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Soylent Debuts Its Ready-To-Drink Meal Replacement Shake, Soylent 2.0
Aug 03, 4:55PM
Venture-backed food replacement drink maker Soylent – yes, named after the movie where people unknowingly were sustained by eating other people – is out today with its newest product. The company this morning introduced “Soylent 2.0″ (still not people), which is actually a vegan, soy-based nutritional drink that’s now shipping in a ready-to-drink package. Read More
Frontback Is Back With A New Team
Aug 03, 4:35PM
It’s a bit of an emotional rollercoaster for the Frontback community right now. On July 23rd, the company announced that it would shut down on August 15th after two years. But something highly unexpected happened. A new team is taking over at Frontback and the service will stay open after August 15th. Read More
The Math Behind Microsoft's Big Nokia Writedown
Aug 03, 4:11PM
Inside a recent SEC filing, Microsoft detailed the figures behind its massive goodwill writedown that trashed its earnings last quarter. The writedown was an admission that the company’s expensive attempt to break into the first-party smartphone business has struggled. Read More
Bohemian Guitars Returns With Something That Will Encourage Ukulele Lady To Like You
Aug 03, 3:55PM
Bohemian Guitars first won our hearts with their unique oilcan git-fiddles, an instrument at once primitive and surprisingly advanced. I played with them about two years ago and now they’re back with two new instruments and an updated axe. Read More
Sony's New Phones Are Perfect For Snapchat, Yet No One Will Buy Them
Aug 03, 3:43PM
Sony announced two mid-range smartphones today focusing on what Sony does best — smartphone cameras. As a reminder, Sony is one of the leading providers of smartphone cameras, supplying the biggest smartphone makers in the world. For example, both Apple and Samsung rely on Sony for their flagship phones, the iPhone 6 and the Samsung Galaxy S6. Read More
Amazon Cuts Down On Prime Members Sharing Their Benefits
Aug 03, 3:28PM
Amazon quietly rolled out a series of changes to its “Amazon Household” program and the ability for Prime members to share their shipping benefits over the weekend. The changes are designed to limit the ability for customers to share Amazon Prime subscriptions with those who are not actually members of their immediate family, it appears. Amazon previously allowed anyone with an… Read More
Eden, Offering On-Demand Tech Help, Switches From Contractors To W2 Employees
Aug 03, 3:00PM
Back in May, Eden launched out of the Y Combinator accelerator to provide users with on-demand tech help, whether it’s fixing a cracked iPhone screen, solving WiFi issues, installing a printer or mounting a new TV. The startup has seen steady growth, and since raised $1.3 million in seed funding, but thus far the company has been using 1099 contractors to deliver Eden tech help service. Read More
Microsoft Acquires Sales Contest Platform FantasySalesTeam, Will Integrate Into Dynamics CRM
Aug 03, 2:05PM
Microsoft announced this morning the acquisition of Austin, Texas-based Incent Games, the makers of a “sales gamification” platform called FantasySalesTeam. As the name implies, the company’s software allows sales organizations to run contests that are similar to those found in fantasy sports. Microsoft says today it will make this feature available to its own customers in… Read More
With $3.6 Million In Funding, Meal Box Is Building A Turkish Food Delivery Empire
Aug 03, 1:17PM
After launching in Istanbul just over a year ago, Meal Box, a healthy meal delivery startup, is looking to corner the take-out market in the world’s fifth-largest city. Backed by $3.6 million in funding from Aslanoba Capital, one of Turkey’s most active venture firms, the company wants to replace fast food with traditional, healthy Turkish cooking for a generation of young… Read More
Betaworks-Backed Glitter Is A Personal Trading Cards App
Aug 03, 1:07PM
Every two years, betaworks brings in brand new entrepreneurs and helps them bake up a new batch of products and services. In 2013, those companies included Giphy, Dots, and Poncho, and now the startup studio is ready to introduce its first new product of the 2015 batch. World, meet Glitter! Glitter is a personal trading cards app, which lets users create mobile, tradable cards that feature… Read More
