recently, that meant finding a job at one of the two companies in the area that offered secure, blue-collar work. “Either I’ll be working at General Motors or I’ll be working at Steelcase by the end of the year,” he vowed in 1984. A few months later, he got a job at Steelcase, the world’s largest manufacturer of office furniture, and he’s been working at its Grand Rapids metal plant ever s... Read More
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Voice and facial recognition could help AI surpass humans in emotional intelligence

In Business, Education, Government, Science & Nature, Security, Start Up by Venture BeatLeave a Comment

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I have studied emotional intelligence as a hobby for a long time. Until recently, I believed emotional intelligence would remain one of the core advantages of us humans after artificial intelligence takes over all tasks requiring memorization and logic. Over the past few years, I’ve focused my studies on emotionally intelligent algorithms, as it is the business of my startup, Inbot. Th... Read More
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China’s manufacturers are enabling a new model of startup incubation

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The current chronology Silicon Valley hardware startups typically follow is slow and disordered. But that could change with a new incubation model emerging from an unlikely group: China’s global hardware manufacturers (OEMs). Usually, when launching a hardware business, startups make prototypes, then raise capital so they can fund production. They then often turn to China, where they begin the arduous process of identifying and trying out multiple suppliers, manufacturers, and logistics companies. After a time-consuming and, frankly, painful process of speed-dating, fraught with miscommunication, startups will choose their partners. These relationships are transactional in nature, which means, right from the onset, there is a fu... Read More
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How blockchain promises to speed up tech evolution

In Business, Emerging Technology, Finance, Gaming, Government, Healthcare, Legal, Science & Nature, Security, Start Up by Venture BeatLeave a Comment

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The blockchain space has been innovating at an incredible pace over the past year. The total number of initial coin offerings (ICOs) was probably less than 10. If someone had told you that insurance company AIG was conducting a multi-country smart contract test, you’d have thought they were crazy. Certainly, the idea of putting an Arkansas chicken farm on a blockchain would have seemed ludicrous. The question of when ... Read More
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Oculus’ Nate Mitchell: VR ‘expectations got ahead of themselves’

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Nate Mitchell is one of the Oculus co-founders and continues to be a key leader at Facebook defining the product strategy for VR going forward. While he works closely with the Rift team, he’s also keenly aware of VR’s evolution over the last five years as he’s part of a small group of Oculus executives who helped create an enormous rush of interest in VR when they sold their startup to Facebook in 2014 for roughly $3 billion. This acquisition set off a wave of investment in VR that saw numerous startups funded alongside giants like Google and Microsoft dramatically stepping up efforts to build out VR headset strategies. This year, though, public... Read More
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Data collection and security flaws will challenge autonomous carmakers

In Business, Events, Government, Legal, Mobile Technology, Science & Nature, Security, Start Up by Venture BeatLeave a Comment

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Autonomous vehicles are just around the bend. As car companies continue to partner with tech and ride-hailing firms in an effort to innovate more quickly and effectively, questions arise about the future of privacy in the age of driverless cars. The biggest players in the automotive industry seem to have downplayed the fact that innovation and convenience will come at a price. In this case, the price will be consumer privacy. While addressing questions on safety, key representatives from leading car companies, ride-sharing service firms, as well as tech giants have been ... Read More
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The 7 biggest unicorns you’ve likely never heard of

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When Aileen Lee first coined the term “unicorn” in 2013 to describe startups valued at over $1 billion, there were only 39 of them. There are currently about 215 of them, many of which hail from emerging markets. For instance, China is home to two of the highest valued unicorns: Didi Chuxing and Xiaomi. And ... Read More
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China now rivals U.S. in VC investments

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Twenty years ago, China’s manufacturing-based economy was one-ninth the size of the U.S. economy. The gap has closed tremendously, driven in large part by the explosive growth in the nation’s mobile-connected middle class. How explosive? Even living and working in China, sometimes it is difficult to appreciate the speed at which the innovation ecosystem is growing here. China is the second-largest venture capital market in the world and has seen VC fundraising more than double in the last two years, fueled by the global aspirations of the government, entrepreneurs, and investors. A decade-long Chinese venture capital boom exploded in 2016, driving venture capital commitments above $50 billion, nearly matching the U.S. f... Read More
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Randi Zuckerberg: ‘Smaller cities are paving the way for entrepreneurs’

In Business, Education, Emerging Technology, Events, Government, Healthcare, Science & Nature, Start Up by Venture BeatLeave a Comment

