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Updated: 57 min 49 sec ago

Apple Using M7 Motion Processor For Indoor Positioning With iOS 8

Thu, 05/06/2014 - 14:46
 Apple has added a trick to its CoreLocation set of geopositioning tools in iOS 8, 9to5Mac has noticed, and that will make it possible for venue owners to build indoor positioning systems into software tied to their facilities. iOS 8 adds the M7 processor and iPhone motion sensors to the CoreLocation API, handing off location tracking to those elements from GPS, cell and Wi-Fi tower broad… Read More

Europe’s Top Court Rules That Browsing The Internet Does Not In Itself Infringe Copyright (Phew)

Thu, 05/06/2014 - 14:07
 A long-running European legal battle over the copyright status of cached copies of documents held on the computers of Internet users has been resolved today. A preliminary ruling by the European Court of Justice has sided with common sense, ruling that digital copies shown on a web browser’s computer screen or held temporary in a cache do not in fact infringe on copyright law.… Read More

Pinterest Tests Do-It-Yourself Promoted Pins For Small And Medium-Sized Businesses

Thu, 05/06/2014 - 14:00
 Pinterest is exploring new ways to make money from the huge audience that it’s amassed over the last few years. That includes new “Promoted Pins” from large national brands, but now it will also include paid placement for small and medium-sized businesses as well, with a new self-serve product it’s announcing today. Read More

With Moments; Tinder, Too, Decides Photos Shouldn’t Always Last Forever

Thu, 05/06/2014 - 13:56
 While Tinder has made quite a few romantic matches, the hot new dating app has long had ambitions of connecting people beyond love and attraction. Tinder wants to be the place you go to make any connection, whether that be friendship or romance. Today, the app is launching “Moments,” an ephemeral photos feature that CEO Sean Rad says will be a big step towards helping people get… Read More

ElasticSearch Scores $70M In Series C To Fund Growth Spurt

Thu, 05/06/2014 - 13:46
 ElasticSearch announced $70M in Series C funding today just 18 months after forming the company. Company executives say they will use the money to continue to drive their phenomenal growth. This round is being led by New Enterprise Associates (NEA). Additional funders include Benchmark Capital and Index Ventures. It brings total funding to date to $104M. It’s said when a child… Read More

Edyn Wants To Make Your Garden Smart

Thu, 05/06/2014 - 13:27
 Traditionally, gardening is a healthy dose of intuition combined with a dash of luck. Edyn wants to add a bit of data analytics to the mix and the company has turned to Kickstarter to raise $100,000 needed to make the product a reality. Read More

Michigan Is Building A Fake City To Put Automated Vehicles In Real-World Situations

Thu, 05/06/2014 - 13:18
 With all the talk surrounding Google’s self-driving cars — as cute as they are — questions still remain. For one, how will these automated vehicles handle unexpected road conditions, traffic signals, or law-ignoring pedestrians? Just like us, the University of Michigan’s Engineering College is hungry for answers, which is why the organization has plans to build out… Read More

SoftBank Will Sell Humanoid Robot Pals Starting Next February

Thu, 05/06/2014 - 13:14
 We don’t have robot butlers just yet, but as of next year, it will be possible to have your very own human-like robot companion. Japanese telecom giant SoftBank revealed to Reuters that it will begin selling personal robot buddies by February. These bots are able to learn and express emotions, and will sell for just under $2,000, with the company believing they’ll be able to serve… Read More

Twitter Buys Namo Media To Expand Its Native Ads Offering

Thu, 05/06/2014 - 13:02
 Twitter today has made another acquisition to build out its ad tech business — specifically in the area of native ads. It has acquired Namo Media, a specialist in “native ad” content that integrates with the site where the ads are being viewed. Namo Media is closing down its standalone operation and integrating into the MoPub platform that Twitter acquired last year, the… Read More

Allocadia Raises A $7M Series A Round Led By Altos Ventures And iNovia For Its Marketing Performance-Management Service

Thu, 05/06/2014 - 13:00
 Marketing performance management may not sound like the most exciting of businesses to be in at first glance, but there is a huge market for tools that help marketing teams plan, budget and analyze the performance of their campaigns. Read More

