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Startups

Lambda Labs readying Google Glass face-recognition API

Amid questions to Google from Congress about privacy concerns related to Google Glass, a San Francisco startup is preparing an API to recognize faces with the controversial gadget.

The Google Glass Face Recognition API (application programming interface) from Lambda Labs will be available to developers within a week, TechCrunch tells us, quoting co-founder Stephen Balaban. … Read more

High-tech rifles let novices hit moving targets at long ranges

While 3D-printed guns have been grabbing most of the headlines lately, other types of firearms that make use of new technology are also hitting the scene.

TrackingPoint, a startup based in Austin, Texas, just began selling some of the most high-tech long-range shooting rifles available in the world -- they use 3D graphics, laser technology, and Wi-Fi, and allow users to live stream their exploits and post photos to social media and on personal devices.

"TrackingPoint introduces the world's first precision guided firearm -- the revolutionary new long-range shooting system that puts jet-fighter lock and launch technology in … Read more

Leap Motion shows off Windows compatibility

Windows users, rejoice! Leap Motion is coming to a PC near you, and for the first time, you can see what it will be like.

Today, Leap Motion released a video showing what its 3D gesture-control system will be like on a Windows computer. That's important, given that it has struck partnerships with Asus and Hewlett-Packard.

With Leap and Windows, the company said in a blog post, "You'll be able to browse the Web and interact with your computer just by moving your hands and fingers in the air. With Leap Motion technology and Windows, you can … Read more

Yahoo confirms $1.1B Tumblr buy, promises 'not to screw it up'

Microblogging service Tumblr is being acquired by Yahoo.

Yahoo announced the deal early Monday, along with a "promise not to screw it up." The Internet pioneer is paying $1.1 billion for Tumblr, "substantially all of which is payable in cash," Yahoo said.

The news had been expected. The Wall Street Journal reported Sunday that the Yahoo board had approved the deal.

Under the terms of the deal, Yahoo will allow Tumblr, which has over 300 million monthly unique visitors, to operate as a completely separate entity that retains "the same Tumblr irreverence, wit, and … Read more

Meta glasses bring 3D and your hands into the picture

Meron Gribetz and Ben Sand just rolled into Silicon Valley from New York, landing at Paul Graham's Y Combinator startup incubator with some angel money in their pockets and the bold conviction that they can deliver the next major technology transformation.

Their startup, Meta, is developing wearable computing eyewear, but unlike Google Glass enters 3D space and uses your hands to interact with the virtual world. The Meta system includes stereoscopic 3D glasses, supplied by Epson, and a 3D camera to track hand movements, similar to the portrayals of gestural control in movies like "Minority Report" and &… Read more

Allure Energy latest to file infringement suit against Nest

Allure Energy sued Nest Labs yesterday, claiming that the company's much-celebrated Nest Learning Thermostat infringed on its patent.

Filing the suit in the United States District Court for the Eastern District of Texas, the Austin, Texas-based Allure alleged that its patent for the invention of an "Auto-adaptable energy management apparatus" trumped Nest's right to develop, market, and sell a smart thermostat.

Allure said it first began designing its product, which is known as EverSense, in 2009, and filed it patent application in 2010. The company said in a release that it also got a patent for &… Read more

Andreessen Horowitz raises funding for drone software

Andreessen Horowitz, one of the most prominent Silicon Valley investors, is leading an investment round in a company that's developing software for the commercial use of drones.

Called Airware, the Newport Beach, Calif., company provides several different platforms and tools for companies that want to invest in unmanned aerial systems (UAS), otherwise known as drones. Andreessen Horowitz led the funding round in the drone company, which raised $10.7 million. Google Ventures also participated in the round, according to All Things Digital, which was first to report on the news.

The key difference between Airware and the drones we … Read more

Peter Thiel leads $6M funding round for TransferWise

TransferWise, a London-based peer-to-peer currency exchange, announced Monday that it has closed a $6 million Series A funding round led by PayPal co-founder Peter Thiel's Valar Ventures.

The investment in the company, which seeks to use the Internet to make it easier to transfer funds among currencies, marks Valar Ventures' first foray into Europe. Thiel, who was Facebook's first outside investor, was joined in the round by SV Angel and previous investors IA Ventures, Index, Seedcamp, and early stage investment firm TAG.

Coupled with a previous seed round, the recent investment brings TransferWise's funds raised to $7.… Read more

Your very own drone, to follow you home

Imagine carving your way down a particularly challenging slope, your skis kicking up clouds of snow, trees flying by, your death-defying stunts captured perfectly on camera. And you're all by yourself.

How would you pull off such a feat?

Short of those with a film crew on hand, or at least a buddy with a GoPro camera tracking your every move, it's hard to imagine it being possible at all, let alone while you're alone.

But you may not have to imagine it for long.

Next week, a startup called Universal Air will finish shipping out its … Read more

Nokia to invest in array camera start-up Pelican Imaging

Nokia's VC arm, Nokia Growth Partners, is set to invest in an imaging start-up.

According to Bloomberg, Nokia Growth Partners plans to put funds into array camera company Pelican Imaging. Based in Mountain View, Calif., Pelican Imaging created its first array camera for smartphones in 2011. Rather than using a single lens, array cameras are made up of a series of lenses and build up a picture from the images taken by each. As well as being thinner than a traditional smartphone camera, arrays open up the possibility of post-capture focusing -- similar to what Lytro does with traditional … Read more