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Quora Investor Peter Thiel: “The Samwers Are Never Going To Clone Quora,”

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There’s been a lot of armchair valuation punditry across the Valley this week. As the Facebook IPO looms, our intricately entwined ecosystem of startups and investors seeks to benefit from the domino effect of a population feeling flush with cash. This is the picture that the WSJ painted in its Quora funding announcement yesterday, headline: “Former Facebook Hands Capitalize on Buzz.” Okay, sure, smart people will always adapt to a favorable environment — but the WSJ missed a deeper and more long-term dynamic at play. → Read More

posted yesterday

Disney Video Launches In Beta, Bringing Kid-Friendly Clips And Trailers To All Your Devices

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There’s a new product that just came out of Disney Labs — a video portal for clips, movie trailers, and even a collection of curated YouTube videos, all designed to be watched online or on any of your mobile devices. The new Disney Video site, located at video.disney.com, combines the best of Disney past and present, with a whole lot of content that might not be found anywhere else.

It’s too early to know too much about the site — we spotted after it was announced on Twitter by Henry Work, Senior Software Engineer for Disney Interactive Labs, and have a request out for more information. But at first glance, it seems like a pretty cool example of what a major media company can do with a huge library of content that it hopes to bring to multiple platforms and devices. → Read More

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Palantir Technologies Nabs $56M In New Funding, SEC Filing Shows

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Palantir Technologies, the big data analysis company founded in 2004 by a team of ex-PayPal employees including Peter Thiel, has raised $56 million in new funding, according to a document filed today with the Securities and Exchange Commission.

This is by no means Palantir’s first go-round with venture capital investors. This is the company’s 7th round of funding, according to our records. → Read More

posted yesterday

Sleepover Time! All-Night Hackathon Precedes Facebook IPO At Headquarters

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Carrying on in the esteemed tradition of Facebook hackathons, there will be an all-nighter at the company’s Menlo Park headquarters that culminates with CEO Mark Zuckerberg ringing in the NASDAQ bell ahead of the company’s much, much, much anticipated IPO.

There is an internal event page for the big day that has about a thousand Facebook employees RSVP-ing for the bell ringing early on Friday morning. We can’t tell if there are any other big festivities prepared ahead of time. It’s all up in the air. Some people may dress up though. We don’t know if the gong will be used. Zuck will probably give some remarks as he has ahead of other hackathons. → Read More

posted yesterday

How Personal Capital Wants To Bring Money Management Into The Internet Age [TCTV]

Personal Capital, which launched last year, provides a suite of software aimed at helping people manage all their personal finances — no matter where they are — through one central suite of web and mobile apps. Earlier this month Personal Captial was named “Best In Show” at the FinovateSpring, a conference in San Francisco focused on all things financial and technology related, so it certainly seems to be onto something big.

So when Personal Capital put out its first iPhone app last week, we asked CEO Bill Harris and product VP Jim Del Favero to stop by TechCrunch TV and give us a hands-on look at the service. → Read More

posted yesterday

Why The Internet Doesn’t Make Us Care More About Politics

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American politics used to be fun: frequent political carnivals in the 19th century would mix parties, parades, and political speeches in an endless stream of local civic life. As a result, America had an astonishingly high turnout, between 70-90%, in presidential and local elections. Yet, the Internet has never quite captured the emotional gravity of real-life engagement, and keeps tripping up multi-million dollar campaigns designed to inject life into an otherwise passive electorate.

For example, take two technology initiatives that were widely predicted to dramatically increase democratic engagement: Obama’s 2008 campaign and Americans Elect. Despite the hype, Barack Obama’s juggernaut of a online campaign only boosted youth turnout by a meager 2%. → Read More

posted yesterday

It’s Time For A Larger iPhone

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The Wall Street Journal reported this morning that Apple is currently ordering larger screens for the next iPhone. With the usual nonsense, the WSJ cited people familiar with the matter and stated these screens measure at least 4-inches diagonally. Production is set to begin next month, they say.

The Journal better be right, though. A 3.5-inch screen is just too small now. At this point to say anything to the contrary is pure fanboi nonsense. The standard argument that consumers don’t want a large phone is tired and overused. Besides, it’s effectively proven wrong by the 20 million Galaxy S II phones sold by Samsung last year. It’s time for a larger iPhone. → Read More

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posted yesterday

More Google+ In Gmail: Improved Circle Integration, Circle Search and Quick Access To Contact Details

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The folks over at Google just love their Google+ social network and more and more Google+ features have been creeping into Gmail lately as well. Today, Google is bringing even more of Google+ to its email client. With today’s update, Google is especially focusing on adding a deeper integration with Google+ circles. You will now, for example, see profile photos from people in your circles when you select a circle in the left sidebar. You can click on those images to search for email from a specific contact. In addition, if you really take your Google+ circles seriously, you’ll be happy to hear that you can now use circles as search filters in Gmail as well. Say you want to just see emails from your “friends” circle, you can just type circle:friends to find them. → Read More

posted yesterday

Bitly Kinda Says It’s Not Raising $20M, But Sorta Hints That It Is

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Is link shortener Bitly raising $20 million in new funding? The Verge says it is. In response to my email, a company spokesperson denied The Verge’s story, but in vague enough terms that it could probably turn around and announce a new round in the next few weeks or months.