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Randi Zuckerberg, the technology executive and entrepreneur behind Zuckerberg Media, doesn’t do things in the traditional way. A strong advocate for STEM education, particularly for females, Zuckerberg has firsthand experienced being an outlier — she describes how, in her early days in Silicon Valley, she was often the only woman in a room full of tech executives or investors. She’s since launched a slew of endeavors, including a book and TV show, aimed at getting young girls interested in science or technology. True to form, when it c... Read More
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Windows 10 Fall Creators Update: What It Is and How to Get It

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On October 17, Microsoft drops a new version of Windows 10 called the Fall Creators Update. It’s packed to the brim with new features for everyday users and people who just like making cool stuff. Here's what you need to know before you click that big ol' update button. What You'll Get The Fall Creators Update gives you a neat new Photos app for all your organization and editing needs. There’s a new feature called Story Remix that makes it a breeze to throw together a few pictures and video clips for those post-v... Read More
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Riding the Uno Bolt, a weird and wonderful self-balancing unicycle

In Start Up by The VergeLeave a Comment

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Small, powerful, and affordable electric motors have helped dozens of startups flood the market with increasingly practical personal vehicles over the last few years. A handful of products I’ve tried this year that show these concepts are progressing and evolving, too. There are modular electric skateboards, foldable scooters, a... Read More
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New XR Basefund preps €50 million fund for VR and AR early stage startups

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A new early stage VR/AR startup fund has announced that it will launch in Europe by the end of the year. Coined the XR Basefund, the €50 million-sized fund is a co-venture between Ariadne Capital, 2SQRS, and the VRBASE. The XR in the name stands for “extended reality” which has become an abbreviation that more and more people in the industry (including myself) are using to wrap-up the immersive spectrum of VR, AR and MR under a single breath. Debuting in December, the XR Basefund will look to invest in up to 40 startups and will concentrate on ventures based exclusively in Europe. The fundings will range from €250,000 to €1,000,000, of which up to 50 percent of the fund will be held for follow-on investments. They will s... Read More
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Apple co-founder Steve Wozniak launches his own online tech education platform

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Steve Wozniak, who co-founded Apple with Steve Jobs, is launching a new online tech education platform he’s calling Woz U, which is designed to promote technology jobs and the skills required to enter the industry. Over time, Wozniak hopes to expand the initiative to include as many as 30 physical locations around the world and courses on everything from software engineering and information technology to mobile app development and cybersecurity, among others. It’s unclear whether courses will be offered for free, or whether Woz U plans on charging for any element of the online education platform. The website does not say. Woz U also offers access to ... Read More
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Microsoft releases new Windows 10 preview with Cortana Collections and consolidated settings

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Microsoft today released a new Windows 10 preview for PCs with Cortana Collections and some settings being consolidated. The Fall Creators Update, which ships next week, is now finalized, so all new builds are part of the next update (internally called RS4). Windows 10 is a service, meaning it was ... Read More
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Thyng is a platform for creating AR scenes

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Thyng wants to create the first augmented reality platform. Last week, the studio launched its free app Thyng 4.0 on iOS, which it built using Apple’s ARKit software development kit. It enables users to create AR scenes by dragging and dropping pre-designed 3D objects or personal photos and videos. Ed LaHood is the founder and CEO of Thyng, and he has a lot of experience working with cutting-edge tech. In 1991, he founded Vream, one of the earliest startups to experiment with virtual reality. Similar to what Thyng is doing with AR, Vream focused on creating technology that enabled people to create their own VR environments. It was eventually acquired in 1996 by Platinum Technology, Inc., a database management company. “... Read More
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10 startups to compete in Girls in Tech Amplify contest

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The nonprofit Girls in Tech has named 10 female-led startups that will compete for cash and other prizes for the “next great female-founded startup.” The sixth annual competition will take place in San Francisco on Wednesday, October 18 in an event dubbed the Amplify Women’s Pitch Night Competition. Girls in Tech says the female founder-only pitch competition is the largest of its kind in the world, bringing together top tech leaders, entrepreneurs, and investors. The half-day competition will take place at Zendesk. The finalist companies are: ... Read More
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ProBeat: Facebook ramps up its VR price war

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In July, there was a single week when Facebook’s Oculus cut prices for its Rift VR headset and Touch controller to $400 for a limited time, a rumor suggested a $200 standalone Oculus VR headset was coming next year, and the company made the aforementioned two-product bundle permanent, promising to make $500 the regular price once the deal was over. At the time, I declared Facebook wanted to start a VR price war. In Augu... Read More
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Comprehensive guide offers solid, free tech-biz advice

