Tech Startup News, powered by Zaphne for 03-31-2018

10 Up-And-Coming Startups You Need to Know About

Allstate Launches Tech Startup Arity to Power Transportation Analytics and Innovation

NORTHBROOK, Ill., – As a company with deep expertise in usage-based insurance, connected cars and telematics, Allstate is taking the next step in its digital journey by launching Arity, a technology startup. Built on Allstate’s 20 billion miles of driving data and more than a million active telematics connections, Arity’s technology uses data to create insights that help businesses and their customers make smarter decisions every day. The new tech company has offices at Allstate’s Innovation Hub in Chicago’s Merchandise Mart. Arity’s sophisticated software capabilities will empower businesses with more meaningful, individualized and impactful solutions. Beginning with the insurance industry, Arity will enable insurers to turn driving data into actionable ideas for improved risk assessment and management. Arity’s technology will increase a company’s understanding of risk and help them be more nimble with usage-based telematics solutions. Arity’s technology will provide the operating system for this new era, enabling better awareness, risk management and innovation in the insurance community and beyond. Allstate Insurance Company, Esurance and Answer Financial are currently using Arity’s software and analytics, and the service will be commercially available to other customers in 2017. The Allstate Corporation is the nation’s largest publicly held personal lines insurer, protecting approximately 16 million households from life’s uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. In 2015, The Allstate Foundation, Allstate, its employees and agency owners gave $36 million to support local communities. Arity is a technology company that analyzes billions of miles of driving data and other information to generate insights and scores that help our partners better evaluate risk and revolutionize driver safety, connectivity and value. Arity’s growing team, with offices in Allstate’s Innovation Hub in Chicago’s Merchandise Mart, is focused on bringing new technology, products and services to market that enhance the consumer driving experience and help increase safety on the road. # # #..

Keywords: [“Arity”,”Allstate”,”driver”]

Women Startup Challenge: Emerging Tech

Stay tuned for the announcement of the 10 finalists for the Women Startup Challenge Emerging Tech, one of the largest pitch competitions to showcase and fund top early-stage women-led technology startups focused on Agriculture Tech, Augmented Reality, Biotech, Health Tech, Blockchain, Energy, IoT, Robotics, Space, Transportation, and/or Virtual Reality. 10 finalists will be selected to pitch their emerging tech ventures before a panel of prominent investors such as Nisha Dua, Partner at BBG Ventures, Rebecca Kaden, Partner at Union Square Ventures, and Hoolie Tejwani, Vice President at Obvious Ventures. The grand prize winner will receive $50,000 as a cash grant for their startup. All 10 finalists will receive pitch coaching and participate in our mentoring day with top investors and more. Criteria Your startup product and mission must be focused on Emerging Technologies, for example: Agriculture, Augmented Reality, Biotech and/or Health Tech, Blockchain, Energy, IoT, Robotics, Space, Transportation, and/or Virtual Reality. Your startup must be located within the United States, or Canada, and have a US or Canadian bank account. Your venture can be at the concept stage, prototype, or have already launched. Your startup must incorporate technology into the approach of your product, which allows the company to rapidly and massively scale in a manner that traditional, independent small businesses cannot. Please note that using tech does not qualify as using tech to scale on a mass level nationally and globally. No applicant may reach out to judges, sponsors, and/or partners in advance of the Women Startup Challenge advocating for their startup. We reserve the right to select and reject winners at any time, and we may add finalists to any round of the competition to give more entrepreneurs access to the Women Startup Challenge. All finalists must pay their own travel and accommodations to the live pitch in NYC. Women Who Tech has been supported by Craig Newmark, founder of craigslist and Craig Newmark Philanthropies, Google, Blanc & Otus, Fred and Joanne Wilson, LinkedIn, Office of London’s Mayor Sadiq Khan, Mozilla, General Assembly, IBM, Microsoft, Rad Campaign, and Invisu.

