Decode: Biz

By Encode Entertainment | It's what's said and how!

6 Ways to Raise Money for Your App Startup

A recent study reveals that 82% of businesses fail due to cash flow problems.Saying that having an app startup idea is the knock at the door to …

Startups

Apple adds new banks to its list of Apple Pay partners

Apple has reportedly added more than 20 banks and credit unions in the US to its official list of Apple Pay partners.<p>Apple today updated its list of official Apple Pay partners, with 22 new US banks added to the hundreds that already support the payment system, according to 9to5Mac. The site lists …

Banking

Twitch’s game store is now open for business

Twitch is now a place where you can both watch and buy games. Earlier this year the streaming service announced plans to launch a digital PC games store, and today it’s open for business. Users will be able to purchase select games directly from Twitch channels and game pages, both on the site and …

PC Gaming

STORY REMOVED: BC-US--Netflix-Thumbs-Up Or Down

SAN FRANCISCO (AP) — The Associated Press has withdrawn its story about changes to Netflix's ratings system. The story was published prematurely in error.<p>The AP

Entertainment

These are the leading credit card processing companies

Credit card processors are mostly responsible for data transmission and security when you use your card at a store or online to make a purchase.<p>There are two types of processors in the payment-card system. Front-end processors route transactions from merchants to the cardholder's bank to gain …

Banking

Yelp acquires Wi-Fi marketing company Turnstyle Analytics for $20 million

Yelp this morning announced it has paid $20 million in cash to acquire the Wi-Fi marketing company, Turnstyle Analytics, which offers a service that allows businesses to connect with their customers over a freely provided Wi-fi network. The move, Yelp explains, is aimed at expanding the types of …

Wi-Fi

Real-time video streaming service PhenixP2P raises $3.5M

PhenixP2P, one of the five finalists in our 2016 Disrupt London Battlefield competition, today announced that it has raised a $3.5 million Series A round led by KB Partners. With this, the company has now raised $5.5 million for its real-time video streaming solution that promises to offer far …

Streaming

London-based Forward Partners closes new £60M fund to invest in startups at idea and Seed stage

Forward Partners, the London-based VC firm originally founded by Forward Internet Group and Nic Brisbourne, has closed a new £60 million fund to continue investing in tech startups from idea to late Seed stage.<p>Noteworthy, the new fund has a single unnamed LP. Described only as a “major …

Venture Capital

Bill Maris’s next gig after GV is a $100 million health and biotech fund

It was happening, then it wasn’t — but now it seems Bill Maris’s venture fund might actually be more than vaporware. Maris, founder of Google Ventures, now called GV, is raising money again for a new healthcare, biotech and tech-focused venture capital fund, according to sources familiar with the …

Venture Capital

China’s LeEco Raises $2.18 Billion From Property Investor

China’s cash-strapped LeEco group, which has made major pushes into entertainment and technology, has raised $2.18 billion of fresh capital. The cash …

China

Spaces gets another $6.5 million for its VR theme park dreams

Getting VR headsets into the casual user’s hands and households is one of the ongoing struggles of the industry. Other than the mobile solutions, additional peripherals are not at consumer friendly price points yet and likely won’t be for a while, but there are events being held around the world …

Amusement Parks

App Annie: Worldwide app downloads grew 15% and revenue soared 40% in 2016

Downloads, revenue, and time spent in apps all grew by double digits during 2016, according to a report by market researcher App Annie.<p>Time spent in apps grew more than 20 percent to nearly 900 billion hours in 2016, according to the year-end report. That’s just one sign that the global app economy …

Pokémon Go

Facebook plans to invest more than $3 billion in VR over the next decade

Facebook CEO Mark Zuckerberg sees virtual reality as a future computing platform that his company has a chance to own, though he admits it may take 5 – 10 years to bring it to the masses.<p>Members of the press had a rare opportunity to get a more unfiltered view into the future of Facebook’s virtual …

Virtual Reality

New Enterprise Associates is targeting a whopping $3 billion for its newest fund

New Enterprise Associates (NEA), the 40-year-old venture firm, has signaled its intention to raise $3 billion for its 16th fund in a new SEC filing. The Form D states that the first sale has yet to occur, though typically, when a firm registers a fund of this size, it has already soft circled many, …

Venture Capital

HTC launches $10 million VR fund to promote the planet’s sustainability

HTC has launched a $10 million virtual reality fund for content and technologies that will drive sustainable development around the world.<p>Taiwan-based HTC makes the HTC Vive VR headset, and its VR for Impact program was unveiled at the World Economic Forum in Davos, Switzerland. VR is expected to …

