If you’re not familiar with Yodlee, they’re the financial services company that developed technology to make back-end aggregation of bank data secure and speedy so that services like Mint.com could be born and go on to be swallowed up by Intuit for boatloads of cash. Founded in 1999, Yodlee now boasts over 30 million users and has raised over $100 million in funding to date. It’s quietly become a… → Read More
Tired of getting nailed with a $35 fee every time you go 10 cents over your balance, but don’t want to outright block overdrafts on your account? Check this out: Bank of America is planning to roll out a new service that’ll send a notification to customers through a text message, prompting them for permission to allow the purchase. → Read More
Did I say online advertising company Adknowledge raised $45 million in venture capital? I did, and they did, but Adknowledge actually secured more than four times as much in total consideration, in a combination of debt and equity financing.
I’m still waiting for someone at Adknowledge to get back to my requests for information, but this morning they publicly announced that they’ve scored $200… → Read More
Sony’s going to have to drop the PS3‘s price by $200 this summer if it wants to be a player in this generation. That’s what a Bank of America analyst says, and who am I to argue with BoA? I like how the analyst calls a $50 price drop “meaningless.” Even the rumored $100 price drop wouldn’t do the trick. The main culprit for Sony’s troubles? A gold star if… → Read More
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