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Month: August 2014

Intel’s CEO Envisions A Future Where Wearables Don’t Look Like Wearables — And It’s Not That Far Away

Intel CEO Brian Krzanich foresees a day when a wearable is no longer seen a one-size-fits-all device that you put on your wrist. That day could be coming sooner rather than later, as Intel-based wearable products will likely be shown off in the coming weeks at New York Fashion Week. “Wearables” is still a nascent product category, but one that Intel has a vested interest in. After all, the company acquired wearable maker Basis for around $100 million earlier this year. Intel isn’t alone, however. Everyone from major consumer electronics manufacturers like Samsung and LG to startups like Pebble and Meta, are seeking to create “smart” devices that users can wear. For the most part, wearables have been split into one of two camps — those targeted at users who want to better connect with and get notifications from their mobile phones and other devices, and others for tracking their activity and fitness levels. Basis is in that latter category. It is best known for making a smart-watch looking device that tracks a wide range of fitness data, including steps, sleep quality, heart rate, and amount of time spent active during the day. As a result, it generally produces a much more comprehensive data set than most competing wearable products on the market today — after all, the Fitbit Flex, Nike Fuelband, Misfit Shine, and others mostly focus on...

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Lessons From The Sharing Economy

Editor’s note: Raj Kapoor is the co-founder and CEO of fitmob, previous managing director at Mayfield Fund and former co-founder and CEO of Snapfish. Companies everywhere are jumping on the sharing economy trend. From sharing skills to houses to cars, the sharing economy is transforming many industries. Technology has lowered the barriers so that anyone can provide services blurring the line between “personal” and “professional.” The consumer peer-to-peer rental market alone is worth $26 billion. Private investors are noticing as Airbnb recently received a $10 billion valuation, and startups like Lyft, Poshmark, fitmob and Uber, which received a $17 billion valuation in its last round, are gaining traction while consumers benefit from lower prices, higher quality, and unprecedented convenience. But this model doesn’t work for every industry. From my years investing in and running companies in the sharing economy, I’ve noted several necessary ingredients for a company built on this model to succeed: No Pain … Sharing economy models work great when there is a high degree of consumer pain. As the saying goes, “if it ain’t broke, don’t fix it.” In a lot of markets, consumers are happy with the status quo, and it will be hard to get user adoption. A good example of this is Cherry, which started as an on-demand car-washing service. There wasn’t a high enough pain point and frequency for the consumer to change their...

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How The Digital Revolution Can Fix Scientific Publishing And Speed Up Discoveries

Editor’s note: Daniel Marovitz is CEO of Faculty of 1000. Prior to that, he was the CEO and co-founder of buzzumi, a cloud, enterprise software company. Scientific, Technical, and Medical (STM) publishing is big business. It generates $19 billion in revenue per year, the majority of which is earned by a few powerful publishers that enjoy profit margins of up to 40 percent. Inflated subscriptions sold to academic libraries keep them moving ahead because the librarians feel they have no choice but to buy. These companies add little value to the actual publishing product but they are entrenched. Many forces are now at work to change the status quo which has existed for more than 100 years. The primitive publishing model employed by these publishers is actually a detriment to science. Research paid for by taxpayers is often restricted behind pay walls, major breakthroughs that could potentially save lives languish in articles whose publication is delayed for no reason. In some cases, published findings that have passed a traditional peer review process are subsequently found to be fraudulent.   Performed behind a smokescreen of anonymity, these publishers are the master puppeteers pulling the strings of scientific research to no one’s benefit but their own. The issue is that science publishing is not an esoteric academic silo with no impact on the world. Scientific findings ultimately affect every human being on the planet. Something...

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Alienware Introduces New Area-51 Gaming Desktop

2014 seems as good a time as any for a return to the spotlight, and here we find Alienware following suit with the introduction of its latest model. The Area-51 arrives in a timely manner ahead of a rather bountiful game release season, initially teased back in June during the E3 conference. Upon closer inspection, the radically-designed desktop is actually intended as a sequel to the brand’s original flagship desktop – although of course features several improvements. The Area-51 maxes out at 32 GB out of the box, three graphics cards slots, and built-in liquid cooling functions. While details on this release are still relatively quiet, look for the Area-51 to drop from Alienware sooner than later. Article source:...

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A Look Inside a Car Enthusiast’s $4 Million USD Mansion

Purveyors of fine automobiles are also often a tad eccentric, sparing little expense in an effort to surround themselves with cars. Here we turn our attention to West Bellevue, Washington, where one particular car enthusiast gives new meaning to “living the dream.” With a long, rolling lawn playing the drumroll to the home, the very entrance to the house plays the role of a garage. Underneath the house’s (relatively) mere two bedrooms and three bathrooms, the home also hosts 20 cars inside its custom-made garage. The home is currently valued at $4 Million USD, but we get the feeling that if the cars were taken into account on the estate, that number could easily triple. For now, enjoy the opulence with the photo set above. Article source:...

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