Latest VatorNews stories

• Apple wows with strong quarter and high iPhone sales

  by Faith Merino, April 23, 2014

  The company announced a 7-for-1 stock split

  That said, iPad sales came up light: just 16.4 million units, which came in below analyst expectations. J.P. Morgan’s Rod Hall was anticipating 22.4 million units sold. Tim Cook said in the call that the discrepancy between the number of iPads Apple sold and Wall Street’s expectations can be explained by channel inventory changes. In the March quarter of last year, Apple increased its channel

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• Zynga sees double digit audience growth on mobile in Q1

  by Steven Loeb, April 23, 2014

  Zynga beat revenue expectations with $148 million, falls in line with loss of $0.1 EPS

  Shares of Zynga are up 3% in after-hours trading Wedneday, after the company posted first-quarter results that beat Wall Street expectations in terms of revenue but fell in line with EPS. The company had seen its stock go drop 3.07% in regular trading. Zynga reported bookings of $161 million, beating out analyst expectations of $148 million, on a loss of one cent per share, which is what Wall Stree

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• Facebook beats the street, loses long time CFO Ebersman

  by Steven Loeb, April 23, 2014

  The company posts better than expected $2.5 billion in revenue on 34 cents EPS, but stock only up 2%

  "This has been a tough decision because Facebook is such a great company and has such a bright future ahead, but I've decided to move back into healthcare where I spent my career before Facebook," Ebersman said in statement. "It's been a privilege working at Facebook and being part of such a great team. We have an incredibly talented finance organization, and I have complete confidence in Dave Wehner

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• Today's Entrepreneur: Ramuel Maramara

  by Mingmei Niu, April 23, 2014

  No. 1 mistake: Focusing too much on the money and not on the product

  Today's Entrepreneur is Ramuel Maramara, CEO and Founder of Brimes Energy, which has created the product Jellyfish, a machine that harvests the energy of ocean waves and converts it into electrical energy. Wave energy has an available 30kW to 80kW per meter of coastline. To visualize this number, imagine a man walking on the beach parallel to the waves. For every step he makes, the available power

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• It's official: Amazon wins after striking deal with HBO

  by Faith Merino, April 23, 2014

  HBO content will be available on Prime, making Amazon the first SVOD service to get HBO shows

  Even more amazing: the content isn’t even limited to old shows. Prime subscribers will also be able to watch early seasons of currently running shows, including True Blood (squeak!), Treme, and Boardwalk Empire. (I went through a pretty harrowing True Blood phase from which my loved ones are still recovering. I know the writing sucks and the plot is super cheesy, but everyone on the show is so

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• Communications provider CorvisaCloud raises $30M

  CorvisaCloud provides companies with tools that allow them to improve customer service

  A few months back I ordered a pizza from GrubHub. The order was an hour late, so you know what they did? They gave me $25 toward my next order, essentially making my meal free. I was so shocked by the ...
  By Steven Loeb
  

• Social learning platform Declara raises $16M

  Declara uses analytics and machine learning to create learning paths for individuals

  My mother works in education and I talk to her all the time about what I think is wrong with the education system in this country. To me, its not what kids are learning, its how they are learning it. They ...
  By Steven Loeb
  

• WhatsApp reaches 500M users, but is growth slowing?

  WhatsApp added 50M users in 62 days, but was adding one a million a day before Facebook purchase

  Remember when Facebook bought mobile messaging app WhatsApp for $19 billion, and its entire justification seemed to be "they'll have a billion members," which was going help the company connect the entire ...
  By Steven Loeb
  

• Majority of Americans over 55 now own a smartphone

  The number has jumped 10% in the last year

  Sorry to all the people with kids: it's just the way of the world. Young people want to be ahead of the curve, differentiating themselves from their elders. Parents aren't cool (at least they shouldn't ...
  By Steven Loeb
  

• AT&T is on the hunt for a Netflix killer

  AT&T and The Chernin Group announce $500M joint venture to invest in OTT video services

  Just hours after Netflix trash-talked AT&T in its quarterly letter to shareholders, AT&T has announced a new $500 million joint venture with the Chernin Group to fund the next Netflix. Specifically, ...
  By Faith Merino
  

• Twitter opens native ads platform to all publishers

  Twitter began testing MoPub’s native ads platform with mobile app developers in December

  In just the last year it has introduced a slew of new ad products, including keyword targeting, cookie-based targeted and then an expansion of that ad targeting program to include user's email addresses ...
  By Steven Loeb
  

• The new venture landscape

  Two years ago, seed rounds were $500k. Now they're $2M-plus

  That post got a lot of attention because back then all the buzz was about “Super Angels.” The venture landscape was evolving and had reached a point where Super Angels were an important part ...
  By Manu Kumar
  

• Today's Entrepreneur: Tejal Shah

  No. 1 mistake: Getting distracted

  Today's Entrepreneur is Tejal Shah, CEO and Founder of KidAdmit, which allows online submission of school application and enrollment forms. Schools can review applications, manage applicant waitlists, ...
  By Mingmei Niu
  

• Mitch Kapor: Oakland is on the 'cutting edge'

  Join entrepreneur, investor and philanthropist at the seminal tech event in the East Bay

  Kapor will be sitting down with me in a Fireside Keynote chat, sharing his views on how to build a tech ecosystem for good. On May 7, his Kapor Center for Social Impact will host its own 80-minute session ...
  By Bambi Francisco Roizen
  

• Netflix to raise prices to cover ISP "tolls"?

  Shares pop 6.5% after solid Q1, and Netflix announces plans for a price hike by the end of Q2

  Netflix shares rallied Tuesday morning, opening up 6.5% to $371. That’s after closing at $348.49 Monday evening. The company’s market cap now stands at $20.89 billion, which is an increase ...
  By Faith Merino
  

• Travel planning service Utrip raises $750k

  Utrip combines artificial intelligence and human experience to create personalized itineraries

  Exciting news from today: I booked my vacation for this summer. I'm going to be spending a week in Texas for the first time, and I'm going hitting all the major cities: Austin, San Antonio, Dallas and ...
  By Steven Loeb
  

• Pinterest referral traffic shoots up 48% in Q1

  Facebook still looms head and shoulder over all competitors, with over 21% share

  The answer, as you probably already guessed, is no, they are not all the same. In fact, only three of them even convert even 1% of total traffic, according to a new study out from Shareaholic on Monday. ...
  By Steven Loeb
  

• AT&T has 21 new cities in mind to expand fiber network

  AT&T's GigaPower will be in direct competition with Google Fiber in cities like San Jose and Austin

  I mean, if there's anything that the United States is still good at, and can still really boast about, it is its technology, right? We freaking invented the Internet (shout out to Al Gore!) But the numbers ...
  By Steven Loeb
  

• Birchbox raises $60M for monthly beauty boxes

  The company plans to ramp up international expansion efforts and marketing initiatives

  Subscription commerce has been a mixed bag, working for some but not for others. One company that seems to have nailed it is Birchbox, which announced Monday that it has raised $60 million in a Series ...
  By Faith Merino
  

• Retargeting platform AdRoll raises $70M

  AdRoll wants to use the funding to expand its product portfolio into mobile

  Online advertising is big business, as we all know, with revenue numbering in the billions. And one of the most important tools at the advertisers disposal is retargeting, or the ability for advertisers ...
  By Steven Loeb
  
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