Here’s what the spokesperson told me:
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posted yesterday

Viacom Gives Up Fight Against Time Warner Cable, Adds Channels to TWC iPad App

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Customers of Time Warner Cable have some reason to rejoice today, as the cable company has gotten the go-ahead to add channels like MTV, VH1, and Comedy Central to its live streaming iPad app. The addition of those channels comes after both Time Warner Cable and the networks’ owner, Viacom, have settled their differences and resolved litigation around the app.

The legal fight erupted last year, after Time Warner Cable released its streaming iPad app, which lets subscribers stream live shows to tablets inside their homes. While many networks grumbled about the app, Viacom was most vocal in rejecting the app, taking its distribution partner to court over whether or not it had the right to stream to other devices. → Read More

posted yesterday

How Many Daily Downloads Does It Take To Reach The Top Of The App Store? [Updated]

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It’s hard to underestimate how important ranking in Apple’s top 25 in the iTunes store is for mobile app developers. After all, the top 25 is what one of the most important app discovery mechanisms for iOS users. But how many downloads does it take to make it into the top 25? Mobile analytics firm Distimo today published some interesting data that answer just this question. Turns out, in the U.S. store, the answer currently is about 38,400 daily downloads for free apps and 3530 for paid apps. To rank in the top 25 per category, of course, takes significantly fewer downloads, with games unsurprisingly being the most competitive category. It takes 25,300 daily downloads to rank in the gaming top 25 for free apps and 2280 downloads for paid apps. → Read More

posted yesterday

Third Pivot’s The Charm? Events Site Ravn Becomes Flash Sales Site Touch Of Modern

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No one ever called a limit on the number pivots a company can do, right? So here’s the latest at a company we’ve been watching for a while now. RAVN, an event planning and sharing app that itself was the product of a pivot from the developers behind “experiences marketplace” Skyara, has sent a letter out to its users telling them that the app is getting shut down at the end of this month. In RAVN’s place, the founders are starting up yet another business — their third — also loosely based around events but with a decidedly more commercial bent: a design flash sales site called Touch of Modern.

“After two years of building a new marketplace for experiences, we have decided that it is time to close down RAVN. The website and mobile app will completely stop working by the end of the month,” the RAVN team wrote in the note to users. → Read More

posted yesterday

Forrester: 32.1 Million U.S. Households Now Access Online Video On Their TVs

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Almost 115 million households in the U.S. currently own at least on TV set and 36 million own four or more. That’s a huge market and as Apple, Google and Microsoft try wrestle more of this business away from the traditional content and hardware players, the old-school cable and satellite providers now suddenly have to content with this new group of challengers that, until now, barely registered on their radars. According to Forrester analyst James McQuivey, it’s Microsoft that’s winning this platform war so far. → Read More

posted yesterday

Funny Or Die Gets Strategic Investment From Turner, Looks To Accelerate Growth

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Independent online video company Funny Or Die is about to get a lot of help from a traditional TV company, as it’s struck a strategic partnership with Turner Broadcasting to collaborate on multiplatform video content. As part of the deal, Turner is taking a small minority stake in Funny Or Die — terms of which have not been disclosed.

“We’re at an inflection point with digitally distributed video,” Funny Or Die CEO Dick Glover told me by phone. He says that as a result, the timing of the deal is poised to coincide with that inflection point and catalyze further growth for Funny Or Die. → Read More

posted yesterday

Office Hours At TC Disrupt This Year Will Be All About Design. Apply Now.

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One of the most memorable moments of TechCrunch Disrupt NYC last year was office hours with Paul Graham, who is the heart and co-founder of Y Combinator. We are doing it again this year. But because Graham is back in Silicon Valley with a newborn baby, we’re doing it in a slightly different way.

Over the past few years, we’ve heard that it’s not only hard to find engineers. It’s hard to find great design talent. And if Apple’s still unbelievable and mind-boggling rise over the last 15 years shows anything, it’s that design matters. Design and simplicity made the difference between Instagram and every other photo-sharing app. It revived Path. It made Square stand out among all of the other credit card readers. So we’re changing Office Hours to focus on design. Design Office Hours will be held on-stage at Disrupt NYC on Wednesday, May 22nd, from 11:55am to 12:30pm. Just like we did last year at New York during Disrupt, six companies will be chosen from the completed applications below to spend time on-stage with some talented design experts. → Read More

posted yesterday

Electric Imp Raises $7.9M From Redpoint & Lowercase Capital To Power The Internet of Things

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One trend we’ve been tracking is the “Internet of Things” — the idea that at some point, all devices will be intelligent and connected, allowing for things like whole home automation. The problem is that most new systems equipped to connect to the Internet are reliant on proprietary software and hardware usually tacked on by the vendor. So whatever devices do come to market Internet-ready tend to be overly expensive, and don’t play well with others.

