Wireless remote control (1955)
Chicago's reputation as the birthplace for American lethargy is secure, since the wireless remote control was invented here not just once, but twice, within two years and at the same...
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Chicago bike-design team unveils its ‘Blackline’ for national contest
Introducing the "Blackline" — a steel-tubed sophisticated monster of a bicycle with basket racks, bubble tires, a weather-proof drive belt in place of a chain and smart handlebars that signal...
Chicago-based AvantCredit announces $75 million in Series C funding
Chicago-based AvantCredit, which provides online consumer loans to the middle class, announced early Wednesday $75 million in Series C funding, along with a $200 million credit facility. The company, founded...
1871 symposium: Cisco panel makes it clear that ‘The Fog’ is coming
Prepare to hear more about computing in "The Fog," which is exactly the off-site computing offered in "The Cloud," only closer to home. As connected sensors go into nearly every...
The simple questions behind business-model innovation
The conventional way to approach a business model in need of overhaul has been to assess new revenue streams and try to reduce costs. But in "The Risk-Driven Business Model,"...
ParkWhiz announces $10 million in funding in a competitive space
Chicago online parking marketplace ParkWhiz announced Monday that it closed a $10 million funding round led by growth-stage Chicago investor Jump Capital, escalating a battle with Chicago rival SpotHero for...
Building a better urban bike in Chicago
It has been a wild ride for Team Chicago as it builds a better urban bike. Details keep them awake. "A lot of late nights," said Ishmael Adams, a designer...
Chicago team wraps up urban-bike design entry, hopes to win your vote
It has been a wild ride for Team Chicago as it builds a better urban bike. Details keep them awake. "A lot of late nights," said Ishmael Adams, a designer...
How an MIT researcher ties digital capacity to increased revenue
An MIT researcher and business author says a recent survey shows companies that added strong digital capabilities found and kept more customers, streamlined operations and unearthed more ways to make...
Peter Wilkins named managing director of Hyde Park Angels
Peter A. Wilkins, an entrepreneur, mentor and adviser who co-founded the social-impact education startup New Futuro, has been named the new managing director of the Hyde Park Angels investment group,...