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Tag: internet of things

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‘Internet of Things’ is Exploding Across California

The “Internet of Things” (IoT) incorporates a dynamic array of technologies that mobilize sensors to monitor environmental conditions and radio-frequency identification RFID tags to facilitate objects interacting with users. California, with its high-tech industry, will lead the nation in IoT deployment.

Homejoy Toilet Paper (Cindy Ord / Getty)

Dumb VC: Homejoy Charges $19 an Hour, Loses $12 an Hour

Uber is now valued at almost $51 billion, a valuation that puts the “on-demand mobile service” (ODMS) leader at the level of Facebook in 2011. The company’s fund-raising success has spurred a vast number of “Uber for X” start-ups that are building corporate empires with legions of outsourced contract workers. But the “gig economy” seems to be operating the same money-losing business model as the “Dot-com Bubble.”