startup

NYC's Silicon Alley badly trails Silicon Valley in startup influence

With the success of companies like Tumblr, Foursquare, and Kickstarter, New York's startup scene has gotten a lot of attention recently.

But despite the influence of those outfits and venture capitalists like Union Square Ventures' Fred Wilson, the Big Apple is a backwater when it comes to the world startup scene, according to a new report from the Startup Genome project.

In the study, New York City came in as just the fifth-ranked startup ecosystem in the world, trailing Silicon Valley, Israel's Tel Aviv, Los Angeles, and Seattle.

To come up with its rankings, the Startup Genome -- … Read more

Fix slow booting after changing drives in OS X

After making changes to the drive configuration in OS X you may run into an issue where the system will not boot as fast as it previously did. In these cases the system may sit at the gray boot screen for a while before the OS loads, but when it finally does, the system will otherwise run just fine.

This problem can happen after several types of drive configuration changes, which include replacing a faulty drive, upgrading the drive to a larger or faster one, or migrating to a new storage approach such as a custom Fusion Drive setup in OS X Lion or later.… Read more

Steve Case: America must 'double down on entrepreneurs' (Q&A)

Steve Case, who made his vast fortune as the co-founder of America Online, wants to help America's startup scene flourish. Not the scene in Silicon Valley, but in all the pockets between there and the East Coast -- what he calls the "rise of the rest." Cities like Cleveland, Memphis and Detroit. Through his Washington, D.C-based firm, Revolution, Case has invested in about 25 non-Valley startups, including LivingSocial and the now-public Zipcar.

That mission plays into his big cause at the moment, pushing to reform America's high-skilled immigration system so that the country keeps and … Read more

What Square's rise means for the startup ecosystem

Square is different than any other startup that has come before it, and its growing influence and size will inevitably lead to a change in the way entrepreneurs run their companies and venture capitalists invest.

There's no doubt that Square is on the rise, but it is set to accelerate its growth, thanks to a strategic investment from Starbucks that places Square's technology in front of millions of consumers. And thanks to Starbucks, Square's revenue and valuation are set to soar.

Perhaps this is why more pundits are calling Square "Silicon Valley's next great company,&… Read more

Silicon Valley hopes to reboot startup visas in 2013

Silicon Valley leaders are hoping that immigration reforms known as "Startup Act 2.0," which have been stalled in the U.S. Congress, will fare better under President Obama's second term.

"I think the main issue the tech industry should focus on is Startup Act 2.0," Andreessen Horowitz's Marc Andreessen told CNET yesterday. "That would be amazing not just for Silicon Valley but for American job creation -- since the companies that are founded by skilled immigrants create so many jobs for Americans."

So far, at least, the left coast's … Read more

ItsOn gets its funding on, targets mobile data 'bill shock'

A mobile company that wants to change how you access data just raised a boatload of cash.

ItsOn announced today that it has closed a $15.5 million Series B round of financing. Venture capital firm Andreessen Horowitz led the round. The firm was joined by investment company SV Angel.

ItsOn takes a unique stance on data usage by allowing customers to choose how much data they need and for what purpose. The company's Web site is shy about details on its service, but in a statement, ItsOn founder and CEO Greg Raleigh says that his firm's focus … Read more

Udacity snags $15M to continue its assault on higher education

Few industries are under greater assault by technology than higher education -- and few companies are doing more to upend the way people learn the world over than Udacity, the young Palo Alto, Calif.-based startup that's brought computer science classes online and watched hundreds of thousands of students enroll. For single classes.

The startup is led by Sebastian Thrun, a former Google VP and fellow who led the development of Google's self-driving car and Google Glasses. And those are just some of his accomplishments. It was while he was a professor at Stanford University that he stumbled … Read more

Apple said to be acquiring strained startup Color Labs

Color Labs founder Bill Nguyen has a relationship with Apple. In 2009, the tech giant bought one of his startups called Lala for $80 million.

Now, rumor has it that Apple may be after his Color Labs too.

According to The Next Web, sources say that Apple has picked up the startup for a price in the "high double digits," and the deal is final even though papers aren't yet signed.

Color made a big splash when it launched last year as a location-based photo-sharing app for iOS and Android. Its charismatic founder, Nguyen, won big backers, … Read more

Down on the farm, Lettuce Bot is quietly slaying weeds

Robot chefs can prepare everything from pancakes to sushi, and now a California startup is trying to put droids to work on farm produce as well.

Blue River Technology this week announced $3.1 million in funding for its plans to develop robots that can automatically kill weeds and thin out plants like lettuce that need adequate room to grow.

Both tasks can require large human work crews, driving up the cost of the produce.

The startup's prototype Lettuce Bot uses a camera to image the plants beneath it. Machine learning algorithms then identify which ones are desirable and … Read more

'Startup whisperer' Reid Hoffman still bullish on Facebook

SAN FRANCISCO--LinkedIn founder Reid Hoffman, one of Facebook's first investors, said today he still thinks that Facebook is probably a good investment over the long term.

Hoffman, who owns 3.8 million shares of the social networking giant's stock -- which is worth around $71.4 million at current prices -- told interviewer Michael Arrington at TechCrunch Disrupt here that despite the highly publicized plummeting of Facebook's stock since its disastrous May IPO, he thinks the company's fundamentals are strong and that it could well rebound. "I'm a big believer in Facebook's long-term … Read more