Keywords: [“Startup”,”Tech”,”venture”]

Finance tech startup Robinhood to take over former Sunset headquarters

The Sunset gardens on Oct. 29, 2015, before the gardens were closed to the public and the publication left Menlo Park for Oakland and Sonoma. After sitting vacant for more than two years, a new tenant for the former Sunset Publishing headquarters has been announced: finance tech startup Robinhood. Robinhood, which offers free stock trades, will be relocating its headquarters from Palo Alto to the Menlo Park building located at 85 Willow Road. The company currently has about 100 employees and plans to expand – its website listed openings for 19 positions in Palo Alto and more at an office in Orlando, as of March 19. Menlo Park Mayor Peter Ohtaki said he was glad the former Sunset headquarters won’t sit vacant and that he hopes the company preserves the gardens. The company was co-founded by two former Stanford roommates, Vlad Tenev and Baiju Bhatt, and launched its app in December 2014. The publication reports the company is now set to be valued at about $5.6 billion. In February, the company launched trading for the cryptocurrencies bitcoin and Ethereum in California, Massachusetts, Missouri, Montana, and New Hampshire, according to the company’s blog. The company’s new headquarters has been vacant since the 120-year-old Sunset Publishing Corp. left Menlo Park for Oakland and Sonoma in December 2015. In 2017, the company was sold by Time, Inc. to Regent L.P., a Los Angeles-based private equity firm. Sunset’s seven-acre campus was purchased by Embarcadero Capital Partners in December 2014, after Menlo College had briefly explored the option of buying the land to preserve and use for additional student housing. Robinhood expects to move in to the new offices when renovations are completed, sometime in the spring. When asked whether the company would continue Sunset’s tradition of an open house for the public to access the gardens annually, the company stated it was not familiar with that tradition.

Keywords: [“company”,”Sunset”,”Menlo”]

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Tech Startup News, powered by Zaphne for 03-30-2018

AI killing jobs? Philippines can be global hub, says tech startup

30+ WordPress Themes for IT Companies and Tech Startups 2018

Stratus is a serious and professional, extensively developed and carefully crafted, creative and innovative, incredibly pliable and malleable, fresh-faced and highly dynamic, modern and current, highly memorable and designed to mesmerize, deeply resourceful and developer friendly responsive WordPress one and multipage tech multipurpose website theme. Bivio is a clean and trendy WordPress theme perfect for startups, landing page and business website. Startuply is a flexible WordPress theme custom-made for startups of any kind. It’s a deeply clever and impeccably developed theme crafted specifically for greatly easing the workflow for webmasters with or without previous coding experience trying to put together their own sophisticated landing page websites for a wide variety of technologically cutting edge enterprises and businesses across a whole spectrum, including freelance software engineers and developers, software firms, mobile app developers and, particularly, startup companies in the internet, mobile and tech sectors. Marketing Pro is a feature-rich and responsive WordPress creative multipurpose website theme. Hestia Pro is a colorful and clean, modern and tech-savvy, competent dynamic, engaging and responsive WordPress multipurpose website theme. Nucleus is an attractive and creative, sleek and colorful, easy to use and tech-savvy, readily responsive WordPress multipurpose technology website theme. Pursuit is a pliable App & Cloud Software WordPress theme apt for App and SaaS companies, startups, and businesses that aim to generate more leads and showcase their products and services. Launchkit is a technologically sophisticated and meticulously developed, efficiently coded and very fast-loading and programmer-friendly, cleanly structured and modularly built, solid and reliable, modern and graphically polished while highly customizable responsive WordPress multipurpose tech website theme. More info / Download StartIT. StartIT is a colorful and energetic, lively and vibrant, fresh-faced and bold, youthful and trendy, engaging and attractive, very user friendly while deeply tech-savvy, modern and cutting edge, developer friendly and efficiently coded, thoroughly commented and highly responsive WordPress tech, startup and business website theme. This impressive WordPress theme is also compatible with version 4.1+. These features are pretty standard for a WordPress theme in this niche, with no outstanding features. More info / Download Thank you for visiting Colorlib and reading this article! We highly appreciate it! Now you might want to learn how to make a website using our free WordPress themes.

