• New Picture-Based Messaging App Hipe Gives Friends Just 99 Seconds To Respond After Reading Your Text

    New Picture-Based Messaging App Hipe Gives Friends Just 99 Seconds To Respond After Reading Your Text

    A new mobile messaging app called Hipe, which lets users share GIFs, videos, or image overlays and a short amount of text, has introduced a twist on ephemeral messaging which turns replying to conversations into something of a game. In Hipe, friends only have 99 seconds to respond to a message after reading it, or otherwise the content disappears and the conversation is gone. The company says… Read More

  • Coinbase Launches A More Secure Bitcoin Storage Option Called ‘Vault’

    Coinbase Launches A More Secure Bitcoin Storage Option Called ‘Vault’

    One of the amusing things about the fast-maturing Bitcoin ecosystem is how the better-funded startups in the space are offering products that increasingly resemble services proffered by banks, the very entities they arguably are trying to disrupt. With Bitcoin, transactions can be handled anonymously and irreversibly without the need for a third-party mediator. Yet that ability also has… Read More

  • Hire Someone Already! Google Ventures Mulls Its European Moves

    Hire Someone Already! Google Ventures Mulls Its European Moves

    As the cream of Europe’s entrepreneurs filed into the beautifully lit room at a European tech conference late in 2012, picking up their champagne as they went, a VC leaned over to Welsey Chan of Google Ventures and asked: “Why on earth are you guys sponsoring these drinks? You don’t have any investments in Europe, do you?”. Turning to his interrogator, Chan replied… Read More

  • Luminoso Lands $6.5M In Series A To Keep Building Cloud Text Analytics Service

    Luminoso Lands $6.5M In Series A To Keep Building Cloud Text Analytics Service

    Luminoso, a Cambridge, MA-based text analytics company announced $6.5M in Series A funding today, led by Acadia Woods with Digital Garage also participating. That brings their total funds raised to $8M. Luminoso was born out of research at the MIT Media Labs and spun off in 2010. After getting their seed funding in 2012, they have continued to develop the product, which provides text analytics… Read More

  • UK Data Protection Watchdog Probes Legality Of Facebook’s Emotion Study

    UK Data Protection Watchdog Probes Legality Of Facebook’s Emotion Study

    Facebook’s attempt to learn whether the type of content users of its service are exposed to affects their mood or not has landed it into plentiful hot water this week. The latest development in the unfortunate saga is the UK’s data protection watchdog, the ICO, is investigating whether any laws were broken by the tech giant. Read More

  • Russia Moves To Ban Online Services That Don’t Store Personal Data In Russia

    Russia Moves To Ban Online Services That Don’t Store Personal Data In Russia

    The Russian government has moved one step closer towards a “China-like” approach towards Internet services. Last night, the Russian State Duma (parliament) passed the first bill requiring that the personal data of all Russians should be stored inside the country. The effects of the bill, if passed, would be wide-ranging, touching just about every international service used by… Read More

  • Researchers Create Walking, Muscle-Powered Biobots

    Researchers Create Walking, Muscle-Powered Biobots

    In today’s mildly squiggy but kind of cool news, we learn that researchers at the University of Illinois at Urbana-Champaign have created tiny robots that walk when current is applied to their bio-based muscular engines. The tiny robots can twitch their way across a surface or through a liquid. Read More

  • US Marshals Have Sold 30,000 Silk Road Bitcoins

    US Marshals Have Sold 30,000 Silk Road Bitcoins

    The US Marshals announced they have sold 30,000 BTC to an anonymous bidder. The auction took place on June 27 and the highest bidder won all 30 blocks of 1,000 bitcoins. Comically, the sender of a an email to those involved in the auction disclosed all the bidders last week, making it clear that a number of big players, including Barry Silbert of SecondMarket and Bitcoin Investment Trust… Read More

  • Source: Rackspace Wants To Take Itself Private

    Source: Rackspace Wants To Take Itself Private

    Rackspace — the publicly-listed enterprise cloud services company that competes against the likes of Amazon’s AWS, Microsoft and Google — has been in the spotlight after announcing in May that it has hired bankers to help consider offers to parter with or be acquired by another company. However, it could choose a third option: taking itself private. Following the likes… Read More