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February, 2017

China’s newest source of on-demand hype, rental bicycles, gets its first unicorn

A bike sprocket cut out of titanium There can be no hype without a unicorn. China’s newest startup money pit — bicycle rentals on-demand — now has its first billion-dollar valued company.
The industry has sucked in more than $300 million from investors this year alone — that’s counting just one company — and now Ofo has become the first in the space to reach the much-coveted $1 billion… Read More

A Snapchat drone?! Here’s what we know

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Snap Inc. has been playing with dronesThe New York Times reported Tuesday that the company has worked on building its own drones, citing three people “briefed on the project who asked to remain anonymous because the details are confidential.”

The piece doesn’t get into details, but the premise is intriguing — and not at all surprising for a company that defines itself as a “camera company” in its own mission. 

“Snap is a camera company. We feel like we’re really at the beginning of what cameras can do, evolve from being just a piece of hardware to software connected to the internet,” Snap CEO Evan Spiegel said in a 35-minute video released about the company ahead of its initial public offering. Read more…

More about Evan Spiegel, Tech, Drones, Snapchat, and Business

Get free flights to New Zealand, y’all. But only if you accept a job interview

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If you’re working in the tech world, New Zealand wants YOU. Specifically, the city of Wellington — self-titled tech and innovation capital of the South Pacific. 

A program called Looksee Wellington is giving 100 people free flights and accommodation to check out the city for a week. But there’s a catch. 

The city is yours to visit and explore, but you’ll also need to commit to pre-arranged job interviews with tech companies in the area.

The city is home to companies like accounting software group Xero and Weta Digital, who did the visual effects in Avatar and Lord of the Rings. Read more…

More about Recruitment, New Zealand, Australia, Watercooler, and Australia