Mobile Marketing And Analytics Startup WizRocket Lands $8M From Sequoia And Accel
Aug 03, 11:30AM
WizRocket, which helps companies increase user engagement by fine-tuning mobile, web, and e-mail notifications, has raised $8 million in new funding from Sequoia Capital and returning investor Accel Partners. The Palo Alto-based startup will use its fresh capital to launch an API for developers and a new engagement platform. Along with a previous seed round from Accel, this brings… Read More
Xiaomi Regains Top Spot In China's Smartphone Market, Ahead Of Huawei And Apple
Aug 03, 9:32AM
Xiaomi regained the crown as China’s top smartphone in Q2 2015, according to reports from multiple analyst firms. Read More
BoardVitals Raises $1.1 Million To Make It Easier For You To Become A Doctor
Aug 03, 8:52AM
BoardVitals is essentially a repository for hard questions. Aimed at doctors to be, the service wants to change the way medicine is taught and is beginning with the medical boards, test taken by doctors in specific fields to become licensed to bleed you to release the bad humours. The company raised $1.1 million in Series A from Rock Creek Capital after a small seed fund. The company has… Read More
SoftBank Leads $100M Investment In India-Based Budget Hotel Network OYO Rooms
Aug 03, 8:33AM
SoftBank is back investing in India after it lead a $100 million round for OYO Rooms, a two-year-old startup that runs an online marketplace for affordable hotels in the country. Read More
The Mt.Gox Arrest Is The End Of The First Age Of Bitcoin
Aug 03, 8:16AM
The former head of bitcoin exchange Mt.Gox, Mark Karpeles, screwed a lot of early adopters. It is unclear at this point how much Karpeles allegedly lost or took, but the Japanese police are claiming he lost about $387 million while Mt. Gox was in business. While his inept management was inexcusable – according to Japan Times Karpeles apparently added millions in bitcoin to a live server… Read More
Snapdeal, One Of India's Largest E-Commerce Players, Reportedly Gets $500M From Alibaba, Foxconn And SoftBank
Aug 03, 7:19AM
Snapdeal, one of India’s biggest e-commerce companies, has scooped up $500 million in funding from Alibaba, Foxconn and SoftBank, according to Re/code. The Wall Street Journal first reported in June that Alibaba and Foxconn were in talks to jointly invest $500 million in Snapdeal in June at about a $5 billion valuation. SoftBank was already Snapdeal’s largest shareholder, having… Read More
Nokia Sells HERE Mapping Business To Group Of European Car Makers For $3.07B
Aug 03, 5:45AM
Nokia has announced that it has agreed to sell its HERE mapping business to a consortium of automobile makers for €2.8 billion ($3.07 billion), ending months of speculation over its future. The Finnish company confirmed that it will hand the business over to AUDI AG, BMW Group and Daimler AG (Mercedes) in a deal that is expected to close in the first quarter of next year. Read More
Drawing Lessons From July's Jeep Hack
Aug 03, 4:01AM
If you were anywhere near the internet in late July, you probably read the news: Charlie Miller and Chris Valasek, two security researchers who specialize in hacking cars, figured out how to remotely take control of a Jeep. They didn’t just take control of the vehicle from ten miles away— the hacking duo exploited a software flaw that shut down the Jeep’s engine while… Read More
Government Should Think Before Imposing Heavy Regulation On Fintech
Aug 03, 1:00AM
On July 16, the U.S. Treasury Department finally made a move that many fintech professionals have expected – and some dreaded – for years. They issued a Request for Information (RFI) for online marketplaces. Their goal is to “allow policymakers to study the various business models and products offered by online marketplace lenders, the potential for online marketing lending… Read More
Ephemeral Vs. Perpetual Messaging: Thinking Outside The Timeline
Aug 02, 10:00PM
If you are following the battle of the short messaging systems, you might think it is a one-dimensional contest between the systems that maintain your chat history for all time – like Twitter and Facebook – and the so-called disappearing messengers – like Snapchat – where messages vanish after being read. Read More
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