After pricing its IPO at $25 per share a few hours before the market opened, the Russian search giant’s share price jumped close to 40% immediately after its flotation.
The price per share opened this morning at $35, giving Yandex a market cap of roughly $11.2 billion at its debut. That means its value currently far surpasses that of LinkedIn, which went public last week (successfully, too). → Read More
Today, TechCrunch editor Erick Schonfeld sat down with Moat’s Mike Walrath, Facebook’s ad chief Carolyn Everson, Medialets’ Eric Litman and RadiumOne’s Gurbaksh Chahal to address the disruptions in display advertising on social and mobile platforms. On the panel, Everson revealed some interesting information about where advertising on Facebook is heading, particularly with brands.
Everson, who… → Read More
Exclusive – Mobile communications startup fring, fresh off the heels of launching group video calls for smartphones, has raised a Series C round of financing from existing investors, TechCrunch has learned.
The amount that was raised is actually not being disclosed, but sources close to the company tell us that fring secured another $10 million in venture capital, bringing its total of funding… → Read More
The second day of TechCrunch Disrupt NYC just kicked off with a bang as Y Combinator cofounder Paul Graham sat down with world-renowned interviewer and journalist Charlie Rose. The topic of conversation: what is Paul Graham looking for when it comes to identifying the people who are most likely to succeed?
Graham says that when people come to him and say they’ve got a great idea, his first… → Read More
Brightcove is no longer just for videos. Starting today, it is launching an entire new product line for making mobile and web apps called Brightcove App Cloud. Developers will be able to use App Cloud to create their apps once and then deploy them to the iPhone, iPad, Android phones and tablets, and beyond. It creates HTML5 apps as well as mobile touch websites, and it is not limited to video… → Read More
Israeli startup Siano Mobile Silicon, a developer of mobile digital TV receiver chips, has just raised a $20 million in funding led by Jerusalem Venture Partners. This brings the startup’s total funding to $95.5 million.
Founded in late 2004, Siano develops and markets silicon semiconductor chips for reception of digital TV on mobile, portable and hand-held devices. The company’s chips are mainly… → Read More
Yesterday, Mike broke the news on stage at Disrupt that SV Angel is doubling down with Yuri Milner once again to invest in all willing Y Combinator grads. Today, SV Angel is announcing another partnership, this time Ron Conway & crew are looking east. SV Angel and Lerer Ventures– which also announced a new fund yesterday– will announce today that the two are entering a formal partnership to… → Read More
Opera Software makes some damn fine browsers, as tens of millions of people around the world can attest. Apple products like the iPhone 4 and the iPad, of course, come with a decent mobile version of Safari, so users only get to enjoy Opera’s products when they actually visit the App Store and look for a replacement browser.
Nevertheless, when the Opera Mini iPhone app hit the marketplace back in… → Read More
If you’re not at TechCrunch Disrupt, you’re missing out. I mean even MG flew in all the way from Iceland to finally get here. But incase you are stuck at ugh, work we’ve embedded the livestream above.
You can also follow along by tracking the #TCDisrupt hashtag on Twitter or you know, reading TechCrunch. So what are you waiting for, Disrupt! → Read More
If you’re a Sonos fan you’ll be happy to know that MOG, the music streaming service that competes with sites like Spotify, Rdio, and Pandora, has just hit the list of Sonos sources. It is, in short, a double rainbow of music goodness. They’re offering all Sonos users 14-day free trial and new users can get 20% off Sonos bundles with MOG access. You can check it out here.
The service is available… → Read More
Yandex, one of the leading Internet companies in Russia, this morning announced the pricing of its initial public offering of a little under 52.2 million Class A ordinary shares at $25.00 per share.
The shares will begin trading later today on NASDAQ under the symbol “YNDX”.
