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Reminder From Oculus Founder Palmer Luckey: "First To Market Is Hard"
Dec 24, 10:26PM
On the day before Christmas, Oculus founder Palmer Luckey took to Twitter to amp folks up about what’s to come sometime in Q1 next year, the consumer version of the Rift. There are tons of questions around the product itself including guesses on how Oculus will actually execute the distribution of the Rift. The original founder of the company has continued to support the original mission… Read More
Three Ways To Stay Current In The Financial Services Industry
Dec 24, 10:00PM
The financial services industry is a cutthroat market with razor-thin margins, making it one of the toughest industries in which to generate profit. Yet, for fintech startups, it is one of the least chartered, most lucrative sectors. Accenture recently reported that fintech investments grew 201 percent in 2014 compared to the previous year. As a comparison, overall venture capital investments… Read More
Twitter's Fiscal 2015: Up, Flat, And Down
Dec 24, 8:00PM
Twitter did not have a lovely 2015. The world-famous social company saw its revenue rise, its usage flatten, and its share price fall. The company failed to change the arc of its own narrative during the year: Strong financial performance, but continued failure to grow its user base, the latter of which the market appears to weight more strongly. It brought in a new CEO to turn things… Read More
Bessemer Venture Partners' Ethan Kurzweil Talks Video In 2016
Dec 24, 7:01PM
2015 was a big year for video — especially when it came to user-generated video. Now there are services like Periscope and Meerkat, which are enabling users to broadcast the world around them live. We also saw YouTube launch a subscription model. And, according to Bessemer Venture Partners’ Ethan Kurzweil — who led the firm’s investment in Twitch — we’re… Read More
As 500 Startups Eyes Aggressive Expansion In 2016, Diversity Tops The Agenda
Dec 24, 7:00PM
The acclaimed accelerator 500 Startups is eyeing an aggressive global expansion plan in 2016, with 10 new micro-funds planned globally and as the investment firm plots its next course founder and managing director Dave McClure says that diversity in the fund and its portfolio are the top priorities. Read More
Five Tech Fixations In 2015
Dec 24, 6:00PM
What was on the mind of the tech industry in 2015? Plenty of course, but judging by the emails flowing into the TC inbox a few topics recurred enough to rise to the top of the preoccupations list over the year. Read More
14 Last-Minute Subscription Gifts For Your Internet-Connected Friends
Dec 24, 5:47PM
It’s probably too late to order a gift for your friends or family, but it’s certainly not too late to give the gift of a subscription. They can range from actual, physical deliveries to music- and video-streaming services, but nonetheless serve as a good down-to-the-wire gifts. Read More
I Heart You, So Please Buckle Your Uber Seatbelt
Dec 24, 4:46PM
Force fields aren’t real, at least not yet. Cars are dangerous. So whether you’re in an Uber, Lyft, taxi, or you’re driving yourself, buckle your seatbelt. Several friends of mine recently had their Ubers run into by other cars. Luckily, they were all wearing their seat belts and no one got seriously hurt. But if they weren’t, if they didn’t take those few… Read More
Google And Microsoft Launch Their Santa Trackers
Dec 24, 3:31PM
Remember when kids just peered out at the stars, trying to spot the lights of Santa’s sleigh (or Rudolph’s shiny nose)? Well, those days are long gone. Santa tracking once again has received its annual digital upgrade. Today, Microsoft and NORAD begin tracking Santa along with Google, on its own just-launched Santa Tracker website. Google’s site this year offers a… Read More
These Healthcare Apps Keep Us On Our Best Behavior
Dec 24, 2:00PM
The key question that nearly everyone is asking is this: how can we reliably affect behavior change to increase the well-being of groups large and small, across America? The future of preventative care depends upon the answer. Read More
13 Asian Startups To Watch In 2016
Dec 24, 1:47PM
2015 was an eventful year for the tech industry in Asia. Funding started to flow in India, which is expected to become the world’s second-largest Internet market soon, while many tech companies in China, South Korea, and Southeast Asia also hit key milestones. The following is just a small sample of startups that will do impressive things next year in industries ranging from finance… Read More
#MisguidedPR: The Industry's Internal Crisis
Dec 24, 1:00PM
A U.S. Department of Labor report last year stated there were approximately 57,000 PR managers and 208,000 PR specialists in America; conversely, there were only 46,500 journalists. Do the math.That means there are roughly 5.7 PR professionals for every one journalist. That’s like the equivalent to having six crying babies with only one babysitter. Read More
Despite Unrest, The Israeli Tech Ecosystem Is Flourishing
Dec 24, 10:00AM
Over the past few months, violence has once again scarred Israel and the Palestinian Territories, yet despite the violence and the losses on both sides of the conflict, technology companies in the region are flourishing. Israeli rounds of financing, both into Israeli companies and from local investors are on the rise. Several Israeli VCs announced new funds over the past two months… Read More
Social Commerce Startup Carousell Is Raising $50M To Expand In Asia
Dec 24, 9:45AM
Carousell, a three-year-old mobile marketplace that enables social commerce, could emerge as the next big e-commerce player in Southeast Asia. That’s because, according to multiple sources in to the investor and e-commerce communities in Southeast Asia, the Singapore-based company is currently trying to raise a whopping $50 million Series B to expand its footprint across Asia. Read More
Hyatt Is Latest Hotel Brand Hacked After Finding Malware On Its Payment System
Dec 24, 5:57AM
Hyatt, the global hotel chain with 627 properties across more than 50, countries is the latest in its industry to suffer a cyber security attack. Read More
Illinois Attorney General Says DraftKings And FanDuel Are Illegal Under State Law
Dec 24, 5:17AM
In the words of DJ Khaled: “Another One!” Jumping on the daily fantasy sports bandwagon, Illinois Attorney General Lisa Madigan has joined NY AG Eric Schneiderman in deciding that DraftKings and FanDuel violate state law. In a letter responding to an inquiry by state representatives Elgie Simms and Scott Drury, Madigan explains that she believes both FanDuel and DraftKings… Read More
Video Ad Startup Innovid Raises $27.5M
Dec 24, 1:19AM
Less than a year after its last round, Innovid is announcing that it has raised $27.5 million in new funding. The New York City-headquartered company works with more than 220 advertisers, including Best Buy, Procter & Gamble and Walmart, to create, target and measure their video campaigns. Co-founder and CEO Zvika Netter has said that what really sets Innovid apart is “a… Read More
40 Diverse People In Tech Who Made Big Moves In 2015
Dec 24, 1:08AM
Diverse people — people of color, LGBTQ men and women, women in general, people with disabilities, older people, younger people, etc. — have contributed a lot to the overall tech ecosystem this year. Before you dive in, please keep in mind that this list is by no means comprehensive. There are tons of diverse people in tech who accomplished amazing things this year, so… Read More
The Midwest Startup Formula Will Change The Status Quo For Building Businesses
Dec 24, 1:00AM
As Silicon Valley startups continue chasing private valuations, entrepreneurs in the Midwest are following an entirely different approach. Our goal is the same — to build world-class businesses based on innovative technologies that create new wealth — but our approach is entirely different. We are proving that startup success comes from validating a real market need, then building… Read More
Salesforce Grabs Quote To Cash Vendor SteelBrick for $360 Million
Dec 24, 12:59AM
They say there’s not supposed to be much M&A action the week of Christmas, but Salesforce apparently didn’t get the memo, picking up quote-to-cash vendor SteelBrick today for $360 million. According to the 8-K form Salesforce filed with the SEC, the deal is for $360 million in stock, less the $60 million SteelBrick has in cash, but not including Salesforce’s investment… Read More
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