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Villain or dunce? Jailed Mt Gox CEO made bitcoin what it is today

Regardless of whether Mt Gox CEO Mark Karpeles was a dunce or a criminal mastermind, his time at the helm changed the course of bitcoin. Read more »

Lifestyle - The on-demand economy

Deliv takes on Amazon with same-day delivery for Macy’s, Bloomingdales and more

by Teresa Novellino DaphneCarmeli

Watch out Amazon. Deliv, the same-day delivery service that works with retailers and mall operators to deliver merchandise ordered online, is moving into eight new markets, including New York City, bringing its delivery area to a total of 17 markets.

New York City delivery launches in early October, as the holiday shopping season gets started. In addition to Manhattan, Brooklyn, and Queens, the  ...

3 hours ago
Loot - Silicon Nation: Kansas City

Lewis & Clark Ventures' voyage of discovery: filling the series A gap

by Allison Kite Scott Bernstein

Lewis & Clark Ventures soon will join the effort to fill the Midwest's venture capital gap.

The St. Louis firm was created to help get entrepreneurs to the next level of growth, writing checks too big for early-stage accelerators, incubators and angels. Vice President Scott Bernstein said the firm will focus its efforts to provide series A capital on Kansas City, and the surrounding  ...

4 hours ago
Startups - Bizwomen

Prizma promises video recommendations based on the 'whole person'

by Annlee Ellingson FEM co-founders Natasha Mohanty, Rachel Payne and Meghana Bhatt

You know how this works: Watch one online clip of UFC champ Ronda Rousey defeating her latest opponent in 34 seconds, and you’re presented with the option to view several of her previous equally succinct fights. The web’s recommendation engines are pretty smart about guessing what you’re interested in based on your Internet activity, and you could easily get lost in a rabbit hole of  ...

4 hours ago
Loot - Silicon Nation: Memphis

Pitch competitions out to show the South can rise up, challenge venture capital's big 3

by Michael Sheffield Venture Capital

Memphis will be the first site of six regional startup pitch competitions aimed to take a piece of the enormous amounts of venture capital poured into the East and West Coasts.

The pitch competitions are conducted by the Delta Entrepreneurship Network, which is part of the Delta Regional Authority. DEN is seeking a group of 36 new entrepreneurs and organizations to drive the startup ecosystem in  ...

6 hours ago
Loot

Silicon Valley gets a new unicorn after cyber security company Zscaler raises $100M

by Gina Hall Zscaler

Cyber security company Zscaler raised $100 million in funding Monday on a valuation of $1 billion, joining Silicon Valley’s growing unicorn club.

TPG led the round with participation from EMC and Lightspeed Ventures. Nehal Raj, partner at TPG, joined the Zscaler board of directors as part of the investment. The company has raised $138 million to date.

CEO Jay Chaudhry founded the San  ...

6 hours ago
Innovation

Wall Street secrets targeted by bitcoin technology pioneers

by Michael del Castillo Bitcoin Wall Street

Bitcoin isn't going to leave Wall Street or the nation's big banks in a smoking post-apocalyptic heap of destruction, in spite of what some early cryptocurrency supporters may have hoped. But that doesn’t mean the blockchain technology behind bitcoin won't still lift the veil of secrecy over many financial transactions, and ultimately expose the sector's once-hidden processes to anyone who  ...

8 hours ago
Lifestyle

Sacramento as a fashion hub? These designers want it to happen

by Sonya Sorich Kimberly Eanes

When it comes to fashion, Sacramento isn't London or New York City. But it's hardly runway roadkill.

That's why two local entrepreneurs plan to open a fashion-design hub where Sacramento-area designers can create and showcase their work. The concept, called The Workspace: Fashion Incubator, is expected to open late this year or early 2016.

The idea comes from Karisa Gold and Kimberly Eanes, both  ...

13 hours ago
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ShopKeep scores $60M, a big new partner and a U.K. expansion

All-star inventors show up to help launch littleBits brick-and-mortar store

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