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A regional accounting giant is offering some solid – and absolutely free – business-building advice to early-stage tech firms. Bohemia accounting firm Cerini & Associates LLP has published “Business Insights: Technology Industry,” a comprehensive guide designed to steer startup (and older) technology companies in the right fiscal direction. Noting a “technology explosion” over the last 20 years, the 28-page guide offers step-by-step advice based on Cerini & Associates’ “decades of experience working with technology-based companies.” Topics include early-stage funding, R&D tax credits, equity-based compensation,... Read More
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The DeanBeat: Optimism and despair over VR at Oculus Connect

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Mark Zuckerberg, CEO of Facebook, injected a dose of optimism into the crowd at the Oculus Connect event this week at the San Jose Convention Center when he set a goal of getting a billion people into virtual reality. That’s reassuring in a way, since the Oculus Rift, the Samsung Gear VR, and other virtual reality products haven’t set the world on fire since launching in the spring of 2016. Zuckerberg unveiled a $200 wireless Oculus Go headset, and showed that his company was doubling down on Oculus, which ... Read More
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US Border Patrol tests surveillance balloon

In Business, Emerging Technology, Government, Healthcare, Legal, Science & Nature, Security, Start Up by Federal TimesLeave a Comment

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SAN DIEGO — The U.S. Border Patrol is considering a surveillance balloon that can be quickly moved to spot illegal activity, part of an effort to see if more eyes in the sky translate to fewer illegal crossings. Agents in Texas recently finished a 30-day trial of the camera-toting, helium-filled balloon made by Drone Aviation Holding Corp., a small startup that named former Border Patrol chief David Aguilar to its board of directors in January. The 3-year-old, money-losing company gave Aguilar options that may prove lucrative if... Read More
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Lore proves podcasts can inspire disturbingly effective TV

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Podcasts have become a new kind of go-to for producers and studios looking for material to adapt for television. The built-in serialized structure of something like Homecoming (soon to be a series from Mr. Robot creator Sam Esmail) or even StartUp (reimagined as the upcoming ABC sitcom Alex, Inc.) make them perfect vehicles. These shows have already demonstrated an ability to grab an audience and hold onto it, week after week, in the exact same way a successful TV series needs to. This week — on Friday the 13th, no less — Amazon Prime Video is taking its latest television swing with Lore, an anthology series adapted from ... Read More
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No. 249: Plain talk, the Amazon HQ thing and how to look awesome for the rest of your life

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It’s Friday: A happy end to the week, everyone, and welcome new sponsor PSEG. Today is National Train Your Brain Day, meaning it’s OK to sudoku at work. Billy Joel released “52nd Street” on this day in 1978. It became the eventual record of the year. Yes, but what was the album’s top hit? Answer after the news. Going viral: Vaccine creator Codagenix, the star of Farmingdale State College’s Broad Hollow Bioscience Park, has landed a $1.5 million Phase II Small Business Innovation Research grant from the National Institutes of Health and another $1.5 million in private fund... Read More
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Apple cofounder Steve Wozniak launches Woz U institute to train people for tech jobs

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Steve Wozniak, one of Apple’s three original founders, has launched a new training initiative designed to get people “high-paying technology” jobs in the tech industry. The new Woz U digital institute launches as an online only affair initially, and promises to deliver a “new approach” to education for tech industry jobs. The curriculum covers training for computer support specialists and software developers (.Net, JavaScript, Ruby, Java, and Python) for now, but will expand into other facets of the STEM realm, including cybersecurity, mobile apps, and data science. “Our goal is to educate and train people in employable digital skills without putting them into ye... Read More
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IKEA joins $22 million investment in XL Hybrids to electrify company vehicle fleets

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XL Hybrids, a company specializing in converting gas- and diesel-powered company vehicles into electric-hybrids, has raised $22 million in a series D round of funding from IKEA Group (IKEA), Constellation Technology Ventures (CTV) — the VC arm of U.S. energy giant Exelon — in addition to a number of “large family office” investors. Founded in 2008, Massachusetts-based XL Hybrids targets company fleets specifically as it promises vast savings relative to what it would cost to completely replace all their vehicles with electric or hybrid versions. Its electrification works on top of existing powertrains across a range of vehicles, including transit vans, shuttle buses, ... Read More
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Codagenix scores again: $3M to hunt down deadly RSV

