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FTC set to probe Google's display-ads...

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

by Steven Loeb - May 24, 2013
Financial trends and news

Featured Trends & news

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FWD.us loses two backers in Elon Musk and David Sacks

by Steven Loeb, May 11, 2013 | Comments

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Controversial ads praising supporters of the Keystone Pipeline may have contributed

FWD.us, the PAC started by Mark Zuckerberg to handle various national issues, starting with immigration reform, has already lost two of its backers over a controversial ad campaign. Elon Musk, CEO of SpaceX, and David Sacks, Founder and CEO of Yammer, have decided to leave the organization, it was reported by Reuters Friday. The two have since been removed from the ...

Mother's Day special: Tips from top mom founders/CEOs

by Faith Merino, May 10, 2013 | Comments

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Seven moms do the impossible: run companies while raising kids

Starting and running your own business is no joke. Neither is having kids. And then you see people who are somehow managing to do both, and it BLOWS MY MIND. So in honor of Mother’s Day (it’s this Sunday, don’t blow it), I give you seven moms who are doing the impossible: founding and/or running their own companies while also ...

Funding roundup - week ending 05/10/13

by Steven Loeb, May 10, 2013 | Comments

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eFuneral, Fastback Networks, CapLinked, Tapestry, and Logical Choice all raised funds this week

Seed Stage Online end-of-life planning resource eFuneral received a $250,000 investment commitment from nonprofit venture development organization JumpStart. Video cooking magazine Panna raised $1.35 million in first round funding. The round was led by Anthem Ventures, with participation from other investors, including Lerer Ventures, Crosslink Ventures, Maveron, Shari Redstone's Advancit Capital, RSL Venture Partners, Launchpad LA, David Tisch's BoxGroup, Rick J. ...

Edtech company Logical Choice Technologies bags $5M

by Faith Merino, May 10, 2013 | Comments

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As the classroom becomes increasingly digitized, Logical Choice is poised to grow

School is going digital, and edtech is where it’s at. As more and more schools look to digitize the classroom, they’re being bombarded with options. Enter: Logical Choice Technologies, your one-stop shop for all your digital learning needs. The company announced Friday that it has raised $5 million from Vert Capital, which will give Vert Capital a controlling stake in ...

Facebook Home expanding to more devices

by Steven Loeb, May 10, 2013 | Comments

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HTC One and Samsung Galaxy S4 users now have access to the interface, but ratings are still slipping

When Facebook Home passed the 500,000 installs number on Google Play roughly a week after its release, it was seen, by some, as a sign that the interface was not living up to expectation. I mean, Instagram, had passed one million Android users in a single day, so why couldn't Home match that? There are a number of reasons that I have pointed ...

Kickstarter: big name projects are good for our site!

by Steven Loeb, May 10, 2013 | Comments

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Despite controversy, Zach Braff and Veronica Mars brought an extra $400,000 to 2,200 other projects

It may have flown past your radar, but there has recently a bit of controversy over at Kickstarter when two big studio projects decided to raise money from regular people. It sparked a backlash and a question of whether or not taking money from people for projects that could otherwise have been funded goes against the ethos, and the mission, ...

Yahoo's spree continues, buys up GoPollGo and Milewise

by Steven Loeb, May 9, 2013 | Comments

	Yahoo has made eight start up purchases since October Remember that Living With Michael Jackson special that aired 10 years ago? It was the one where everyone suddenly realized he had a child named Blanket. There was a scene in that show that always stuck with me: it was Michael Jackson going into some super fancy antique store and basically just buying everything he laid eyes on, even if ...
	Read more »

Fertility tracker Ovuline teams with Fitbit, Withings

by Faith Merino, May 9, 2013 | Comments

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The data-driven fertility monitor unveils updated Smart Fertility product

The quantified self movement is picking up steam. In the last week alone, Fitbit has revealed its newest product, the Flex, and Jawbone has acquired BodyMedia. Now, Ovuline, the health monitoring service for fertility, is partnering with Fitbit and Withings and releasing a brand new version of its Smart Fertility product. Arriving just in time for Mother’s Day, Ovuline’s new, ...

Report: Facebook to buy Waze for up to $1 billion

by Steven Loeb, May 9, 2013 | Comments

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Social traffic app Waze is growing quickly, would give Facebook another platform for its mobile ads

Facebook has been on a mobile tear over the past year or so, and that strategy does not seem to be slowing down any time soon. The social network is now in talks to make an Instagram-sized purchase of social traffic app Waze, it wasreported by Israeli news site Calcalist on Thursday. The two sides are in "advanced negotiations," which began six months ago, ...

Groupon shares pop 10% after unusually positive quarter

by Faith Merino, May 9, 2013 | Comments

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Is the sinking Groupon ship recovering? Don't jinx it!

Could Groupon be seeing a legitimate turnaround? The company's future is looking bright after it revealed better than expected Q1 earnings Wednesday evening. Shares were up 10.2% to $6.15 Thursday morning. "One of the interesting dynamics of the GRPN story is the increasing percentage of its business on mobile," wrote Sterne Agee analyst Arvind Bhatia, in a research note. "Unlike ...

Hipmunk launches direct booking option for hotels

by Faith Merino, May 9, 2013 | Comments

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The startup ventures beyond aggregation to offer direct purchases

When Hipmunk—the all-you-can-eat buffet of travel sites—raised $15 million in a Series B last year, CEO Adam Goldstein said, “we need to go big or go home.” The remark hinted at big things to come, and now it looks like Hipmunk has made a decisive move to “go big.” The company announced Thursday that users can now book hotels directly ...

Google Wallet VP Osama Bedier steps down

by Steven Loeb, May 9, 2013 | Comments

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Google Wallet has been seen as a disappointment due to high competition and lack of availability

(Updated to reflect comment from Google) Osama Bedier, the Vice President of Google Wallet, has left the company, Google has confirmed to VatorNews. No official reason for Bedier's decision has been revealed and there is also no indication as to what Bedier's next move will be. "We can confirm that Osama Bedier has decided to leave Google this year to pursue ...

Path to be a featured app on three Sprint devices

by Steven Loeb, May 8, 2013 | Comments

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Path to be one of a group of apps to be highlighted in Sprint's Discover-it Widget

Path, the social network built around exclusivity, is looking to branch out. The company is teaming up with Sprint to offer its app as a one-touch download on Samsung Galaxy S4, HTC One and Torque devices. It will be one a part of a "best-in-class group of high quality apps for their Discover-it Widget," Path announced in a blog post Wednesday. Other ...

Groupon's first quarter sans Mason beats expectations

by Faith Merino, May 8, 2013 | Comments

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Shares were up 10% in after-hours trading

Wow, so maybe canning Andrew Mason was a pretty smart business move. Groupon's first quarter without Mason also happens to be the best quarter it’s seen in a year. Shares popped 12.5% in after-hours trading to $6.29 after the company’s quarterly results beat expectations. Non-GAAP operating income (excluding stock compensation) came in at $51.2 million, or $0.03 a share on ...

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