Snap Launches an Accelerator Program With Focus on Mobile

Snap Inc. is launching an accelerator named “Yellow” with hopes of finding the next big media business. This fall, the accelerator will invest $150,000 in 10 startups or creators looking to develop media projects for mobile devices. Snap plans to take a small equity stake in those selected to receive the funding. The startups will also get mentorship from Snap execs, access to professional networking events, the opportunity to distribute content on Snapchat, and office space in Venice, California where Snap is based. CEO Evan Spiegel is expected to be involved in mentorship and the selection process. Continue reading Snap Launches an Accelerator Program With Focus on Mobile

CES Offers Global Look at How to Compete in Tech Innovation

HRH Prince Constantijn of the Netherlands, Business France’s Pascal Cagni, and IBM Global Technology Services CTO Bridget Karlin discussed how countries and companies around the world leverage capital, talent and the markets to gain an edge in today’s global innovations. In a conversation at CES 2018 led by Time Inc. chief content officer Alan Murray, both Europeans were quizzed on how their countries create an entrepreneurial culture. Prince Constantijn pointed to his country’s focus on tech education and open migration policies. Continue reading CES Offers Global Look at How to Compete in Tech Innovation

Google’s Self-Driving Car Faces New California DMV Rules

California’s DMV requires — in new rules which will take effect September 16 — that, when necessary, a driver must be able to take “immediate physical control” of any vehicle on public roads. This process has traditionally involved a steering wheel and brake and accelerator pedals, which could be a setback for Google’s self-driving car, that does not include these parts. While Google said that it will add them for testing purposes, it is unclear what the company will do in the future. Continue reading Google’s Self-Driving Car Faces New California DMV Rules

Disney Partners with Techstars to Launch Accelerator Program

The Walt Disney Company has announced a partnership with Techstars to launch an accelerator program that will help 10 startups get off the ground, while potentially providing the media giant insight into new innovation and creativity. Disney Accelerator plans to invest $120,000 in each startup, and provide them with the opportunity to work with Disney for three months starting in June (the application deadline is April 16). At the end of the program, Disney and Techstars may take a stake in one or more of the startups. Continue reading Disney Partners with Techstars to Launch Accelerator Program