Back in June of last year, a report in The Washington Post stated that the U.S. Department of Justice had begun a probe looking into the hiring practices of some of tech’s biggest companies. The probe was at its early stages at that point, but they were specifically looking into if any companies had agreements in place not to recruit one another’s workers. In August of last year, we reported… → Read More
Disruption happens. If you are a startup, you try to be the disruptor. But what if you are an established company with billions of dollars in revenue? Then you try to create a culture of innovation that rides the wave of change before it leaves your company behind. The trick is to know when to catch that wave. Next week at TechCrunch Disrupt, Intuit founder Scott Cook and GE’s senior vice… → Read More
It looks like Intuit just acquired Cha-Ching, a Mac web app and iPhone app to help consumers manage their personal finance. According to the site of Midnight Apps, the developer of Cha-Ching, “The Cha-Ching team has merged with Intuit and will continue to provide you great design, useful features and incredible products as part of the Intuit Personal Finance Group.” See update below.
Cha-Ching… → Read More
Quicken Online users have known for some time that the product they love would be terminated this year. With the shiny new Mint.com acquisition on board it was only a matter of time before they figured out that one of the two competing products would have to go. The thought was to merge the best features of both into one new product.
By February that idea had been changed. The new plan was to… → Read More
Nobody likes doing their taxes, which is why an upcoming iPhone app from Intuit called SnapTax is so genius. As you can see from the exclusive sneak peek demo video below, the app lets you snap a picture of your W2 form with your iPhone and automatically fills in your tax return. The app uses optical character recognition (OCR) technology to translate the images into words and numbers, which it… → Read More
We track a lot of acquisitions on CrunchBase. At the beginning of 2009, acquisitions were at a standstill. But as the economy begrudgingly roused itself from recession, the deal flow started to pick up in the summer, and then rebounded more in the third quarter. There are still a couple weeks left in the year, and a lot can still happen, such as Google buying Yelp for more than $500… → Read More
Yesterday, Intuit closed on its previously announced $170 million acquisition of personal budgeting site Mint, making Mint founder and CEO Aaron Patzer the new vice president and general manager of Intuit’s Personal Finance Group. He is now in charge of not only Mint.com, but also all of Quicken’s online and desktop products. What will his first order of business be? I spoke to him today to… → Read More
A lot of people at Adobe weren’t all that happy when YouTube was acquired by Google for $1.65 billion in 2006. After all, YouTube was just a pretty front end to the core Flash web video technology created by Adobe. YouTube got rich. Adobe got peanuts.
Mint, which sold to Intuit earlier this week for $170 million, is Yodlee’s YouTube. That’s because, like YouTube, the core technology behind Mint… → Read More
Intuit will acquire the free online personal finance service Mint, we’ve confirmed from a source close to the deal, for around $170 million. Silicon Alley Insider first reported a rumor on this. The deal should be announced in the next few days.
Update: CEO Aaron Patzer has just confirmed the deal on-stage at TechCrunch50, and written a guest post describing The Value of TechCrunch50 that… → Read More
Personal finance tracking site Mint.com added a bunch of new budgeting and trending features today. Mint presents consumers with a financial dashboard based on spending and income data from their bank, credit card, and other financial accounts. It expanded its charts to include spending over time, income history, asset allocation, and net worth over time.
You can now plan for irregular expenses… → Read More
Intuit, the company that makes personal and small business software, has launched a new capability called “Federated Applications” that allows SaaS developers to write their applications using any programming language and cloud platform and connect them to the Intuit Partner Platform. Intuit’s Partner Platform provides a foundation for developers to build and deploy apps that can be integrated… → Read More
Intuit, the company behind the well-known Quicken suite of money management software that includes Quicken Online, can’t believe how well its competitor Mint is doing. In fact, they were so bewildered by Mint’s claims of gaining 3,000 new users a day and jumping from 600,000 to 850,000 users in a matter of months that they decided to send a threatening letter demanding an explanation for this… → Read More
BlackBerry and iPhone users are getting a mobile version of Quickbooks. The new app from Intuit allows users to view real-time financial data. Beyond compulsively checking credit card and account balances, biz owners can also browse vendor, customer and employee date. Expanded features also include some basic accounting allowing users to track income and expenses. With all these features, now… → Read More
Trackvia provides software as a service for transforming ordinary spreadsheets into versatile databases. The Colorado-based startup has raised its first major round of institutional funding, the amount of which (while not disclosed) is being described as a “typical Series A”. The round’s investors include two VCs out of the Rockies – Flywheel Ventures and Access Venture… → Read More
Intuit wants in on the race to become the platform for enterprise apps in the cloud. It is opening up QuickBase to developers who want to build new hosted Web applications and businesses on top of it. QuickBase has been around for eight years and has amassed 250,000 users. At its core is an online database around which companies can create their own customized enterprise apps for things like… → Read More
Intuit has signed a definitive agreement to purchase Web 1.0 survivor and website provider Homestead Technologies for $170 million. Menlo Park base Homestead launched in 1998 as a free web site host targeted at small businesses that competed with the then wildly popular Geocities. Intuit, best known as the creators of the Quicken financial software package said that the acquisition would allow the… → Read More
Google and Intuit are announcing a partnership today at 1:15 pm California time. The meat of it seems to be that they are building Google services directly into Intuit’s QuickBooks, so small business users will be able to list themselves on Google Maps, create and manage advertising campaign with Adwords and post listings on Google Base. There is a conference call at 1:15 with Intuit… → Read More
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