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By GREGORY ZELLER // A fresh $3 million in public and private investments has set Codagenix Inc. on the trail of another nefarious disease. Already developing vaccines for Zika virus, the mutating menace Influenza A and a host of other viral villains, Codagenix will now focus its vaccine-creation might on Respiratory Syncytial Virus through a $1.5 million Phase II Small Busi... Read More
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The New Normal

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Is hateful speech in the wake of Donald Trump’s election a sign of a new “normal”? Photograph by Saul Loeb / AFP / Getty On November 18, 2016, ten days after Donald Trump won the Presidential election, ... Read More
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Chicago startup darling Outcome Health faces allegations of falsifying data

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Outcome Health, a hot Chicago advertising startup that closed a $500 million round in May, is now facing allegations in a Wall Street Journal story that it provided misleading data to advertisers. A startup that essentially digitizes educational health information, Outcome Health charges medical device companies, pharmaceutical companies and other life science businesses to display advertising on the Outcome Health tabl... Read More
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Tech Giants, Once Seen as Saviors, Are Now Viewed as Threats

In Business, Education, Emerging Technology, Gaming, Government, Legal, Mobile Technology, Start Up by New York TimesLeave a Comment

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“For 10 years, the arguments in tech were about which chief executive was more like Jesus. Which one was going to run for president. Who did the best job convincing the work force to lean in,” said Scott Galloway, a professor at New York University’s Stern School of Business. “Now sentiments are shifting. The worm has turned.”News is dripping out of Facebook, Twitter and now Google about how their ad and publishing systems were harnessed by the Russians. On Nov. 1, the Senate Intelligence Committee will hold a hearing on the m... Read More
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Startup Global starts local

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This post contains external links. Please review our external linking policy. By Tricia Van Orden, Deputy Director of the Trade Promotion Coordinating Committee Secretariat Philadelphia-area startups recently gathered at Temple University’s Fox School of Business for advice on going global with business. The Startup Global event, a partnership between the International Trade Administration (ITA) and the Global Innovation Forum, helps entrepreneurs and early-stage co... Read More
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CastBox reveals $16 million in funding as global surge in podcast investment continues

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If finding out what’s hot in tech requires little more than following the money, then podcasting startups have been positively roasting in recent months. A few weeks back, New York-based Anchor raised $10 million in a series A round of funding led by Google’s venture capital arm, GV, which followed a week after Swedish audio startup Acast announced $19.5 million to grow its platform globally. This, in turn, came swiftly after New York-ba... Read More
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No. 248: Cancer, flu and Alzheimer’s progress, less Time and please squeeze from the bottom

In Business, Education, Emerging Technology, Gaming, Government, Healthcare, Legal, Science & Nature, Security, Start Up by Innovate LILeave a Comment

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Happy Wednesday: Welcome new readers Bob, Craig, Gita, Phil and Elissa. Happy to have you all aboard. John Rand received a patent for the collapsible toothpaste tube on this day in 1841. “Saturday Night Live” premiered in 1975 with George Carlin as guest host. Happy birthday Henry John “57 Flavors” Heinz. Leave the driving to them: Entrepreneur Kevin Bowker was schlepping a vanload of pals to a craft beer event one day, when inspiration hit. Transportation. Today, Bowker’s Tapped Enterprises runs a growing fleet of buses that get beer and wine tourists there and safely back again. (Sure ... Read More
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Congressmen question DoD takeover of security clearance investigations

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The Department of Defense’s planned takeover of its security clearance investigations from the National Background Investigations Bureau may only add to the clearance backlog rather than alleviate it, according to concerns expressed by members of the House Oversight and Government Reform Committee. “Though DOD has put out a plan for how it would take over investigations, it has yet to issue much in the way of an argument as to why it should do so. There are much clearer reasons for why it should not,” said Rep. Jody Hice, R-... Read More
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Hyperloop One rebrands as ‘Virgin Hyperloop One’ after investment by Richard Branson

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Hyperloop One just got a major vote of confidence from one of the world’s most recognizable billionaire industrialists not named Elon Musk. Virgin Group founder Richard Branson is investing in the super fast transport system and will be joining Hyperloop One’s board of directors, the two companies announced today. As a result, the company is rebranding as “Virgin Hyperloop One.” “As a train owner, I felt this is something that I want to be able to operate,” Branson said to CNBC... Read More
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Cybersecurity risk-monitoring platform SecurityScorecard raises $27.5 million from Nokia, GV, Intel, Sequoia, others

