Dropbox Raises $250 Million
Upstart Start Up Dropbox raises $250 Million in second round financing. Venture capitalists are willing to bet a quarter-billion dollars that the four-year-old upstart can take on tech heavyweights like Amazon, Apple and Google in online digital file storage world knows at The Cloud. Founded in 2007 by two MIT grad students, Arash Ferdowsi and Drew Houston Dropbox has scored the backing of seven of the leading VC firms including, Benchmark Capital, Goldman Sachs, Greylock Partners, … [Read More...]
Dropbox Raises $250 Million
Upstart Start Up Dropbox raises $250 Million in second round financing. Venture capitalists are willing to bet a quarter-billion dollars that the four-year-old upstart can take on tech heavyweights like Amazon, Apple and Google in online digital file storage world knows at The Cloud. Founded in 2007 by two MIT grad students, Arash Ferdowsi and Drew Houston Dropbox has scored the backing of seven of the leading VC firms including, Benchmark Capital, Goldman Sachs, Greylock Partners, … [Read More...]
InMobi Snags Largest Investment Ever
Mobile advertising company InMobi has received a $200 million investment from the Japanese Internet company Softbank in one of the largest investments ever in the mobile Internet market. InMobi, which launched in 2007 in Bangalore, India now reaches over 340 million consumers in more than 165 countries, including the US. With more than 47 billion mobile ad impressions on its network, InMobi is strongest in Asia but is making significant inroads into Europe and the US markets. The … [Read More...]
Google Retires Blogger – Picasa Brands
We have learned that Google is planning to re-brand (change the name) of its popular Picasa photo management service to Google Photos, and its Blogger blog platform to Google Blogs. This is not a big surprise, as Google is not the best at coming up with cool names for it's services anyway. Google acquired Picasa in 2004 for an undisclosed sum. Its technology, which can be downloaded or used online, helps users edit and manage photos. In 2003, Google acquired Blogger owner Pyra Labs, who's … [Read More...]
Zuckerberg On Google Plus
Is this for real, Mark Zuckerberg on Google+ I suppose it pays to keep tabs on the competition. I wonder if Larry and Sergey are on Facebook? It's been reported that then new social network has grown30 percent between September 20 and 22. Since Google has invited everyone to join. With a big blue arrow on their home page, Google has racked up an impressive number of new sign ups. Paul Allen, from Ancestry.com reported his latest user count estimates, in a post on Google+ On … [Read More...]
Amazon Kindle Fire Smokin Hot
Amazon Founder and CEO Jeff Bezos unveiled their new tablet computer, the Kindle Fire, yesterday at a presentation in New York. An impressive showing for the newest Kindle product that is a serious rival to the Apple iPad. With great features, and a low price point, one of the most impressive things about this new Tablet is the digital content that is immediately available with the Kindle Fire. Thousands of Movies, Music, eBooks, all available through the Amazon Cloud, gives the … [Read More...]
NetFlix Users Now Must Chose Plan
Looks like the "Good Old Days" are coming to an end for Netflix users who now must chose a plan, as the company’s deadline for changing its rates hits on Sept. 1. Back in July a user backlash erupted when the company announced that it would separate DVD and Streaming plans, and start charging $7.99 for each. This replaces their old plan where you get both starting at just $9.99 per month. The announcement prompted thousands of NetFlix users to hit the Social Media sites, like Facebook … [Read More...]
Internet News
Groupon Ammended SEC Filing Download Here
Accounting Irregularities, or Creative Accounting may be the way to best describe what Groupon had originally highlighted in regulatory filings something it calls "adjusted consolidated segment … [Read More...]
Inetglobal Comes Roaring Back
iNetGlobal, Internet Service company, and a powerful force in Online Advertising comes roaring back. What's the old expression, " In like a Lion out like a Lamb?" Well iNetGlobal has come Roaring … [Read More...]
Mobile
No surprise here, as Sprint files their own law suit to block the AT&T / T-Mobile deal. Looks like this deal just won't get done. Hey, maybe Groupon could offer it as a Deal Of The Day! The Sprint Nextel Corp. filed its own lawsuit aimed to … [Read More...]
Social
In a press release today Google announces the opening of their Google+ social network to the general public. Launched on June 28th, 2011, and formally available by invitation only, Google + has made a decent showing in it's recent entry to the Social … [Read More...]
Search
Alibaba Buys Yahoo... well wouldn't this be interesting. I'm sure Jack Ma would love to get his mitts on Yahoo, a bell-weather US company. Sure profits are down a bit and Yahoo is essentially on the way down. I wouldn't count them out. They still … [Read More...]
Technology
The Stingray Mobile Tracking device by Florida-based defense contractor Harris Corp is causing a lot of controversy, raising questions about whether this type of device violates Constitutional rights. Recently in the news, a Stingray was used to … [Read More...]
