The TechCrunch office pool predicted Vostu would respond to the Zynga lawsuit alleging that Vostu’s entire business is basically to copy every single thing Zynga does in one of two ways. They’d either use the “I know you are but what am I defense,” or just a more straightforward “It wasn’t me” approach.
It turns out they just did both.
Vostu’s statement: → Read More
“Let’s be clear – it is one thing to be inspired by Zynga games, but it is entirely different to copy all of our key product features, product strategy, branding, mission statement and employee benefits lock, stock and barrel. We welcome Vostu into the arena of social games, but blatant infringement of our creative works is not an acceptable business strategy—it is a violation of the law.”… → Read More
Today, Intel Capital announced new investments in eight startups totaling $60 million. Below is each company, along with the size of the round they just raised. (Not all would disclose when I asked during the conference call). And while Intel led most of the investments it was not the sole investor, so the total adds up to more than $60 million. Accertify (fraud management for online… → Read More