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Can Jawbone survive Apple's fitness wearable business?

Not profitable after 16 years, Jawbone sells one fitness tracker for every seven Apple Watches Read more »

Startups - Taking on the 1099 economy

Can this company compete with Uber Black on its own turf?

by Andy Medici Richard Kane

WASHINGTON — Richard Kane wants to go toe-to-toe with ride-sharing giant Uber Technologies Inc. to compete for the on-demand luxury ride market.

Kane, the president and CEO of Washington, D.C.-based International Limousine Service Inc., is releasing an app called Wheelz on Demand that will allow customers to hail high-end sedans and town cars with their smartphones. It's a direct attempt to  ...

5 minutes ago
Advice - Guest Contributor

4 top business-killing mistakes for entrepreneurs

by Gregg Swanson 4 top business-killing mistakes for entrepreneurs

For many entrepreneurs, the process of launching a company begins with the lightbulb moment when they conceive of a breakthrough idea for a new product or service.

Very often, they are so passionate about the idea that they believe its merits will be self-evident to prospective customers — that the innovation is so obviously superior it will sell itself.

Entrepreneurs who avoid that delusion  ...

34 minutes ago
Loot - Payments

What PayPal needs to learn from Venmo if it hopes to stay competitive

by Michael del Castillo

NEW YORK — Before the year ends, PayPal is expected to conduct a test similar to the strategy used by Elon Musk, Peter Thiel and others when the company was founded 17 years ago.

In those early days the payment processor that is now valued at $40 billion was an upstart person-to-person payment tool. It only expanded to merchant transactions — specifically those being built on an-up-and-coming  ...

1 hour ago
Startups - Internet of things

How this tech duo is trying to smarten up your oven (Video)

by Krystal Peak Matt Van Horn & Nikhil Bhogal

SAN FRANCISCO — The biggest risk during the Thanksgiving holiday, other than getting caught in a drawn-out conversation with a distant relative about what you do for a living, is ruining the meal because your chef skills are lacking.

While technology has helped us optimize many other aspects of our lives, kitchens have remained largely unchanged since the advent of the microwave. But one  ...

1 hour ago
Hot Shots - Immigrant nation

Apprenda co-founder Abraham Sultan talks immigration, recruiting tech talent

by Chelsea Diana Abraham Sultan

ALBANY—Rensselaer Polytechnic Institute brought Abraham Sultan, co-founder and vice president of engineering at Apprenda, to the area in 2000, during a tumultuous time in Venezuelan politics.

The idea of someday growing a business like Apprenda made him stay in the U.S. and fight to get a green card.

After graduating from Rensselaer, he worked with a Saratoga Springs software company and for  ...

17 hours ago
Startups - Silicon Nation: Buffalo

Startups find unlikely partner in nonprofit agency serving the blind

by Dan Miner Olmsted Center for Sight

BUFFALO—The Olmsted Center for Sight has found an unusual way to support its mission of finding employment for visually impaired Western New Yorkers.

The Buffalo-based nonprofit has become an approved zone for companies in the Start-Up NY tax breaks program and is working with three local start-up companies on various facets of their business.

The goal is to take part in the local awakening  ...

18 hours ago
Loot - Silicon Nation: Boston

Bain-backed software provider to corporate bigs could exceed $100M revenue

by Sara Castellanos

BOSTON—Fresh off a significant investment from Bain Capital Ventures, 10-year-old software firm SevOne has officially moved its headquarters to Boston from Delaware and expects to exceed $100 million in annual revenue this year.

The digital infrastructure tech firm offers performance management software that is used by high-profile clients including Time Warner Cable, Comcast, eBay, Nasdaq and  ...

19 hours ago
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