A British tech entrepreneur has had his vision backed by a further $20.7m of US money, writes Andrew Bounds. Dan Wagner’s Powa group is developing a “revolutionary” ecommerce system that will allow customers to buy and order a product by photographing it with a smartphone.
PowaTag has attracted $96.5m in total, mainly from Boston-based fund Wellington Management, for around a quarter of the business. Read more
There was little evidence in the products at this week’s Consumer Electronics Show in Las Vegas that the PC industry is finding its way out of its funk, although latest figures on industry sales released overnight show the PC’s decline could be bottoming out.
2013 saw the worst decline in PC market history, according to the Gartner research firm, with shipments down 10 per cent on 2012 at 316m units. Read more
Here’s a much-anticipated feature from Facebook that marketers may love, if not its users.
The online social network has just announced it is beginning to test a video format for advertisers, where videos will begin playing as users scroll down to them in their news feeds. Clicking on them will turn on the sound. Read more
A bitcoin start-up has bagged fresh investment from one of Silicon Valley’s best-known venture capital firms.
Coinbase, which provides online bitcoin accounts, said on Thursday that it secured $25m in a round of fundraising that was led by Andressen Horowitz, writes FastFT. Read more
Shares in Hong Kong-traded Chinese electronics giant Haier are soaring, thanks to Alibaba.
FastFT reports that Haier said earlier Monday it had teamed up with Alibaba to develop its logistics business. Read more
As Japan strives to remain at the technological forefront, why is it that its companies are so averse to the idea of merging? Too many make the same thing yet do not get around to pooling their resources. The FT’s Special Report on Japan’s technology and innovation investigates this phenomenon, while looking at some of the latest in Japanese design, writes Peter Chapman. Read more
Is there any privacy in the afterlife? In the FT this weekend, April Dembosky looks at what happens to personal data after death. Here, she adds a coda on how social media is recycled into memorials – regardless of the wishes of the deceased’s loved ones.
Of the various digital details Jennifer Kwong had to deal with after her fiancé’s death, the mass media’s trawling of social media sites was not one she expected. Read more
For the first time in eight years, almost the entire top management team at Samsung Electronics will present themselves on Wednesday before an audience of about 350 analysts and investors at Seoul’s Shilla Hotel.
The full-day event will feature addresses from eight executives, who will also take questions. Chairman Lee Kun-hee and his son, vice-chairman Jae-yong, will not be on stage – but this represents a rare opportunity for the audience to press senior figures about Samsung’s long-term strategy, writes Simon Mundy.
So what are the key questions surrounding the future of the world’s biggest technology company by sales? Read more
The inventor of the 3D printed gun has trained his sights on Bitcoin, fronting a campaign to keep the virtual currency anonymous and beyond the reach of the authorities, writes Jane Wild.
Cody Wilson’s move hits back at efforts by the Bitcoin trade body, businesses and investors who have been working with officials mainly in the US to press for acceptance of virtual currencies and hasten their integration into mainstream financial systems. Read more
The guardians of the internet have finally unlatched a few gates: four, to be precise.
On Wednesday the Internet Corporation for Assigned Names and Numbers – otherwise known as Icann, the private body that oversees the sprawling architecture of the web – announced that it was opening up four new generic top-level domain names, writes Sally Davies. Read more