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Nokia, the once-mighty phone maker that eventually retreated to a business based around networking equipment and targeted verticals like health and imaging, is rethinking its business strategy once again. Today, the company announced that it would cease building its pricey OZO virtual reality cameras after finding that the VR market was developing “slower than expected”.
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On this week’s Technotopia I talked to Massimo Banzi and Fabio Violante, the co-creators of Arduino. This pair of Italian artists saw their little single-board computers as a gateway to high-tech art but they’ve essentially created a world in which anyone – from an 11-year-old hacker to a huge corporation – can make amazing hardware
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Laundryheap is a London-headquartered laundry on-demand startup that has taken a different path to competitors such as Laundrapp and Rocket Internet’s Zipjet. Rather than raise VC funding, the company, which claims to already be break even and is operational in London, Birmingham, Manchester, Dublin and Dubai, has been entirely bootstrapped over the last three years.
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Hulu has picked up four new series that are centered around e-sports, according to Variety. The network-backed streaming service, which has been coming in hot lately with an Emmy-winning original drama and a push toward more back-log seasons of popular series, purchased the rights to about 15 total hours of content from ESL. Here are
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GitLab, a collaboration and DevOps platform for developers that’s currently in use by more than 100,000 organizations, today announced that it has raised a $20 million Series C round led by GV (the fund you may still remember under its former name of Google Ventures). This brings GitLab’s total funding to date to just over $45.5
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Yesterday at GITEX Technology Week in Dubai, BlackBerry announced the Motion, an all-screen smartphone with a massive battery. Made by TCL under the BlackBerry Mobile brand, the Motion packs a 5.5-inch screen and running on a Snapdragon 625 SoC platform. The phone will be initially available in Middle Eastern markets for around $460 USD. North
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I used to build bombs in my basement. My friend, a guy who called himself Damage Inc. on the BBSes, built pipe bombs and made a rocket launcher that shot small Estes rockets tipped with razors. We set them off in abandoned fields and fired rockets into trees. We lived in Columbus, Ohio, where there
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In the last two years, Unilever acquired Carver Korea for $2.7 billion. Estee Lauder purchased Too Faced Cosmetics for $1.45 billion. CVC Capital Brands bought PDC Brands for $1.43 billion. L’Oreal purchased a trio of skincare brands for $1.3 billion, and also  IT Cosmetics for $1.2 billion. E.l.f. Beauty did an IPO. Venture capitalists didn’t invest in any of
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