Weekly startup news roundup for 2nd April 2017.
$2 billion startup GitHub has officially won over Microsoft – (GitHub co-founder and CEO Chris WanstrathFlickr/by DaveFayram)
Today, Microsoft announces via blog entry the shutdown of CodePlex, its 11-year-old site where programmers could host and share the code for their software projects. When it was founded in 2006, CodePlex was one Microsoft’s biggest steps into the world of open source software — where any programmer, anywhere can download and tweak the code to their liking. At the time, Microsoft saw free open source software, including the Linux operating system, as a major competitive threat.
- London tech startup aims to disrupt the digital rewards and loyalty landscape – In 2014, a group of Australian, American and French entrepreneurs came together with the aim to build a platform that would disrupt the way digital offers are being consumed by smartphone users from around the world, as well as build an ecosystem that would reward those same users for their loyalty. This idea gave birth to Sh8pe Ltd, a London-based technology startup. Today, the Sh8pe platform is in beta, with a live launch date scheduled for April 15. It aggregates and curates over 100,000 digital offers, from e-commerce merchants like Amazon, eBay or Hotels.com to mobile apps, premium mobile content, surveys, sweepstakes and more. Most importantly, the Sh8pe platform has global reach, with merchant and digital offer representation in 196 countries around the world.
- Canon buys U.K. photo startup in bid for smartphone relevance – Canon Inc., the Tokyo-based consumer electronics firm, is buying U.K. startup Kite, a company that helps people order photo albums, mugs or phone cases customized with images from their smartphone cameras.Eighty-year-old Canon, best known for printers and cameras, has struggled to stay relevant to consumers as photo taking has shifted away from stand-alone digital cameras to smartphones. Its revenue from cameras declined to ¥667.5 billion ($6 billion) last year from ¥970.3 billion in 2013.
- Amazing Pakistani startup set to revolutionize health care, with a little help from you – Aiming to develop wearable senors to heal wounds, team Smart Bandage will be competing in the Rice Business Plan Competition from April 6th to 8th in Texas USA. The competition is the world’s richest and largest graduate-level student startup competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which is Rice University’s internationally-recognized initiative devoted to the support of entrepreneurship, and the Jesse H. Jones Graduate School of Business.
- Startup Spotlight: Rockstar Content, Storytelling, and Farming on Mars – Each week Tech.Co will be making some noise and highlighting five startups from around the country for the Startup Spotlight that showcases their innovation.
- Catalytic Health Partners Integrates With Life365 to Provide Remote Patient Monitoring for Arizona Patients – Catalytic Health Partners, a Phoenix, AZ-based population health management company has announced a partnership with digital health startup Life365 to provide remote patient monitoring and data delivery for their members with chronic conditions located throughout Arizona. Catalytic Health Partners,provides enhanced care to high cost Medicare and Medicaid populations in order to improve outcomes while reducing total cost of care.
- Cloudatix, Mediaguru launch ‘Startup Accelerator Program and Internet – Cloudatix Biz India Ventures Pvt. Ltd, a young research startup emerging as a Smart City Solutions provider and Mediaguru, a global media services company that specializes in the entire life cycle of digital asset management services, digitization and monetization, recently launched ?Startup Accelerator Program and Internet College?
‘Start-ups in India need Chapter 11 equivalent’ – There is an urgent need to have a Chapter 11 equivalent in India for the start-up ecosystem to flower without Stayzilla-type mishaps, according to R. Ramaraj, a serial entrepreneur who was also a co-founder of Sify, the first private ISP (Internet service provider) in India. This chapter of the U.S. Bankruptcy Code provides for reorganisation, usually involving a corporation or partnership that owes more than it can repay. A chapter 11 debtor typically proposes a plan of reorganisation to keep its business alive and pay creditors over time.
- This Meditation Startup Is Turning Stress Into Profits – “This is not niche. This is extremely mainstream,” says the founder of app maker Calm.