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As Aereo files for bankruptcy, CEO Chet Kanojia stands proud

Aereo, unable to come back from court rulings against its technology, has filed for Chapter 11 bankruptcy protection. Yet in an unusual letter to its consumers titled “The Next Chapter,” CEO Chet Kanojia strikes a proud tone, writing “We stayed true to our mission.” Read more »

Hot Shots

Silver-tongued 'Fake Steve Jobs' wins boss job at Valleywag

by Michael del Castillo Dan Lyons

D an Lyons is the blogger formerly known as Fake Steve Jobs whose identity was once one of the Internet's great mysteries. The man Macworld described as having "mongo-like shrewdness," long before his identity was known, kept Silicon Valley "riveted," as Bloomberg called it, by his eviscerating wit.

Yesterday we learned he will soon have a new job as the boss over at Valleywag, what may be the  ...

23 minutes ago

INFOGRAPHIC: Here's how much bad meetings cost your business

by Alex Dalenberg

You're not imaging it. We waste a lot of time in unproductive meetings. And the cost is real: to the tune of $37 billion per year. Here's something to mull over the next time you're plotting out the calendar. This infographic via the TED Ideas blog is inspired by David Grady's TED Talk How to save the world (or at least yourself) from bad meetings) and Jason Fried's Why work doesn't happen at  ...

48 minutes ago

Death to Uber! or at least suspension, cry New York cabbies

by Ben Fischer UBER PHONE

A group representing New York City taxi interests has formally asked the Taxi & Limousine Commission to revoke Uber's license to operate, pending an investigation into the startup's use of passenger data.

The Committee for Taxi Safety, whose members include 12 yellow cab leasing agents, also took TLC Chairwoman Meera Joshi to task for her comment that Uber's PR problems amount to " growing  ...

1 hour ago

WATCH: This robot security guard could put a lot of mall cops out of work

by Alex Dalenberg

RoboCop is here and he's patrolling the parking lots of Silicon Valley. OK, the real-world equivalent isn't exactly Paul Verhoeven's crime-fighting cyborg, but meet the K5, a robot security guard built by Knightscope, a Mountain View, Calif.-based startup. The K5, which isn't armed, is designed to recognize unusual behavior and report it to the authorities in the same way a human security  ...

1 hour ago

This startup says, Honk if you run into car trouble

by Annlee Ellingson Honk

I f Uber is the app you use when you don't have a car, Honk is the app you use when you do have a car. That's how founder and CEO Corey Brundage describes his on-demand roadside assistance company, which is now live and available nationwide.

The Santa Monica startup has drafted more than 20,000 contractors to tow, change tires, jumpstart batteries, deliver fuel and help users locked outside their  ...

1 hour ago
Hot Shots

Once valued at $1.3B, decimated Fab.com reportedly in sales talks for just $15 million


O ne of New York's rare startup "unicorns" is looking like a very normal horse this morning.

Fab.com is in talks to sell itself for just $15 million, 15 months after a Series D investment round valued the e-commerce play at $1.3 billion, according to a report late Thursday from Techcrunch. A source close to the company confirmed the talks but suggested to me that the pricetag could nearly triple  ...

2 hours ago

Startup backed by ex-Priceline.com CEO uses social commerce to provide deals

by Danielle Abril Joinem Home Page

A Dallas startup backed by the former CEO of Priceline.com has just launched the beta version of its social commerce retail website aimed at providing consumers the best deals through group buying and social media influence.

Joinem launched its beta website Nov. 5, giving 200 handpicked users access to the more than 10,000 products it sells straight from manufacturers and vendors.

The company is  ...

2 hours ago
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