Keywords: [“theme”,”website”,”Page”]

Twin Cities Startup Week

Nels Pederson is one of the original founders and current director of Twin Cities Startup Week. Aaron Sykes Disruptive TechnologyTrack Lead. Aaron Sykes is a Minneapolis-based unmanned aviation professional and advocate. Aaron founded Unmanned Standards to help companies leverage drone technology to increase workflow efficiency and accuracy and MAVMeetup to facilitate a collaborative community of 750+ responsible drone enthusiasts in the Twin Cities. Nick Roseth Tech Track Lead. Nick Roseth is Chief Operations Officer of SWAT Solutions, a solutions group focused on helping clients evolve their technology and quality ecosystems. Marty Wetherall Marketing and AdvertisingTrack Lead. Marty Wetherall is the Director of Innovation at Fallon where he works with clients to evolve the ways they engage with consumers. Danielle Steer Impact Ventures Track Lead. Danielle is the manager of Operations and Member Services at Impact Hub MSP. Impact Hub MSP is part innovation lab, part business Incubator and part social enterprise community center offering purpose driven professionals a unique ecosystem of resources, inspiration, and collaboration opportunities to grow impact. Impact Hub MSP is one of 82 locations supporting a network of over 16,000 change makers around the world who are addressing our communities more critical challenges in health, food solutions, technology, access, equality, and more. Bharat Pulgam Student Track Lead. Bharat Pulgam is currently a Freshman at the Carlson School of Management and passionate about connecting students with the incredible entrepreneurial resources available in the Twin cities community. After coordinating Twin Cities Startup Weekend Youth earlier this year, he is excited to be the lead of the youth track for this year’s TCSW. Lauren Mehler Pradhan Food and Agriculture Track Lead. Lauren Mehler Pradhan is the Director and General Manager of Grow North, a resource and connection hub for Minnesota’s food and agriculture entrepreneurs and innovators. Lauren spent over 12 years in CPG brand management working on iconic brands and is passionate about changing the way food is grown, made and the impact individuals and start-ups can have in transforming our food system. Steve is the lead organizer of Educelerate North – a non-profit which supports innovation and entrepreneurship in the education sector. Steve has co-organized three Twin Cities Startup Weekend Education events, and also serves as a partner at Fox Rothschild LLP where he focuses his legal practice on emerging businesses in the education & technology sectors.

Keywords: [“lead”,”technology”,”Impact”]

Nine Dairy Farm Tech Startups Seeking to Bolster a Troubled Industry

Whether it be single-cow farms in India or massive commercial dairies in the US, the dairy industry is under pressure in light of changing market forces and consumer preferences. In many developed markets, consumer tastes for both dairy alternatives, but also grass-fed dairy has segmented the market and made it more difficult for producers at both the high and low end of the price spectrum to find consistent buyers. In the US, falling prices and changing consumer tastes have caused an almost epidemic level of strain on the dairy industry – especially smaller operations. Even in premium products like organic milk, a glut in supply has led some organic dairy farmers to have trouble finding an organic buyer for their milk, forcing them to sell at the conventional price. Even a quick glance at the state of the dairy industry around the world suggests that dairy farms are under intense pressure to operate more efficiently than ever. From sensors and software to biotechnology, these nine agtech startups are working to improve safety and efficiency on the world’s dairy farms. Reveal combines Consumer Physics’ SCiO, a small handheld Near-Infrared spectrometer, with Cargill’s forage lab analysis platform, to provide dairy farmers with real-time analysis of their corn silage, haylage and dry hay on the farm to understand its content. The technology allows dairy farmers to reduce costs as a result of mastitis prevention, reduce the use of antibiotics, increase overall herd yield, and get better pricing for good quality milk with a low somatic cell count. The device, which is currently used in hundreds of dairy farms throughout Europe, is intended to help dairy farmers spend less time visually observing their herd and more time taking proactive steps to treat emerging problems. Israeli dairy farm management technology provider Afimilk. Stellapps offers data collection and analytics to every piece of the dairy supply chain with the aim of improving the productivity, and quality of milk, and producing transparent data both for and about the Indian dairy industry. These records are sent automatically to the dairy company’s headquarters and the farmer’s phone via SMS – quantifying the quality of milk removes the guesswork and variability out of pricing.

