The Kickstarter community has funded many innovations in the past few years.
The Pebble smartwatch raised $10.3m in 2012, shooting the starting gun on the wearables trend that Apple is about to leap into. The Oculus Rift virtual reality headset raised $2.4m, only to be acquired by Facebook for $2bn two years later. SmartThings raised $1.2m for its first connected-home kit before being snapped up by Samsung. New ideas like Hello’s Sense sleep-monitoring device just keep coming.
But one crowd-funded gadget this week emerged to trump them all. After two years at the top, Pebble has lost its crown as the most-funded Kickstarter of all time. And it has lost it to… a freezer box. Read more
If you thought flying a Flappy Bird was fiendish, just wait until you try swooping Swing Copters. So say new addicts of the latest free app from cult Vietnamese developer Dong Nguyen, who this week overcame his famous revulsion at his previous creation to release what looks like another hit.
Droves of instant Swing Copters devotees took to Twitter Friday to bemoan how guiding the propeller-headed hero through a landscape of deadly swinging obstacles was even closer to impossible than navigating Flappy Bird’s famously exasperating arrays of killer pipes. Read more
By Matthew Garrahan, FT global media editor
Thomas Lesinski, the former head of digital production at Paramount Pictures, has launched a new company to produce content for television and online channels, striking a deal with Legendary Entertainment, which will have first option to release its programming. Read more
Amazon founder Jeff Bezos is among the new investors in Lookout, a San Francisco-based mobile security company that just pulled in the largest fundraising by a cyber security company so far this year.
As Amazon promised to be “relentless” in its pursuit of selling everything, Bezos appears to being equally eager to make personal investments in almost every industry. Here are some – but not all – of the investments he has made through his vehicle Bezos Expeditions.
Media: Bezos’ most high profile recent investment was his purchase of the Washington Post, the DC-based newspaper renowned for its role in breaking the news of the Watergate scandal. But he has fingers in other media pies too: in 2013, he took a stake in Business Insider, the loud mouthed financial news site fond of slideshows, and back in 2008 he invested in Twitter, the social media site beloved by journalists. He also has investments in Vessel, a video platform, and Next Door, a social network for neighbours. Read more
Venezuela might have the mannequins with the world’s biggest breasts, but Britain now has the most tech-savvy models gracing its store windows and shop floors.
This week three UK retailers launched the world’s first mannequins embedded with so-called iBeacons – little Bluetooth transmitters that can send alerts to smartphones in the vicinity, offering details about the clothes such as how to buy them online and where to find them in store. Read more
The start-ups that took on the taxi industry are eyeing a new target: public transport.
The past 24 hours have seen Uber, Lyft and Sidecar all launch a new twist on their popular ride-sharing model: carpooling. The three San Francisco companies are letting some customers opt to share a ride with a perfect stranger going along the same route at the same time, for up to half the price of a solo journey. Read more
Fuseproject, the San Francisco design agency led by Yves Béhar, has agreed to sell a majority stake to China’s fast-growing marketing group BlueFocus.
Mr Béhar – whose designs can be seen in products from Jawbone, Puma and One Laptop Per Child – sat down with the FT to talk about the deal, the company he founded in 1999 and what happens next. The transcript has been edited for length. Read more
After the market closes on Tuesday, Apple releases its third quarter earnings for the three months to the end of June. Its stock price has risen by more than 20 per cent since it beat forecasts with its last quarterly numbers, taking it close to its-all time high. Can Apple repeat the trick in what are likely to be the last results before the next iPhones arrive, and push its stock to $100?
Here’s what Wall Street is looking for this quarter: Read more