posted 38 mins ago

It’s Official: Yahoo Is Buying Tumblr For $1.1B, Vows To Keep It Independent

Tumblr Yahoo

Yahoo has now officially confirmed that it is buying blogging platform Tumblr for $1.1 billion mostly in cash, confirming speculation that started last week. It says it will keep it as an independent company, with founder David Karp at the helm as CEO. “The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to… → Read More

posted 1 hour ago

Mobile Payment Startup Payvia Buys Mogreet To Add Messaging-Based Marketing To Its Payment Platform

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Some more consolidation afoot in the worlds of mobile marketing and mobile payments: Payvia, one of the many startups working in the area of carrier-based mobile billing, is buying Mogreet, a mobile marketing company that delivers campaigns via text, video and picture messaging services. Terms of the deal were not disclosed — although we have contacted the company to ask. Payvia says that the… → Read More

posted 1 hour ago

Yet Another TechCity Report Confuses Tech Companies With Web Agencies And Consultants

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A new report commissioned by research giant GfK claims that the growth of the high density cluster of technology companies in East London (dubbed Tech City by the UK government) is being “stunted” by a talent shortage and lack of access to capital. The ‘Tech Futures Report’ – commissioned by publishing company TechCityInsider and sponsored by accountant Grant Thornton, recruitment firm Vitamin… → Read More

posted 1 hour ago

Alteryx Raises $12M For Data Analytics Platform That Shapes Data Into Apps

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Alteryx has raised $12 million for its business intelligence service designed for data analysts to build tools out of their own internal data and that from third parties.

The investment comes from SAP Ventures and Toba Capital, a new firm founded by former Quest Founder and CEO Vinny Smith. → Read More

posted 2 hours ago

Mobile Ad Startup Adelphic Hires WPP’s Michael Collins As CEO

michael collins

Adelphic is announcing that Michael Collins (pictured), previously global CEO at WPP-owned mobile marketing agency Joule, has joined the mobile ad startup as its new chief executive. The current CEO Changfeng Wang will remain on-board as CTO.

Wang and his co-founder Jennifer Lum both worked at Apple-acquired mobile ad network Quattro, and they announced last year that they had launched a new… → Read More

posted 2 hours ago

Headcast, A Mobile Broadcast Platform For Celebrities’ & Brands’ Avatars To Talk To Fans, Launches On iOS, Backed By Stephen Fry

Headcast Fry app

There’s no shortage of channels for brands and celebrities to stay in touch with their customers, followers and fans in these socially connected times. Today’s addition to the mix is the launch of broadcasting and animation platform Headcast, which lets brands and celebrities record and push out short voice messages to their audience — accompanied by an animated, virtual avatar. → Read More

posted 3 hours ago

Bloom.fm Is A Mobile-First Music Streaming Service That’s Playing To A Different Tune

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It’s nice to see a startup trying something different and garnering some promising traction along the way. The UK’s Bloom.fm is a mobile-first music streaming service — it currently exists as an iOS app only — that launched four months ago out of the ashes of the deadpooled music social network mflow. → Read More

posted 3 hours ago

Finnish MeeGo Startup Jolla Reveals First Phone: 4.5″ Display, Customisable Shells, $513 Price-Tag, Shipping At Year’s End

Jolla

Jolla, the Finnish MeeGo startup composed of ex-Nokians building their own mobile hardware and Sailfish OS, has finally taken the wraps off its first handset, revealing what the hardware will look like on its website. The design is a clean-looking, elegant slab, with the most stand-out feature being the coloured shell on the back that wraps around half the sides of the phone to create a… → Read More

posted 4 hours ago

YouLike Is A Dating Site That Thinks The Key To Finding Love Is Hate

YouLike-Home

YouLike describes itself as an interest-based social network and dating site that takes into account a user’s dislikes, as much as what they do like, when helping to find like-minded people to friend or date. → Read More

posted yesterday

Singapore’s MediaCorp Invests $40M In Luxury Online Retailer Reebonz

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MediaCorp, one of Singapore’s two largest media companies, has poured $40 million into Reebonz in a deal that values the designer brand flash-sales site at about $200 million. This is the first time that MediaCorp has invested in an online retailer, according to a story on Channel News Asia (a site that is also owned by MediaCorp). → Read More

posted yesterday

Pinterest Launches Pins With More Info And A New Button For Mobile Apps

Pinterest_Logo

Pinterest announced two new features today that will help make the site more attractive to potential advertisers. The first is pins embedded with additional information about products, recipes and movies. The second is a Pin It button that is now available on nine mobile apps. → Read More

posted yesterday

The New “Handmade”