Keywords: [“dairy”,”farm”,”cow”]

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Tech Startup News, powered by Zaphne for 03-29-2018

Let’s talk about my startup High Tech Start Up, Revised and Updated: The Complete Handbook For Creating Successful New High Tech Companies: John L. Nesheim: Books

Chih-Chao Lam founder, Acknowledge and This is the book I wish I’d taken to heart in my first start-up. is all the more well-grounded for my having read High Tech Start UP. Ken Tidwell Vice President, Engineering, Next best thing after the founders to have at the kitchen table. Thomas M. Uhlman President, New Ventures Group, Lucent Technologies Required reading for the next generation of corporate venture capitalists. George Gilder Gilder Group, author of Telecosm Super book by the start-up guru of Silicon Valley. John C. Dean Chairman and CEO, Silicon Valley Bank From idea to IPO, Nesheim provides a virtual road map to start-up success. David Ben Daniel Professor of Entrepreneurship, Cornell University An invaluable, practical guide for high-tech entrepreneurs. Chong Huai Seng Publisher, Asian Entrepreneur A must-read for entrepreneurs, angels, and venture firms seeking the best practices.

Keywords: [“venture”,”start-up”,”Entrepreneur”]

Events Archive

Join Accenture in a discussion about the culture of equality and what each of us can do to make a difference! RSVP here to save your front row place on March 20, starting 6:30 PM! Find out more . Ly/TechstarsLondon2018OfficeHours to get feedback about your startup from Techstars London. Join us for this personal and professional coaching session with George Pickford. Techstars London is coming to Bucharest: on Wednesday, March 21, at 6:30 pm you will have a chance to find out more about their Entrepreneurial journey based on their experience of working with hundreds of Techstars companies that have gone through their programs and thousands that have gone through selection. Don’t miss out: Save your place now here: https://www. Security Espresso Meetup starts the spring season with two interesting talks that exploit the vulnerabilities of systems.

Keywords: [“Techstars”,”March”,”out”]

Tech startups that could IPO in 2017

Predicting IPOs in an unknown market is more of an art than a science. Here are the other companies rumored to be in the running for a 2017 IPO. Recode’s Jason Del Rey calls e-commerce companies Stich Fix, Chewy. And Casper surprise contenders for an IPO in 2017. It also identified companies such as Avalara, MuleSoft, ForeScout Technologies, and Yext as making preparations for a 2017 IPO. Venture capital database CB Insights listed Qualtrics, Blue Apron, Okta, Zuora, and Pluralsight as the top 5 IPO prospects.

Keywords: [“IPO”,”companies”,”Okta”]

Digital Arts Media Network |

ACCELERATORS. Accelerators do an excellent job at identifying exceptional startup teams with interesting solutions to problems that affect a large market. We partner with accelerators by providing those investors with access to liquidity if they choose to invest in an accelerated company that also meets our criteria of investment. Essentially, the startups are double-vetted, and then the investors are giving equity in our public company to offset the risk of their private investment.

Keywords: [“company”,”startup”,”investors”]

Hire Blockchain, Ethereum Developer

Designed for entrepreneurs, startups, or businesses that are keen on identifying critical areas for improvement on their initial product. Through extensive market analysis, review feedback, and by our own creative inputs, our team comes up with updates to the product. We then run the product through tests, to analyze its workflow, and make revisions which will help maximize your product and budget.

Keywords: [“product”,”Through”]

Quarterly $100k Pitch Competition

THE MAIN EVENT. The top 5 teams pitch onstage in front of a crowd of 500 investors, engineers, and startups to win a $100,000 investment! We announce the winner on the roof amidst the midtown skyline, and celebrate one of Atlanta’s future technology leaders with drinks and music.

Keywords: [“win”]

FinTech Innovation Lab

Through workshops, mini-conferences, and office hours with domain experts, your company will gain the necessary advantages to scale your business faster. Companies who have participated in FinTech Innovation Labs have found enterprise customers and investors within our network.

