February 25th, 2010

No new Wii ‘any time soon’ says Nintendo

Don’t expect new console hardware from Nintendo in the near future. When asked “When do you think it’ll be time for new hardware?” in a recent interview with Gamespot, Nintendo’s Cammie Dunaway replied, “I don’t think it’ll be any time soon because even though our installed base is, at this point, 5 million households larger than the PS2 installed base was at the same point in its lifecycle, it still has a lot of room to grow.” → Read More

February 25th, 2010

Rent The Runway Raises $15 Million For The Netflix For Couture

Rent The Runway, a Netflix for designer clothes, has raised $15 million in funding according to an SEC filing. The startup does exactly what it’s name indicates: it allows anyone to rent designer clothes for a fraction of the price.

Once you pick a design on the site that you’d like to wear, you can schedule a delivery date. Rent The Runway will send two sizes, to ensure that you receive a dress that fits. Rentals on the site run from $50 to $200 for a four night loan, or 10% of the retail price. According to the New York Times report, Bain Capital Ventures provided seed financing for the startup. It appears that Rent The Runway raised $1.5 million according to a previous filing. → Read More

February 25th, 2010

gWallet Launches New Format For Virtual Currency Offers; Eyes International Expansion

gWallet, a recently launched company that partners with both brands and game developers to bring users virtual currency offers, is launching a new format for offers. Called the Brand Bar, the offers to earn virtual currency appears in a bar across the top of a social game.

gWallet says that the conversion rate of users who choose to pause and leave a game to earn virtual currency is so low, that offers and advertisements need to be engaging. According to the startup, only two to four percent of users choose to pause and leave the game in order to access offers and branded engagements. With the Brand Bar, gWallet says that its offers are places in a way that allows the advertisements to become part of the in-game experience. → Read More

February 25th, 2010

Some Gmail Features Matriculate, Others Flunk Out

Gmail is known for launching a plethora of nifty little features through Labs that make the email platform more attractive and easy to use. In total, Gmail Labs has 60 features that can be turned on and off and is steadily adding more enhancements. Yesterday, Google announced that six features will be graduating from Labs and will become regular features of Gmail. And Google will also be retiring five features. The decisions were made based on usage and user feedback. Here are the graduating and retiring features: → Read More

February 25th, 2010

TradeShift Launches To Disrupt The Financial System – And Morten Lund Is Advising It

One of the most potentially disruptive startups of the last ten years is emerging into the light this week. And I honestly don’t say that lightly.

Christian Lanng, a former builder of deep e-commerce and security services for the Danish government is co-founder of TradeShift along with a very hard-core team which includes John Bosack who created XML, who is on the board.

But what is perhaps most startling is the re-emergence of early Skype investor Morten Lund on the project. Lund was made famous in tech circles both for his early Skype investment but also for going personally bankrupt two years ago.

TradeShift, which has been operating under the stealth name of Porta till now, is aiming at a very, very big target.

It wants to disrupt how banks and credit card companies process payments between any kind of business, and use the Internet to do it. → Read More

February 25th, 2010

zForce touchscreens from Neonode

Anyone remember Neonode? Apparently we do, but not very well. Anyway, these guys are back with a range of touchscreen panels called zForce. These pads range from 5 to 13 in. widescreen models, and are supposed to have plenty of advantages over current resistive and capacitive panel systems. Well that certainly sounds enticing, doesn’t it? → Read More

February 25th, 2010

Watch Obama Debate Healthcare Today On C-Span CitizenTube

President Obama is going to debate the Republican detractors of his healthcare reform proposals at the big healthcare summit in Washington today. (Democratic Congressional leaders will be in attendance as well). This is not a closed-door meeting. Far from it, Obama wants to put the opponents of his healthcare plans on display in front of the American people?

But who is going to be watching C-Span or CNN or Fox at 10 AM (Eastern Standard Time) in the morning. We’re all supposed to be working. And frankly, healthcare debates put most people to sleep. But if you want to secretly slack off and even throw some questions to the politicians at the healthcare summit, you can watch it live from your computer on YouTube’s CitiizenTube → Read More

February 25th, 2010

AllRecipes Launches New iPhone App; Planning Cooking App For iPad


Cooking and recipe community Allrecipes is launching a new iPhone app for pro users today, called Dinner Spinner Pro. The app, which costs $2.99 in the App Store, allows users to access the complete Allrecipes.com recipe library, add recipes directly to personal Recipes Boxes, create interactive shopping lists, and more.

