Actor Ashton Kutcher Invests In Pakistani Startup Cowlar


Investing in a startup is not easy. Startups do not always provide a 100% success guarantee and there are many chances that they might not be successful. There are certain factors a person needs to keep in mind and it also takes a lot of analysis before giving it a final go to invest in […]

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PakWired – Latest Startup and Technology News from Pakistan

Jawbone Going Out of Business as CEO Moves on to New ‘Jawbone Health Hub’ Startup


In May of last year, speaker and fitness tracker company Jawbone ended production of its fitness trackers and started seeking a buyer for its speaker business, leading to speculation that the company was going out of business.

Jawbone denied claims that it was shutting down and planned to pivot to medical products for direct sale to clinical practitioners, but that may not have panned out, as The Information reports that the business is officially shutting down.

Jawbone has reportedly started liquidat…
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Oracle plans ‘startup organization’ focused on cloud computing, A.I. and VR

Computer Hardware

Oracle is hiring for a “new startup organization” inside its North America operation that will focus on key technology trends, including cloud computing, internet of things, artificial Intelligence, and augmented and virtual reality.

The Solution Engineering organization the company is setting up will consist of Solution Engineering Centers in Reston, Virginia, and Denver, Colorado.

The database and enterprise software company has previously indicated its interest in investing in some of these technology areas like machine learning and analytics.

Oracle announced in September that it was investing in intelligent cloud applications, calle…
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