According to VentureBeat, Coinye -- a digital currency bearing the likeness of Kanye West -- has officially shut down, after the rapper sued the creators and all markets trading the coin.
The currency originally started out as Coinye West, featuri[...]
Last Monday, the Food and Drug Administration announced that 23andMe's $99 Personal Genome Service is in violation of the Federal Food, Drug and Cosmetic Act, according to CNBC, effectively shutting down the genetic profiling company.
23andMe -- f[...]
On Monday, Baidu, China’s counterpart to Google, launched a financial services platform that it has christened “Baifa,” which will offer mutual funds, loans, and insurance to online users, according to Reuters. In under five hours yesterday, 120,000 [...]
It should have started a subscription streaming service sooner.
Once upon a time, Apple was the beacon in the consumer's eye. Not only did it possess a leader more charismatic than any rock star, it positively dominated complete swaths of consumer[...]
Judith Shulevitz of The New Republic has penned a diatribe against that most ubiquitous of all buzzwords: "disruption." Basically, she's sick of hearing it, but on a deeper level, she fears the assumption that change is always better -- especially fo[...]
You guys, you guys...digital fitness trackers? So hot right now.
Fitbit, which just raised $43 million at a $300 million valuation with participation from Qualcomm Ventures, SAP Ventures and SoftBank Capital, is riding the "quantified self" wave o[...]
And you wonder why no one wants to work in the music industry.
I want you to click on the above link. Yes, take the time. That's the dirty little secret of the web, nobody ever clicks through, no one wants to waste anothe[...]
You know, the nerd in the "New York Times" who called the election, trumping all the bloviating blowhards on television who think a fact is something you make up.
So you just don't care.
But you should.
Because Nate Silver is a super[...]
Back in June, Steven Spielberg predicted a coming "implosion" of the film industry, with his billionaire partner-in-crime George Lucas postulating that movies would soon become akin to bespoke, scale-priced Broadway plays. Their predictions came righ[...]
Baidu -- China's version of Google -- recently announced they would be buying an app store, 91 Wireless, for $1.9 billion, according to Bloomberg.
To put this in perspective: Barnes & Noble, the largest U.S. bookstore chain, has over 680 locat[...]
The venture capital game is not all IPOs and sunshine, statistically or emotionally, as our friend Fred Wilson recently explained. The majority of VC funds would not beat an indexed market portfolio, and according to a New York Times article this pas[...]
You'd think George Lucas and Steven Spielberg would offer an optimistic prognosis for the next generation of filmmakers, having built so much of the current Hollywood production infrastructure themselves. But no -- while unveiling the University of S[...]