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Cybersecurity rating and risk-monitoring platform SecurityScorecard has raised $27.5 million in a series C round of funding led by Nokia’s global venture capital (VC) arm, Nokia Growth Partners (NGP). Other notable participants in the round include GV (Google Ventures) — which led the company’s $20 million series B round last June — Intel Capital, Sequoia Capital, Moody’s Corporation, AXA Strategic Ventures, Boldstart Ventures, Two Sigma Ventures, and Evolution Equity Partners. Founded out of New York i... Read More
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Toyota’s hydrogen fuel cell trucks are now moving goods around the Port of LA

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A concept version of Toyota’s hydrogen fuel cell truck is running short-haul drayage routes at the Port of Los Angeles as part of a feasibility study, which figures in to the port’s efforts to reduce harmful emissions. The truck will move goods from select Port of LA and Long Beach terminals to surrounding rail yards and warehouses for distribution. Toyota estimates the vehicle’s daily trips will total around 200 miles — short, frequent route patterns designed to test the duty-cycle capabilities of the fuel cell system. As the study progresses, longer haul routes will be introduced. ... Read More
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AR/VR Weekly: Seeking a virtual reality tabletop

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This week, a friend of mine said he wanted to be able to play games like Dungeons & Dragons at a virtual table. Oh, no problem, I said — check out Roll20, an app that helps people gather for role-playing games online. But then he said, “No, I mean virtual as in virtual reality.” Well, duh, I thought. I should’ve known that. But my friend has a point — role-playing experiences could be a killer app for VR. But how would it look? Experiment 7 is working on translating board games to VR with its Magic Table system — it’s done chess and is now gearing up for ... Read More
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Qualcomm launching IoT and smart car lab in China

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U.S. semiconductor and telecom giant Qualcomm, in partnership with a Chinese startup company, is creating a smart car lab in southwest China. The new learning center, or “IoT-connected smart car collaborative innovation laboratory”, will provide a dedicated facility for Qualcomm and Thunder Software Technology Company (Thundersoft) researchers to make strides in areas of intelligent cockpit and control systems, user interface, and user experiences. Thun... Read More
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2sage green color0.934
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Number of Faces Detected: 2
Face #Max AgeMin AgeAge CertaintyGenderGender Certainty
124180.319335MALE0.989013
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Heartland Tech Weekly: Amazon HQ2 contenders should approach subsidies with skepticism

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As the ... Read More
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Nasdaq Entrepreneurial Center celebrates two-year anniversary as Guy Kawasaki rings the bell remotely

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The Nasdaq Entrepreneurial Center celebrated its two-year anniversary today, marking the occasion by inviting ex-Apple evangelist Guy Kawasaki to ring the bell remotely. The center also hosted the fourth graduating class of its “Milestone Makers” program, which pairs founders with coaches and business mentors over a period of three months. The San Francisco-based center claims to have built a community of more than 7,500 entrepreneurs, who have either participated in the “Milestone Makers” program or attended classes and lectures over the past two years. According to their statistics, the community is made up of 49 percent women and 61... Read More
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3 reasons why VR’s killer app will be collaborative

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Virtual reality (VR) and augmented reality (AR) are game-changers for the enterprise, enabling real-time remote collaboration experiences that were simply not possible before. While these technologies have not yet gained traction at a mass-market level, they hold great promise as the most practical use case for immersive technologies. Skeptics correctly point out that VR lacks a “killer app,” such as the Halo franchise that helped establish the Xbox Live service as a dominant force in online console gaming. They may be justified in their criticism. Indeed, according to a ... Read More
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Trump hopes to help small entrepreneurs with tax reform

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Published on Oct 11, 2017Americans for Tax Reform president Grover Norquist discusses how President Trump’s tax reform plans -- which he’s said would cut taxes for the middle class and businesses -- could help entrepreneurs in the country. Category License Standard YouTube License ... Read More
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Facebook’s coming blockchain problem

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Much has been written about the Russia-Facebook advertising scandal of 2017. The episode has revealed the first (and maybe only) achilles heel for Facebook CEO Mark Zuckerberg. His profit-making machine depends on being one of the two main outlets (the other being Google) where the world spends its $500 billion+ in advertising dollars. Yet, as we saw earlier this year with Google’s ... Read More
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LICA leader among judges at CEWIT2017 pitch-a-thon

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As part of CEWIT2017, Stony Brook University is hosting the International Skyscraper Pitch Challenge, a mini pitch-a-thon that gives participants a chance to hone their presentation skills with the help of top professionals. The open challenge, scheduled for the morning of Nov. 7, gives presenters two-and-a-half minutes to state their “elevator speech.” That’s “a long elevator ride indeed,” according to the program website, hence the “skyscraper” – but it’s a tough window in which to properly elucidate a business strategy, a critical skill for entrepreneurs in search of working capital. To that end, the best... Read More
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Why Minnesota is poised to become a hotbed for digital health startups

