Kleiner Perkins, Al Gore, Revolution Growth invest $50M in Optoro, a Lanham start-up

Kleiner Perkins Caufield & Byers, a Silicon Valley venture capital firm has invested $50 million on a  start-up called Optoro. Kleiner is known to have supported some of the most iconic businesses in the world. The latest being Optoro, which began a decade ago in the Brown University dorm room of a Washington entrepreneur, builds software that enables big-box retailers to redirect their unsold or returned inventory, from laptops to blenders, to online sites such as eBay and Amazon.com. Read More>>

Intel Launches Internet Of Things Platform

Intel’s  Internet of Things (IoT) Platform consists of a device reference model for Internet-enabled devices that utilizes the company’s hardware and software. The market for loT is expected to reach $7.1 trillion in sales by 2020. Intel has partnered with a handful of consultancies, including Accenture, Booz Allen Hamilton, Capgemini, Dell, HCL, NTT Data, SAP, Tata Consultancy, and Wipro in order to ensure the continued involvement in IoT development and deployment. Read More>>

University Education: Convergence Analytics and the Internet of Everything

The skills taught in university classrooms and the skills needed and looked for in real-world JOBS have a stark and growing imbalance. The real challenge is whether university education is the next market to be disrupted in the U.S. economy.To land a good job position to make a college-worthy career is every student’s ultimate goal, and the same is being questioned with all their high-priced education and gargantuan debt LOANS that doesn’t yield the end result. Data and convergence aanalytic are embedded into each of our lives. And yet students graduate without the skill sets to even BEGIN to understand, or let alone build, the products. Read More>>

Let’s Pivot Again — Handmake Me Is An Ethical Marketplace For Handmade Gifts

Most of the successful and emerging start-ups and tech companies have had a failing, or a pivotal point and then starting over again. After all, the entrepreneurial road can be a long and winding one. The latest to join this bandwagon is, Handmake Me, an ethical marketplace by the team behind Hobzy which has re-launched to offer a gift-BUYING experience where every product is handmade by a skilled individual, as they are customisable/made-to-order. They have also taken the e-commerce route and created a platform for buying authentic handmade gifts which are ideal for the upcoming festive season. Read More>>

Drone delivery nets could be the mailboxes of the future

The drone technology seems to be progressing quickly and it may not be too long before they start dropping our mails and packages at our doorsteps. But the logistics of how the vehicles can safely navigate fences, pets and small children have to be worked out. A pair of Australians believe they have the answer, with a system that sees drones zero in to drop deliveries into a purpose-built net, guided by LEDs to ensure centimeter-perfect accuracy. You can check out the team’s video submission to comprehend the same. Read More>>

Volkswagen Putting Huge Investment In Eponymous Brand

Volkswagen has been battling to get its focus back in the U.S. market in terms of product for the last few years. Volkswagen Group says it will invest €85.6 billion in new models and technology worldwide over the next five years. Based in Wolfsburg, Germany, the automaker will spend two-thirds of the investment on fuel-efficient vehicles, and environmentally friendly production.Their ultimate goal is to become the leading automotive group in both ecological and economic terms through continued investments.Read More>>

Yahoo Becomes Mozilla Firefox Default Search Engine

Yahoo has collaborated with Mozilla on a five-year partnership that makes Yahoo the default search experience for Firefox in the United States on mobile and desktop, which makes it the most significant deal for Yahoo in the past five years. The agreement also provides a framework for exploring future product integration and distribution opportunities to other markets, per the companies, which ultimately expands Yahoo’s reach in search and digital content. Read More>>

Justice Department Warns Apple that Encryption Can Kill

Smart Encryption is not loved by everyone, but the question is can it be fatal? A senior official from the U.S. Department of Justice recently told Apple executives that strong encryption could lead to a scenario in which a child could die in a kidnapping case if police couldn’t access the information in a smartphone taken from a suspect. Both Apple and Google said they would provide secure, end-to-end encryption technology by default in their mobile devices running iOS and Android, which means that they would not have access to their users’ private encryption keys, making them unable to adhere to the demands by law enforcement officials to turn over data from the phones. Read More>>

Hagel Lists Key Technologies For US Military; Launches ‘Offset Strategy’

After several months of build-up, Defense Secretary Chuck Hagel formally launched the military’s quest for a combination of new technologies. This was to maintain America’s military supremacy over the next 20 years in the face of Russian and Chinese challenges. Hagel divulged some crucial details as to how America could preserve its endangered technological superiorit and all the details have been stated in Hagel’s memo which the Pentagon has released. Some of the priorities include Robotics, miniaturization, Big Data to name a few as Bob intends to move the Pentagon firmly into the robotic age. Read More>>

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