That’s where Electric Imp comes in. The startup was founded on the premise of decoupling all the connectivity and intelligence for these connected systems from the devices themselves, and instead, letting those applications be powered by a tiny chip, lovingly called an “Imp.” → Read More

posted yesterday

Google Just Got A Whole Lot Smarter, Launches Its Knowledge Graph

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Today, Google is launching  one of its most ambitious and interesting updates to its search engine in recent months. Starting in a few days, you will start to see large panels with additional factual information about the topic you were searching for take over the right side of Google’s search result pages. The panels are powered by what Google calls its new “Knowledge Graph” and they will serve two different functions. Google will use this space to show you a summary of relevant information about your queries (think biographical data about celebrities and historical figures, tour dates for artists, information about books, buildings, animals etc.) as well as a list of related topics. In addition, Google will now allow you to clarify what exactly you are looking for and will use these boxes for disambiguation. Thanks to this, you will soon be able to tell Google you were looking for the L.A. Kings ice hockey team and not the Sacramento Kings when you searched for ‘kings.’ → Read More

posted yesterday

Smarsh Acquires Former TC50 Finalist Perpetually, Founder Thanks NY Tech Scene

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Disrupt alumni never cease to impress. TC50 finalist Perpetually and its web archiving technology have been acquired by Portland, Ore.- based Smarsh.

Though the news hit the Web yesterday, we’re told the acquisition occurred earlier this year. Given Smarsh’s pedigree – which also specializes in archiving digital content, including IM conversations, social media interactions, and email – archiving sites as they change and update is only a natural step forward for the company. Details of the transaction were not disclosed. → Read More

posted yesterday

Pearson Buys Certiport For $140M To Beef Up Its IT Testing Business Globally

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Pearson, the educational publisher, today made a move to beef up its international professional IT testing business: it announced that it is buying Certiport, a developer, marketer and distributor of certification exams and practice tests for IT and digital literacy skills, for $140 million in cash from the private equity firm Spire Capital Partners.

The deal will give Pearson’s VUE unit, where Certiport will sit, much further reach into the retail distribution of testing services in markets outside of the U.S. and UK: Certiport currently sells its certifications and assessments through a network of 12,000 testing centers operated by 70 partners in 150 countries, serving the range of skills in the world of IT. In all, it delivers 225,000 exams in 27 languages every month, and generated revenues of $48 million in 2011.
→ Read More

posted yesterday

Internet M&A Deals Down 55% Year-Over-Year, Thanks To Tech IPO Boom

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Facebook’s eight year history is famously speckled with a number of buyout offers from the likes of Yahoo, Google, and Microsoft. But each time, founder Mark Zuckerberg opted to keep his company independent — against the advice of many.

According to new data out of global accounting powerhouse PricewaterhouseCoopers (PwC), a number of web companies are opting to go the same route: Merger and acquisition (M&A) deals are taking a backseat at the moment, as more web companies are setting their sights on the possibility of an IPO. → Read More

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CLEO Communications — Received $3.5M in Unattributed funding from Peterson Partners
5.16.2012
CLEO Communications — Company added to CrunchBase
5.17.2012
5.16.2012
Compliance11 — Acquired by Compliance11, Inc..
11.15.2012
Compliance11 — Acquired by Compliance11, Inc..
11.15.2012
Certiport — Acquired by Pearson for $140M.
5.16.2012
5.16.2012
5.16.2012
Pixboom — Acquired by Thinglink.
5.9.2012
CLEO Communications — Received $3.5M in Unattributed funding from Peterson Partners
5.16.2012
Sonitus Medical — Received $25M in Series D funding from Abingworth
5.15.2012
Emme E2MS — Received $2.6M in Unattributed funding
5.16.2012
Vox Mobile — Received $7.5M in Unattributed funding from Edison Ventures
5.16.2012
DICOM Grid — Received $5M in Series B funding from Canaan Partners and CHL Medical Partners
5.16.2012
5.16.2012
Abingworth — Invested in Sonitus Medical.
5.15.2012
Edison Ventures — Invested in Vox Mobile.
5.16.2012
Michal Skrzynski — Invested in Positionly.
5.16.2012
Point Nine Capital — Invested in Positionly.
5.16.2012
CLEO Communications — Company added to CrunchBase
5.17.2012
Certiport — Company added to CrunchBase
5.17.2012
Sonitus Medical — Company added to CrunchBase
5.17.2012
Intuitive Biosciences — Company added to CrunchBase
5.17.2012
Mercury Payment Systems — Company added to CrunchBase
5.17.2012
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