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Two executives say goodbye to Square

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

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

Featured Trends & news

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Microsoft to spend $9.5B on R&D in 2010

by Ronny Kerr, March 5, 2010 | Comments

3639

With battles on multiple fronts--mobile, social, search--Microsoft has big plans for the future

Microsoft has plans to spend $9.5 billion on research and development in 2010Speaking at the CeBIT trade show in Hannover, Germany, Microsoft COO Kevin Turner told the audience that the figure is $3 billion greater than the R&D spending of the next largest technology company. Much of this multi-billion dollar investment will be centered around improving software in the cloud."Especially ...

Google buys DocVerse for rumored $25M

by Matt Bowman, March 5, 2010 | Comments

3638

The acquisition could help lure Microsoft Office users over to Google Docs.

Google has acquired DocVerse, a tool that allows users to collaborate on Microsoft Office documents in the cloud, for a rumored $25 milion. If that headline looks familiar, it’s because the reports of the likely acquisition first surfaced in late December on TechCrunch. At the time, the tech news site said the deal was worth $25 million. Early Thursday morning, ...

Apple announces iPad's release date

by Chris Caceres, March 5, 2010 | Comments

	A few days late, but still sports same features and prices And the Applet tablet story continues. This morning, the Cupertino company announced its much anticipated iPad will hit store shelves in the US on April 3. Don't get your hopes up if you're looking for a 3G model, only the Wi-Fi version will be available on that date. Apple said the Wi-Fi + 3G version won't be available until 'late ...
	Read more »

Thiel could reap $1.4B from Facebook IPO

by Matt Bowman, March 5, 2010 | Comments

3636

Facebook's angel investors stand to make a pretty penny when the company goes public.

In light of Facebook’s eventual IPO plans and the valuations being thrown around by analysts, I asked our friend Lorenzo Carver at Liquid Scenarios to run some estimates on how Facebook’s investors might make out if the company IPOs next year. First of all, Carver notes that the $30 to $40 billion market cap that the Wall Street Journal’s sources ...

Facebook could be worth $40B by next year

by Matt Bowman, March 4, 2010 | Comments

3635

Zuckerberg stirs the rumor pot with 2010 revenue projections. Analysts weigh in on IPO prospects.

If Facebook is trying to distract the public from recent privacy snafus, it's doing a good job. CEO Mark Zuckerberg told the WSJ he expects to attract between $1.2 and $2 billion in revenue this year, and will IPO at some point. “We’re going to go public eventually, because that’s the contract that we have with our investors and our ...

YouTube now offers auto-captioning

by Ronny Kerr, March 4, 2010 | Comments

3634

In an effort to make its videos more accessible, Google makes its speech-to-text tech mainstream

Google's YouTube announced Thursday morning that auto-captioning is now available to all users.Both users and video owners can request for a video to be captioned, after which the video is added to a queue. Transcriptions could take an hour or a whole day. Though the captioning service had been available to a few small partners since 2008, this is the ...

iPhone mobile Web share in decline

by Chris Caceres, March 4, 2010 | Comments

3633

Android and other smartphones rapidly gaining marketshare, says Quantcast

Apple still holds a tight grasp on mobile OS Web share, according to data released by Quantcast this week. But in the last quarter alone, it's lost 4.5% of that share to competitor smart phones. Not surprisingly, check out which mobile OS is rapidly on the rise - Google's Android, which gained 44.6% over the past quarter. Google's Android OS ...

Tripit lands $7M to fuel travel management

by Matt Bowman, March 4, 2010 | Comments

3632

A tech blogger favorite, the travel service plans to grow more features and boost marketing spend.

Tripit, a service that helps people manage and share their travel plans, landed a $7 million Series C round of funding, led by Azure Capital partners. Existing investor O’Reilly AlphaTech Ventures (OATV) also participated. The round brings Tripit’s total funding to $13.1 million. For someone who travels infrequently, the utility of having a third-party organize your trips may not be ...

Microsoft's first Android app scans barcodes

by Ronny Kerr, March 4, 2010 | Comments

3630

Tag turns the Android's camera into a barcode scanner like ShopSavvy and Google Shopper

Microsoft today launched an Android app, Tag, the first to be developed for the direct competitor to Microsoft's own mobile OS, Windows Mobile.This isn't the first time Microsoft has developed for a competing handset. In fact, Tag has already launched on most other popular smartphone devices, including Windows phones, the iPhone, and Blackberry and Symbian devices. Microsoft also launched a ...

Google releases new Gesture Search app

by Chris Caceres, March 4, 2010 | Comments

3629

New feature lets you search your Android phone with touch screen simple gestures

If you own a phone running Android 2.0, definitely check out this new utility Google has just released. The feature allows users to search with written gestures on their screens. So how does it work? Pretty much as easy as it sounds. You load up the Gesture Search application and then begin drawing letter on your screen of what you're ...

Colbert, Daily Show yanked from Hulu

by Matt Bowman, March 3, 2010 | Comments

3627

Parent Viacom says the site doesn’t bring in enough revenue. Hulu publishes 'fond farewell.'

American cultural literacy took a devastating blow today: The Daily Show with John Stewart and the Colbert Report will no longer be available on Hulu come March 9th. Viacom will keep the shows online at TheDailyShow.com and ColbertNation.com, but many viewers will simply be watching more reruns of the Family Guy. Viacom, which unlike ABC, Fox and NBC is not ...

Layar returns to App Store

by Chris Caceres, March 3, 2010 | Comments

3624

After about two months of re-engineering, augmented reality browser returns to iPhone

Layar, an augmented reality mobile browser, on Wednesday announced its return to the App store. In case you don't know the full story, just a couple months ago, the Amsterdam-based company removed its product from the App store due to technical issues and a flood of complaints from its users. Dirk Groten, CTO of Layar said, "We had issues already ...

Playdom acquires Offbeat Creations

by Chris Caceres, March 3, 2010 | Comments

3623

M&A's heating up in the social gaming space

Playdom, a major player in the social gaming space, announced on Wednesday it has acquired Offbeat Creations, a developer of social games for Facebook. The terms of the deal were not disclosed.Offbeat Creations is known for games like Super Farkle, a popular dice game which sports over one million monthly active users. Other games it owns include, Be a Tycoon, ...

Facebook leak causes canceled Israeli raid

by Ronny Kerr, March 3, 2010 | Comments

3622

Soldier's status update says, "On Wednesday we clean up Qatanah," disclosing classified information

The Israeli military canceled a military raid on a West Bank town on Wednesday, reported Israel’s Army Radio, because a soldier had disclosed details of the operation on his Facebook page."On Wednesday we clean up Qatanah, and on Thursday, god willing, we come home," wrote the soldier in a status update, according to the Israeli newspaper Haaretz. He even revealed ...

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