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Watch out, West Coast: The thriving startup scene rising out of the Midwest means it’s no longer flyover country. The Upper Midwest — especially the Twin Cities of Minneapolis and St. Paul, Minnesota — has become a vibrant and healthy environment for startups. According to a recent Star Tribune article, CliftonLarsonAllen’s technology practice estimated that exits of about two dozen technology companies in the Twin Cities amounted to $7 billion over the past 10 years. Minneapolis also ranked as the ... Read More
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Google invests in Neverware, a startup that’s turning dead PCs into Chromebooks

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Neverware, a New York City-based startup with a software platform that converts legacy computers into Chromebooks, announced today that it has raised a new round of investment led by Google. It won’t say the exact amount, but it will likely be more than the $6.5 million it raised in its last round. The synergy between the two parties is obvious. CloudReady is built on the same open-source technology as Google’s Chrome OS. IT teams from corporations or schools that decide to use Neverware also get to leverage integration with ChromeEnterp... Read More
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Atlanta is betting on a smart corridor to reduce traffic jams

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Though it will still be months before the public learns which city will be home to Amazon HQ2, one thing has already become clear: This RFP process, arguably the most highly speculated business decision ever, has forced cities to take a hard look at their infrastructure. Local government officials are able to see what’s required to attract a behemoth like Amazon, with its 50,000 workers and up to $5 billion in construction dollars — and where they’re lacking. No matter which city ends up with HQ2, it’s clear that things like a decent public transit infrastructure, ... Read More
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AI Sumo Wrestlers Could Make Future Robots More Nimble

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The graphics are not dazzling, but a simple sumo-wrestling videogame released Wednesday might help make artificial-intelligence software much smarter. Robots that battle inside the virtual world of RoboSumo are controlled by machine-learning software, not humans. Unlike computer characters in typical videogames, they weren’t pre-programmed to wrestle; instead they had to “learn” the sport by trial and error. The game was created by nonprofit research lab OpenAI, ... Read More
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How virtual reality developers are surviving the hype cycle

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Today, Oculus kicks off its fourth annual Connect developers conference, where the Facebook-owned company will set the tone for virtual reality development in 2018. Connect will be capping off what’s arguably been the quietest year for virtual reality since the original Rift development kit shipped in 2013. After the first series of big-name headsets were released in 2016, VR’s immediate post-launch buzz is long gone. But to developers who are still building for the medium, that doesn’t mean VR is over — just that they’ve got a long way to go before hitting the mainstream. While we don’t know exactly how many VR headsets each major platform has sold overall, it’s estimated to be somewhere in t... Read More
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In Full Bloom: A Conversation With 1-800-Flowers CEO Chris McCann

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1-800-Flowers CEO Chris McCann (Photo by Bob Giglione/Long Island Press) When Chris McCann’s big brother Jim bought his first flower shop in Manhattan in 1976, Chris, then 15, helped out on weekends, learning the floral business even as the older McCann began to transform it. Chris was named chief executive in July 2016; Jim continues as executive chairman. Contributing Editor Warren Strugatch caught up with Chris to find out what it’s like to succeed one of America’s iconic marketers. Long Island Press: I’d love to have been a fly on the wall when you and Jim discussed your promotion. What was that conversation like? Chris McCann:... Read More
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5 reasons the Army can’t replicate Silicon Valley

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The Army has five key deficiencies to overcome if it wants to innovate more like Silicon Valley. Lt. Gen. Edward Cardon, director of the Office of Business Transformation, and Robin Swan, deputy director of the office, told attendees at the annual AUSA meeting that for a long time, the Army lacked a strategic-level plan or thinking to foster innovation. But through a deep review and series of meetings and conferences with industry an... Read More
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Lightspeed Venture Partners brings on Tara-Nicholle Nelson as new entrepreneur in residence

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Venture capital firms in Silicon Valley don’t just pour cash into hot startups — they also enjoy incubating promising endeavors and building long-term relationships. With that in mind, Lightspeed Venture Partners announced that it is bringing on marketing and spiritual guru Tara-Nicholle Nelson as an entrepreneur in residence (EIR) to work on her next big project: a startup that brings spirituality into the digital sphere. Nelson gave VentureBeat exclusive details about her new role and work in progress. According to the pug-loving entrepreneur, there is an epidemic of aimlessness, depression, fear, and anxiety in today’s world that has been exacer... Read More
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INSHUR Announces Strategic Partnership to Further Grow Its Business in the $1bn Rideshare Insurance Market