Square Picks Up The Ability To Send Invoices

Thu, 05/06/2014 - 12:59
 Square can do a lot of things. Want to take credit cards from your taco truck? Use the portable Square Reader. Want to sell stuff through a little pop-up online front-end? Use Square Market. But what if you want to invoice someone for a service (like, say, wedding photography) after the fact? Before today, Square couldn’t really help you there. But now it can! This morning, Square is… Read More

Barnes & Noble Taps Samsung As Hardware Partner For New NOOK Tablets

Thu, 05/06/2014 - 12:51
 Barnes & Noble’s e-reader and tablet division has been in a bit of a tailspin over the past couple of years, but today it announced that it’ll be taking a different approach through a new partnership with Samsung. The partnership brings Samsung on board to create a co-branded version of its Galaxy Tab 4 with custom NOOK software. A 7-inch version goes on sale in the U.S. in… Read More

Neoji Is A Sensor-Packed Home Security, Safety And Efficiency Monitoring Hub

Thu, 05/06/2014 - 10:51
 We’ve seen smart home security systems before, such as Canary. We’ve also seen wireless in-home hubs focused on controlling your lighting or heating. And smart sensors for monitoring indoor air quality. Neoji is a smart home hub that’s ambitiously aiming to bundle all those function into a single, AI-powered hub device for your home. Read More

Alternative Investing Startup Wikifolio Raises €6M For International Expansion

Thu, 05/06/2014 - 08:18
 Alternative investing startup Wikifolio has closed a €6 million funding round led by European early stage venture fund Speedinvest. The fresh capital will be used by the Austrian company, which I’m told broke-even in the first quarter of 2014, to expand beyond its home country and Germany. Read More

GeoPoll Unveils First Overnight TV Ratings Service In Five African Countries In Time For World Cup

Thu, 05/06/2014 - 08:00
 GeoPoll, which raised a $6.6 million Series A round last year to fund its mobile survey platform for developing countries, has launched a service that will provide the first daily TV ratings in several African markets. Read More

Google Launches Street View Imagery For All 12 World Cup Stadiums In Brazil

Thu, 05/06/2014 - 07:01
 The first game of the 2014 soccer football World Cup in Brazil is scheduled to kick off a week from now and — in what’s slowly becoming a tradition around major sports events — Google today released Street View imagery of all 12 World Cup stadiums. In addition to the stadiums themselves, Google also took its cameras to the areas around the venues, as well as numerous other… Read More

PackLink Pulls In $9M, Led By Accel, To Grow Its Parcel Shipping Platform Business

Thu, 05/06/2014 - 07:00
 European online package shipping marketplace startup PackLink has pulled in $9 million in Series B funding, led by Accel Parters. Existing investor Active Venture Partners also participated in the round. PackLink’s total raised funding to-date now totals $11 million. Read More

Alibaba Buys 50% Stake In Leading Chinese Soccer Team Guangzhou Evergrande

Thu, 05/06/2014 - 04:39
 Alibaba Group chairman Jack Ma announced today at a press conference that the company will buy a 50% stake in Guangzhou Evergrande Football Club, one of China’s top soccer teams. The deal’s value was not disclosed, but it is reportedly worth 1.2 billion yuan ($192 million), according to Xinhua, the official Chinese state news agency. Read More

WhatsApp Co-Founder Brian Acton Talks About Not Getting “Swallowed By The Borg” At StartX

Thu, 05/06/2014 - 04:08
 In his first speaking engagement at tonight’s StartX event since Facebook acquired WhatsApp for $19 billion, the messaging service’s co-founder Brian Acton talked about WhatsApp’s big “F” word (focus), how people in the U.S. just didn’t get the service when it first launched five years ago, and, of course, its record-setting exit (Acton said that WhatsApp… Read More

Microsoft Announces This Year’s Imagine Cup Finalists, With Satya Nadella As VIP Judge

Thu, 05/06/2014 - 04:01
 For the last 11 years, Microsoft has been running its worldwide Imagine Cup student software competition, and every year, it invites the best teams to the world finals. Last year’s event was in St. Petersburg, Russia, for example. This time around, the finals will take in Microsoft’s backyard in Seattle from July 29 to August 2 and the company today announced the 35 teams that… Read More