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The military could soon be hunting for terror threats using detailed maps of the planet’s subterranean territory – thanks to aerial vehicles that tap into the “anomalous gravity signature[s]” of structures built beneath the earth’s surface. More »
Check out the rest: Gizmodo
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As the list of smart things you can do with smartphones grows, so does the risk of identity theft if you lose it.
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Italian designer Francesca Castagnacci made a pair of heels fit for any girl—or at least any girl who’s serious about her bandwidth. They’re made from strands of fiber optics as thin as human hair and lit by a LED. More »
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“Given that Windows Phone 7 represents a total reset for Microsoft-devices running its current mobile operating system, Windows Mobile 6.5, will not be able to upgrade-the company needs it to thrive if it wants to maintain a viable position in the smartphone arena, where its market share has been slowly declining over the past few quarters…Apart from Microsoft’s eventual marketing strategy, Windows Phone 7 will likely need the following factors to prove a success.”
Nicholas Kolakowski at eWeek.com considers what factors Windows Phone 7 needs to succeed. I don’t know about you but I think the first three factors Nick comes up with are no-brainers, and the fourth I really wouldn’t bet on – if you have to define what you’re doing by what your competitors are up to, then you’ve almost certainly failed right at the outset. I think Blackberry are facing the same problem Windows Mobile had three years ago, and they have to reinvent themselves if they want maintain relevance, never mind their still massive market share. But I digress – what do you guys think? What other factors does Microsoft need to take into account to make WP7 a success?
Check out the rest: Windows Mobile News copy
It seems like a whole bunch of you went and bought a Droid X despite my “don’t buy” rating on account of Motorola’s draconian OS lockdown tactics. I guess I’m not as influential as I thought.
Well, if you insist on being held down by the Man, I won’t stop you. If you’re still looking to buy, the next piping hot batch of units should be shipping on the 23rd.
Check out the rest: MobileCrunch
The resourceful Dutch want to turn the Pacific Garbage Patch into a tropical destination. The idea is to recycle the plastic waste floating in our oceans into building materials for an habitable, self-sustaining island. More »
Check out the rest: Gizmodo
Chris Sacca recently closed an $8.5 million fund to make seed-stage investments in Internet startups. But that’s not the only fund at his newly opened Lowercase Capital (the two-person shop includes COO Serena Lourie). In fact, the former tech lawyer and Google exec manages five funds, he told us yesterday in a visit to GigaOM for a video interview. One is the one we all know about, that invests in early stage startups. One buys secondary market shares of companies such as Twitter (where Sacca was an angel investor). Two are later stage and jointly run with other investors in New York; they take large public companies private in Hollywood, transportation and wireless.
The fifth fund, which buys founder shares of early stage companies under the Lowercase brand, is particularly interesting. It’s much like the “Series FF” stock pioneered by the Founders Fund, which permits startup founders to take money off the table in later-stage funding rounds (therefore rewarding them for their effort and making them less likely to accept acquisition offers too early). But in this case, Sacca buys stock from founders near the beginning of a company’s life. He said he’s made six of these investments so far, all in existing portfolio companies. The idea is to give recipients something like $150,000 to “eat in restaurants from time to time, have a car, and plan vacations.” Sacca told us in an interview on Wednesday,
“You hear people in the Valley always say ‘I want my entrepreneurs to be hungry.” I agree with that, but think there’s a difference between being panicked and being hungry. And I think too often founders find themselves with negative net worth, credit card bills, etc and they get freaked out.”
Sacca’s $8.5 million early stage fund is already about half spent, he said — in part because he rolled in some of his earlier investments, and as such personally owns 10 percent of the fund. Through the Lowercase early stage fund, Sacca puts $75,000 to $300,000 in traditional startups at $1 million to $4 million valuations. He’s done 39 total investments to date, but he’s not sure if he’ll accelerate or slow down that pace (Sacca mused that perhaps he’ll hire an intern to work out of his Lake Tahoe office and draw up a spreadsheet — someone might want to jump on that opportunity!). Lowercase portfolio companies include Daily Booth, Formspring, Heroku, Simple Geo, Someecards and of course Twitter.
For good measure we talked in the interview about the sustainability of the “super angel” model (something Sacca has been outspoken on) and his financial model for success as an investor, and he walked through a few deal scenarios that may be particularly interesting for startup types. (Please excuse my low audio — unfortunately my mike wasn’t on for the interview — but hey, Sacca’s the one you came to listen to anyway.)
Check out the rest: GigaOM
Superconductors carry electric current with no energy loss. They could revolutionize our electrical grid, but they only work at impractically low temperatures. We just figured out a key reason why – and possibly got a lot closer to room-temperature superconductors. More »
Check out the rest: Gizmodo