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SAN FRANCISCO & NEW YORK & LONDON–(BUSINESS WIRE)–October 11, 2017– INSHUR (www.inshur.com) today announced a strategic partnership with Munich Re’s Digital Partners, to design and distribute innovative commercial auto insurance products, through INSHUR’s mobile technology platform. INSHUR opened for business in 2016 focusing on New York City’s rideshare market; an insurance sector expected to be soon worth more than $1bn. INSHUR is the industry’s o... Read More
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Attivo Networks raises $21 million to thwart cyberattacks using the art of deception

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Attivo Networks, a startup that specializes in thwarting cyberattacks using deception technology, has raised $21 million in a series C round of funding. The round was led by Trident Capital Cybersecurity, with participation from eBay founder Pierre Omidyar’s VC firm Omidyar Technology Ventures and Bain Capital Ventures. Founded out of Fremont, California in 2011, Attivo is one of a number of cybersecurity startups in the deception technology realm, using defensive “hall of mirrors” techniques that consist of lures and traps designed to trick attackers into revealing themselves. In effect, the underlying technology automatically sets decoys that are integrated into a co... Read More
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RESEARCH FRONTIERS’ SPD-SMART LIGHT CONTROL TECHNOLOGY LICENSED TO ISRAELI MATERIAL SCIENCE COMPANY GAUZY

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RFI Gauzy Press Release October 11 2017 Word RFI Gauzy Press Release October 11 2017 PDF Tel Aviv, Israel and Woodbury, New York. October 11, 2017 – Research Frontiers Inc. (Nasdaq: REFR) and Israel-based material science company Gauzy Ltd. announced today that Gauzy has acquired a non-exclusive license from Research Frontiers to develop, produce and sell products and components using Research Frontiers’ patented SPD-Smart light-control technology. The m... Read More
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Nimble Selected By Microsoft to Join Its Seattle Accelerator Portfolio of Innovative, Enterprise-Ready Startups It Wants to Help Scale

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Unprecedented Access to Top Microsoft Partners and Customers, Technical Knowledge, Premier Engineering, Go-To-Market and Co-Sales Support SANTA MONICA, Calif.–(BUSINESS WIRE)–October 11, 2017– Nimble today announced it has been selected to join ... Read More
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Allume raises $3 million for its on-demand personal shopping service

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Allume wants to change the way women shop online and announced today that is has raised a $3 million seed round to launch its product out of beta. True Ventures led the investment, with participation from several angel investors. Clients begin their sartorial journey by taking an online quiz on the Allume website. The startup then uses the data to match each customer to a personal stylist with similar tastes — and no, it’s not a bot, it’s an actual human being who helps you shop. Stylists consult directly with each client over text messaging to better understand... Read More
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Steve Case looks to buoy the Rust Belt with latest ‘Rise of the Rest’ tour

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If Steve Case has his way, the next generation of workers will know the Upper Midwest not as the Rust Belt, but the Startup Belt. Today, former AOL cofounder Case kicked off the sixth iteration of his “Rise of the Rest” tour in the Central Pennsylvania cities of Harrisburg, York, and Lancaster. On each Rise of the Rest tour, Case travels to various cities across the U.S. that have traditionally been overlooked by investors, ranging from Albuquerque, New Mexico, to Charleston, South Carolina, to highlight existing startup activity. This year, Case and his team are traveling to five differe... Read More
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Tech companies will help push automakers to full autonomy

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The race to roll out reliable self-driving cars in the mainstream market continues apace. The U.S. Senate has signified its approval of a deal that enables automakers to put self-driving cars on public roadways. The only stipulation is the driverless technology must save lives, improve mobility (particularly for people with disabilities), and create new jobs. If those stipulations are met, driverless cars could be ready to go full throttle in the years ahead. Do you have an AI strategy — or hoping to get one? Check out ... Read More
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They were brew-tours before brew-tours were cool

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By GREGORY ZELLER // Before everyone and their brother was offering bus tours of Long Island’s brew pubs and vineyards, there was Tapped Enterprises. The Ronkonkoma-based brainchild of President Kevin Bowker actually launched in 2008, first as a purveyor of what the founder called “dorm décor” – posters, flags and other beer-themed accouterments for the college set. But by 2012, still years before leave-the-driving-to-us tours of Long Island’s craft-beverage scene were in vogue, the enterprise had tapped a whole new vertical. Bowker, a Bryant University gra... Read More
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AI is changing how you watch TV

