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Unicorns are dead? This Aussie IPO is red hot

Apparently, you don't need to be a sexy Silicon Valley unicorn with backing from numerous A-list venture capital firms to be a success on Wall Street. In fact, it might help if you aren't a typical start-up. Atlassian, a cloud software company that was founded in Sydney, Australia, surged 30% in its market debut Thursday. Demand for the offering was strong. Atlassian priced its IPO at $21 -- above its init...

10 Dec 7:01 PM 0 Read More...

Celebrity endorsements: Worth the price?

His client list reads like the Who's Who of Hollywood power players. Chris Aire's jewelry adorns the necks of Angelina Jolie and Halle Berry, and he once crafted a $10 million diamond halter worn by supermodel Naomi Campbell. Known as Hollywood's King of Bling, Nigerian-born Aire's breakthrough moment came in 1997 when the former NBA player Gary Payton bought some of his designs, kicking off years of...

10 Dec 7:00 PM 0 Read More...

This tiny plastic toy just sold for $21,500

This Shopkins Gemma Stone character toy just sold for $21,500. Shopkins, the tiny cute plastic toy characters based on everyday objects, have triggered a global craze. How intense is it? Someone paid $21,500 for just one of the inch-and-a-half toys. The particular figurine is named "Gemma Stone," which was added to the Shopkins cast in February. All the Shopkins characters look like everyday items that kids...

08 Dec 9:51 PM 0 Read More...

BB-8 maker takes its robotic ball to schools

Sphero created a transparent version of its robotic ball called "Sphero SPRK Edition" to let kids see how the technology works. BB-8 put Sphero on the map. The Boulder-based startup invented this year's hottest Star Wars toy: a pint-sized robot called BB-8 that's based on the rolling droid character in the upcoming movie "Star Wars: The Force Awakens." But before BB-8, Sphero was quietly making waves with ano...

05 Dec 3:26 AM 0 Read More...

These ugly Christmas sweaters are worth millions

Mark and Fred Hajjar, cofounders of UglyChristmasSweater.com With less than a month to go before Christmas, 'tis the season to score the ugliest sweater out there. In just a few years, the ugly Christmas sweater trend has evolved from a byproduct of hipster culture to an annual tradition embraced by entire families. "I first noticed it in 2011 when people were having ugly sweater parties at home," said Fred H...

03 Dec 6:24 AM 0 Read More...

How to make Americans care about refugees

As the global refugee crisis escalates, one startup is out to prove that there are plenty of Americans who want to help. New York-based Hive, which launched in 2014, is funded by the United Nations Refugee Agency. Its primary mission is to engage more Americans with the plight of refugees. "The United States is the largest donor of refugee relief. And the U.S. resettles more refugees than any other country,"...

28 Nov 5:58 AM 0 Read More...

10 cool holiday toys

How do you make coding fun for kids? Robots, obviously. Dash and Dot are mini robots that do just that. Dash dances, sings, races around and responds to voice commands. Dot doesn't move, but with an app, kids can code it to become a blinking nightlight, play tug-of-war with Dash and even bark. Toymaker Wonder Workshop created four free apps that kids can use to code new features into the robots. ...

23 Nov 8:28 PM 0 Read More...

Square IPO flops: Unicorns going extinct?

Call it a moral victory for the unicorns. Shares of Square rose 45% Thursday. But it's still a sign of weakness for Silicon Valley's ballyhooed startups. Square (SQ), the mobile payments processing firm run by Twitter (TWTR, Tech30) CEO Jack Dorsey, opened at $11.20 and quickly rose as high as $14.78 before finishing the day a little bit above $13. But Square priced its initial public offering Wedn...

20 Nov 2:08 AM 0 Read More...

Back to the bistro! Paris restaurants try to bounce back

A flower is placed inside a bullet hole in the window of Le Carillon restaurant following terrorist attacks across Paris. French restaurateurs and cafe owners are banding together to get diners back in their doors following Friday's terrorist attacks in Paris. The term #TousAuBistrot -- which roughly translates to "back to the bistro" -- is trending on Twitter (TWTR, Tech30). Restaurant guide Le Fooding is cr...

18 Nov 5:03 AM 0 Read More...

One small business will score a free Super Bowl ad

Chubbies Shorts, Vidler's 5 & 10 and Death Wish Coffee are the three finalists in Intuit's contest to win a free 30-second Super Bowl ad. One small business is just weeks away from scoring a win of a lifetime: a free 30-second ad that will air during the Super Bowl. The Super Bowl is the most watched event of the year, and a 30-second ad spot is expected to cost a record-breaking $5 million. Most small bu...

16 Nov 10:53 PM 0 Read More...