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Why unicorns falter

unicorn-jet In early February 2016, a study of financing deals reported by The Wall Street Journal found that investors are increasingly protecting themselves from IPOs that don’t perform as expected. This fallout is a continuation of the demise of the so-called “unicorn,” a tech startup with a pre-IPO valuation of over one billion dollars. Read More

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How international startups are supporting New York City

New York City skyline Immigrants make up 13.3 percent of the population in the U.S., which is the highest percentage the country has seen in more than 100 years. Now let’s put this into perspective: Thirty-six percent of all top tech founders in the U.S. are immigrants — almost triple the percentage of immigrants in the country. Many immigrants are pushing innovation in the U.S, aiding the country… Read More

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Meter Feeder lets you ditch coins and codes, pay for parking with GPS

No More Parking Meters Parking tickets actually earn cities less money than when people pay the meters like they should. The problem is that even new meters that let you pay by phone or credit are such a hassle that people don’t use them — and hope they don’t get caught. But Y Combinator startup Meter Feeder has built a way to pay for parking that is easier for citizens, cheaper for cities and… Read More

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I tried out Nike’s self-tying shoes, the HyperAdapt 1.0

Nike-laces I’ve spent a lot of time over the past few days with the folks at Nike, who were showing off a whole bunch of new and upcoming products at their Innovation for Everybody event. The big attention-getter was the HyperAdapt 1.0 — namely, self-tying shoes. Nike had already toyed with the idea of emulating Back To The Future Part II by announcing limited edition, self-lacing Nike Mags… Read More

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Progress lets you visualize your weight loss by taking perfectly aligned daily selfies

Withings Scale For those who struggle with their weight, one of the more challenging things to deal with beyond, of course, the lifestyle changes that have to accompany any attempts at weight reduction, is our inability to see our own progress. Because weight loss is often very slow and incremental, many get frustrated with a perceived lack of results and then give up. A new application called Progress wants… Read More

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Stripe’s startup toolkit Atlas opens for business in Cuba

cuba A month ago, payments company Stripe launched Atlas, a toolkit for startups to incorporate in the U.S. and lay the groundwork for growing their businesses online. Aimed largely at small enterprises outside of the U.S., Atlas is making a notable addition to the roster of countries covered under the program: from today, it will begin to accept Atlas applicants from Cuba, so that… Read More

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IBM buys UK’s Optevia to ramp up in public-sector, cloud-based CRM services

houses of parliament IBM has made an acquisition to help grow its business in cloud services for government and other public sector organizations — cloud services being of the areas that IBM hopes will offset declines in its legacy business. The company has acquired Optevia, a UK-based consultancy that specialises in customer relationship management solutions, specifically cloud-based CRM delivered by… Read More

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Nextbit cancels CDMA version of Robin smartphone, issues refunds

robin-hand After already delaying the CDMA by a few months, Nextbit has decided to cancel the production of the CDMA Robin for Verizon and Sprint networks outright, Recode reports. The company is now refunding Kickstarter backers and offering them a 25% discount on the GSM version should they choose to get one. Read More

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Bumble launches contextual filters for profile pictures, starting with the 2016 presidential election

election Swipe-based dating is hard work. With hundreds of potential suitors to swipe through, most of us just take a few seconds to glance at a picture and bio before we decide if we’re going to swipe left or right.
So, to help users quickly make an informed decision about which way to swipe, Bumble is taking a page from Snapchat’s book and launching filters for users’ profile… Read More

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The REVL Arc is a 4K smart action camera with a built-in gimbal

colors-2 Part of the Y Combinator Winter 2016 class, REVL just launched a smart action camera that solves the two worst things about action cams: shaky footage and a cumbersome editing process.
Developed by ex-NASA, Sikorsky and HP engineers, the REVL Arc has a built-in motorized gimbal to keep the camera’s view level with the horizon. Read More

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