Come August, our planes, trains and automobiles may receive a public shaming. Tesla co-founder and CEO Elon Musk announced yesterday he’ll debut his plans for a “Hyperloop” transportation system August 12; and…
$5M Funding a Breakthrough for Mentally lll
Despite reports that between 1 in 4 and 1 in 5 Americans (depending on who you ask and when) suffers from mental illness, barriers to care keep many from receiving it. With…
Scality Raises $22M to Globalize Scale-Out Data System
Big data is the next revolution in business, and Scality strives to turn the industry on its head through a low pricing model that uses multiple distribution points for an easily scalable…
Microsoft Reorganizes in Overhaul to Boost Mobile Efforts
Microsoft leaders announced its biggest overhaul in five years to improve its innovation and streamline its product line as it plays catch up with competitors in mobile and cloud computing efforts. The…
Manufacturing For the People, By the People
Yesterday, Chicago Public Library opened the doors to its maker lab for the masses, a place where the public can play with 3D printers, milling machines and more. Those previously barred from…
Mobile Ad Spend Spikes 83%, Earning $9B in 2012
Smartphone growth may have reached its saturation point in already developed markets, but mobile advertising revenue is just beginning to hit some impressive speeds. Global mobile advertising spend earned $8.9 billion in…
KakaoTalk Jumps Ahead of Facebook
KakaoTalk, a 3-year-and-change-old Korean messaging app, has eclipsed Facebook’s popularity in South Korea and Japan. The company leverages its simple, all-under-one-roof social media infrastructure and immersive, visual communication strategy––enhanced by digital content…
Taking on Twitter’s Vine, Instagram Launches Video Sharing
Instagram announced video sharing capabilities this week at a special event in Facebook’s headquarters, giving Twitter’s Vine a run for its money. Instagram will enable 15-second clips of video (with a three…
Fab Scores $150M at $1B Valuation to Expand Internationally
Fab has come a long way since its original debut back in 2010 as Fabulis.com, a gay social network. The company evolved from a social meet up place into a flash-sales pipeline,…
Accel Bets $100M Fund on Big Data’s “Last Mile”
Big data just attracted more dollar signs. The latest is a $100 million fund from Accel Partners, dubbed Big Data Fund 2, which follows up on its first fund focused on big…