Allrecipes launched a free iPhone app last year which has seen 2.8 million downloads. Based on the popularity of this app and requests by users to be able to save recipes, Allrecipes decided to launch a paid version with additional features. Cooks on the go can locate recipes, save recipes to personal Recipe Boxes, rate recipes, share recipes and upload mobile images to Allrecipes. The app also includes a shopping list feature which aggregates ingredients across recipes and allows users to virtually check off items while shopping. → Read More

February 25th, 2010

Panasonic's new "Stereo D-Dock" is slim, supports iPhones and iPods

Panasonic in Japan has announced [JP] a new stereo system today, the D-Dock SC-HC40. The device is just 69mm thick at the thinnest part but integrates a speaker plus digital amplifier (20W×2ch(6Ω)), a CD player, an AM/FM tuner, an SD/SDHC/SDXC memory card slot, and a “sliding door” (Panasonic). → Read More

February 25th, 2010

Home-sized fuel cells are on the way

If you thought solar panels were too expensive to put on your house, wait ’till you hear this one. Bloom Energy, a clean energy start-up in Silicon Valley, said “Hello world” yesterday, unveiling a rather revolutionary solid oxide fuel cell unit. If all goes to plan, it should be able to put your house completely off the grid. There’s a 60 Minutes spot after the jump. → Read More

February 25th, 2010

Placecast Debuts Location-Based Mobile Marketing Technology ShopAlerts


For brick and mortar retail shops, the biggest challenge right now is actually getting foot traffic in their stores. Earlier this week, The New York Times reported that retailer North Face is attempting to bring people into their stores by sending them text messages when they get near their retail outlets. That technology, called ShopAlerts, is powered by location-based advertising startup Placecast and is launching today as a full-fledged marketing service for retailers.

Here’s how ShopAlerts works. Consumers can opt-in to receiving text messages in a variety of ways—at the store, online, via text-message, mobile websites or on Facebook. Once the technology has been activated, consumers will be alerted when they are near a location that they are interested in or when the brand is offering sales and specials. ShopAlerts’ technology uses “geo-fences,” which are virtual boundaries that can be targeted via location-based marketing. Retailers can customize alerts to fit their brand and strategy. On the consumer side, ShopAlerts will only send maximum number of 3 messages within a given week from a retailer. And users can opt out of the program by texting “stop” back to a text message. → Read More

February 25th, 2010

Palm Says Revenue Will Be Lower Than Expected, Cites Slow Sales

Handset manufacturer Palm has updated its guidance this morning, indicating that revenues for the quarter and full year will be “well below its previously forecasted range of $1.6 billion to $1.8 billion”. The company expects that revenues for the third quarter of fiscal year 2010 will be in the range of $285 million to $310 million on a GAAP basis.

In a statement, Palm says disappointing sales are due to “slower than expected consumer adoption” of its products, resulting in lower than expected order volumes from carriers and the deferral of orders to future periods. → Read More

February 25th, 2010

World of Good Sells Brand And Assets To eBay, Wholesale Division To GreaterGood

World of Good, a five-year old venture that connects artisans from developing communities with mainstream retail markets, has been working with eBay for the past few years, with the ecommerce giant essentially powering the company’s multi-seller marketplace for socially and environmentally responsible shopping.

This morning, World of Good announced that it is selling its wholesale division to GreaterGood/Charity USA, while eBay has moved to fully acquire its main brand and related assets. The terms of neither transaction were disclosed. → Read More

February 25th, 2010

91% Of iPhone Users Would Recommend Device Vs. 69% Of webOS Users: AdMob

AdMob, the mobile advertising network currently being acquired by Google, this morning featured the latest results of its monthly analysis of consumer usage and attitudes across the Android, iPhone and webOS application platforms in its January 2010 AdMob Mobile Metrics Report.

Among the most interesting things the survey found is the conclusion that 91 percent of iPhone users would recommend their device, compared to 84 percent of Android users and only 69 percent of webOS users. → Read More

February 25th, 2010

LBi And Bigmouthmedia In $150 Million Merger Deal

LBi International, the global marketing and technology agency, is to merge with SEO and Internet marketing specialist bigmouthmedia, creating “Europe’s largest digital agency”.

