Business

Earlier this month, Qumulo (pronounced as cume-u-low), a Seattle-based stealth storage startup not so secretly announced a $40 million B round investment to its gilded, rich coffers. The smart storage company grabbed a healthy from Kleiner Perkins Caufield & Byers (KPCB), with participation from existing inventors Madrona Venture Group, Highland Capital and Valhalla Partners who had previously added $27 million in a Series A funding round. Company co-founder and CEO Peter Godman had previously cut his smart storage teeth dur...
Hyperloop Transportation Technologies (HTT), a research company committed to building the revolutionary Hyperloop transit system, inspired by Elon Musk’s idea of making people travel in high-speed tubes, has secured a target launch date of 2016 to build a working full-scale demo version of the Hyperloop. It has signed a deal to build a five mile facility in New Central, California, which is a model town that was envisioned to be a 150,000-resident solar-powered city. The Hyperloop facility will be developed by a local developer Qwa...
Microsoft on February 4, 2015 rolled out early versions of its Office suite designed for Windows 10, software that is optimized for touch-friendliness and compatibility with devices of every category and screen sizes. The desktop edition of Office 2016 for Windows 10 (Word, OneNote, Excel, PowerPoint and Outlook) is expected to ship this year. The new Office apps will be pre-installed on tablets and smartphones running Windows 10, and will also be available for download from Windows Store for other devices. The Word app will let...
For years, technology companies have promised to revive mobile payments, persuading people to put away their credit cards and pay with mobile phones instead. But in the past few months, with the release of Apple’s Apple Pay app, Samsung’s LoopPay, Google Wallet, and more new entries jumping in, the mobile payment space has turned into a grid for a loomingaggressive war. Now, Google’s acquisition of a new technology and its new partnership with US cellular carriers could mean Apple Pay is finally going to face some fierce competitio...
Bionics is a brilliant synthesis of poles apart branches of science that explores the interplay between electronics, human psychology and robotics. Intrinsically, it is one of the latest branches of science. Modern editions of popular dictionaries explain the word ‘bionic’ as a fictional character with artificial body parts; beings that are capable of doing things that average humans cannot do. The science of bionics has been around since the 1990s and has evolved exceptionally over the last decade. Bionics is said to be a futurist...
With BlackBerry rolling out its latest cloud-based Internet of Things platform, the Canadian handset maker is maneuvering to power its far reaching technology portfolio. The latest IoT platform is a mix of Blackberry’s QNX software system for connected devices and its widely acclaimed protected network infrastructure. Blackberry is looking to provide its customers the chance to structure IoT applications in a protected, competent and versatile way. In this way, it has developed its supreme security and reliability to developing IoT...
Following the successful landing of Rosetta mission’s Philae on a comet in November, a UK-based team is now tinkering its way to capitalize on a resuscitated space exploration plan. Lunar Missions Ltd. recently conducted the launch of its own crowdfunding campaign on Kickstarter with the hopes of raising funds to land a robotic probe that will bury a time capsule on the lunar south polar. The campaign has already pulled in more than $313,000 and has reached one third of its goal of the savvy budget in just 24 hours. The mission isn...
What is the first thing that comes to my mind when I want to curse somebody? May your CAPTCHAs always and forever be an unreadable mess! The best of CAPTCHAs make you question your humanity, and of bots! The sole reason why you have to fill them out is to prevent automated logins by bots. But with progress in machine learning and image recognition, computer vision has eventually reached a point where it may turn out to be quite useful to us. Flickr, photo/video hosting site recently launched Park or Bird. The single-page web app wa...
The world is rapidly changing and mega-cities are now evolving into vast mega-regions. By 2050, over 70 percent of the world’s population will be urban dwellers. This means that people are going to need world-class transportation, energy and housing. Unless, we want our kids to live in a city that is as smog-choked as China is, transportation will have to be emission free. Taiwanese start-up Gogoro, founded by former HTC Chief Innovation Officer Luke Horace, wants to provide products that will change the way people use energy in hu...
As more and more coastal cities face growing challenges ranging from rising sea levels to population density problems, more and more urban planners are switching to building unconventional means as a solution. A Japanese company recently flashed in headlines for coming up with a very novel proposal – building underwater cities - cities of the future! A futuristic concept for a self-sufficient city, The Ocean Spiral, has been designed to float amidst the eeriness of the sea and uses the ocean to run infrastructure that could support...