The company is thus raising a little over $1.3 billion, and has granted its underwriters a 30-day option to purchase… → Read More
Japan-based Ubiquitous has developed [JP] a power strip with a built-in Wi-Fi module. Dubbed iRemoTap, the strip allows you to do two things: you can track which of the connected devices consumes how much energy on a PC or cell phone in real-time, and you can turn on or off each of these devices remotely. → Read More
This Tape Dispenser Is Likely Not TSA Approved Livescribe Releases Connect, Puts Ink In The Cloud Government-Mandated Black Boxes In Your Cars? Why Not? Fan + Umbrella = Fanbrella (Video) The TechCrunch Disrupt NY Drinking Game: Day One → Read More
Word has been circulating for weeks now that Twitter was soon to be swooping up the popular third-party app, TweetDeck. In early May, Mike Arrington reported that the deal was as good as done, but the two companies were not yet willing to publicly release the numbers. Today, CNN and CNET broke the news that TweetDeck has been acquired by Twitter for $40 million. Twitter has yet to officially… → Read More
Jeff Jarvis is the creator of Entertainment Weekly, a San Francisco Examiner columnist, the Associate Publisher of The Daily News, and a consultant to new media companies — in other words, a veteran of the old school and a proponent of the new. Jarvis took to the stage today at Disrupt NYC for some banter with TechCrunch Big Kahuna Mike Arrington. The two writers talked about their past… → Read More
Never get into a fight with people who have more expensive lawyers. Lodsys, the patent trolls trying to make people license a dubious feature based on in-app sales, received a letter from Apple’s wolverine-like lawyers asking them to cease and desist asking for developers for money. They write:
Because I believe that your letters are based on a fundamental misapprehension regarding Apple’s… → Read More
At first, the idea of a federal-level requirement for electronic “black boxes” for your cars sounds a bit Big Brother-ish. But in fact, many cars already include such devices, and there is confusion resulting from different data recording methods, law enforcement needs, and so on. Some may see a slippery slope ending in dash cameras and GPS logging, but others see the potential for… → Read More
Just a few days after the BlackBerry PlayBook’s one-month birthday, the nation’s top two carriers are still pretty ambiguous in their adoption of the device. AT&T has yet to approve the BlackBerry Bridge app, which turns the tablet into a portal to any BlackBerry smartphone and allows users to access email, contacts, and calendar apps, three things missing (in native form) on the PlayBook. → Read More
Symantec, the computer software security giant, has announced that it will be acquiring enterprise-class eDiscovery management platform maker, Clearwell Systems for $390 million.
Symantec is probably best known for its widely proliferated (perhaps even ubiquitous) Norton security products, but of late it has been making a play at eDiscovery platforms, a strategic move, considering Gartner values… → Read More
Our first batch of Startup Battlefield presentations is available for you to watch. Click on through for the “Disrupting Search and Discovery” range of companies and let them shock you with their brash disregard for search paradigms. The companies in this group are Do@, Rexly, Weotta, Skylines, and Deja.
Check out all the videos inside, with handy executive summaries and links to the original… → Read More
The TechCrunch Disrupt Startup Alley audience choice winner today is Happy Toy Machine, which allows you to design and create plush toys online.
The site allows adults and children to customize their plush toys by colors, size, body parts, shape, type, build and more. When you are satisfied with your design, you can actually have your creation built and sent you. It’s sort of like the… → Read More
My Mom meticulously scans every credit card, cable or cell phone bill to ensure that no errors have been made or hidden fees have been issued. I, on the other hand, don’t have the time or the patience to do this. And I’m sure along the line, I’ve been overcharged or scammed in some way. BillGuard, a startup launching to the public today at TechCrunch Disrupt, aims to alert users of unwanted… → Read More
Wandering around here at TechCrunch Disrupt New York, we came across a particularly interesting iPhone 4 add-on from Kogeto, in collaboration with Kickstarter. It’s called Dot, and it will totally change your perspective on mobile video, literally. The Kogeto Dot is a panoramic lens that captures 360-degree video, without sacrificing style or portability. This add-on from Kogeto comes in a… → Read More
Sticking to a budget can be a challenge no matter how big or small your income is. While Mint.com gives you access into where your money is going, it doesn’t incentivize or motivate you to stick to a budget. Enter Spenz, a startup launching at TechCrunch Disrupt today, is launching a proactive way for a younger generation to track where they spend all of their money and provides incentives and… → Read More
Finding a new hair stylist in a city is a challenging and very important task. For me, I happen to be very particular about how I like my hair cut, styled and highlighted. While Yelp provides a database of reviews for some hair salons and spas, Yelp’s salon pages don’t allow me to book an appointment, see pricing, or access more information about the stylists themselves. Enter StyleSeat, a startup… → Read More
When it rains, it pours. Sony, in the midst of repeated hacks and still staggering from the earthquake in Japan, has subtracted some deferred tax assets from the bottom line, leading to a massive ~$4 billion downward revision of its yearly income through March.
It’s important to note that this isn’t all, or even mostly, attributed to the highly publicized PSN hacks. The great majority of the loss… → Read More
Pitchero, the UK startup that makes it easy for amateur and semi professional sports clubs to build their own web presence with social networking features, has seen a major revamp and with it is announcing a milestone of 1 million monthly unique visitors.
In addition, the network, which aggregates and links those club websites and user profiles via sport, location and competition, houses 4,000… → Read More
Twitter just sent out a Tweet notifying users that starting today, the startup is “rolling out an email notification that lets you know if someone you follow retweets or favorites one of your Tweets.”
Users currently receive email notifications when they receive a new followers and when they are sent direct messages. Emails notifying you of retweets and favorites, while convenient, seems like it… → Read More
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