startup

Lawsuit alleges that stolen ideas underpin Pinterest

Pinterest and one of its early investors have been sued by a man who alleges that the investor nicked his ideas -- including the concept of boards -- and handed them to the now hugely popular Web site.

The suit alleges that the plaintiff, Theodore F. Schroeder, of Ocean City, N.J., developed a site called RendezVoo, which started as a place where users could share their locations but evolved into a site where people "meet to share opinions, views, items, and tastes on a variety of subjects -- product, services, events, politics, economics -- nearly anything of human … Read more

Consumer electronics trade group wants startups... badly

The Consumer Electronics Association (CEA) has launched a new membership category to try and bring more startups into the consumer electronics fold.

The CEA -- which represents thousands of consumer electronics firms -- has created the new $95 membership category as a means of "fostering innovation" in a stagnant economy.

Regular membership fees begin at $850 per year and can go as high as $40,000, depending on a company's annual revenues. Membership includes free registration for the Consumer Electronics Show.

The trade association says it can better serve both "new and established" companies with … Read more

Build a bamboo battery pack with stackable JuiceCan

If you've been hit by a natural disaster recently, you know you can't put too high a price on mobile power supplies.

If your phone is dead and the grid is unreliable, JuiceCans are one way to keep communicating with loved ones.

This Indiegogo fundraising project centers on a stackable USB power pack called a JuiceCan. Add more packs to form a JuiceCane and you get more power. … Read more

Photo organizer startup Everpix expands to Windows

PARIS -- After a year doing its Apple-centric groundwork, start-up Everpix is ready to find a wider audience for its photo sync and organization service.

Today, the company announced version 1.0 of its Windows software, an out-of-the-way utility that slurps photos from people's hard drives and uploads them to company's servers. There, Everpix analyzes each photo mathematically for a variety of characteristics then synchronize the files with iPhones, iPads, and the Everpix Web site.

Everpix, though, isn't really about syncing files like Dropbox or Google Drive. It's also not about online photo communities such as … Read more

Startups jump the shark (and get their own TV show!)

In April, Facebook said it would buy the young but fast-growing, photo-sharing service Instagram for a jaw-dropping $1 billion. By early December, consumer and entertainment startups were complaining they were having a hard time finding early-stage funding. So what happened? It would be easy to blame Bravo's nausea-inducing reality TV show for the reversal of startup fortunes, but the reality is something a little less Hollywood: Lack of good ideas, economic fears, and poor returns from many of the startups that have already been funded.

In other words, an investment cycle obsessively focused on consumer-tech startups may have finally … Read more

Indiegogo moves crowdfunding business beyond USA

PARIS -- Indiegogo, a site that lets people fund projects and companies in exchange for assorted products and perks, is expanding internationally.

Co-founder Danae Ringelmann announced today at the LeWeb conference here that the company today started accepting payments in euros, British pounds, and Canadian dollars, not just U.S. dollars, and has versions of the Web site in German and French.

"Thirty percent of our business is outside U.S., but it's all been in English in U.S. dollars," Ringelmann said. Internationalization of the business will make Indiegogo work more easily elsewhere. "If you'… Read more

'Hacker hostels' let tech hopefuls snooze -- and schmooze (video)

From the outside, it looks like a typical California suburban home: garage, driveway, tidy yard. But walk down the path leading to the front door and you'll find your first clue that a traditional family of four does not live inside. On the front porch are dozens and dozens of pairs of men's shoes, all removed before entering in order to keep the house as tidy as possible.

When we knocked, Carlos De La Lama Noriega, the manager of the house, greeted us and welcomed us inside for a tour. The main living space was clean and airy … Read more

Curiosity's difficult debut, moment by moment

Peter Molyneux and his team of six programmers at 22Cans scrambled to cope when their first game, Curiosity, arrived on Apple's App Store a day early and high demand walloped the company's servers.

Here's a blow-by-blow look at how the English startup struggled through the launch and eventually recovered its poise. For a look at Molyneux' plans for the cube-tapping game, check our related coverage of 22Cans' Curiosity and other video game plans.

October 31: 22Cans, a startup closely watched in gaming circles based on Molyneux's decades-long track record, posts on its Facebook page that its … Read more

Curiosity: Behind the amazing success (and disaster) of a mobile gaming hit

For storied video game designer Peter Molyneux, November 6 was supposed to be the calm before the storm. But it became the storm itself when his newest project, Curiosity, arrived a day early and exploded in popularity.

Molyneux's new gaming startup, 22Cans, planned to launch Curiosity on November 7. Twenty-two hours ahead of time, though, Apple's App Store published the "experiment," which is something like letting thousands of people pop the same sheet of bubble wrap at the same time.

So began a roller-coaster ride that combined a humiliating server failure with an intriguing new take … Read more

Ron Conway steps back as Y Combinator cuts team funding

Superstar angel investor Ron Conway will no longer be part of the team of investors giving money to the dozens of startups taking part each year in Y Combinator, one of the world's most prestigious incubators.

Y Combinator said today that it is sharply reducing the amount of venture funding each startup coming through the program is given. For the last two years, each team was seeded with $150,000 in funding from Conway, of SV Angel, Yuri Milner, and Andreessen Horowitz. Starting today, that amount has been slashed to $80,000 per team, the incubator said, as it … Read more