Tired of having your wallet crammed with dozens of old cards? Thanks to the success of a recent study of consumer use, we all may soon be seeing more implementation of NFC (Near Field Communication) in our daily lives. NFCs enable a wireless transfer of information to a nearby enabled hub from personal devices like cell phones. The range is around 4 inches and is ideal for mobile ticketing. Transport for London started trying this ...

Starbucks is calling this a “transition year.” Kind of like the year of 7th grade: lots of tears, lots of lies.

Google’s to do list: Organize the world’s information? Check. Cloud based software, free email? Check. Solve the world’s energy problem? Check. Google.org, the philanthropic arm of the search giant has invested $10.35 million in a revolutionary new geothermal energy technology. It’s called Enhanced Geothermal Systems, and it’s reported that the system could generate thousands of times the yearly amount of energy needed to run the US (and beyond). Clusterstock reports: EGS expands the potential of ...

Can you bear the recent market downturn?

When I am fly fishing, I go out with a plan and as I start fishing, I usually soon find I must deviate from what I expected to do. Sometimes the fish are keyed on a specific insect hatching that I did not expect to see at that time of day in that place on the water. Or I might spot a large fish in a location I did not anticipate. And quite often the ...

On our recent trip to the San Francisco, PSFK met with some Bay Area-based young entrepreneurs and spoke with them about the innovative companies and applications they’re creating. Over the next few weeks, we’ll present some of the inspiration shared by the eclectic group of creators and innovators. The first in our series is Ramit Sethi. Four years ago, after investing [and loosing] his scholarship money in the stock market while in college, Ramit launched ...

The Five Dollar Comparison aims to show how far you can get with a crisp Lincoln - a length that varies drastically depending on where you are. The site features user-submitted photos of things around the world that can be bought for five US dollars, ranging from a feature film at a theater in Lima, to a gallon of gas somewhere off the Highway 101 in California. It wasn’t until we dug around the site ...

Does your startup need a seed round or is it ready for IPO? Those are either the A or the E rounds. Like two balls on the end of a rod, they are large and the rod is skinny. Seed rounds are in, mezzanine rounds are doable, the rest in between are hard. Valuations are very low. Investors are reluctant to reach for their checkbooks.This has occured often in startup history. I've seen it in ...