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Apple says that FaceTime and iMessage content are not affected

by Faith Merino - June 17, 2013
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Newtoy: Zynga's seventh buy in seven months

by Ronny Kerr, December 2, 2010 | Comments

Texas-based game developer of Words With Friends for iPhone now just another Zynga studio

Zynga announced Thursday morning that it has acquired Newtoy, creator of the wildly popular iPhone app “Words With Friends.” Neither company would comment on financial details of the deal.This is Zynga’s seventh acquisition in seven months, something the company says it is “very proud of.”Newtoy CEO and co-founder Paul Bettner is now VP and GM of the Zynga With Friends ...

Investing service Betterment raises $3M round

by Ronny Kerr, December 2, 2010 | Comments

Backed by Bessemer Venture Partners, Betterment moves forward with improvements for online investing

Online investing service Betterment announced Thursday that it has raised $3 million in a Series A financing round led by Bessemer Venture Partners, with participation from Anthemis Group, as well as several individual investors, including Thomas Lehrman of Alta Investors, Fabrice Grinda (a musing entrepreneur) and Dave Abner.The new funding will be used to expand the company team and develop ...

Confirmed: eBay buys Milo.com

by Faith Merino, December 2, 2010 | Comments

Sources close to the deal say eBay is acquiring the "anti-Amazon" site

Update: Milo.com founder Jack Abraham has confirmed via Twitter that eBay has purchased the company. "It's official. Milo.com is extremely excited to join the eBay family!!" Abraham tweeted, followed by: "Within eBay we will complete our mission of bringing every product, on every shelf, of every store in the physical world onto the internet." Local shopping site Milo.com may be joining the ...

Awarepoint raises $9 million for health RTLS

by Ronny Kerr, December 2, 2010 | Comments

Real-time location systems provider for hospitals and healthcare gets refueled by previous investors

Awarepoint, a real-time location systems (RTLS) provider for hospitals, has raised $9 million in a combination of equity and debt. All existing Awarepoint investors returned to participate in the round.Exactly nine months ago to the day, Awarepoint announced that it had raised a $10 million round led by Jafco Ventures with the help of previous investors Cardinal Partners and Venrock. ...

Standing Cloud snags $3 million Series B

by Ronny Kerr, December 1, 2010 | Comments

Funding round from Avalon Ventures and Foundry Group to help develop "app store" for open-source

Cloud application management platform Standing Cloud announced Wednesday that it has closed a $3 million Series B round of funding led by Avalon Ventures with participation from previous backer Foundry Group, we've confimed with the company.Rich Levandov, Avalon’s managing member and also an early investor in Zynga, has invested in four other notable cloud companies: Backupify, Cloudkick, Cloudant and TwinStrata. ...

Kleiner Perkins values Twitter at $4 billion?

by Ronny Kerr, December 1, 2010 | Comments (2)

Multiple unnamed sources close to new Twitter funding talks say John Doerr will get what he wants

Remember when it was a big deal to see rumors that Twitter was raising a $50 million round at a $1 billion valuation? Or better yet, when they were valued at $250 million?Rumors swirled Wednesday that a new giant funding round is about to go down, valuing the not-so-fledgling microblogging site at $4 billion.The startup’s supposed valuation had already soared ...

Online spending reaches $1B on Cyber Monday

by Faith Merino, December 1, 2010 | Comments

E-commerce spending rose 16% this year, according to comScore

Cyber Monday spending hit an all time record high this year, according to data from comScore. On Monday, online spending reached $1.028 billion, marking a 16% increase from last year’s $887 million, and setting a record for the heaviest online spending day in history. It is also the first time that online spending has risen above the $1 billion mark ...

Google's most notable acquisitions

by Faith Merino, December 1, 2010 | Comments

A look back at Google's biggest buys

As reports continue to pour out regarding Google’s possible acquisition of Groupon—which has yet to be confirmed or denied—the numbers continue to climb. We reported Monday that Google acquired Groupon for $2.5 billion, according to an individual close to the deal, but as of Tuesday evening, that number could be as high as $6 billion, which would make the acquisition ...

Yammer raises $25M for business-based network

by Faith Merino, November 30, 2010 | Comments (2)

The social networking site for businesses and their employees is backed by U.S. Venture Partners

Enterprise social networking site Yammer announced Tuesday that it has closed a $25 million Series C round, bringing its total financing to $40 million since launching in 2008. The round was led by U.S. Venture Partners, with help from Emergence Capital, Charles River Ventures, and Founders Fund. The site is like a Facebook for businesses, back when Facebook only allowed ...

Cyber Monday sales rise by at least 20%

by Ronny Kerr, November 30, 2010 | Comments (1)

Online sales on the Monday following Black Friday prove once more that Cyber Monday is no gimmick

Cyber Monday sales this year were at least 20 percent higher than they were a year ago, a few research firms are reporting. Sales reached $887 million a year ago, but yesterday's sales numbers have yet to be reported.Online sales on Cyber Monday, a sort of Black Friday for the Internet immediately following Thanksgiving weekend, have risen every year for ...

'Power to the People' discount tickets here

by Sponsored Story, November 30, 2010 | Comments

Get your Vator discounted tickets here for Berkeley-Stanford CleanTech event, Dec. 2

The Berkeley-Stanford CleanTech event, called “Power to the People” is being held this Thursday from 11 am to 7 pm in the PG&E Auditorium in San Francisco, CA. Dr. Amory Lovins, Co-founder,Chairman and Chief Scientist of the Rocky Mountain Institute and architect of the Reinventing Fire™ strategy, will be giving the keynote address. Panelists from academia, industry and policy will ...

Payvment makes $6M Series B for e-commerce

by Ronny Kerr, November 30, 2010 | Comments

Hundreds of retail storefronts added to Facebook daily, says Payvment, SF-based e-commerce platform

Payvment, a platform that enables retailers to open e-commerce storefronts on Facebook, announced Tuesday that it has raised a $6 million Series B round of funding led by Sierra Ventures with participation from previous investor BlueRun Ventures. Sierra partner Vispi Daver will be joining Payvment’s board.The San Francisco startup raised a $1.15 million Series A from BlueRun in March of ...

Facebook valued at highest ever: $50 billion

by Ronny Kerr, November 30, 2010 | Comments (2)

Secondary market information makes Facebook worth almost as much as the biggest tech companies

Barely a week after we reported on Facebook’s $35 billion valuation on the secondary market, then based on shares sold by Accel Partners, the social site’s value has skyrocketed to its absolute highest--$50 billion.Most recently, $40 million in Facebook shares have been reshuffled in auctions on SecondMarket, leaving shares at $20.76 with 1.9 million shares traded. According to the report, ...

Google and Groupon: the odd couple

by Faith Merino, November 30, 2010 | Comments

	Why an acquisition makes sense Both Google and Groupon have been keeping quiet on our report of an acquisition over Thanksgiving weekend, but until they come out and say definitively whether or not the deal has been cemented, the world is left to speculate. What would an acquisition by Google mean for Groupon? Is Groupon a passing fad—the Tamagotchi of the Web community? (Yep, I ...
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