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Amid grumblings of a “general fatigue” when it comes to software-based startups, a potentially transformative technology called 3D printing is poised to reach critical mass and mainstream awareness. Today’s news headlines about the technology tend to focus on the extreme possibilities in being able to print objects on demand – from the terrors of things like a homemade… → Read More

posted yesterday

BrandYourself Upgrades Its Online Reputation Tools With A Full-Service Concierge Feature

brandyourself

BrandYourself is expanding its efforts to take on the big names in the online reputation market (particularly Reputation.com) with the launch of a new version of its service.

The company started out as a fairly simple self-service tool for trying to improve your presence online, for example by creating a website and other content to push down undesirable results when someone Googles your name. → Read More

posted yesterday

What Sets The Google Cloud Platform Apart From The Rest

Sessions — Google I_O 2013

There is a misperception about the new Google Cloud Platform that the company put into general availability last week at Google I/O. It’s not a brand new platform. It’s what Google has used for years. It is Google’s foundation. It is what makes Google, Google. And now it’s open for the first time to developers and businesses.

Google Platform is new in the sense that anyone can now use it. But… → Read More

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posted yesterday

GoogleGlassYearInReview

It’s been a little over a year since Google started teasing something it called “Project Glass.” The futuristic, wearable computer that would change the way that you interact with the world was nothing more than a series of rumors for months before it was “formally introduced” in April 2012. Not known for hardware and not having a current bonafide physical device that… → Read More

posted yesterday

Ziff Davis Is Buying NetShelter/InPowered’s Display Ad Business

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Digital media company and ad sales platform Ziff Davis is expanding its network of properties even further with the purchase of NetShelter’s display advertising business, a well-placed source has informed us. The source couldn’t share exact terms of the deal, but did reveal that InPowered, the product which NetShelter focused on and eventually essentially rebranded to last November, will be split… → Read More

posted yesterday

Hey, Hardware Hackers! There’s A WiFi-Enabled Arduino Now

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Lets say you’ve come up with a brilliant idea for some shiny new piece of hardware. You brush up your coding chops, scratch out a design, and set out to build a prototype.

First, you’ll need a programmable chip to act as the brain. Because of the relatively gentle learning curve and friendly community, you go with the Arduino. The problem: your hardware idea requires WiFi.

Until now, that’s… → Read More

posted yesterday

Google Believes Web Components Are The Future Of Web Development

Web Components

While it was missing the skydiving antics of last year’s event, Google’s I/O keynote last week wasn’t short on product launches. In between the splashy updates to Google Maps, Search, Android and everything else Google announced, the company also briefly talked about Web Components for a few minutes. While Google’s Sundar Pichai noted that it’s still early days for… → Read More

posted yesterday

An Interview With Dr. Joshua Pearce Of Printers For Peace

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Joshua Pearce, PhD, is a researcher at Michigan Tech who rearches open source and low-impact solutions to engineering problems. He is also the founder of the Printers For Peace contest, an effort to bring together clever 3D-printed ideas that have loftier aims. You can win one of two 3D printers if you submit the winning project. → Read More

posted yesterday

Acrobotics Wants To Kickstart Smarter Cities With Its Smart Citizen Environment Sensors

smartcitizen

There’s plenty of buzz about the concept of making our cities “smarter” — that is, loading them up with sensors and data-driven services to improve efficiency and quality of life. Hell, even Google has taken to loading up its event venues with scores of sensors.

