American Startup wants disrupt traditional insurance models using smart tech

Mobile technology continues to smart its way into every service available, Insurance insutry is yet to be disrupted. The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a car, or a place to stay. Now, technology start-ups are targeting the next business frontier – insurance – offering coverage with the swipe of an app. Trov, a San Francisco Bay Area firm that provides smartphone-based on-demand insurance for individual assets, like computers or cameras, for any duration, launched in the UK…

Zuckerberg “deeply disappointed” by the Internet.org, SpaceX Falcon 9 rocket explosion

Earlier today, a SpaceX Falcon 9 rocket exploded on the launch pad for no apparent reason. While we’re still trying to learn more about what happened, we already know that the company was doing a test, and an anomaly created a big mess. Fortunately, all personnel were clear of the launch pad. But this incident is going to affect Facebook’s Internet.org effort in a significant way as a satellite was also destroyed in the process. While insurance companies are going to pay out for today’s failure, the SpaceX rocket was…

QnA: Five critical questions, How industry experts view development of Internet of Things

Google

How do industry experts view the development of the Internet of Things, and what would they change? The Internet of Things (IoT) is evolving rapidly. In these short videos, McKinsey’s Michael Chui poses five critical questions about its development to experts ranging from MIT Media Lab director Joi Ito to Google’s Advanced Technology and Projects group deputy director Dan Kaufman to Cloudera cofounder and chief strategy officer Mike Olson to O’Reilly Media founder and chief executive officer Tim O’Reilly. An extended and edited transcript of their comments about the development…

Here the 10 biggest 2016 startup opportunities

Mobile Apps

The year 2015 was all about drones, virtual reality, 3D printing, and the Internet of Things (IoT). This year, venture capitalists and industry observers say the tech world should expect more of the same. “Most hot startups in 2016 won’t be trying to lead revolutions or usher in whole new industries,” says Igor Shoifot, an investment partner with TMT Investments. “Instead, they’ll be enhancing existing technologies, products, services, or transactional ecosystems by saving users time, money, effort, and helping them make better choices more easily.” However, according to CIO, the…