What you need to know - 03/03/11

One million: number of followers Charlie Sheen got in 24 hours and daily mobile payments by Square

Technology trends and news by Ronny Kerr
March 3, 2011
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Steve Jobs himself unveiled the iPad 2, which is coming March 11. Also, an interesting report says the iPad's gross margins are only around 25%, meaning Apple is already offering it at the lowest price possible. Because of this, it's next to impossible for competitiors to offer cheaper prices., a service that organizes all your email attachments, has raised $500,000 in seed funding from the Foundry Group.

Social media and content company Demand Media acquired CoveritLive, a service that provides sites like ESPN, Ford, News Corp and BBC with tools like real-time commentary, instant reader polling and question and answer capabilities.

Imation, a technology company dedicated to helping people and organizations store, protect and connect their digital world, acquired ENCRYPTX Corporation, provider of encryption and security solutions for removable storage devices and removable storage media.

The New York Times is set to launch TimesLimited, a daily deals service built exclusively for New York Times advertisers.

Disney acquired Finnish gaming company Rocket Pack. Terms of the deal were undisclosed.


Mobile payments company Square is now processing one million transactions daily.


Teradata Corporation has paid $263 million to acquire Aster Data Systems, provider of advanced analytics and the management of a variety of diverse data that is not structured.

After a volcanic series of interviews in the media, Charlie Sheen has turned to Twitter to speak his mind directly to the world. In about 24 hours, he acquired one million followers. #winning.

Today's featured entrepreneur is Natasha Soleil, CEO and founder of Soleil Mobile and  PINK JUNCTION, a social network for women.

Visibli, a service that helps companies and content creators personalize shared links, has raised $500,000 in seed funding from Extreme Venture Partners and undisclosed angel investors.

Related companies, investors and entrepreneurs

Description:   Pink Junction makes it easy to share lifestyle tips, recommendations and recipes with your girlfriends.
Description: What is Twitter? Twitter is an online information network that allows anyone with an account to post 140 character messages, called tweet...
Demand Media
Description: Demand Media is building a different type of new media company. With a proprietary media platform that powers the company's highly-traffi...
Bio: PR veteran turned start-up entrepreneur - launched over 15 start-ups in the media, produced two new media programs sold to Sony...

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