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What you need to know - Thursday 10/7/2010

by Katie Gatto, October 7, 2010 | Comments

Passenger raised $7.5 million, Involver $7 million, EcoMom $1.1 million, Motorola sues Apple

Involver raised $7 million. The social marketing platform helps manage ad presence social media channels Involver also raised $1.6 million late last month. Motorola filed suit against Apple over patent infringements. Complaints were filed with the International Trade Commission, the Northern District of Illinois, and the Southern District of Florida. Verizon to launch 4G LTE in 38 metro ...

Internet usage soars 62%, Web markets expand

by Katie Gatto, October 6, 2010 | Comments

India and Eastern Europe more than doubles usage, Middle East sees nearly 100% surge

Think that there are no new markets to reach on the Web and that Internet penetration and usage has hit its peak? Think again. There are plenty of new markets and opportunities out there just waiting to be reached by your new Web-based product, or service. Internet traffic is up an average of 62% in 2010, according to research by ...

What you need to know - Wednesday 10/06/10

by Katie Gatto, October 6, 2010 | Comments

Eventbrite raises $20M, AppNexus raises $50M, Yahoo buys Dapper

AppNexus raised $50 million in a Series C round of funding. Investors including Microsoft, Venrock, Kodiak Venture Partners, and First Round Capital. Eventbrite has raised $20 million. This was the Series D round of funding. It was led by DAG Ventures. Other investors include Tenaya Capital, and Sequoia Capital. Internet traffic is up 62% in 2010, according ...

Acision raises $100M for mobile-data services

by Katie Gatto, October 5, 2010 | Comments

Access Industries pours millions into the UK-based mobile messaging and SMS company

The mobile market is growing by leaps and bounds. More then 100 billion text messages were sent during 2009, in the UK alone. That is roughly, 1700 texts per person. And, not all of those are about where you want to meet up for dinner, or how boring class is. The global, mobile-banking services are expected, to be generating about ...

What you need to know - Tuesday 9/05/10

by Katie Gatto, October 5, 2010 | Comments

Acision raised $100 million, Adaptivity raised $7.2 million, Dick Costolo becomes Twitter CEO

ATX Innovation raised $2.05 million in funding from NEA. ATX Innovation is the maker of TabbedOut, a mobile app that lets bar and restaurant goers pay the bill remotely. It is currently avalaible for iPhone and Android handsets. 12seconds is shutting down. 12seconds is a Twitter video community. It will close its doors on October 22. The founder of Twitter ...

Smartphone patent lawsuits accelerating

by Katie Gatto, October 4, 2010 | Comments

Microsoft suit against Motorola - latest in an increasingly litigious smarthphone market

Smartphone patent lawsuits seem to be growing at a rapid clip. Remember Apple sued HTC for iPhone patent infringement in March, and HTC's countersuit against Apple? Or what about Nokia's latest suit against Apple's iPad and iPhone 3G in May? Then there's NTP's July suit against Apple, Google, Motorola, Microsoft and HTC over smartphone email. As it turns out, the ...

What you need to know - Monday 9/04/10

by Katie Gatto, October 4, 2010 | Comments

The Social Network rings up $23M in the box office, ClairMail raises $13.8M

The film The Social Network rang up $23 million in ticket sales its debut weekend. The film, which chronicles the creation of Facebook from multiple points of view, made its money from a predominately American audience. LG delays the launch of their tablet. Thew tablet computer, which would be based on Googles, Android 2.2 operation system would have been called ...

PlaySpan launches game-monetization service

by Katie Gatto, October 1, 2010 | Comments (1)

	A quicker route to in-game item sales Social games are a bit of a mixed bag. They are a lot of fun to play, and on the business end, they have the potential to bring in large audiences. The rub for game developers, however, is making some money in the process. Making a profit from social games can be a bit of a sticky widget. This has ...
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What you need to know - Friday 10/1/10

by Katie Gatto, October 1, 2010 | Comments

Silver Peak Systems raises $4.1M, OpenDNS raises $4.5M, Amazon to buy BuyVip?

Silver Peak Systems raised $4.1 million. The company makes developer tools, which are designed to enhance the performance of wide area networks. OpenDNS raised $4.5 million. Sequoia Capital and Greylock Partners were part of the round. The company focuses on Internet security products. Rumors are circulating that Amazon may buy BuyVip. The company is currently denying the rumors, but the ...

Apple iPad users most receptive to ads

by Katie Gatto, September 30, 2010 | Comments

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Nielsen study shows iPad users skew younger, male and inclined to view ads and purchase products

Perhaps you've noticed that parent's of toddlers are inclined to let their children play on their Apple iPad, particularly during those moments when restlessness sets in. You don't see parents handing over their Amazon Kindle in the same way. It turns out that Kindle users do tend to be older whereas iPad users skew younger. Not as young as a ...

What you need to know - Thursday 9/30/10

by Katie Gatto, September 30, 2010 | Comments

Retail Solutions raises $15.2M, Google to intergrate more social features, EA applies analytics

Retail Solutions raised $15.2 million, in its C series of funding. The round was led by Investor Growth Capital. The company makes a variety of software tools for retailers. Nielsen released a study of mobile devices, centered most heavily around the iPad, the Kindle and smart phones.It studied many aspects of the users. Most notably, it found that iPad users are ...

Ongo - social news startup - raises $12M

by Katie Gatto, September 29, 2010 | Comments

NYTimes, Washington Post and Gannett fund social-news aggregator

Newspapers do not always have the highest opinions of Web-based media outlets. On the 24th of September, Leonard Downie Jr., a former executive editor of the Washington Post, summed up this sentiment by calling blogs and aggregators, “parasites living off journalism produced by others”, at the James Cameron Memorial Lecture, at London’s City University. So you might find a bit ...

What you need to know - Wednesday 9/29/10

by Katie Gatto, September 29, 2010 | Comments

AOL keeps buying, Ongo raises $12 million, REDUX raises $1 million, Facebook and Skype may pair up

AOL bought TechCrunch, for an undisclosed price. Speculation set the range at somewhere between $10 million and $25 million. Skype and Facebook are rumored to be in negotiations for a partnership. If the rumors prove out to be true this will represent the addition of SMS and voice chat to Facebook's Connect. This would not be the fist time that ...

Tech blog network NetShelter raises $15M

by Katie Gatto, September 28, 2010 | Comments

Rho Ventures, Rho Cananada and JLA Ventures bets on advertising network

NetShelter, more formally known as NetShelter Technology Media, raised $15 million in a Series B round of funding, led by Rho Ventures, with participation from existing investors Rho Canada and JLA Ventures. San Francisco-based NetShelter provides advertising, for independent Web publishers, with a focus on technology-based sites, such as MacRumors.com, Slashgear and CrackBerry.com. Founded in 1999 by brothers Peyman Nilforoush, ...

What you need to know - Thursday 9/28/10

by Katie Gatto, September 28, 2010 | Comments

AOL buys 5min Media, TigerText raises $1.9M, e-Rewards buys Peanut Labs, NetShelter raises $15M

AOL might buy TechCrunch. Well, for now its mostly in theory, since according to the posters of this rumor the talks are in a "delicate stage". TechCrunch, which was founded by Michael Arrington, an attorney, in 2005. AOL has previously bought companies like Weblogs Inc. E-rewards buy Peanut Labs. Specific terms of the deal were not disclosed. E-rewards, based in ...

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