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Verizon partners with Jennifer Lopez-backed...

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

by Steven Loeb - May 22, 2013
Technology trends and news

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It's official: Yahoo is buying Tumblr for $1.1 billion

by Steven Loeb, May 20, 2013 | Comments

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Tumblr to remain independent, Yahoo promises "not to screw it up"

Well, that was fast! After it was first reported at the end of last week that Yahoo was interested in buying up microblogging and social media platform Tumblr for around a billion dollars, the company held a meeting on Sunday to approve the deal, and now its done. Yahoo has reached a definitive agreement to buy Tumblr for $1.1 billion in cash, it was ...

Pinterest adds more info into pins, puts them on mobile

by Steven Loeb, May 20, 2013 | Comments

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Users to get more info on products, recipes and movie pins, partners include Netflix, eBay and Etsy

Pinterest, like all social networks needs to to make itself attractive to advertisers and brands. Earlier this year, the site added a new social analytics tool for businesses. And now Pinterest has launched two new features that will make the site "more useful," aka more attractive to advertisers. The first product are pins "with more information" that will allow users ...

Google accused of breaking antitrust law in Canada

by Steven Loeb, May 18, 2013 | Comments

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Google has also been investigated by the EU, the United States and South Korea before

(Updated to reflect comment from the Canadian Competition Bureau and Google) Google has found itself in a familiar situation: being accused by a federal agency of violating antitrust laws, this time in Canada. Canada's Competition Bureau recently notified Google of its intentions to investigate the company's business practices in Canada, it was reported by the Financial Post on Friday. Google has been ...

Yahoo to hold special event in NYC on Monday

by Steven Loeb, May 18, 2013 | Comments

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Details are sketchy, but could the company be announcing the acquisition of either Hulu or Tumblr?

Yahoo has been in the news a lot lately with its reported interest in acquiring both two big Internet properties: Hulu and Tumblr. Now news has come out that the company is holding a "product-related" special event on Monday. — CNBC (@CNBC) May 17, 2013 "Product-related" would seem to be a pretty broad term, and one that could mean basically ...

Andrew Mason is dropping an album. No srsly.

by Faith Merino, May 17, 2013 | Comments

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It's not a joke. Mason has recorded a 7-song album of "motivational business music"

So…there’s this… …thing… Hmm. How do I put this?... Andrew Mason is recording an album. Of motivational business music. It’s not a joke. Really. No. Really. It’s not. I know you think it is. But it’s not. So…wow. I really can’t find my way out of this lede. Mason posted the news via his blog Friday morning, which was intended ...

Funding roundup - week ending 05/17/13

by Steven Loeb, May 17, 2013 | Comments

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Skift, Marqeta, Jelly, CrowdOptic, Luvocracy, EdgeSpring, Pebble, BitPay, BonitaSoft, AirWatch

Seed stage Travel news startup Skift raised an additional $1.1 million seed round. The new funding was led by Lerer Ventures and included Ironfire Angel, MESA+, Advancit Capital, Growlab/LX Ventures, who invested together. New angels investing in this round include Jason Calacanis, Michael Cunniff, Duncan Jennings, Sean Keener, Shakil Khan, Martin Nisenholtz, Paul Noglows, and Michael Yavonditte. OwnerListens, which helps online businesses prevent negative reviews, raised a $1.1 million seed round from Promus Ventures, Menlo Ventures, Commerce ...

Yahoo is buying all the things! Maybe even Tumblr...

by Faith Merino, May 17, 2013 | Comments

	Rumors abound, but can Yahoo afford the hefty price tag? I kind of love Yahoo’s whole turn-around strategy, which can best be summed up as: BUY ALL THE THINGS!!!1! Just days after Yahoo was said to be considering a bid at the hot Internet TV service Hulu, rumor now has it that Yahoo is actually/also in “serious” take-over talks with the top execs of none other than Tumblr. CEO Marissa ...
	Read more »

A list of top LA accelerators and incubators

by Steven Loeb, May 17, 2013 | Comments

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Amplify, Launchpad, MuckerLab, Idealab and Science among those churning out new startups

As I have noted before, the tech scene in Los Angeles is on the rise. Part of that has to do with the categories that L.A. specializes in gaining traction, including digital media, gaming and e-commerce. There is also L.A.'s university scene, including UCLA, USC, UC Irvine, Caltech, UC Santa Barbara, Pepperdine and Loyola Marymount, which are also contributing, helping to produce more ...

Government wants Google to answer Glass privacy issues

by Steven Loeb, May 17, 2013 | Comments

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Congressional Bi-Partisan Privacy Caucus sends a letter to Larry Page demanding clarification

Whenever new technology comes out, there is always a familiar chorus of people shouting about their privacy being invaded. And, most of the time, I kind of ignore it. For the most part, people can avoid having their privacy violated by simply not participating. Nobody is forcing anyone to get a Facebook account, or even an e-mail address if they ...

Marqeta raises $14M to overhaul gift cards and rewards

by Faith Merino, May 16, 2013 | Comments

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The platform powers the Facebook Card and allows users to store multiple balances

Online-to-offline payments and loyalty programs are becoming an increasingly hot space. Back in January, Facebook unveiled its very own Facebook Card, a reloadable gift card of sorts that can store multiple balances and makes it easier for consumers to send friends “gift cards” via Facebook. Now, it turns out that the Facebook Card is powered by Marqeta’s +M platform. Marqeta ...

Biz Stone's Jelly raises money from big name investors

by Steven Loeb, May 16, 2013 | Comments

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Al Gore, Bono, Jack Dorsey, Reid Hoffman and Evan Williams all contributed

Twitter co-founder Biz Stone has been remarkably cagey about what his new startup, called Jelly, is all about. But that has not stopped him from raising money from a pretty remarkable roster of investors. The company raised an undisclosed amount of money in a round led by Spark Capital with additional investment by SV Angel, it was revealed in a blog ...

Amazon Prime adds Hannibal, Smash, and more to lineup

by Faith Merino, May 16, 2013 | Comments

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Amazon Prime selection gets a boost with expanded NBCUniversal agreement

We all have guilty pleasure shows, like RuPaul’s Drag Race, Here Comes Honey Boo Boo, and Swamp People. Such shows are decidedly uncool and a total waste of headspace—but everybody watches them because they're awesome. My guilty pleasure is even lamer—so lame, in fact, that I only watch it when I’m home alone because I think my husband would never ...

Now Time Warner is looking into buying part of Hulu

by Steven Loeb, May 16, 2013 | Comments

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Time Warner reportedly considering taking an equity stake in the online-video site

(Updated to reflect comment from Hulu) Hulu is a hot property these days. The company recently revealed that it had set a new record for revenue in the first quarter of the year, that subscribers to Hulu Plus have doubled in a year, hitting 400 million in the quarter and that, for the first time ever, Hulu viewers streamed more than ...

Google to Microsoft: shut down your YouTube app now!

by Steven Loeb, May 16, 2013 | Comments

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Google says app violates terms of service by not allowing ads and allowing playback on all platforms

Google and Microsoft getting ready to go to battle with each other over a YouTube app. It all started when Google refused to let Windows Phone users connect to YouTube. In response Microsoft decided to build one itself. Earlier this month, the app was redesigned with the ability to pin videos, playlists, channels, and search queries to Start as Live Tiles ...

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