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Feb 16, 5:54AM
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News In Shorts, an India-based company that operates a news digest app for iOS and Android, has raised a $4 million Series A round led by Tiger Global.
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Feb 16, 5:30AM
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If you pay any attention to the gaming world, it’s hard not to notice the unfortunate flameout of Peter Molyneux. Once a respected figure, now synonymous with fanciful promises and untruths, his current plight is awful to behold. And yet at the same time Molyneux has an important lesson to teach, about the value of creativity and ambition in gaming that we all too easily forget.
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Feb 16, 5:10AM
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Consulting and IT services provider Infosys announced today that it will acquire Panaya, an enterprise resource planning (ERP) software company. Worth an enterprise value of about $200 million, the deal is expected to close by the end of March.
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Feb 16, 4:01AM
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500 Startups, the U.S. startup investor/accelerator with a reputation for backing startups across the world, is deepening its efforts in Asia with a new $10 million micro-fund for Thailand. The organization launched a $10 million fund for Asia — ‘500 Durians’ — in 2013, but this new one — ‘500 TukTuks’, named after the iconic taxis pictured above…
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Feb 16, 3:41AM
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LG was among the first wave of smartphone makers to venture into smartwatches. The G Watch and G Watch R are probably among the best in the market right now — not that this statement says much — but LG has just announced its latest addition, the LG Watch Urbane, as Apple prepares to enter the space.
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Feb 16, 2:26AM
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Jim Greco sat in front of his computer at Jeffries Investment Bank headquarters in New York and thought about the futility of his bond trading job. He was about to pull up a file on his PC and then make a physical phone call to another institution to place an order for a bond transaction. Something needed to be done. Unlike the stock market, the bond market doesn’t have a…
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Feb 16, 2:00AM
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Mobile video has been growing steadily for years but it is now close to justifying the hype that it generated throughout the years. Mobile video ad spend in the US more than doubled from 2013 ($720 million) to 2014 ($1.5 billion) and will reach $6 billion in 2018, representing about half of total online video ad spend.
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Feb 16, 12:30AM
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The outcry in the US reflects a similar sentiment sweeping across Europe. The rise of numerous right wing parties of varying extremes across European countries has led to immigration being actively curtailed, with anti-EU sentiment making a desire for homegrown talent in business highly charged. But as arguments on both sides escalate, the technology sector has emerged among the voices of reason.
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Feb 16, 12:20AM
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Bill Gurley, a general partner at Benchmark, makes news mostly because he says what other venture capitalists will tell you while drunk, but does so while on the record. It’s refreshing in a way. Most recently, Gurley made the point that the tech and investment industries are shoving nine and ten-figure sums of cash into startups while not enjoying a full dig into their financials. In…
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Feb 15, 11:00PM
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Nvidia has a streaming game service called GRID, which it debuted last year via its Shield dedicated Android gaming devices. The maker of PC and mobile gaming graphics hardware is dabbling in becoming more of a service provider with GRID, especially since it actually has the potential to cannibalize the sale of powerful graphics cards for local gaming rigs. Nvidia is set to make a big…
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Feb 15, 10:00PM
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Like many in Silicon Valley, I recently saw Morten Tyldum’s “The Imitation Game”. Admittedly, I have a soft spot for underdog academic narratives and actually teared up. However, I couldn’t shake the feeling the film pigeonholed the breadth and depth of Turing’s work to early cryptography and its mechanized instantiation in WWII.
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Feb 15, 9:31PM
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Golfers like to talk about their long game and their short game. Maybe it’s useful to look at Microsoft’s strategy that way too. Since Satya Nadella took over just over a year ago as CEO at Microsoft, he has started to redirect the company, looking at the short term, while perhaps beginning to formulate a plan for the next wave of computing. Microsoft is the quintessential…
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Feb 15, 8:02PM
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The FCC is moving on net neutrality. And past internal dissension at the agency, Congressional forces are lining up to mostly kick up dust and whine as the Commission readies to vote on stringent rules in under two weeks. FCC Chairman Tom Wheeler initially intended to ground new net neutrality rules on Section 706 of the Telecommunications Act. Later, he changed his mind, deciding that Title…
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Feb 15, 4:34PM
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Who should live and who should die? Every day, thousands of patients across the United States put their lives into the hands of trained medical professionals, relying on the skill, experience, and intuition of these experts to safely regain their health. Medical doctors are strictly licensed, required to go through years of rigorous academic training and apprenticeships before they are allowed…
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Feb 15, 4:33PM
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After a number of delays, the U.S. Federal Aviation Administration (FAA) today officially announced its proposed rules for small commercial drones. Most of the proposed rules already leaked earlier this weekend. Overall, the proposed rules are pretty straightforward and more lenient than previously expected, but while they open up a number of use cases, they are still strict enough to make…
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Feb 15, 2:00PM
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Dear Google: what happened? Android sales are falling. Chrome has become a bloated hog. Analysts are calling you “the new Microsoft,” or worse, “the new Yahoo!” And worst, most damning of all: you have squandered our trust. You used to be special, Google. Or at least we used to believe you were special. But you seem more and more like just another megacorporation.
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Feb 15, 8:50AM
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The Federal Aviation Administration (FAA) will officially announce its proposed rules for small drones (or UAS — unmanned aerial systems — as the agency likes to call them) on Sunday. However, as Forbes first reported earlier this weekend, a document (first discovered by Steve Zeets) leaked out ahead of the announcement that now gives us a pretty good idea of what these…
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Feb 15, 4:00AM
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It’s hard to believe that we’ve actually made it ‘back to the future’. In the 25 years since the second film in the Back to the Future trilogy came out, much of the director’s vision of the future has been borne out. And that fact holds some interesting lessons for entrepreneurs.
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Feb 15, 2:00AM
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You don’t have to watch NCIS to know that almost everything we do leaves some kind of trail or trace. Every click of the Internet and every post we make, email we send and file we download are all being tracked by someone somewhere. Unless, of course, it isn’t. There are many reasons a person would want to go incognito on the Internet, and those reasons run the gamut from reasonable…
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Feb 14, 11:00PM
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There are lessons to be drawn from how people are talking about the technology services they are interacting with. Not just in general terms — whether they like or dislike a service and so on; but what more subtle linguistic signifiers might be expressing on their behalf. What reactions might be evident in language choice before those feelings are being consciously articulated as…
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