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The world has, for the past few years, been awash with unicorn creams. The unicorn, that hallowed status when a startup reaches a billion dollar valuation, would seem to be the ambition of nearly every startup founder.
But the technology industry downturn over the past few months has called the unicorn model into question. All those companies that poured incredible amounts of money into growth at all costs, and purposely ignored revenue and profitability, went out on a serious limb -- and there is going to be some real pain as many of these companies have their valuations trimmed radically.
But all the while that the Ubers, Boxes and SnapChats were raising their monster rounds, other companies were going along a much more cautious route -- raising (comparatively) modest amounts, focusing on revenue acquisition and keeping a close eye on the bottom line.
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The Samsung Galaxy X range will have foldable screens, with release date early next year. Deep-throat rumor-mongers say there''ll be two models, different from the upcoming Galaxy S8 range.
[Developing story: Updated 7:26 am PT with more comment]
So forget today''s ho-hum, derivative, Samsung Galaxy S7. Finally, we''re going to see major change in smartphone form-factors. In IT Blogwatch, bloggers compare and contrast.
Your humble blogwatcher curated these bloggy bits for your entertainment. Not to mention: Cat-faced humidifier…
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Vizio has announced a range of Wi-Fi enabled sound bars which utilize the company's SmartCast technology and includes features such as dedicated surround speakers and slim subwoofers.
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(Reuters) - Security software maker SentinelOne said on Monday that it has hired prominent cyber-security expert Jeremiah Grossman, who last month left WhiteHat Security which he founded 15 years ago.
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Facebook Chief Executive Mark Zuckerberg's Twitter and Pinterest accounts have been resecured, a spokesman from the social media platform said on Monday, responding to questions about weekend media reports that the founder's sites had been hacked. Zuckerberg's Twitter and Pinterest accounts were compromised over the weekend, according to a report on Sunday from technology news website VentureBeat.
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FRANKFURT (Reuters) - Deutsche Bank is ending plans to set up a new digital banking service in the United States, according to an internal memo from Chief Executive John Cryan.
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The United States Patent and Trademark Office earlier this week granted Google a patent for "Adhesive Vehicle Front End For Mitigation of Secondary Pedestrian Impact." The patent application, filed a year and a half ago, credits Google employees Alex Khaykin and Daniel Lynn Larner as the inventors of the new technology. This latest patent grant is for "a system for protecting a colliding object from a secondary impact."
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