We’ve seen all the Android-powered smartwatches and they have been great but one thing all iOS users have been asking is, what about us? Well, that question has received about half a million answers on Kickstarter, and they all say yes.
A new project on the funding website that seeks to raise funds to roll out an iPhone-compliant smartwatch dubbed the Pebble has raised over $500,000 in the first day of its pitch.
The Pebble, which allows the user to use the gadget as a standard watch but …

Pentagon Offers $2 Million Prize In Competition to Create Life-saving Robots / image via DARPA

The US Defense Department is offering a $2 million prize for the winning developer of next-generation robots capable of saving lives in disaster events.
The BBC Wednesday said the Pentagon’s advanced research laboratory or DARPA is opening the competition starting October, with the $2 million prize going to the creator of robots that can adapt to the requirements of disaster scenarios, and capable …

Yahoo! CEO Discloses Reorganization Details for Troubled Internet Pioneer / image via USA Today

Fast and forward are the keywords describing some of the details of the reorganization announced Tuesday by Yahoo CEO Scott Thompson, even as the pioneering Internet company struggles to maintain its financial equilibrium in the face of sharp competition, particularly from emerging giants in the online business environment.
The Associated Press said Wednesday that the new structure for Yahoo, …

The news is out and social networking giant Facebook has purchased rockstar startup Instagram  for a whopping $1 billion dollars in both cash and stock. This news may have overshadowed another transaction that went down rather quietly but has larger ramifications than the purchase of Instagram. Microsoft bid for and won 800 AOL patents that have a lot to do with the Internet and browsing in general. The auction saw Microsoft make away with the patents for a similarly colossal amount of $1 …

Start ups think Facebook needs e-commerce to further increase profits (Image: Thos003 (CC) via Flickr)

Several start-ups in e-commerce say that Facebook has the capacity to be an e-commerce giant to equal that of, if not succeed, eBay and Amazon.
Facebook, the largest social networking site in the world with currently over 800 million members and expected to reach a billion members by August, just recently released its IPO at $5 billion.
As such, Wall Street is expecting the company to look …

Time Inc's Chief Digital Officer showing off HP TouchPad. (Image: Robert Scoble, via Flickr / CC)

Five leading publishers in United States has collaborated in a business project and launched a digital newsstand, which includes 32 magazines such as Elle, Sports Illustrated and The New Yorker, for tablet computers.
For the launch, Next Issue Media offers a subscription plan for all 32 magazines that are accessible in the newsstand as of the moment. Next Issue Media plans to have up to 75 …

“Grooveshark was recently forced to make the difficult decision to part ways with EMI due to EMI’s currently unsustainable streaming rates and EMI’s pending merger with Universal Music Group, which we consider monopolistic and in violation of antitrust laws. To date, Grooveshark has paid over $2.6 million to EMI, but we have yet to find sustainable streaming rates.”
That was a statement from Grooveshark confirming that EMI, one of the largest music vendors in the world, had …

In what is becoming a trend in Silicon Valley, another startup founder has stepped down from active duty in the startup he helped found.
This time it is Pinterest co-founder, former CEO and president Paul Sciarra. Pinterest, which he helped found together with co-founder Ben Silbermann more than three years ago, has seen tremendous growth over the last few months.
The website, which allows users to create and share virtual picture boards, suddenly caught fire a few months ago and moved …

Entrepreneurs have an uncanny way of seeing opportunity where there previously was thought to be none. That is what the guys at SoFi realized when they saw the huge untapped potential of university alumni in playing a role in funding the students in the institutions they went through. The startup has created a social lending service where alumni can go back to the institutions they graduated from and invest money in the student loan kitty.
This is how it works. When an alumnus invests the …

IBM is working in partnership with the Dutch space agency ASTRON to pull data from the universe and peer into what could be the beginnings of the universe. The project, which uses radio waves to peer into the furthest reaches of the universe, will attempt to pull in as much data as possible using a radio telescope and then process that data using superior processing capabilities to draw some insights into the origins of the universe.
Now, that is the simple definition of the project, which will …