Posts Tagged ‘company’
MakerBot Patents An Automatic Filament Switching System While Parent Company Stratasys Enjoys A Financial Bump
A MakerBot patent shows that the company is working on a dual-filament solution that can change print colors on the fly. By leading the filaments through the heated extruder using a sort of “slider” system, the patent suggests that future MakerBots should be able to change colors mid-print, a vast improvement over current dual-color solutions. Current dual-filament solutions use two… Read More
If you want a hint of what might be on the horizon at Apple, look to Google – or at least look to its Project Tango experimental 3D depth-sensing smartphone. Tango got a teardown just the other day, and later on iFixit determined that one of its key components comes from what is now an Apple subsidiary (via 9to5Google), thanks to a deal that wrapped up last November. PrimeSense, which is the… Read More
The Oculus Rift and its creator Oculus VR have been purchased by Facebook, and that’s causing some, including Minecraft developer Mojang, to reconsider their projects for the platform. But others are doubling down on their Oculus investment, including Technology Transfer Services (TTS), a company that designs training software for workforce education. Read More
Apple buys 3D company that helped make Kinect Apple has bought a 3-D-sensor company that helped build Microsoft’s motion-control system Kinect, stirring curi…
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A few weeks ago, a group of game developers launched Candy Jam in protest of Candy Crush maker King’s attempt to trademark ‘candy.’ The result? A barrage of rage inspired confectionary-themed titles were submitted to Apple’s App Store. Well, it seems…
Bitcoin, the virtual currency that approximates cash on the internet, has been around for five years now, and its popularity has soared. But although its reach has spread beyond the initial circle of very technical, very insider-y circle of cryptographers and programmers, its audience is still largely restricted to people who are at least a little bit nerdy. Ask any Bitcoin enthusiast what’s the biggest obstacle to the currency becoming mainstream, and they’ll tell you the same thing: it’s hard to use.
When we began our planning we initially invited 15 finalists from 11 countries onto our TC Hardware Battlefield stage. One company couldn’t make it. They were PlayFresco, a team of engineers and hobbyists working on some amazing wireless motion interaction technology. Sadly, they couldn’t get a visa to the U.S., forcing them to drop out of our compeition.
Created by Feras Abed-Alhaq, Monier Aghbar, and Sudqey Dwikat, the system allows you to add motion control to any laptop without visible tracking hardware. Kids can use any round object as a steering wheel, for example, and you can wave things in front of the computer to use them as pointers. Like Leap Motion it can sense your hands in space next to and around a computer but unlike Leap it uses magnetic fields to sense objects and body parts.
The company has secured $ 130,000 in funding from Michal Zalesak of the Czech ICT Alliance. Not surprisingly, it’s been a hard road for their startup, but things seem to be looking up.
“Unfortunately in Palstine electronics are really hard to get and the electronics and equipments that are available are really limited,” said Abed-Alhaq. “Our first prototype was made from paper and was huge and we made it literally from scratch.”
The group were inspired by watching children play with toys. Abed-Alhaq saw his little brother playing with a duct tape roll, pretending to drive a car.
“We did hundreds of experiments, hundreds of prototypes to do such a thing that could detect our bodies and how they move, and after we mastered this technology we thought that PlayFresco device can introduce a natural way to enjoy and play with what ever everyday object you hold in your hand,” he said.
The system sits underneath your table and senses your hands above with some accuracy. The team showed us their product in Europe a few months ago and they were ready to launch on stage at Hardware Battlefield. That’s been put on hold, but they’re still hard at work on the device.
“PlayFresco is a perfect example of true innovation with passionate and hard-working CEO, representing the emerging culture of new start-up Palestinian entrepreneurs, who focus on new technologies and business and don’t mix with politics in the region,” said lead funder Zalesak.
The team is working on a desktop system now but is planning a version for cellphones and tablets. They’re also looking into using Bluetooth to add motion control to almost any device. They didn’t make it to our stage this year but there’s always next year.
Listen, as excited as I was to be turned into a Star Trek character, my heart has always belonged in a galaxy far, far away. So, naturally, I’m a bit excited by this morning’s news that the latest company to be vacuumed up by 3D Systems is a modeling …
BlackBerry founder Mike Lazaridis has severely reduced his ownership stake in the company, according to a report in The Wall Street Journal. The information comes from a regulatory filing made public on Tuesday, in which Laziridis said he won’t pursue a bid to buy the company, and as a result had cut his stake to roughly 4.99 percent of the ailing Canadian smartphone maker.
The writing has been on the walls for awhile, but now the scrawlings read true: Fisker Automotive has filed for Chapter 11 bankruptcy. For almost a year, the company’s been sliding down a slope of financial ruin. Production was halted, workers were furloughed, then laid off and the Department of Energy even seized $ 21 million from the company after becoming concerned it wouldn’t be able to pay of its $ 192 million federal loan.
The bankruptcy filing will help facilitate the company’s sale to Hybrid Technology, an investor group that has agreed to buy the remainder of the DOE’s original loan, now valued at $ 25 million. Hybrid says the deal is the first step to putting the Karma back into production (and back on the market), but notes that it still has a lot of work to do. “As we continue to examine Fisker’s opportunities, we will be making decisions about the structure and footprint of the new business,” a Hybrid spokeswoman told the Reuters. It’ll likely take some time for the hybrid sports sedan to make it back to the showroom. Hopefully, it’ll give the firm time to work out some of the original Karma’s faults.
Filed under: Transportation