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Is There A Smoother Road To Success For Tesla In China?
Dec 27, 11:00PM
Things weren’t looking good for Tesla in China in early 2015. The luxury automaker faced tax breaks that favor domestic manufacturers, complex local license-plate laws and an army of sophisticated domestic copycats. Such hurdles are to be expected when any U.S. tech startup expands into China, but they seemed to hit Elon Musk’s Silicon Valley darling particularly hard. Read More
Why Groupon Needs To Go Private To Rebuild Its Vision
Dec 27, 9:00PM
After seeing big and small competitors collapsing or withdrawing altogether from the race, Groupon still enjoys an undisputed leadership in the deal space. However, with slow growth in North America, and no growth at all in the international markets, the once fastest-growing company in history is having a hard time meeting the growth expectations of public markets. Read More
Facebook Confronts The Free Internet Neutrality Dilemma
Dec 27, 8:47PM
The subject of contention is Free Basics, Facebook and Internet.org‘s app that offers free data access but only to a limited section of the Internet. Free Basics is available in roughly 35 countries through Facebook’s partnerships with mobile carriers who see it as a way to persuade people to buy data plans. But Facebook’s control over the technical guidelines for what… Read More
The Freelancer Generation: Why Startups And Enterprises Need To Pay Attention
Dec 27, 4:00PM
Gone are the days of the 40-hour work week that kept us at work eight hours a day. I find that most startup founders or business owners in Silicon Valley work 50-60 hours a week. Today, freelancing is becoming the accepted norm of the startup world. As more startups are starting to use the millions of freelancers, it’s driving more and more people to join the freelancer generation. Read More
It's The Jons 2015!
Dec 27, 2:00PM
Merry Christmas! 2015 was a truly great year in technology, bringing us self-driving electric cars, reusable orbital rockets, the rise of precision gene editing… and some lesser achievements. Since nothing of interest will happen in the next four days, I have decided to jump the gun; today I announce my annual dubious achievement awards, named, in a fit of awe-inspiring humility,… Read More
How I Created A $350 Million Software Company Knowing Nothing About Software
Dec 27, 4:00AM
I’ve always wanted to make a lot of money, have people pay a lot of attention to me and do a lot of exciting things. I just never knew how. Many of my friends who are founders of their own companies tell me how they exhibited the entrepreneurial spirit as a kid — they sold candy out of their backpacks, had a landscaping business during the summer, etc. They created value and… Read More
Samsung And Oculus Team Up With LeBron James For Virtual Reality Journey
Dec 27, 12:29AM
On Christmas day, the world was given a gift by Oculus, Samsung, UNINTERRUPTED, and LeBron James during the Warriors and Cavaliers game. The two companies who paired up for Samsung’s Gear VR, a hot ticket item this holiday season, launched a LeBron James experience in VR called “Striving for Greatness” with a fantastically iconic commercial. When the commercial came on,… Read More
Theranos Wellness Centers Aren't Using "Nanotainers" At This Time
Dec 27, 12:20AM
A Theranos testing center in Mesa, Arizona has informed me they are not allowed to use Theranos’ proprietary equipment to test for herpes simplex 1, the only test the FDA has so far given Theranos the green light to test on their own technology. I’m in Arizona visiting family over the holidays and since I’m in the only state currently running tests for… Read More
Augmented Reality Will Make Us Smarter
Dec 26, 11:00PM
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… Read More
The Cloud's Biggest Threat Are Data Sovereignty Laws
Dec 26, 8:00PM
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… Read More
China: Scaling The World's Highest Innovation Peaks
Dec 26, 4:00PM
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… Read More
Can Fintech Fix Financial Services?
Dec 26, 3:00AM
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. Read More
Investing In Artificial Intelligence
Dec 25, 10:00PM
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. Read More
Lyft Takes In More Foreign Investment – Including From A Saudi Prince
Dec 25, 4:09PM
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… Read More
A Holiday Perspective On Technology And Consumerism
Dec 25, 4:00PM
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… Read More
Alibaba To Invest $1.25B In Restaurant Delivery Service Ele.me, Says Report
Dec 25, 8:44AM
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. Read More
Logistics Is Sexy
Dec 25, 5:47AM
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. Read More
'Twas The Night Before Christmas In 2015
Dec 25, 3:00AM
‘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… Read More
10 Trends That Will Shape Southeast Asian E-Commerce in 2016
Dec 25, 2:00AM
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. Read More
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
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