As the storied tech icon Hewlett-Packard launches a new era as two companies, it’s by no means clear that either can replicate HP’s past successes, as evidenced by the company’s most recent earnings report.
Businesses and consumers expect a lot from Wi-Fi networks, and both the number and variety of wireless devices—laptops, tablets, smartphones, sensors—continue to increase. Tom Clavel, product manager at Ruckus Wireless, says that as more people come to rely on mobile devices and apps, they count on finding wireless networks to help them locate the products they want and to keep in touch with friends while running errands.
Read the article by Julie Knudson
By DON CLARK And ROBERT MCMILLAN
Updated Nov. 5, 2015 8:26 p.m. ET
Computing hardware has long served as the critical backbone of business operations. Today, the Internet economy is powered by an infrastructure that has become virtual, and is controlled by a small handful of tech giants.
Read the article in The Wall Street Journal
Bain Capital Ventures VC Scott Friend backed Jet.com when it was an idea on paper. BCV led Jet’s $140 million A round with a $20 million check earlier this year, following its contribution to the $55 million seed in 2014. You can sense a kind of release when Friend talks about how the would-be Amazon killer is doing today.
Fortune reported Wednesday that Jet is raising a B round that stands at $500 million so far, led by Fidelity.
In a transaction that sources say topped $10 million, the exchange’s subsidiary Nasdaq Private Markets acquired SecondMarket Solutions and said it would integrate the two organizations into a single transaction site for private companies to run liquidity programs.
It also bought an outstanding 25 percent minority stake in its private markets initiative from partner SharesPost. SharesPost declined to comment on the transaction’s value.
By David Ramel10/22/2015
Xamarin now claims to be the only cross-platform mobile development vendor that allows for native iOS and Android app creation in both C# and Java, having acquired technology for the latter language with an acquisition of Swedish company RoboVM.
“The acquisition brings together the top two languages in enterprise development and a path to mobile for nearly every enterprise developer,” Xamarin said in a statement yesterday.
Technology disruption rear-ended Volkswagen in a most ironic way last week. While many have written about VW’s arrogant approach to emissions testing, few have noted a more serious issue that goes to the heart of all mainstream carmakers’ modus operandi.
At the center of the scandal is how VW used a piece of software to circumvent emissions testing equipment. VW basically “hacked” the test rig by spoofing it, like jailbreaking an iPhone.
Sven Weber, the former president of SVB Capital at Silicon Valley Bank, these days is doing his venture investing for the moms and pops of the world who don’t have the wealth needed to legally invest in startups.
As president of the San Francisco-based SharesPost 100 mutual fund, he buys up stakes in late-stage venture-backed businesses in hopes of cashing in when they exit within two or three years. Anybody willing to invest at least $2,500 in Weber’s fund gets to play along.
SAN FRANCISCO — In a day of superlatives, Fitbit became the first wearable fitness tech firm to join Wall Street on Thursday, set a record for U.S. consumer electronics stock offerings and enjoyed a 48 percent pop in its public debut.
Read the article By Heather Somerville
When it comes to enterprise computing, to paraphrase the title of a popular song, it’s all about the database. Whether you’re a Netflix serving up the latest videos to millions of consumers, a national retailer trying to figure out what’s in stock, or a bank or hospital trying to analyze trends among all the big data you’ve collected, there’s a database management system that makes it possible.
SAN FRANCISCO — Fitbit, the leading wearable fitness tracker that has made step- and calorie-counting popular among all sorts of consumers, priced shares at $20 ahead of its first day of trading, underscoring the surprisingly strong financial condition of a company pioneering a new area of consumer hardware.
“Engineers are impossible to find,” says Frank Kern. He should know, as chief executive of product engineering firm Aricent he employs 11,000 software developers.
Read the article by Rick Merritt
Marketing has evolved. Today’s marketers own more customer data and touchpoints than ever before, and more than any other department.
New digital channels and devices — including search, social media, and mobile — have empowered consumers and complicated the customer journey. On each of these, consumers create unprecedented amounts of data about themselves and their interests. And as a result, both the process and technology of modern marketing have expanded as a result of these changes in consumer behavior. Twenty years ago, marketers (largely advertisers) relied on TV, press, radio, and direct mail. Today, digital offers new channels for engagement and accurate measurements to learn from….
Big money is betting on marketing technology
I had a recent conversation with Ajay Agarwal, who leads Bain Capital Venture’s West Coast office and has invested almost exclusively in marketing technology companies.
Agarwal is quick to tell you that all enterprise technology categories other than marketing have seen exits over $10 billion: Siebel and Salesforce in sales, PeopleSoft in HR, SAP in manufacturing, and Oracle in finance….
Read the article by Andrew Jones
By DANNY YADRON
April 20, 2015
For us Java folks, Android has been a breath of fresh air when it comes to Java on the client. Being able to reuse our arsenal of IDEs, 3rd party libraries, JVM languages and build & dependency management tools has opened up the opportunity to also take a stab at mobile development. Sure, there are problems: missing Java 8 support and Android fragmentation can raise your blood pressure occasionally. But overall, the experience has been rather enjoyable.
Obviously, Android is not the only player in town. While Android is clearly dominant in terms of download and user stats, Apple still gets half of the global mobile app market revenue share. So what does a Java developer with Android chops have to do to get a piece of that cake?
By Mario Zechner
Gregg Steinhafel, then a 35-year veteran of Target and its CEO, was shown the door after hackers infiltrated the retailer’s computer systems, stealing 70 million shoppers’ information and 40 million credit and debit card numbers. It turned out the hack might have been prevented, had the company not ignored warnings from its own security systems.
read the article by Max Taves
Charles Schwab became the first custodian to release it’s own automated asset allocation platform for retail investors on Monday. The launch of Intelligent Portfolios ignited a debate over Schwab’s “no fees” claim and the impact the so-called “robo-advisor” would have on the financial technology sector as a whole.
