What you need to know - 04/26/11

Ronny Kerr · April 26, 2011 · Short URL: https://vator.tv/n/19af

Apple sued for invasion of privacy; Facebook launches Deals

An iPhone user and iPad user are jointly suing Apple in federal court for claiming that their devices unlawfully tracked their movements, allegedly an invasion of privacy.

 

Barnes & Noble has teamed up with author Sandra Boynton to host the world’s first e-book app signing event on May 2.

Deals and discount platform closed $3.1 million in new funding from Highland Capital Partners and Charles River Ventures, along with several individual investors.

DoubleDutch--what you might consider a Foursquare for the enterprise-- secured $1.2 million in a seed funding round led by Lightbank, the investment fund created by Groupon co-founders Bradley Keywell and Eric Lefkofsky.

Employee and employer matching service Evolv raised $15.7 million, according to an SEC filing.

ExactTarget closed a $30 million round of financing led by Technology Crossover Ventures (TCV) with participation from existing investors, including Battery Ventures, Scale Venture Partners and Greenspring Associates.

Facebook yesterday launched a brand new social plugin, the "Send" button and made a few tweaks to Groups. Today, the company announced the full launch of Deals on Facebook, for finding discounts for users.

n this week's "The Deal," VatorNews' Faith Merino discusses the rising influence of social media on e-commerce, or f-commerce.

Just twelve weeks into its launch, IntoNow has been acquired by Yahoo. Financial terms were not disclosed but sources say the sale went for $20 million.

Social gaming developer Kobojo completed a $7.5 million (€5.3 million) first round of funding led by Endeavour Vision and IDinvest Partners.

Lawson Software agreed to be acquired by GGC Software Holdings, an affiliate of Golden Gate Capital and Infor, in a transaction valued at approximately $2 billion.

Social advertising network MakeMeReach closed a €3 million ($4.3 Million) round with three French funds: Alven Capital, Siparex and UFG-Siparex.

 

Netflix reported first quarter revenues of $719 million and net income of $60 million. The service added 3.3 million subscribers last quarter.

 

Go-to survey site SurveyMonkey acquired Wufoo, an online form builder. Terms of the deal were not disclosed, but sources say the purchase price was $35 million in cash and stock.

Stealth startup Youwho secured $5 million in funding, according to an SEC filing.

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