Accel secures $1.35 billion for two funds; RIM stock plummeting
Accel Partners, a global venture capital fund with stakes in Facebook, Groupon, and plenty of other prominent tech companies, closed two new funds for a total of $1.35 billion.
Ad agency Geomentum and AOL’s hyperlocal news service Patch have decided to join forces to cover the gamut of digital hyperlocal services.
Heavier Facebook users actually average nine percent “more close, core ties” with friends, compared to other Internet users. Click here to read some other interesting Facebook statistics.
Arianna Huffington announced that she has dubbed actress Rita Wilson the new Editor-at-Large for an upcoming Huffington Post segment for the boomer generation titled “Huff/Post 40.
RIM shares plummeted 14.30% in after-hours trading Thursday night after the company released its Q1 earnings for the fiscal year of 2012 and announced plans to cut jobs across the company. As you might imagine, the numbers weren't good…
Shopobot, a comparison shopping site that lets users track product prices, secured seed funding from Google Ventures and AOL Ventures.
Cause-based shopping platform SocialVest raised over one million dollars in a Series A financing round led by Bluff Point Associates. The new round is added to a $500,000 round previously raised by the company.