Virtual Reality

Amazon announces apprenticeship program to train veterans for high paying tech jobs

Amazon today signed an agreement with the US Department of Labor to create an apprenticeship program designed to aid military veterans as they attempt to re-enter the workforce.<p>Through ApprenticeshipUSA, veterans can take on paid internships at Amazon and learn the tech skills needed to move into …

U.S. Dept. of Labor

Apple and Amazon end decade-long audiobook exclusivity deal

Regulators said the deal was limiting competition<p>Apple and Amazon have agreed to end an exclusivity agreement that made Audible the only seller of audiobooks inside of iTunes.<p>The agreement had been in place for over a decade, since 2003, but came to an end earlier this month following complaints …

Audiobooks

Paramount Pictures to receive $1bn investment from two Chinese film companies

The Chinese companies will jointly finance 25% of all Paramount films over the next three years.<p>Paramount Pictures has struck a $1bn (£810m) joint …

Movies

P2P lending site Funding Circle raises another $100M led by Accel

Make way for another large fintech investment out of Europe. Funding Circle, the London-based peer-to-peer lending platform that lets small businesses connect with investors willing to lend them money, has raised another $100 million in funding of its own, led by Accel with participation from other …

Startups

How To Find Chinese Manufacturers If You Don't Know Anyone In China

A client recently had me source a new Chinese supply chain for injection-molded plastics. In this series I’ll explain how we were able to go from having no contacts in China to successfully receiving quotes from several injection-mold manufacturers. There are many steps to building a supply chain …

Manufacturing

Bill Gates, Jeff Bezos, and other investors are launching a $1 billion green energy fund

Bill Gates, Jeff Bezos, and a consortium of high-profile investors are backing a new $1 billion (£790 million) venture fund that will invest in clean energy technology.<p>It's called Breakthrough Energy Ventures (BEV), and it has a broad focus. "Anything that leads to cheap, clean, reliable energy …

Bill & Melinda Gates Foundation

Particle raises $10.4 million to grow its IoT development platform

Internet of things (IoT) startup Particle has raised $10.4 million in a Series A funding round from Root Ventures, O’Reilly Alpha Tech Ventures (OATV), and Rincon Venture Partners.<p>Founded out of San Francisco in 2011, Particle — not to be confused with the web app firm of the same name that was …

Internet of Things

Cogito raises $15 million to help call center staff detect customers’ mood from their voice

Artificial intelligence company Cogito raised $15 million in its latest funding round, the company told VentureBeat today.<p>Cogito combines behavioral science and artificial intelligence to detect a person’s emotional state and determine if their mood has changed and how conversations are going — all …

Intelligence

5 counter-intuitive lessons I’ve learned by building startups

Building a startup is anything but intuitive. There’s a good reason startups are all about trying new things, testing them, and re-doing it all over again – there is no <i>one right way</i>, and what works isn’t always what’s logical.<p>When starting a company standard advice like, “work hard,” and, “you have …

Entrepreneurship

Nintendo is betting it can sell 2 million of its new gaming machines in less than a month

Nintendo posted lackluster earnings on Wednesday that saw its string of quarterly losses continue, as the flop of the Wii U video game console continues to drag down on the company's bottom line.<p>In fact, Nintendo's two biggest profit drivers this past quarter were from its sale of its stake of the …

Gaming Consoles

What the Tech? 12 Tech Terms to Know Right Now

<b>Unlock the mysteries of the “cloud” and “IOT,” learn the difference between augmented and virtual realities and find out what “Merged Reality” means.</b> …

HYPR raises $3 million to keep hackers from getting their hands on your fingerprints

If your account gets hacked these days, the first thing you’ll do typically is reset your password, maybe beef up your security settings, and proceed to use the account or app again. But what if hackers get their hands on your fingerprint, iris or other biometric data? You can’t just change your …

Security

Forget grit, IQ, and culture fit. VCs say this is what it takes to succeed at a startup

When founders are asked what it takes to succeed at a startup, many provide this well-worn answer: “learn to be comfortable with ambiguity”—an equally frustrating and ambiguous response.<p>At a recent event in New York (“Start @ a startup“) co-hosted by Sequoia Capital and Business Today, a handful of …

Startups

Intel Capital Invests $38M In 12 Innovative Technology Startups

It’s been a challenging year for Intel Capital.<p>After admitting earlier this year that he was undertaking a comprehensive review of the chipmaker’s corporate venture capital arm, including possibly dumping some of its assets for an estimated $1 billion, Intel Capital’s president Wendell Brooks …

Innovation