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	<title>closing &#8211; EFR Technology Group</title>
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	<title>closing &#8211; EFR Technology Group</title>
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		<title>Google shutters Bulletin, its hyperlocal news experiment</title>
		<link>https://www.efrtechgroup.com/tech/google-shutters-bulletin-its-hyperlocal-news-experiment/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Thu, 26 Sep 2019 18:36:00 +0000</pubDate>
				<category><![CDATA[app]]></category>
		<category><![CDATA[bulletin]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[closing]]></category>
		<category><![CDATA[gear]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[google news initiative]]></category>
		<category><![CDATA[hyperlocal]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[journalism]]></category>
		<category><![CDATA[local news]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[pilot]]></category>
		<category><![CDATA[reporting]]></category>
		<category><![CDATA[shutting down]]></category>
		<category><![CDATA[Tech]]></category>
		<guid isPermaLink="false">https://www.efrtechgroup.com/google-shutters-bulletin-its-hyperlocal-news-experiment/</guid>

					<description><![CDATA[[ad_1] Google is ending its hyperlocal news experiment Bulletin. Similar to Nextdoor, Bulletin was a blog-like service that allowed users to post stories with video and photo content to the app. People nearby could see those posts, and they could appear in Google Search. The service launched as a pilot in 2018, and now, Google [&#8230;]]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
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<p>Google is ending its hyperlocal news experiment Bulletin. Similar to Nextdoor, <a href="https://www.engadget.com/2018/01/26/google-bulletin-hyperlocal-news-updates/">Bulletin</a> was a blog-like service that allowed users to post stories with video and photo content to the app. People nearby could see those posts, and they could appear in Google Search. The service launched as a pilot in 2018, and now, Google is shutting it down.</p>
</p></div>
<p>[ad_2]<br />
<br /><a href="https://www.engadget.com/2019/09/26/google-bulletin-shuts-down-news-app/">Source link </a></p>
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		<title>Another AR headset startup closes its doors</title>
		<link>https://www.efrtechgroup.com/tech/another-ar-headset-startup-closes-its-doors/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Fri, 13 Sep 2019 16:39:00 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[Ar]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[Augmented Reality]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[closing]]></category>
		<category><![CDATA[daqri]]></category>
		<category><![CDATA[gadgetry]]></category>
		<category><![CDATA[Gadgets]]></category>
		<category><![CDATA[gear]]></category>
		<category><![CDATA[hardware]]></category>
		<category><![CDATA[headset]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[selling]]></category>
		<category><![CDATA[startup]]></category>
		<category><![CDATA[Tech]]></category>
		<guid isPermaLink="false">https://www.efrtechgroup.com/another-ar-headset-startup-closes-its-doors/</guid>

