BalKhadisha

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Psychologist: Giving your kid an iPad is ‘child abuse’

Steve Jobs didn’t let his kids use an iPad at home for fear that they would become technology addicts.<p>According to a leading child psychologist it’s a whole lot more serious than that, however — giving very young children an iPad to play with may be “tantamount to child abuse.”<p>Describing it as …

Giving iPads to young kids akin to child abuse, doctor says

Giving an iPad, or any other tablet, to kids under two is akin to child abuse because the digital world presented on the screen may distort the way …

These 10 up-and-coming startups are on Goldman Sachs' radar

You might be surprised.<p>In a research report this week, Goldman Sachs interviewed executives from ten startups from around the world that they're interested in.<p>These startups aren't billion-dollar companies — they're early-stage and growth-stage companies that are tackling industries ripe for …

Startups

Breather Raises $20M From Peter Thiel’s Valar Ventures To Expand Its On-Demand Private Room Business

Breather, the on-demand private room service has raised $20M led by Peter Thiel’s Valar Ventures. The series B brings Breather’s full raise to $27M. This round also had participation from Real Ventures, RRE Ventures, Slow Ventures and SOS Ventures. Valar will join the board.<p>The Breather rooms were …

Startups

Case Study: Should a Hotelier Invest in a New Kind of Online Travel Agency?

Romualdo Faura<p>Lotta Tindal, the chief marketing officer for the Dutch hospitality group Ervaring Hotels & Resorts, hadn’t wanted to come to the presentation, but Gerard Bakker, Ervaring’s CFO, had twisted her arm.<p>“These things are nothing more than glorified sales pitches,” she whispered to …

Hospitality

Entrepreneur turns eBay sales into $2-million business

Marty Babayov watched his older brother make money by buying things and selling them online for a profit. Then, at 13, he tried his hand at it, …

Recommended from Around the Web (Week ending September 26, 2015) - MIT Technology Review

Blood and Soil<br>Adam Gopnik reviews Timothy Snyder’s new history of the Shoah, <i>Black Earth</i>, which explains Hitler’s anti-Semitism as grounded in a …

Obama Administration

The real reason Quirky, a startup that raised $183 million, went bankrupt in 6 years

There's been a lot of buzz covering the story of Quirky failing this summer (and filing for bankruptcy this week). It usually reads something like "venture backed company burns through mountain of cash without real business" or some other such garbage. I've found myself thinking a lot about the …

Product Management

'Uberisation' of economies pinching state tax revenues

The so-called "Uberisation" of commerce is both rising in volume and spreading across an ever-larger number of sectors -- ranging from apartment, car and power tool sharing to money lending and food services.<p>Increasingly popular trade directly between individuals is challenging the paradigm of …

Power Tools

How Bold Entrepreneurs Are Breaking $1 Million In One-Person Businesses

Allen Walton, 27, lives a life many Americans can only dream of: He is on track for seven-figure revenue in a business that has been a one-man show until very recently, when fast-growth made it necessary to hire someone to answer the phones. Walton manages his year-old online store, …

Entrepreneurship

Google just took the lead in the dangerous game called 'Race To Zero'

Price: $0.<p>The cloud-computing industry reads like a who's who of profitable tech giants. But they've been nervously watching a competition started by Amazon, matched by Microsoft, and taken up with gusto by Google.<p>It's called "the race to zero."<p>This race refers to charging nothing — absolutely zip …

Profit

Bob Schieffer on the past, present and future of journalism

<i>"We'll do what we always do, report the news."</i><p>That's how Bob Schieffer, forever folksy and understated, promoted his final edition of "Face the Nation" in a tweet the other day.<p>Schieffer, 78, will say goodbye on Sunday morning after nearly a quarter-century moderating CBS's marquee political talk …

Journalism

This insane cheetah robot from MIT hurdles obstacles without breaking a sweat

Robots are on the march, and a new breed of them can leap obstacles in a single bound. Scientists at the Massachusetts Institute of Technology have taught one of Google’s four-legged robots how to detect and jump over objects without breaking stride.<p>The robot, which the MIT team of scientists will …

Robotics

The man behind Ikea’s world-dominating products has never been to design school

Marcus Engman has been the chief designer at Ikea since 2012. But although he runs design at the Swedish furniture giant—which opens stores with as much floorspace as the Louvre, and is so widespread that it is said that one in 10 Europeans is conceived on a Ikea bed—Engman has no formal design …

Furniture
Inventions

Britain lagging behind France and Germany on innovation

The UK filed just 6,619 patents in 2014, compared to 56,492 in Germany and 11,595 in France<p>Britain is lagging behind European rivals on innovation, with both France and Germany filing significantly more patents in 2014 than the UK, according to a new study by Thomson Reuters.<p>The study found that, …

Hot VC firm led by Palantir cofounder plans to spend $100 million in an area long-neglected by investors

The reason: Hardware startups have long been passed up by traditional VC investors.<p>Formation 8, which is led by Palantir cofounder Joe Lonsdale, claims its new fund is the world's first fund exclusively focused on hardware startups. And according to its presentation, obtained by BuzzFeed, hardware …

Venture Capital

Snapchat Closes Another Massive Funding Round -- $537 Million

Snapchat closed another massive funding round on Friday, raising $537 million, according to a regulatory filing. Snapchat recently closed another round a few months back on New Year’s Eve, claiming more than $485 million. The company has now raised well over a billion dollars from investors. <b>Re/code</b> …

Venture Capital