Before last year, no one knew what 6Sense was. Now one of the darlings of the B2B data world has announced that it has raised an additional $20 million in funding. This means that the predictive intelligence platform has now raised $36 million in just a year.
This round of funding was led by Bain Capital Ventures, with existing investors Battery Ventures and Venrock also participating. The company said it will use the new funding to grow its development and data science team, accelerate marketing and sales investments, and expand customer engagement in new vertical markets. The company also plans to host its first annual user conference in July.
The San Francisco company led by Amanda Kahlow said that the funding was led by Bain Capital Ventures, with existing investors Battery Ventures and Venrock also participating. It has now raised a total of $36 million since it was founded in 2013.
The startup 6sense has raised $20 million for its big-data analytics software that predicts in real time when people are in the market for products, what they’re looking for and how much they’re likely to buy, Deborah Gage reports for Dow Jones VentureSource. Bain Capital Ventures led the round, which included Battery Ventures and Venrock. The San Francisco company has now raised $36 million since being founded in 2013. The company’s service uses big-data tools to crunch billions of rows of data, extracting signals that go into customers’ sales and marketing systems to help them buy ads, nurture their email and telemarketing systems, and contact people ahead of a potential purchase.
Bain Capital Ventures has led a $20 million Series B funding round in 6sense, a SaaS-based predictive intelligence platform for marketing and sales. Previous investors Battery Ventures and Venrock also participated in the round. The deal is the first for Indy Guha since he was promoted to partner at Bain Capital Ventures last week. As part of the funding, he will join the board of 6sense. The funding brings the total financing to $36 million for the San Francisco-based company.
“Imagine a world where you can predict with above 85 percent accuracy who will buy, what they will buy, how much, what channel will reach them, what message will resonate,” CEO and founder Amanda Kahlow told VentureBeat via email.
6sense can provide that intelligence, she said.
The platform merges machine learning with its B2B Buyer Intent Network that includes behavioral data from search engines, B2B trade publications, blogs, forums, and communities. Kahlow said it processes billions of rows of buyer intent data each month to find buyers who are ready to buy.
JavaFX has made headlines lately as the (alleged) victim of a raging internal battle at Oracle between the SE and ME client teams, who are accused of trying to push HTML5 MAF (Mobile Application Framework, formerly ADF Mobile) and Java ME on mobile platforms. So it’s great news for the many JavaFX-aficionados out there that elsewhere in the techsphere, support for the technology couldn’t be stronger. Just today, Java-iOS specialists Trillian Mobile has announced that they will be partnering with Java specialists LodgON to bring JavaFX to their software. You can expect a stable release of JavaFX for mobile and iOS and Android around Q2.
Link to read the post by Lucy in Voxxed
Bain Capital Ventures has named a new investing partner, Indranil Guha, or Indy for short, as it continues to expand its presence on the West Coast. At 32, Mr. Guha is the youngest partner in the history of the firm.
“If you come where I came from, you’re OK taking on big hairy challenges if you feel like you learn a lot and it’s a rewarding path,” said Mr. Guha, who joined the firm in 2007. “I don’t mean to sound cheesy, but everything that’s transpired already is so far beyond what I conceived of as a kid.”
Link to read the article by Deborah Gage in The Wall Street Journal
15.30 – 16.45
Congress Centre – Flüela IdeasLab
277 ideaslab/tech pioneers
Energy Innovations with the Technology Pioneers
What cutting-edge technologies will redefine energy and resource efficiency?
Discover and debate in the IdeasLab:
Idea 1: Lowering the cost of solar energy
Idea 2: Energy and resource recovery from waste
Idea 3: Smart grids for energy efficiency
Idea 4: Power-saving telecommunications
Introduced by Al Gore, Vice-President of the United States (1993-2001); Chairman and CoFounder, Generation Investment Management, USA; Meta-Council on the New Architecture of Governance Discussion Leaders
Mattias Åström, Chief Executive Officer, Eta Devices, USA; Technology Pioneer
Theresa Jester, Chief Executive Officer,Silicor Materials, USA; Technology Pioneer
Amit Narayan, Founder and Chief Executive Officer, AutoGrid Systems, USA;
Technology Pioneer Matthew Silver, Founder and Chief Executive Officer, Cambrian Innovation, USA; Technology Pioneer
Facilitated by Mariette DiChristina, Editor-in-Chief, Scientific American, USA; Meta-Council on Emerging Technologies
Article by Rob Matheson | MIT News Office
October 28, 2014
Stream video on your smartphone, or use its GPS for an hour or two, and you’ll probably see the battery drain significantly. As data rates climb and smartphones adopt more power-hungry features, battery life has become a concern. Now a technology developed by MIT spinout Eta Devices could help a phone’s battery last perhaps twice as long, and help to conserve energy in cell towers.
Article By ROMAN KILISEK
A new study commissioned by the United Nations revised its global population projection upward to 13.2 billion people by 2100 – including billions of new middle-class consumers. According to Germany’s Spiegel Online, the study’s lead researchers give this high population growth scenario a probability of 95 percent to materialize.
Unsurprisingly, increasing total consumption in the developing world – from a much lower baseline than in advanced Western economies – will occur in lockstep with the surging need for energy to generate electricity given the projected increase in prosperity across the globe and accompanying improved living standards as more consumers and businesses gain access to reliable electricity.