					<description><![CDATA[[ad_1] At one point, the Wall Street Journal reported that Daqri had raised as much as $275 million in funding. But according to TechCrunch, investors have caught on to the technical difficulties of creating AR headsets and are less interested in funding AR startups. Earlier this year, the AR headset startup Meta, which had raised [&#8230;]]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
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<p>At one point, the <a href="https://blogs.wsj.com/cio/2017/07/31/siemens-expands-testing-of-augmented-reality-helmet/"><em>Wall Street Journal</em> reported</a> that Daqri had raised as much as $275 million in funding. But according to <em>TechCrunch</em>, investors have caught on to the technical difficulties of creating AR headsets and are less interested in funding AR startups. Earlier this year, the <a href="https://www.engadget.com/2019/01/18/meta-ar-sold-off/">AR headset startup Meta</a>, which had raised $73 million from venture capitalists, sold its assets to an unknown buyer. The startup <a href="https://www.engadget.com/2017/01/03/odg-r-8-r9-mixed-reality-smartglasses-snapdragon-835/">Osterhout Design Group</a> seemed to be off to a good start and was working with <a href="https://www.engadget.com/2018/04/12/fedex-using-smart-glasses-in-aircraft/">big-name partners</a>, but it quickly burned through $58 million in funding. Last we heard, it was <a href="https://techcrunch.com/2019/01/10/an-ar-glasses-pioneer-collapses/">selling off its patents</a>.</p>
<p>Major players like <a href="https://www.engadget.com/2018/11/29/us-army-480-million-microsoft-hololens-contract/">Microsoft</a> and <a href="https://www.engadget.com/2019/05/13/lenovo-thinkreality-ar-vr-headset-hololens-2/">Lenovo</a> have shifted their focus to enterprise customers, and <a href="https://www.engadget.com/2019/05/29/qualcomm-smart-viewer-reference-headset/">Qualcomm made a headset</a> to remind people that it has an AR chip. Code from <a href="https://www.engadget.com/2019/09/10/ios-13-apple-ar/">iOS 13 confirms</a> that Apple is testing an AR headset, but even Apple has kept quiet about those plans. It&#8217;s clear that developing AR hardware isn&#8217;t easy, and with two of the leading startups closing their doors, it may be up to bigger companies, like Apple, Micorosoft of Lenovo, to lead the way.</p>
</p></div>
<p>[ad_2]<br />
<br /><a href="https://www.engadget.com/2019/09/13/daqri-ar-headset-startup-closing/">Source link </a></p>
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		<item>
		<title>Anki is closing the doors on its toy robot business</title>
		<link>https://www.efrtechgroup.com/tech/anki-is-closing-the-doors-on-its-toy-robot-business/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Mon, 29 Apr 2019 22:11:00 +0000</pubDate>
				<category><![CDATA[anki]]></category>
		<category><![CDATA[boris sofman]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[closing]]></category>
		<category><![CDATA[cosmo]]></category>
		<category><![CDATA[gadgetry]]></category>
		<category><![CDATA[Gadgets]]></category>
		<category><![CDATA[gear]]></category>
		<category><![CDATA[robotics]]></category>
		<category><![CDATA[Robots]]></category>
		<category><![CDATA[startup]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[vector]]></category>
		<category><![CDATA[venture capital]]></category>
		<guid isPermaLink="false">https://www.efrtechgroup.com/anki-is-closing-the-doors-on-its-toy-robot-business/</guid>

					<description><![CDATA[[ad_1] The news comes as a surprise, given that things seemed to be going well for Anki. Since its launch in 2010, the startup has raised more than $200 million in venture capital. Its main products Cozmo and Vector seemed to be successes. Vector launched last fall after a $2 million Kickstarter campaign, and most [&#8230;]]]></description>
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<p>The news comes as a surprise, given that things seemed to be going well for Anki. Since its launch in 2010, the startup has raised more than $200 million in venture capital. Its main products <a href="https://www.engadget.com/2017/09/12/anki-cozmo-needs-global-debut/">Cozmo</a> and <a href="https://www.engadget.com/2018/08/08/anki-vector-robot/">Vector</a> seemed to be successes. Vector launched last fall after a <a href="https://www.engadget.com/2018/10/15/anki-vector-robot-companion-available-today/">$2 million Kickstarter</a> campaign, and most recently, it received <a href="https://www.engadget.com/2018/12/14/anki-vector-robot-alexa-integration/">Alexa integration</a>. And Cozmo has been credited with <a href="https://www.engadget.com/2017/06/26/anki-cozmo-code-lab/">teaching kids to code</a>. The only shadow of a doubt seemed to be that the devices appeared <a href="https://www.engadget.com/2018/12/07/best-toys-coding-kits-gifts/">more like toys</a> than the advanced, AI-based robots that they were. Still, Microsoft, Amazon and Comcast had reportedly expressed interest in acquiring the company.</p>
<p>Anki told Engadget it pursued every financial avenue to fund its future product development and that management continues to explore all options available. In the meantime, employees will receive one week of severance pay, and we may have to bid farewell to the robot pals that had a kind of Pixar-like spunk and wit.</p>
<p>You can read Anki&#8217;s full statement below:</p>
<blockquote>
<p><small>It is with a heavy heart to announce that Anki will be letting go of our employees, effective Wednesday. We&#8217;ve shipped millions of units of product and left customers happy all over the world while building some of the most incredible technologies pointed toward a future with diverse AI and robotics driven applications. But without significant funding to support a hardware and software business and bridge to our long-term product roadmap, it is simply not feasible at this time. Despite our past successes, we pursued every financial avenue to fund our future product development and expand on our platforms. A significant financial deal at a late stage fell through with a strategic investor and we were not able to reach an agreement. We&#8217;re doing our best to take care of every single employee and their families, and our management team continues to explore all options available.</small></p>
</blockquote></div>
<p>[ad_2]<br />
<br /><a href="https://www.engadget.com/2019/04/29/anki-robotic-toy-startup-closing/">Source link </a></p>
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