Keywords: [“company”]


You must login or create an account in order to post a job or submit your resume. As a Job Seeker you’ll be able to submit your profile, post your resume, and be found by employers. As an Employer you will be able to submit, relist, view and remove your job listings.

Keywords: [“submit”,”job”,”Employer”]


BusinessEx is an platform for Businesses & Investors to move ahead on their expansion path. You will be provided the some of the confidential information. Your basic information will be used only to create Login profile and will never be used for any other purposes.

Keywords: [“used”,”information”]

Tech & Startup Summit

Jamaica’s first Tech x Culture x Startup Summit – bringing together thought leaders from across the world to share big ideas, key insights and collaborate. The 3 day event features a live conference, interactive festival and launch event.

Keywords: [“event”,”day”,”Summit”]

English definition dictionary

A style of interior design using features of industrial equipment adj hi-tech, high-tech. Of or in the interior design style Compare low tech. A style of interior design using items associated with low technology adj low-tech.

Keywords: [“design”,”interior”,”style”]
Source: start-up

Tech Startups – TechMeetups

Italy has great food and Barcelona has great energy. Stefon Harris Every time we speak about Barcelona we can’t help thinking about amazing architecture, crazy events, tasty food, beaches and, of course, football.

Keywords: [“Barcelona”,”food”,”great”]

Startup Weekend

Techstars is a global network that helps entrepeneurs succeed. A curated source for everything entrepreneurial in your community. Startup Week: Celebrating entrepreneurs is communities across the globe.

Keywords: [“community”]

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Tech Startup News, powered by Zaphne for 03-28-2018

Agri tech startup – Agrostar

News & Tips For Tech Startups & Business

Welcome to MyVenturePad. Welcome to MyVenturePad, Blog dedicated to providing the news about entrepreneurship, Business, Branding, Marketing and Latest tech. About MyVenturePad. MyVenturePad provides the Web’s best on business since launched. MyventurePad created with the goal of connecting and providing news, tips on variety of businesses. In addition to my venture pad regular blog coverage, MyVenturePad many forms of digital content. MyVenturePad encourage anyone interested in posting directly on our site to contact our editorial team to show samples of your past work and let us know the topics of your planned posts. MyVenturePad respects each individual’s right to personal privacy. MyVenturePad only collects information on our web site submitted by registered users. Such information may include user-submitted news and events, uploaded photos, profiles, private messages and blog posts. Cookies enable MyVenturePad to track usage patterns and deliver customized content to users. The information collected by MyVenturePad is used for the purposes of this web site only. Registered users may receive additional announcements from us about site news, events, private messages, uploaded photos, blog posts, and web site updates. Because our web site also offers user-submitted posts and comments, please be advised that information posted in these venues becomes public knowledge with the submittal of any information or images contained therein.

Keywords: [“MyVenturePad”,”site”,”information”]

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Keywords: [“Wealth”,”Management”,”China”]

Israel Hub For Socially Aware Startups

This article was first published on The Times of Israel and was re-posted with permission. Many of those technologies have indeed contributed to making life better for billions around the world, but The Rally has something else in mind. The Rally wants entrepreneurs to concentrate on solving problems – and the program will show them how to make it worth their while, said Akerman. Participants will not get a stipend, but they will get introductions to some of the top people in the Israeli business and investment world – and, in addition, said Akerman, The Rally will not be taking equity from participants, at least for this first round of training. The Rally’s social-tech approach is new in Israel, but similar accelerators have been around for several years in the US and Britain. It’s about time, said Akerman, that Israel had one too, considering the level of innovation here. There are a number of Israeli organizations that have sponsored hackathons or even more extended programs where participants have built apps and products to help those in need, but The Rally is the first social-tech entity to be integrated in the Israeli tech community.

