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Startup News

Location American Startup News for 13 May 2013

Sir Richard's crossdressing adventure ain't no drag

Venture Beat - 13 May 2013 23:27
Sir Richard's crossdressing adventure ain't no drag Richard Branson lost a bet in 2010, and finally made good on his promise to don heavy makeup and full drag. His sense of humor is a lesson to all founders and CEOs!
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Rocket Internet's Namshi raises $13M to expand e-commerce in Middle East Rocket Internet announced Namshi, its Middle Eastern online fashion retailer, has raised $13 million led by Summit Partners to sustain growth.
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Corporate philanthropy: good for the soul -- and your bottom line Guest Post It is high time for people to stop thinking of philanthropy and profit as competing or mutually exclusive. They are often symbiotic
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Rationing Are Way To Innovation

Forbes - 13 May 2013 22:13
Stan Cox is a lot of things. At the Kansas-based Land Institute, he's a senior scientist and plant breeder, working on perennial sorghum (tangentially, if you don't know anything about the Land Institute's efforts to tur...
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Would you give up half your company for $250K?

Venture Beat - 13 May 2013 22:00
Would you give up half your company for $250K? Guest Post If that sounds bad, how about half of your company for $90K? Crazy? No. This is the reality in many places outside of Silicon Valley (and especially outside the US). And it isn't good.
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The Rise Of Seaweed: The Second Coming Of Annie Chun Northern California-based food entrepreneur, Annie Chun, is knee-deep in the launch of a new venture that, if successful, will be proof positive that the country's palate for snacks may be changing.
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GM unveils its $130M Detroit data center

Venture Beat - 13 May 2013 21:37
GM unveils its $130M Detroit data center This is the first of the two data centers expected to serve as the "computing backbone" for the company's global operations. General Motors hopes to consolidate 23 data centers and three information technology suppliers ...
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The IRS-Tea Party Scandal: Many Political Groups Should Not Be Tax-Exempt Let's start with the obvious. Those IRS employees who singled out conservative groups for scrutiny over their tax-exempt status were wrong, wrong, wrong. Any whiff of politics at the agency is unacceptable, and this is f...
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Holmes Wants to Plead Insanity For Colorado Theater Shooting. What Does Insanity Mean? Lawyers for James Holmes, the accused Colorado theater shooter, are requesting that Holmes' plea be changed to not guilty by reason of insanity. This is the kind of thing that makes people crazy. It can seem like a lawye...
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How we can realize Health IT's full potential by looking at its setbacks Guest Post Electronic Health Records as they stand are preventing medical professionals from diving deep into Health IT. But there's a way to turn it around.
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Grotech closes new $225M fund to support startups in 'underserved markets' Grotech Ventures announced the close of its eight fund at $225 million. The Vienna-based firm invests in early-stage companies along the East Coast and in Colorado.
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Sleek to-do app Any.Do nabs $3.5M from Genesis Partners, Eric Schmidt, & others Popular to-do list application Any.Do has raised $3.5 million in new funding to continue helping people get things done no matter the device.
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Africa's entrepreneurs say their ideas aren't a 'dime a dozen' like in Silicon Valley (video) Check out this 20 minute documentary on Africa's tech scene. Unlike Silicon Valley, "innovation is born from necessity."
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Google unifies cloud storage so you get 15GB shared across Gmail, Drive, & Google+ Google has modified its cloud storage allocation for regular users of its services so they now share 15GB of free storage across Gmail, Drive, and Google+ Photos.
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Welcome to the Forbes Style File...

Forbes - 13 May 2013 19:11
Welcome to the Forbes Style File... When?s the last time you clipped a page from a women?s magazine with ?the perfect outfit to wear to work?? If you?re like me, it?s been a long long time. Rarely can you find anything in a fashion magazine that?s both app...
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Amazon reportedly buys Samsung's Liquavista screen tech company, potentially for color Kindle Amazon's Kindle Fire is in glorious living color, but it's original and still strong-selling Kindle and its cousins, the Kindle Paperwhite family, are still irritatingly stuck in 1950's-style black and white. That may so...
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Announcing A Video Live Chat With Shradha Agarwal Of ContextMedia Streaming live on Forbes, ContextMedia founder Shradha Agarwal will answer questions from readers at 3 p.m. ET (12 p.m. PT) Tuesday, May 14th. As part of the Young Entrepreneur Council's #StartupLab initiative, a virtual...
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LucidWorks pulls in $10M to turn open source data into 'business gold' Big data startup LucidWorks has raised $10 million to help enterprise companies "turn multi-structured data into business gold."
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Coffee with Apple CEO Tim Cook hits $605K, may break Lamborghini charity auction record Apparently, coffee with Apple CEO Tim Cook is a big deal. Even bigger, perhaps, than a new 2013 Lamborghini.
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Husband-wife team launch Zoobean to make search for kids books smarter Zoobean launched a curated catalogue of children's books today to make it easier for parents to find books that are the most relevant for their children.
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Tough Crowd: Smart Ways to Deal With Angry Customers Online If you run a business, you?ve probably learned?the hard way?that hell hath no fury like an angry customer.
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New Google Glass hack gives doctors the power of face recognition The latest potential use for Google Glass is great news for doctors and hospitals.
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