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

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gWallet delivers advanced social site metrics

by Ronny Kerr, December 22, 2009 | Comments (1)

Through social media metrics technology called gLTV, gWallet seeking to further empower publishers

gWallet, a virtual currency platform for social media sites, announced Tuesday morning the launch of gLTV, a tool that will allow publishers to monitor their measurement metrics to an even greater extent, with a new capability that measures "lifetime value of users" so that publishers can make more advantageous decisions in the future to guarantee an increase in value of ...

Social networking goes augmented reality

by Chris Caceres, December 21, 2009 | Comments

Popular Japanese augmented reality application, Sekai Camera lets you comment on anything around you

Tonchidot's Sekai Camera iPhone application has officially launched in the App store here in the US and the rest of the world. I've been watching this startup for a while now and excited to see the application is available for free, for all of us to give a shot. A little run down on Tonchidot. The small startup based out ...

Twitter profitable, thanks to search deals

by Matt Bowman, December 21, 2009 | Comments

Agreements with Google & Bing garnered $25 million, put Twitter in the black for '09, "sources" say

Twitter raked in $25 million from Micorosft and Google in deals announced in October, according to Business Week's Spencer E. Ante The much-hyped agreements to include Twitter’s data in search results cost Microsoft $10 million and Google $15 million, and was enough to make Twitter profitable in 2009, according to Ante's sources. The leak is well-timed for the IPO rumor ...

Youku raises $40 million

by Chris Caceres, December 21, 2009 | Comments

Chengwei Ventures, Brookside Capital, Maverick Capital and Sutter Hill Ventures invest in video site

Youku, a Chinese video streaming site, has raised $40 million in Series E funding. The round was led by Chengwei Ventures. Other investors include Brookside (Bain) Capital, Maverick Capital and Sutter Hill Ventures. According to the press release, Youku is also in active discussion to raise another $40 million from other potential investors. The company has raised $110 million to ...

Dailymotion makes it to the iPhone

by Ronny Kerr, December 21, 2009 | Comments

Stoppelman playing hard to get. Smart.

by Matt Bowman, December 21, 2009 | Comments

Analysis: why Yelp should push for more than $550 million, but still get bought by Google

As Ronny wrote this morning, Yelp CEO Jeremy Stoppelman walked away from a $550 bid from Google this weekend. Apparently, the two parties had agreed to the price and were in late-stage negotiations, but then something happened and Yelp notified Google that they were not going to sell. At first glance, this seems like a Jerry Yang-esque all-too-bold a move ...

Yelp turns down Google's $550 million offer

by Ronny Kerr, December 21, 2009 | Comments (1)

No word yet on why exactly, but Google won't be adding this up to one of its many 2009 acquisitions

Yelp has declined Google's offer of $550 million for the popular user-generated business directory site, according to the latest reports (via TechCrunch). CEO of Yelp Jeremy Stoppleman needed only to sign off on the deal and the acquisition would have been done, but apparently he no longer found the deal appealing.Because there are no other potential buyers currently in talks ...

Layar gets removed from the App store

by Chris Caceres, December 18, 2009 | Comments (1)

Augmented reality iPhone application gets pulled due to constant crashing

Layar, an augmented reality iPhone application, has been pulled from the App store. The company recently raised $1 million in funding to help it lead the quickly growing space of augmented reality applications for the iPhone, but due to technical issues, have decided to take a step back."After a flood of complaints that the app crashes for many users, we've ...

Google yearning for Yelp?

by Matt Bowman, December 18, 2009 | Comments (2)

A rumored deal of over $500 million could signal heated competition with Bing for content

YouTube aside, Google has generally steered clear of user-generated content plays. YouTube’s difficulty generating revenue is explanation enough. That makes its rumored acquisition of Yelp all the more interesting. Why do it? At a rumored $500 million, the deal would certainly be good for Yelp, which is seeing increased competition from location-based mobile applications. Yelp has continued to innovate in ...

Twitter app store oneforty raises $1.6M

by Ronny Kerr, December 18, 2009 | Comments

"Twitter outfitter" gets new funding to support directory for Twitter resources

When a company releases its API publicly, anything can happen. When an extremely popular social networking site releases its API publicly, a lot of things happen: desktop clients, mobile clients, analytics software, etc.oneforty, a directory for finding, rating, collecting, and sharing the universe of Twitter tools and software out there, has just raised $1.6 million in Series A funding, according ...

Crosslink's personalization braintrust

by Matt Bowman, December 18, 2009 | Comments

With Pandora, Like.com and iCurrent, Crosslink Capital has a big bag of new media tricks

What do Pandora, Like.com and iCurrent all have in common? a) they’re all built on personalized media technology b) they all have Crosslink Capital as an investor c) they’re all kicking butt If you answered “c” (or all of the above), you might be jumping the gun slightly—iCurrent is still young, but with a founder who attracted big investment dollars ...

Twitter.com attacked, DNS records compromised

by Ronny Kerr, December 18, 2009 | Comments

"Iranian Cyber Army" wipes out one of the most popular social networks in the world

Around 10pm PST on Thursday night, Twitter suffered a DNS attack. While all third-party applications worked swimmingly, Twitter.com temporarily redirected to a site which displayed the following message:Iranian Cyber ArmyTHIS SITE HAS BEEN HACKED BY IRANIAN CYBER [email protected] Think They Controlling And Managing Internet By Their Access, But THey Don’t, We Control And Manage Internet By Our Power, So Do ...

The coming rise of venture funds-of-funds

by Matt Bowman, December 17, 2009 | Comments

Mid-sized VC firms are going away, but some former GPs might find a job managing LP money.

As endowments and pension funds tighten the spigot on alternative investments, they’ll be focusing on VC megafunds and boutiques, leaving the mid-sized firms to starve or reconstitute themselves. Last week, three VCs said us as much, and today NVCA president Marc Heesen confirmed the same on a call with VatorNews. “What I’ve been talking about for several years is the ...

Transliteration tool updated by Google

by Ronny Kerr, December 17, 2009 | Comments

Languages written in non-Roman script are now even easier to type up

For all of those people around the world faced with the task of typing up documents in languages with non-Roman scripts, using a computer can probably start to seem very inefficient."Many of us at Google's Bangalore office experienced this problem firsthand," said two Google software engineers. "Roman keyboards are the norm in India, making it difficult to type in Indian ...

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