• Intel Invests $22 Million More in IoT, Other Startups
    Intel is investing another $22 million in 10 startups focused on communications, networking, IoT and other new industry segments for the chipmaker. The most recent investment by Intel Capital, the vendor's investment arm, brings the company’s total investment in start-ups this year to more than $500 million, according to Wendell Brooks, corporate vice president of Intel and incoming president of Intel Capital. The investments were announced Nov. 3 at the annual two-day Intel Capital Global Summit.
  • Risks Seen for Companies Not Embracing Internet of Things
    The Internet of things, in which anything from refrigerators to cars are connected online, is such an important development that companies failing to recognize it risk becoming irrelevant. That was the consensus during a panel about connected devices during Fortune’s Global Forum on Monday. Cisco  CSCO -1.34%  Executive Chairman and former CEO John Chambers said he believes there will be around 500 billion devices hooked to the Internet by 2025. 
  • Chip Created to 'Smell' Food Going Bad, Targeted for CPG Packaging
    Computers are slowly gaining human senses. Cameras give them eyes, and microphones give them ears, however, one sense that hasn't yet been duplicated is a sense of smell. A company called C­2Sense, however, is aiming to change that, and has come up with a small chip that essentially gives computers a sense of smell, which can be used to smell whether or not food is going off. While detecting spoiling food seems like it could be easy and not really that big of a deal, it's more important than what one might think. When a piece of fruit, for example, …
  • Luxury Car Joint Venture to Market Smarter Cars
    Using multiple APIs allowing smart cars to integrate with various enterprise resource planning (ERP) systems could lead to new B2B services opportunities. Once the APIs are integrated with the ERP systems, this will enable the usage of a system of integrated apps to manage and automate services. With this in mind, Daimler and telematics service provider WirelessCar have signed a strategic IoT partnership to connect the car to the business. The automotive corporation - which includes brands like Mercedes-Benz, Smart, and Mitsubishi Fuso - said it will use WirelessCar's- a Volvo Group company - platform to extend services offerings with fleet management …
  • Device Turns Regular Watch into Smartwatch
    The internet of things or IOT revolution is happening right now, and by year 2020 according to tech analyst firm Linley Group, there will be tens of billions of devices connected to the internet. These devices can communicate, learn users’ behavior — and change the way humans live and work in this tiny speck of the cosmos. So it shouldn’t surprise anyone that one startup is trying to transform all watches into smartwatches. Chronos is not a smartwatch, but it’s a device that can turn an old Rolex watch into a semi-smartwatch that can sync with a smartphone, either an Android or …
  • Security Issues Raised Around Smart Homes
    Investigating some of the latest Internet-of-Things (IoT) products, Kaspersky Lab researchers have discovered serious threats to the connected home—including a coffeemaker that exposes the homeowner’s Wi-Fi password, a baby video monitor that can be controlled by a malicious third party, and a smartphone-controlled home security system that can be fooled by a magnet. The security firm’s investigation into the connected home discovered that almost all of the devices tested contained vulnerabilities. The baby-monitor camera used in the experiment could allow a potential attacker, while using the same network as the camera owner, to connect to the camera, watch the video from it …
  • More VW Cars Found with Emission-Fooling Technology
    Volkswagen's luxury diesel cars in Europe are fitted with the same software that American regulators say was used to cheat emissions tests in the United States, the carmaker said on Thursday. U.S. regulators said on Monday that about 10,000 VW cars in the United States - including some Audi and Porsche models - were equipped with auxiliary emission control devices (AECD) that masked the fact that the cars could emit up to nine times the allowed amount of smog-causing nitrogen oxide. They said the firm had failed to inform them such devices was fitted in large 3.0 litre engines used …
  • Smart Pen Company Fetches $15 Million
    The writing is on the wall for more consolidation in the world of startups… both literally and figuratively. Today Anoto, a digital writing company based out of Sweden, announced that it would acquire longtime partner Livescribe, another a smart pen maker, for $15 million in a deal that is expected to close this month. Specifically, Anoto says this is an all-cash deal and is based upon an enterprise value of $15 million “equal to estimated annual sales for 2015.” This is a bargain of sorts, but a poor return for investors: Oakland-based Livescribe, founded in 2007, had raised at least $68 million from backers like Qualcomm, Crosslink Capital and Scale …
  • Bluetooth-Controlled Button Can Start Appliances
    Connecting analog devices to the Internet of Things can be a hassle. If your stereo doesn't have Wi-Fi or Bluetooth connectivity, then how will you tell it to start automatically playing your sweet jams when you get home after work? The answer might be a robotic finger called the Microbot Push: a low-energy Bluetooth device that can be stuck to any surface and that physically pushes buttons when you wirelessly tell it to. The Push is the creation of Korean startup Naran, which unveiled the device earlier this year and is preparing to launch a crowdfunding campaign on Indiegogo on November 9th. Each …
  • Company to Connect Devices with Audio Gets Funding
    Smart tone startup LISNR just raised a $10 million series B round led by Intel Capital to further advance the product as “a true protocol to connect devices across a number of different verticals,” LISNR co-founder and CEO Rodney Williams told TechCrunch. LISNR’s technology is an audio-based platform for communicating data across devices. Any brand or device that wants to use it just needs to drop in a few lines of code into their pre-existing software. Right now, LISNR serves as a solution that uses high-frequency audio tones to enable people to unlock discounts and experiences. Down the road, LISNR …
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