Keywords: [“Rally”,”social”,”Akerman”]

The Practical Guide for Entrepreneurs

You do not need to learn programming to participate in the development of today’s hottest technologies. Arriving at a product/market fit that enables a good business is something everyone can do. How do you build a product that delivers on your insights. There are product design processes that work reliably, enabling business owners and developers. There are also processes that don’t and virtually guarantee lackluster product. In this chapter, you’ll learn a few simple tools to deliver great product design. More than ever, successful high-tech products are pack animals. They leverage complementary products to build their own company’s product, rather than constructing the whole thing from scratch. With many high-tech businesses, running a strong operation is as important as having great technology. He is currently founder and CTO of Leonid Systems, in addition to being the author of Starting a Tech Business. Alex actively advise companies and institutions on the material presented on this website, particularly my Venture Design and Startup Sprints programs. Pick up your copy of Alex Cowan’s Starting a Tech Business from one of the retailers below.

Keywords: [“product”,”Business”,”How”]

Wealth management technology ser…. Wealth Management China. AI platform helping businesses f…. Wealth Management Australia. Provides wealth managers with di…. Wealth Management USA Peerbanks. A marketplace where customers re…. Wealth Management Sweden. Wealth-tech company that makes f…. Wealth Management USA. $25M. PureGroup. Asset manager of reliance mutual…. Wealth Management India. Develops asset management robo-a…. Wealth Management Japan. Brokerage, asset investment, wea…. Wealth Management China. Investment service that helps yo…. Wealth Management India. Robo advisory and smart portfoli…. Wealth Management Turkey StashAway. Digital wealth management platfo…. Wealth Management Singapore. Social finance community for vet…. Wealth Management USA. $231.3M..

Keywords: [“management”,”Wealth”,”Asset”]

NYC Tech and Startup Events

7,. Teachers College, Columbia University and NY EdTech Meetup are proud to present the 2018 NY EdTech Expo! Attendees will be treated to an interactive experience with more than 10 EdTech startups, discover new ways to support learning, and give real feedback to entrepreneurs building new products for the classroom. Hosted at NYU’s Center for Urban Science + Progress the pitch contest will take place on Wednesday March 21st 6-8pm and will showcase a top selection of NYC’s startups working to improve urban infrastructure and create smarter more resource-efficient cities through innovations in urban technologies. Dedicated to its motto, Virginia Tech offers an Online Master of Information Technology program that prepares students to be technological leaders in their fields and communities. The VT-MIT program offers eight optional areas of study from a variety of industries allowing a student to customize their program; examples include Security, Software Development, Big Data and Health Information Technology.

Keywords: [“EdTech”,”program”,”Technology”]

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Tech Startup News, powered by Zaphne for 03-27-2018

Israel becomes high-tech startup nation

10 Unique Black Women-Owned Tech Startups

Spann and Allen are the co-founders of Alchomy, a cocktail recipe and bar locator app. If you’re looking to stay closer to home, Alchomy gives you access to over 16,000 drink recipes. If you’re looking to go out, Alchomy has a bar locator to help you uncover the best bars near you. Harsely, who is currently working on her Ph.D. in computer science, built the app herself. If their followers purchase the items, users receive a monetary reward. Ametam is the founder of, an online market that provides global consumers demanding quality and authentic Afrocentric goods, direct access to products from the Motherland. Everblume, LLC. Atwood is the co-founder of a very early stage agricultural-tech startup called Everblume. It is a solution for growing fresh produce, plants with medicinal properties, and even hard to find superfoods can now be grown in the privacy of your own home with the Everblume automated grow box and accompanying app. Caldwell is the co-founder of ShearShare, a beauty services app that is making a lot of buzz in the tech startup circle. ShearShare connects salon and barbershop owners to individual cosmetologists and professional stylists to fill unused salon suites and booths on a temporary basis. Gwynn and Pickett-Blakely are the co-founders of Tresse Noire, an app that is used to schedule an appointment with well-vetted, credentialed natural haircare stylists who will come to your home or office. Maureen Erokwu is a Google Maps Business View team member who has expanded StreetView for Businesses with Vosmap, a marketing tool that allows customers to explore, walk-through, and experience a business like never before.

Keywords: [“app”,”co-founder”,”beauty”]

Does Tech Need Silicon Valley?

