Margaritas chased with deadlines as Coolest Cooler founder makes Kickstarter history

At first it will be margarita time for Ryan Grepper, the Portland, Oregon-based inventor who just set a Kickstarter fundraising record for the Coolest Cooler. But then it’s right back to work. Read more »

Hot Shots

Aerosmith's Joey Kramer finds new ways to drum up business for his coffee venture

by Jon Chesto 0808 Joey Kramer

I t didn’t take long before Joey Kramer’s band broke out of the Northeast and became a nationwide phenomenon. Forty years later, the Aerosmith drummer is hoping to do the same with his organic coffee line, Rockin’ & Roastin’.

Kramer first started placing his three flavors of Rockin’ & Roastin’ on local store shelves within the past two years. At first, it was just a few specialty  ...

11 minutes ago
Loot

Square shoots for $200M in funding at $6B valuation

by Cromwell Schubarth Jack Dorsey Square

P ayments company Square is reportedly raising money in a funding round that would value it at $6 billion, up 20 percent since earlier this year.

CNBC cited unnamed sources familiar with the matter who said that the San Francisco company led by Twitter cofounder Jack Dorsey is raising $200 million and that some of the money coming from the Government of Singapore Investment Corporation (GIC).

The  ...

37 minutes ago
Loot

Jay-Z, Nike and Under Armour battle over Kevin Durant’s sneakers (Video)

by Teresa Novellino Kevin Durant's endorsement decision

U nder Armour’s offer to best Nike for an endorsement deal involving basketball star Kevin Durant is not just about the highest bidder. It is also a sign of disruption in a $4.5 billion basketball sneaker market that is dominated by Nike.

Here's a quick summary of the current situation: Under Armour is reportedly offering the Oklahoma City Thunder forward $265 million to $285 million  ...

2 hours ago
Innovation

Disney’s drone patent could bring "blimp-sized" Pinocchio to life (with strings)

by Michael del Castillo Drone puppet masters

N ext year is the 75th anniversary of Disney’s version of Pinocchio, the Italian story of a puppet who wished away his strings and through the power of a magic spell, became a real boy. So it’s only fitting that the entertainment giant is looking to get into the marionette business in its own right, but with a high-tech twist: drones.

In a patent application dated August 31, Burbank,  ...

3 hours ago
Hot Shots

Living a double life — this woman juggles a law firm job and a fashion startup

by Hilary Burns Unknown

O ne rainy day at a country club in San Diego, Catherine Ferrigno downloaded a book about starting an apparel line.

Ferrigno, an attorney by trade, read the book cover to cover that day and decided she would fill what she saw as a hole in the marketplace — stylish but comfortable golf attire for women.

More and more women are wearing athletic clothing, even if they aren’t playing a sport, The  ...

4 hours ago
Innovation

The $1.8 trillion black market is almost impossible to fathom... without this infographic

by Michael del Castillo visualizing org ubj

T hink of Consumer Consumer reports for the $1.8 trillion global black market, and you’ve got a pretty accurate image of Havocscope, a data company for illegal markets. Their data set includes global prices for illegal products and services including contract killing, AK-47s, human smuggling, and organs.

Founded in September 2013, Havocscope gathers their information from both open-source and  ...

20 hours ago
Hot Shots

Second Life creator who tipped off 'Zuck' about Oculus VR talks about Facebook’s virtual future

by Michael del Castillo Cory Ondrejka

L ong before Apple launched its App Store leading the way for dozens of other companies that all wanted to create various platforms on which other companies could build their products, Cory Ondrejka, Facebook’s vice president of engineering, helped create an entire virtual world called Second Life, in which people could have entire careers on a digital platform.

Since Facebook acquired virtual  ...

21 hours ago
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