The deal is deal worth around £100m (roughly $150 million), reports Econsultancy, with the two companies combining “to offer clients digital marketing, consulting and technology services wherever they operate, all under one roof.” → Read More

February 25th, 2010

Video: The Early Days Of Pyra Labs / Blogger (Featuring @Ev Williams)

We got a tip about a video from the same people who made us – and subsequently, you – aware of Biz Stone‘s 2006 video-recorded attempt to explain ‘Twttr’ when the service that became Twitter was still in diapers.

This time, it’s Twitter’s other co-founder, Evan Williams, who appears in a video with developer Paul Bausch, Meg Hourihan, Alberto González and some birds, recorded way back when. → Read More

February 25th, 2010

X90: Pentax updates its X70 digital camera

In March last year, Pentax unveiled the X70, a 12MP “hybrid” digital camera with 24x optical zoom that currently sells on Amazon for $380. And today Pentax in Tokyo announced [press release in English] the successor, the X90. As to be expected, the new model has been upgraded in some areas. → Read More

February 25th, 2010

Daily Crunch: Smashing Movement Edition

SMASH: Electric guitar made just to get destroyed, then recycled Moosshiqk electric motorcycle goes fast, looks silly Electrical vehicle concepts running rampant Researchers trying to find out why baby cries “Magic Flute” audiophile speakers look like jet engines, probably sound amazing → Read More

February 25th, 2010

Google Search Accounts For 9% Of All Pageviews On The Mobile Web: Opera

In their January 2010 State of the Mobile Web report, Opera Software looked at social networking on the mobile Web and concluded that Facebook dominated that aspect by a margin throughout 2009, while Twitter was the fastest-growing.

This month, the company looked at Mobile Web search in the United States, and claims Google is – perhaps unsurprisingly – leading the pack.

According to Opera’s report, Google Search accounts for more than 9% of all page views on the mobile Web in the United States, outpacing rivals Yahoo! and Bing, who respectively command 4.3% and 0.03% of all page views. → Read More

February 25th, 2010

Does Citibank Suffer From Homophobia Or Just A General Dislike For Startups?

I just finished reading a very unsettling blog post by serial entrepreneur Jason Goldberg, whose new startup fabulis has apparently had its bank account blocked by Citibank over posting “objectionable content” on its company blog, at least according to a bank employee he spoke to on the phone.

Fabulis is described on the blog as “the social network that helps gay men connect with amazing experiences nearby and around the world”. Could that be what Citibank is objecting against rather than the content on the blog, which is perfectly innocent any way you look at it? → Read More

Real-Time
Crunchbase

Scan — Company added to CrunchBase
2.23.2012
Jim Pallotta — Invested in Scan.
2.23.2012
Roundarch — Acquired by Aegis Group for $125M.
2.22.2012
AVG Technologies — Went public with stock symbol NYSE:AVG.
2.2.2012
Roundarch — Acquired by Aegis Group for $125M.
2.22.2012
Mykonos Software — Acquired by Juniper Networks for $80M.
2.22.2012
Zone Impact — Acquired by eRecycling Corps.
2.22.2012
SuccessFactors — Acquired by SAP for $3.4B.
2.22.2012
LiteTouch — Acquired by Savant Systems.
2.21.2012
Nomos Software — Received €500k in Unattributed funding from Kernel Capital Partners and Enterprise Ireland
2.22.2012
Integrated Diagnostics — Received $10M in Series A funding
2.22.2012
retickr — Received $1.5M in Series A funding from Lamp Post Group
2.23.2012
Innoveer Solutions — Received $1.9M in Unattributed funding from HarbourVest Partners and Adam Honig
2.22.2012
Jim Pallotta — Invested in Scan.
2.23.2012
Troy Carter — Invested in Scan.
2.23.2012
Start Fund — Invested in Scan.
2.23.2012
Transmedia Capital — Invested in Scan.
2.23.2012
Naval Ravikant — Invested in Scan.
2.23.2012
AVG Technologies — Went public with stock symbol NYSE:AVG.
2.2.2012
Brightcove — Went public with stock symbol NASDAQ:BCOV.
2.17.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
Scan — Company added to CrunchBase
2.23.2012
Vibe — Company added to CrunchBase
2.23.2012
Roundarch — Company added to CrunchBase
2.23.2012
Aegis Group — Company added to CrunchBase
2.23.2012
Nomos Software — Company added to CrunchBase
2.23.2012
Reeli (iPhone App) — Product added to CrunchBase
2.21.2012
CrunchBase