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MoneyLion brings traditional banking ever closer to obsolescence

By |June 30th, 2016|

 The lingo of personal finance is rapidly changing. Mint has replaced our nagging parents and significant others who think our spending is out of control. Wealthfront and Betterment took away our personal wealth managers. Heck, we don’t even have to go to a bank anymore to get a loan with SoFi or Lending Club. Since --> READ MORE

HTC Vive announces $10 billion VR Venture Capital Alliance

By |June 30th, 2016|

 VR technologies are going to be requiring a shit ton of capital as they look to make the crossover from R&D phases to mass market adoption. HTC is certainly looking to do its part to make sure that the headset technologies it is building have a broader ecosystem to fall into. Today, at the GSMA Mobile World Congress in Shanghai, --> READ MORE

Global counter-terrorism database World-Check leaks online

By |June 30th, 2016|

 At least one non-authorized person obtained sensitive information following the leak of global counter-terrorism database World-Check, owned by Thomson Reuters. Chris Vickery, a security researcher at the software company MacKeeper, posted on Reddit that a copy of the World-Check database from mid-2014 had come into his possession. “No hacking was involved in my acquisition of this… Read --> READ MORE

This portable 200W “laser bazooka” is terrifying and unnecessary — and I want one

By |June 29th, 2016|

 Have you ever played with a laser pointer? Those usually cap out at around 0.005 watts. This guy built a “laser bazooka” that, at 200 watts, comes in at about 40,000 times stronger than that. While YouTuber styropyro built his bazooka out of materials torn from a bunch of broken DLP projectors and “a stack --> READ MORE

Tech’s real role in student debt

By |June 29th, 2016|

 Hillary Clinton’s campaign advisers sought to explain the student debt deferment portion of her tech agenda on a call with reporters today, after the item generated criticism that the plan would provide financial benefit to wealthy members of the tech sector. Read More Source: News

Impact Engine closes its accelerator and a $10 million impact fund

By |June 29th, 2016|

 An accelerator that backed for-profit, for-good ventures, Impact Engine, is abandoning the bootcamp approach and shifting its focus to investing in these startups as a seed fund, according to CEO and Partner Jessica Droste Yagan. Based in Chicago’s 1871 startup hub, Impact Engine also closed a $10 million fund to support this pivot. The fund --> READ MORE

Google-backed undersea cable between US and Japan goes online tonight

By |June 29th, 2016|

 Google started making investments in a number of undersea cables back in 2008, but one of its largest investments was the $300 million it invested in the FASTER cable between Japan and the U.S. West Coast. Back in 2014, Google announced that it was joining a consortium of six companies, including NEC, China Mobile, China Telecom, Global --> READ MORE

ProducePay raises $2.5M to bring cashflow to farmers

By |June 29th, 2016|

 ProducePay has raised $2.5 million to solve what CEO Pablo Borquez Schwarzbeck said is a major issue for farmers — getting paid in a timely manner for their crops. Borquez Schwarzbeck explained that farmers usually have to cover the cost of not just growing the produce, but also shipping — and then they have to --> READ MORE

Move Loot, a YC-backed furniture resale marketplace, shuts down, sells customer list to Handy

By |June 29th, 2016|

 There’s some closure (literally and figuratively) for Move Loot, the furniture resale marketplace that we wrote earlier this month was up for sale. The startup — backed by nearly $22 million in funding from a list of top investors that included Y Combinator, GV, Index, Metamorphic and Sherpa — has shut down its business and sold access to its --> READ MORE

This is how anti-paparazzi clothing works

By |June 29th, 2016|

 If paparazzi have a right to take photos (they do) and newspapers are allowed to print photos taken by paparazzi (they do), it stands to reason that those in the brief spotlight of an eager photographer’s flash have a right to fight back, too (they do). Anti-paparazzi clothing has been around for a while, and --> READ MORE