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Artificial intelligence, the major plot device in countless sci-fi films, is making it big in the entertainment industry. Recent breakthroughs in artificial intelligence and machine learning are helping Hollywood get even smarter about how it captures an audience, and the implications for your entertainment are staggering. In the brave new world of big data, neural networks, and human-computer interaction, there’s always something good on TV. Do you have an AI strategy — or hoping to get one? Check out ... Read More
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I love this inexplicable album of ‘life changing affirmations for Millennials’

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What do you most need to hear today? Is it the vaguely male voice of a robot, informing you that you are good at basic tasks? If so, I have some good news. Today, while browsing Spotify for songs about Facebook for reasons that are personal to me, I accidentally stumbled across a new spoken-word album called Self Actualization and Life Changing Affirmations for Millennials. It’s by an artist — actually, a robot voice with an anonymous artist behind it — called Your Future Self, and according to the introduction track, “These recordings have been scientifically designed to help you realize your full potential.... Read More
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Celsius aims to disrupt the consumer credit industry using blockchain

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The worldwide consumer credit industry is primarily controlled by a few organizations, who profit from the process of lending and — according to many — are responsible for the state of consumer and student debt. In fact, in the U.S., $1.1 trillion — one-half of all the consumer credit issued — is currently controlled by six of the largest banks. Today Celsius — an Ethereum-based lending platform — has announced its plans to disrupt this indust... Read More
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Microsoft Ventures launches $3.5 million contest for AI startups

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Look out, artificial intelligence startups: Microsoft Ventures has a new $3.5 million contest that opens today to try to find the best of you. Today, the tech giant’s venture arm announced Innovate.AI, a new competition that’s designed to provide a bundle of funding to some of the top companies using AI around the globe. The competition is open to firms from North America, Europe, and Israel. Each region will have its own pitch-off, where 10 finalists will pitch their businesses to judges before a single grand prize winner is named. Each regional winner will receive a $1 million investment from Microsoft Ventures, plus $500,000 in credits for the tech titan... Read More
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August smart locks review: Intelligent convenience, for a price

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When it comes to peace of mind for the home, a San Francisco startup thinks a new set of locks could do the trick. August recently released a pair of new smart locks, and VentureBeat got a chance to test them out and see if they deliver on their promise. At the end of the day, August is selling two things with its smart locks: security and convenience. Security comes in the form of smart alerts that can tell users information like when the door has been opened or if it has been left ajar for too long, and includes an access log that lets them review what has taken place. The open door... Read More
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Masayoshi Son’s Grand Plan for SoftBank’s $100 Billion Vision Fund

In Business, Emerging Technology, Government, Start Up by New York TimesLeave a Comment

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What Mr. Son laid out for Mr. Gundersen helps explain why SoftBank and its Vision Fund has invested hundreds billions of dollars in a seemingly random sample of more than two dozen companies since the fund was announced. The investments span robotics software start-ups like Brain Corp. and the ... Read More
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Mapbox raises $164 million investment from SoftBank, others to grow its location platform for developers

In Business, Emerging Technology, Government, Mobile Technology, Start Up by Venture BeatLeave a Comment

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Mapbox, a location-focused data platform for web- and mobile app developers, has raised a gargantuan $164 million in a series C round of funding led by SoftBank’s Vision Fund, with participation from existing investors which include Foundry Group, DFJ Growth, DBL Partners, and Thrive Capital. Founded in 2010, Mapbox targets businesses with a range of tools to help their developers build location-focused features into their respective services, including navigation, maps, search, and more. The company provides software development kits (SDKs) that can be integrated into pretty much any digital experience, cover standard mobile apps, augmented reality (AR) or virtual reality (VR... Read More
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Cheaper cities provide a more even playing field for new entrepreneurs

In Business, Education, Government, Start Up by Venture BeatLeave a Comment

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There was a specific type of neighborhood I always envisioned my kids growing up in. There would be tree-lined streets. I would walk or ride my bike to stores and restaurants. My children would be part of a mob of kids wandering through the neighborhood. I would know those kids too, and they would think of our home as their home — and though I would complain about it, I really wouldn’t have it any other way. Almost five years ago my family and I moved to St. Charles, Missouri, which is part of the St. Louis metropolitan area. In Phoenix, where we moved from, buying a home in a tree-lined neighborhood would have set us back at least $500,000 — and it isn’t like Phoenix is known for a high cost of living. I just looked on Z... Read More