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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

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Social media not causing isolation after all

by Ronny Kerr, November 4, 2009 | Comments

2970

New technologies criticized for alienating people, but they actually foster stronger networks

Though criticism of social media networks may have cooled in the past year, one still sees the occasional religious or political finger wagging at sites like Facebook and Twitter, condemning them for the death of social interaction and the rise of total isolation. Hopefully, a new finding by the Pew Internet & American Life Project will put such theories to ...

Apple's App store hits over 100K apps

by Chris Caceres, November 4, 2009 | Comments

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Launched only 15 months ago, the App Store is the largest application store in the world

Apple announced another milestone on Wednesday. Its popular App Store now holds over 100,000 applications, securing its place as the largest application store in the world. The announcement doesn't only serve as an indicator that Apple is in the lead among other platforms like Nokia's Ovi, Blackberry's RIM, Google's Android and too many others to name. But also proves out ...

Who's looking after Main street?

by Matt Bowman, November 4, 2009 | Comments

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As Wall Street goes global and DC ignores the deficit, a new roll for (soon to be ex) VCs emerges.

The economy expanded at a 3.5 percent rate in the third quarter even though the unemployment rate is high, incomes aren't going anywhere, and consumers are shaky. Why is the stock market improving while the domestic economy stalls? Dan Gross at Slate says it’s because our public companies buy and sell a huge and growing portion of their goods overseas; ...

Google Music promotion offering free MP3s

by Ronny Kerr, November 4, 2009 | Comments

2971

Kickstarting Google's new Music Search feature, Lala launches artist promotion with exclusive tracks

Google Music Search just officially launched in the last week, and it looks like it's already got a few tricks up its sleeve.On Tuesday night, Google kicked off a promotion offering free MP3 downloads for a few exclusive tracks from a number of prominent artists. Lala, the music streaming Web site that is central to the success of Google's new ...

How much do online community managers earn?

by Rebecca Weeks Watson, November 4, 2009 | Comments (1)

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Survey results reveal salaries, roles and satisfaction levels of social media managers

Have you ever wondered what level salary you should pay your social media marketing employee? Or maybe you're curious what you could earn as a community manager within a large corporation?This month, Forum One Networks, an events and research consulting firm, revealed results from its “Online Community and Social Media Compensation Survey.”Initiated in July 2009, the purpose of the study ...

Sorenson Media releases Squeeze 6

by Chris Caceres, November 3, 2009 | Comments

2967

Video compression software developer evolves for the Web 2.0 era with Squeeze 6

When producing professional video, one of the most important elements consumers seem to forget about, is the long process of compressing and uploading videos to the Web. It's tedious, time-consuming, and at times very complicated (getting the best settings and file formats for a particular publisher, etc.)Sorenson Media, has for a while sold a video compression application called Squeeze, but ...

PayPal launches open payments system

by Ronny Kerr, November 3, 2009 | Comments

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eBay-owned e-commerce business creates PayPal X for in-application payments

The recent explosion in third-party applications and games for social media sites like Facebook has created a huge demand for smart, fast, and effective payment systems that can be implemented seamlessly into said applications. Now, PayPal has decided to kick off its own payments system specifically for PayPal users. The eBay-owned company announced at PayPal X Innovate 2009 on Tuesday ...

Announcing VatorAcademy

by Ezra Roizen, November 3, 2009 | Comments (1)

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A new platform for entrepreneurial executive education

Vator on Tuesday launched a new executive education platform, specifically for entrepreneurs. It's called VatorAcademy. Entrepreneurs have to be the ultimate generalists, with proficiency in a number of professional disciplines. Yet many great businesses are launched by innovators with deep understanding of a specific problem, but often less experience in a number of other key areas. Vator is creating a ...

Backblaze launches for businesses

by Chris Caceres, November 3, 2009 | Comments

031109085758backblaze_briefcase

Online backup service targeting business computers

Backblaze, an online backup service announced on Tuesday it launched its unlimited storage solution for businesses. The company has been offering a consumer-focused online backup service since the middle of 2008, which costs $5/month/computer for unlimited storage.The service is a response to the statistic that reveals 60% of all corporate data resides on the computers of employees, according to IDC. ...

10gen raises $3.4 million for databases

by Ronny Kerr, November 3, 2009 | Comments

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Open-source database provider gets Series B for expansion

Open-source database provider 10gen has raised $3.4 million in a Series B round of funding. 10gen wrapped up its $1.5 million round of Series A funding back in July 2008, with major investments from Union Square Ventures. Union Square contributed once again to the latest round of financing, though Flybridge Capital Partners led the fundraiser this time around.10gen oversees and ...

LinkedIn's Reid Hoffman now a VC

by Ronny Kerr, November 2, 2009 | Comments

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Founder of business social networking site joins venture firm Greylock Partners

In spite of shrinkage in the venture capital industry, one Silicon Valley venture capital firm, Greylock Partners, announced a boost Monday, having set up a new $575 million fund, one of the biggest of the year.In addition to the new fund, Greylock Partners also happily announced the recruitment of Reid Hoffman, the founder and chairman of the popular business-oriented social ...

Congress considering Sarbox relief for SMBs

by Matt Bowman, November 2, 2009 | Comments (2)

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House Legislators propose two cost-benefit studies before enforcing SMB compliance

Small public companies got a break earlier this month when the SEC issued its third compliance deadline delay for small businesses. The delay, another recognition of the overbearing regulations it imposes on small companies, was granted with a stern warning from SEC Chair Mary Schapiro, "[T]here will be no further Commission extensions." With little hope for pushing the deadline further, ...

Link_A_Media raises $18 million

by Chris Caceres, November 2, 2009 | Comments

021109095602linkamedia

Data recovery company looking to bring products to market

Link_A_Media, a data recovery company, has raised $18 million in Series C funding. Lightspeed Venture Partners led the round. Other investors included ITOCHU Technology Ventures, Keynote Ventures, and SunAmerica Ventures.The Santa Clara, Ca.-based company is a developer of semiconductor system on a chip solutions for the data storage market. It focuses on hard disk drives and solid-state drives, trying to ...

McAfee: Piracy tripled in third quarter

by Ronny Kerr, November 2, 2009 | Comments

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In wake of Pirate Bay prosecution, file-sharing sites continue to thrive

In April, to the dismay of file-sharers the world over, a Swedish district court charged the founders of the Pirate Bay--Peter Sunde, Fredrik Neij, Gottfrid Svartholm-- and Carl Lundström, a Swedish businessman closely affiliated with the site, with promoting copyright infringement. Though the guilty verdict may have at first caused many pirates to be disgruntled and pessimistic about the future ...

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