• Tech Company With $39 In Assets Now Worth More Than $6B

    Tech Company With $39 In Assets Now Worth More Than $6B

    Are we in a bubble? We’re in a bubble. CYNK Technology,  a ‘company’ with a grand total of $39 in assets, has seen its share price rise dramatically, spiking to a valuation of more than $6 billion in a matter of days. The company’s 52 week low valued the firm at less than $18 million. Haven’t heard of CYNK? You are not alone. Despite having a valuation higher… Read More

  • The App Store, Six Years Later
  • This Humanoid Robot Uses Walking Sticks To Climb Over Rubble

    This Humanoid Robot Uses Walking Sticks To Climb Over Rubble

    Oussama Khatib Shu-Yun Chung have brought us the SupraPed. Khatib and Chung, researchers at Stanford, are working on a system to allow bipedal robots extra stability by giving them a pair of walking sticks. Unlike us weak humans, however, the robots will bend and twist in all sorts of ways to get across chasms or over large obstacles. To deploy humanoid robots in cluttered and unstructured… Read More

  • Vaavud Takes To Kickstarter Again For A New Smartphone Wind Meter That Tracks Direction

    Vaavud Takes To Kickstarter Again For A New Smartphone Wind Meter That Tracks Direction

    Kickstarter has been around long enough that the Kickstarter double-dip is now a well-established thing – basically it’s the practice of a company returning to the crowdfunding well to secure the resources for a new product launch. The original Vaavud was a wind meter that required no power and plugged into your smartphone’s 3.5mm stereo input jack, but that actually… Read More

  • Amazon Goes After Box, Dropbox And Huddle, Launches Zocalo For Secure Enterprise Storage

    Amazon Goes After Box, Dropbox And Huddle, Launches Zocalo For Secure Enterprise Storage

    E-Commerce giant Amazon has made huge competitive inroads into the cloud services market with Amazon Web Services, and today it’s adding another feature that will put it into direct competition with the likes of Box and Dropbox: it’s launching Zocalo, a secure enterprise storage service. The company is launching Zocalo in a limited preview from today. Amazon describes the service… Read More

  • Button Wants To Bring Loyalty Rewards To The On-Demand Economy

    Button Wants To Bring Loyalty Rewards To The On-Demand Economy

    Imagine you’re an executive running a multi-billion dollar e-commerce business and you have figured out ways to keep customers on your site and prompt them to make purchases a couple of times a year. Now imagine if you could bring those same tools to businesses that have monthly, weekly, or even daily transactions from customers to boost usage even further. Read More

  • Microsoft Still Not Selling Its Xbox Business

    Microsoft Still Not Selling Its Xbox Business

    The second best false Microsoft meme is that the company will break off and sell its Xbox business. Why would it do that? It isn’t clear. It’s also not happening. At all. This morning, in a company-wide email that was also published online, Microsoft CEO Satya Nadella detailed his strategy for the company. Despite the copy going through what appears to have been too many drafts… Read More

  • Email Marketing Company PulseConnect Becomes PostUp, Founder Joshua Baer Returns

    Email Marketing Company PulseConnect Becomes PostUp, Founder Joshua Baer Returns

    Email marketing company PulseConnect is getting a new name, PostUp, while at the same time reconnecting with its roots — specifically with founder Joshua Baer, who’s joining PostUp’s board of directors. The company has a rather convoluted history. It was founded as Skylist back in 1996, then acquired by digital marketing company PulsePoint in 2005. At the beginning of this… Read More

  • GoDaddy Acqui-hires Founders Of Smart Calendaring App Canary

    GoDaddy Acqui-hires Founders Of Smart Calendaring App Canary

    GoDaddy is again expanding its team focused on serving the needs of small business owners with the acquisition of a smart calendaring service called Canary. The deal for Canary is more of an “acqui-hire,” than acquisition, as GoDaddy has no intentions of bringing the Canary application into its current product lineup. However, the company tells us that the app will not be shut… Read More