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Dec 26, 11:00PM
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Moore’s Law is bound to pop up any time you read an article about the future of technology. Moore’s Law is common knowledge in tech; it deals with the exponential growth of the number of transistors on a circuit and the speed that information is processed. I’d argue that there’s a new law that is just as important bubbling up to the forefront today: The Law of…
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Dec 26, 8:00PM
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The beauty of the cloud is the promise of simplification and standardization — without regard to physical or geographic boundaries. It’s this “any time, any place, any device” flexibility that is driving rapid adoption. However, new government regulations on data sovereignty threaten to complicate the delivery model that has made cloud computing attractive, presenting…
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Dec 26, 4:00PM
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In a world of statistics, here’s a number that stands out: 71. That’s how many times the word “innovation” was mentioned in a communiqué issued after the Chinese Communist Party’s recent plenary meeting, which focused on China’s next five-year plan. It’s clear why China is concentrating so many words — and so much energy and effort — on…
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Dec 26, 3:00AM
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A review of the new Michael Lewis movie The Big Short describes a scene during the 2008 financial crisis in which renters were “kicked out of their homes because their landlord didn’t pay the mortgage, even though they were making their rent payments in full.” It serves as one of many examples of how our malfunctioning financial system produces fundamentally unfair outcomes.
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Dec 25, 10:00PM
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Artificial intelligence is one of the most exciting and transformative opportunities of our time. From my vantage point as a venture investor at Playfair Capital, where I focus on investing and building community around AI, I see this as a great time for investors to help build companies in this space.
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Dec 25, 4:09PM
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Lyft is now partly owned by Saudi prince Al-Waleed Bin Talal bin Abdulaziz al Saud. The prince led a recent $247.7 million round for a roughly 5 percent stake in the ridesharing service – putting up $105 million in his own funding as part of the deal for 2.3 percent of the pie. Al-Waleed is a global investor and business magnate some have dubbed the “Arabian Warren…
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Dec 25, 4:00PM
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Holiday shopping, long a staple in American life, has undergone significant change over the past half century. The “Miracle on 34th Street” post-war tradition of heading downtown to Macy’s or Bloomingdale’s has evolved from quaintly old-fashioned to downright anachronistic. The other holiday shopping tradition of hopping in the family truckster on Black Friday and…
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Dec 25, 8:44AM
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Alibaba will reportedly invest $1.25 billion in Ele.me, a food delivery service based in Shanghai, says financial news site Caixin (link via Google Translate). The deal would Alibaba the startup’s biggest shareholder, with a 27.7 percent stake.
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Dec 25, 5:47AM
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Convincing people that the development of the logistics industry is a scintillating topic is difficult. I mean, just look at this stock photo. The artist had to layer together at least five (possibly seven) pictures to make a single image about logistics even somewhat interesting. But logistics don’t just go round the world—it also makes the world go round.
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Dec 25, 3:00AM
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‘Twas the night before Christmas, when all through the house Not an iPhone was buzzing, nor the click of a mouse; The Androids were plugged on the night stand with care, In hopes that new Snapchats soon would be there; The children were nestled in their new Casper beds; While Spotify Discover Weekly songs rang in their heads; And Mamma in her Net-A-Porter, and Dad in his Mr. In a…
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Dec 25, 2:00AM
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Following in the footsteps of China and the U.S., Southeast Asia is on the cusp of an e-commerce golden age. With online shopping accounting for only 1 percent of retail today, the region is slated to reach double-digit China-esque numbers within the next 4-5 years.
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Dec 24, 10:26PM
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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…
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Dec 24, 10:00PM
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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…
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Dec 24, 8:00PM
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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…
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Dec 24, 7:01PM
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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…
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Dec 24, 7:00PM
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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.
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Dec 24, 6:00PM
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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.
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Dec 24, 5:47PM
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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.
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Dec 24, 4:46PM
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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…
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Dec 24, 3:31PM
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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…
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