Most of the discussion out there deals with how local governments are working toward this lofty, nebulous goal, but a team called… → Read More

posted yesterday

Leaked Memo Shows Barnes & Noble Bringing Web Browser And Email To Simple Touch eReaders In June

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An upcoming update will bring a web browser, email and update store app to Barnes & Noble’s super affordable Nook Simple Touch line of eReaders, which will begin rolling out June 1 according to a source close to the matter who wishes to remain anonymous. The 1.5.0 update was created in response to the positive critical and customer response to the recent Nook tablet update that brought Google… → Read More

posted yesterday

How Cheap Genetic Testing Complicates Cancer Screening For Us All

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Sometimes, more medical information is a bad thing. The influential United States Preventive Services Task Force recommends against most women getting genetic screenings for their susceptibility to breast cancer. Why? Because the tests are imperfect: for every woman who gets tested for genes associated with onset breast cancer, even more will falsely test positive, leading spooked patients into… → Read More

posted yesterday

Android’s Design Principles And The Calculus Of The Human Pleasure Response

android-design

Android UX and interaction design leads Helena Roeber and Rachel Garb gave a talk at Google I/O this year about the Android Design Principles (ADP) they helped create and introduced back in 2012 with the launch of Android 4.0 Ice Cream Sandwich. The ADP foll three simple principles, essentially “enchat, simplify and amaze,” but there’s much more to those principles that that relatively slippery… → Read More

posted yesterday

Iterations: How Tech Hedge Funds And Investment Banks Make Sense Of Apple’s Share Buybacks

Apple Hand

Apple has a good deal of cash. And, in the Valley, the startup ecosystem — for many reasons — wants to see Apple spend that cash. As their cash pile continued to grow as their stock price and market cap soared, Apple’s inability to provide robust software services combined with opportunities to expand their reach through acquisitions has become a fancy parlor game which includes every stripe of… → Read More

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posted yesterday

YahooBoardHasApprovedA$1.1BillionCashDealForTumblr,WSJReports

The Wall Street Journal is now reporting via Twitter that the rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by Yahoo’s board of directors. The Tumblr acquisition was rumored last week, with a price tag reportedly north of $1 billion, which appears to be accurate if the WSJ’s sources are correct. → Read More

posted yesterday

Finding Patterns In The Tableau IPO

tableau

Editor’s note: Glenn Solomon is a partner with GGV Capital. Some of his recent investments include Pandora, Successfactors, Isilon, Domo, Square, Zendesk, Quinstreet, and Nimble Storage.

Stanford-born and Seattle-based Tableau Software (DATA) enjoyed a tremendous debut on the public markets on Friday, closing on its first day of trading at over $50/share, up over 60 percent from its $31/share… → Read More

posted yesterday

Illinois Library Embraces Crowdfunding To Bring Its Patrons A 3D Printer (And A Giant Hulk Statue)

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Retooling the traditional public library for a more technically savvy populace is no small feat, especially when library budgets across the U.S. have been gutted these past few years.

That sad state of events has forced some libraries to take matters into their own hands. Consider the case of the Northlake Public Library in Northlake, Illinois — it wants to give its communinity (and… → Read More

posted yesterday

Former Google Exec Turns Whistleblower On Company’s Tax Avoidance Machinations In The UK

Google Logo 2010

Google is under fire in the UK for its tax practices in the country, and a new key witness (who spoke to The Sunday Times) might put them in deeper hot water when he hands over a reported 100,000 emails and documents to the British Revenue & Customs (HRMC) services. Barney Jones, a former Googler who was at the company between 2004 and 2006, says he has material proof that Google’s London… → Read More

posted yesterday

YouTube Turns Eight As Platform Surpasses More Than 100 Hours Of Video Uploaded Per Minute

youtube-logo

YouTube turns eight years old today, reminding each of us in some odd way how young or old we really are. Remember, the company launched back in 2005, the same year that Michael Jackson was found not guilty of child molestation, and Lance Armstrong was winning his seventh Tours De France, and Arrested Development was still on the air.

A lot has changed since then, but YouTube’s growth remains… → Read More

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May 18th, 2013

DavidKarp’sDilemma

As the Tumblr/Yahoo deal continues to be negotiated by press, and the world gears up for whatever is being announced Monday morning, Tumblr founder David Karp is probably having a very interesting weekend. It’s likely, in between multiple discussions with his board members and Marissa Mayer, that he’ll take a break, like a walk or something, to gather his thoughts. → Read More