• Motorola Hopes for 800,000 Xoom Sales Before Summer

    Motorola’s Android 3 tablet, the Xoom, will be shipping sometime later this year, and Motorola has high hopes for it. It has ordered as many as 800,000 units from its suppliers in Taiwan, and may even raise its expectations to a million sold in the first quarter of 2011. Read More

  • Xoom Raises $20 Million Series E

    International payments processor Xoom has raised $20.29 million Series E in a round led by DAG Ventures and joined by previous investors Fidelity Ventures, New Enterprise Associates and Sequoia Capital. Xoom’s international payments platform allows users to transfer money to overseas accounts; think Western Union without the excessive fees, and you can use funds in your PayPal account… Read More

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