Technology

3 awesome startups that failed

First-mover advantages are overrated. Look at Microsoft. Bill Gates was prescient, and they were onto the cloud, internet of things, and smartwatches since the early-2000s. But Gates’ prophetic touch did not translate to groundbreaking success in those areas Instead, Google dominates the cloud, the internet of things is still nascent, and Apple is the frontrunner…

Teens are downloading Jott like crazy

If you haven’t heard of Jott, go ask a teenager. A white-hot new app for instant messaging, Jott has nearly 500,000 monthly users and one million app installs after just three months on the market. You might think there’s no need for yet another messaging app. But, Jared Allgood, CEO and co-founder of Jott, said…

Faced with heightened competition, Spotify adds video streaming

Global music-streaming leader Spotify is adding video and customizable features to draw in more users and ad revenue as competitors such as Jay-Z’s high-fidelity Tidal and a rumoured forthcoming streaming product from Apple Inc. threaten to steal its market share. The service is revising its user experience, doubling down on mobile and adding numerous features…