As Case saw it, the internet had evolved in three distinct stages. Case himself helped inaugurate the first wave of basic connectivity. Crucially, Case theorized, many of the disruptors would not live in Silicon Valley. Glover, who is 36, recognized herself in Case’s book. Steve Case likes to remind people that Silicon Valley wasn’t always the epicenter of tech culture. In 2010, Case was tapped to co-chair a working group on American entrepreneurship for then-President Barack Obama’s Department of Commerce. Poring over the available data, Case discovered that plenty of Midwestern and Southwestern cities were leveraging tax incentives to stanch local brain drain, and a few, such as Pittsburgh and Indianapolis, were cultivating their own robust startup scenes. Working through his investment fund, Revolution, Case embarked on a four-city bus tour he called Rise of the Rest. The more Case traveled, the more encouraged he became. Shortly after the last presidential election, Steve Case had drinks with the venture capitalist J.D. Vance at Riggsby, a bar off Dupont Circle in downtown Washington, D.C. Case lives in the capital; Vance, the author of the bestselling Hillbilly Elegy, about the poor, white communities of the Midwest, was in town for an appearance on one of the Sunday talk shows. A few months after that, Case identified the recipients of the first seed round. So in recent months, Case, Vance, and a third partner, Mary Grove, a former Google executive, have been busy cultivating a network of local investors in the hope of amplifying the effects of the fund’s investments.

Keywords: [“Case”,”startup”,”city”]

Tech Startup Introduces Device That Locks Door During Embarrassing Anime Scenes

SAN FRANCISCO, CA – A fledgling tech company has caught widespread attention by announcing a gadget that could revolutionize the anime viewing experience. The San Francisco-based startup 654 Solution Ltd. was quietly formed in August of last year. They have caught the public’s attention with the launch of a Kickstarter campaign promoting their maiden project: a software application that, in conjunction with a physical device, will lock the door and lower the volume when it detects an embarrassing anime scene. Glanco realized that leaving the door constantly locked will arouse too much suspicion, and thus the concept of an automated lock system took hold. Teaming up with Brett Davis, a close friend and unemployed business major, Glanco went on to establish 654 Solution. The brainchild device locks the door during embarrassing anime scenes, giving viewers ample time to exit their browser and mute their speakers before letting any inquisitive family members or roommates in. According to details on the Kickstarter page, PRIVATheatre uses proprietary algorithms to recognize specific audiovisual cues that would cause potential embarrassment. The companion physical device consists of an electronic doorknob module designed to replace existing assemblies in most households. Despite greatly exceeding its $200,000 backing goal, the project, originally set to launch in spring of this year, will be delayed until summer in order to address several major flaws. One of the more serious being that PRIVATheatre will indefinitely lock the door upon detecting excessively embarrassing and/or sexually illicit content.

Keywords: [“lock”,”device”,”anime”]

CEO of Tech Startup WrkRiot Convicted of Fraud

New businesses are often fraught with stress, bad communication, and the occasional late paycheck – but this story takes the cake. If you think your company is disorganized and sketchy, be grateful you never worked for WrkRiot. Using at least four different names, Choi falsified his educational and professional history and personal wealth, and scammed at least a dozen employees before being caught by authorities. She applied for a job in marketing at the company while living in Dallas after seeing it on a job site, and after securing a phone interview was asked to fly out within 24 hours for an in-person chat. Many of the employees at the new company were Chinese, here on Visas. Another had been poached from a company across the hall. The plot thickened when Kim learned one of her colleagues had loaned Choi $50,000 from his personal savings account, after Choi told him the $2 million he said he’d had was tied up by the IRS in offshore accounts. To keep them on, Choi took a screenshot of a Wells Fargo wire transfer and sent it to his 17 employees, claiming their pay was on its way. Kim never got her full pay, and after four months she filed a wage claim and left the company. WrkRiot limped along for a while, but fell apart when advisors and investors pulled out, and especially when the FBI was brought in to investigate Choi. The case reached such notoriety that Wired, Business Times, and the New York Times all covered the case. The charges stuck, and on Monday Choi pleaded guilty in court.

Keywords: [“Choi”,”New”,”company”]

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