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List of top Bay Area accelerators and...

If you want to find one, they're everywhere!

by Faith Merino - May 24, 2013
Financial trends and news

Featured Trends & news

All | Financial | Technology

Google and Microsoft kiss and make up over YouTube spat

by Steven Loeb, May 25, 2013 | Comments

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The two companies will work together to make a Windows Phone YouTube app compiant with Google's TOS

Well, that's one potentially ugly feud that has now been averted. A little over a week after Google sent a scolding letter to Microsoft, demanding that it take down its unauthorized YouTube app for violating Google's terms of service, the two companies are now doing the right thing and coming together to fix the issues that Google had with the ...

Stanford BASES - a model for University entrepreneurs

by Steven Loeb, May 25, 2013 | Comments

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BASES lets students get hands-on experience knowing what it means to be an Entrepreneur

(Updated to reflect comment from the University of Kentucky) A study done by research firm Startup Genome, called the Startup Ecosystem Report 2012, measured the top ecosystems around the world for startup innovation. And, to no one;s surprise, Silicon Valley was number one in every single category, from output to talent to funding. It has been, and remains, the hub for entrepreneuship ...

Funding roundup - week ending 05/24/13

by Steven Loeb, May 24, 2013 | Comments

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Lyft, UpOut, Swivl, Change.org, Weemo, Mission Markets, Cubic Telecom, Adly, Imonomy, LoyalBlocks

Seed stage Social local discovery service, UpOut raised $850,000 in seed funding from a number of Silicon Valley angels, including Sand Hill Angels and TEEC Angels. Postmaster, provider of an API for shipping packages, raised $600,000 in a seed round led by Capital Factory, Cloud Power, and Zelkova Ventures. Data API Orchestrate.io raised a seed investment round of $3 million led by True Ventures ...

FTC set to probe Google's display-ads practices

by Steven Loeb, May 24, 2013 | Comments

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Google already being investigated for antitrust violations by the EU, Canada and South Korea

(Updated to reflect comment from the FTC) Here we go again. After finally reaching a settlement with the Federal Trade Commission in January over alleged antitrust violations with its search algorithms, the agency is now looking into potentially opening yet another inquiry, this time into how whether or not Google is using its dominant position in the online display-advertising market to curb competition, it ...

Report: Google looking to outbid Facebook for Waze

by Steven Loeb, May 24, 2013 | Comments

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Waze said to be looking for more than the $1 billion Facebook is offering

Social traffic app Waze seem to be the hot commodity these days, with two very high profile companies reportedly looking to purchase it for a whoooole lot of money. Earlier this month it was reported that Facebook was looking to make the acquisition for between $800 million and $1 billion. But now Google is apparently getting into the mix as well, and ...

Facebook cancels rollout of HTC First in UK

by Steven Loeb, May 23, 2013 | Comments

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Home has seen terrible reception and sales of HTC First said to be suffering

(Updated to reflect comment from Facebook) Customer reviews of Facebook Home have been pretty abysmal, to say the least. With a 2.3 star average, and 9,349 one star reviews out of a total of 18,004, is anyone shocked that the HTC First, which came with Home preloaded, is bombing? The first sign that sales of the HTC First were not up to snuff came ...

Yahoo buys PlayerScale - ninth startup in nine months

by Steven Loeb, May 23, 2013 | Comments

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Maker of mobile gaming infrastructure becomes the latest find in Yahoo's acquisition spree

I can understand if you thought that Yahoo might want to take a break from what is becoming a pretty epic startup shopping spree after the company agreed to buy Tumblr for $1.1 billion earlier this week. But taking a break just isn't how Yahoo rolls these days, I guess. Yahoo has now gone ahead and purchased its ninth startup in ...

Mission Markets bags $1.5M for impact investing

by Faith Merino, May 23, 2013 | Comments

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The A2 round brings Mission Markets' Series A to $3M

For the socially conscious retail investor, buying stocks is a double-edged sword. On the one hand, you’re growing your long-term wealth and securing your financial future, but on the other hand—uh-oh, you’re supporting the capitalist fat cats, and by extension, the Wall Street fat cats. Way to contribute to the problem of unequal wealth distribution in America, jerk. In a ...

JustFab acquires Fab Shoes to conquer France and Spain

by Faith Merino, May 23, 2013 | Comments

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JustFab ramps up international expansion, adds 5M members in five months

Like a mighty conquistador (minus the historic cruelty and human rights abuses), JustFab is traversing the globe and carving out a larger stake for itself. One year after launching in Germany and the UK, JustFab is now taking its operations into France and Spain with the acquisition of The Fab Shoes, a subscription retail service for shoes that launched last ...

10 million Galaxy S4 phones sold in less than a month

by Steven Loeb, May 23, 2013 | Comments

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Galaxy S4 hits the milestone in half the time it took the S3, four new colors coming soon

Just last week, Samsung Electronics co-CEO Shin Jong-kyun told reporters that he believed that the Galaxy S4 would hit the 10 million mark this week. Not only did that prediction come true, but the S4 has now become the one of the fastest selling Samsung phone of all time. The phone has sold more than 10 million units less than one ...

Two executives say goodbye to Square

by Steven Loeb, May 22, 2013 | Comments

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Alex Petrov and Alyssa Cutright both departed the company, with Petrov leaving before he started

Two executives at Mobile payments company Square have decided to leave, one before he ever even started his job! Both Alex Petrov and Alyssa Cutright have departed the company, Square has confirmed to VatorNews. Petrov, the former Vice President of Consumer Brands at Safeway, was to start his job as Vice President of Partnerships at Square, it was announced at the beginning of ...

Get your fan fic weird on with Amazon's Kindle Worlds

by Faith Merino, May 22, 2013 | Comments

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Amazon Publishing finds ingenious way to profit off of fan fiction

You think you have some weird proclivities because you write fan fiction about a love triangle between you, a Ryan Gosling vampire, and a James Franco werewolf? Giiirrrrrl, you don’t know weird. Try an epic BDSM fan fic novel involving a Channing Tatum shape shifter, Robb Stark from Game of Thrones, Alexander Skarsgard as his hot ass self, Don Draper, ...

Verizon partners with Jennifer Lopez-backed Viva Movil

by Steven Loeb, May 22, 2013 | Comments

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Viva Movil will cater to the Latino community, with its own stores that have an bilingual staff

(Updated to reflect comment from Verizon) If you watch the news, or pay attention to politics at all, you already know that Latinos are the fastest growing population in the United States. And that fact is already starting to affect how businesses reach out to the Latino community. Simply put, it is only going to become more and more important ...

Event marketplace UpOut raises $850K seed round

by Faith Merino, May 22, 2013 | Comments

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The service helps users find and organize events

One of the more interesting developments that’s come out of social media in recent months is the rise of local discovery via event meetups. Sites like the aptly named Meetup allow users to organize, host, and attend events ranging from play groups and book clubs to raw food cooking classes and the like. A new social local discovery service, UpOut, ...

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by Steven Loeb
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by Faith Merino
10 million Galaxy S4 phones sold in less than a month

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