(Updates Tesla’s year-to-date stock price change in lead and Musk’s estimated net worth in 10th paragraph.) Tesla Motors is on a pretty good run this year with the stock up 105 percent and a first-ever quarterly profit posted yesterday. That’s...
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Photograph by Ramin Talaie/Bloomberg
Elon Musk, chief executive officer of Space Exploration Technologies (SpaceX) and Tesla Motors.
Elon Musk on Tesla Merger Prospects: Apple Has ‘a Lot of Cash’
What If Amazon Web Services Were a Standalone Business? It’d Be Big
Amazon.com’s little cloud-computing skunkworks project isn’t so little anymore. In fact, if you pull apart Amazon Web Services (AWS) from its e-commerce parent, the seven-year-old cloud division is worth more than two-thirds of the companies in the Standard & Poor’s...
Read more »Eric Schmidt, Jerry Yang Back Posture Gadget in $5M Round
Yahoo! co-founder Jerry Yang and Google Chairman Eric Schmidt may not agree on much, but they do see eye to eye on back pain. Yang and Schmidt, through his investment fund Innovation Endeavors, are joining with Seattle venture capital firm...
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Photograph by Stefan Thomas/EPA
Google is trying to sniff out reporters to participate in its journalism fellowship program.
Google to Fund — Wait for It — Journalism Fellowships
In discussions of the newspaper industry’s seemingly inevitable collapse, Google is probably most often cited as the reason why many people stopped paying for news. As the argument goes, why pay when you can find the information you need through...
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Courtesy Hover
A startup called Hover can create detailed 3-D maps of city streets using aerial imagery and crowd-sourced photos.
Seen Flyover in Apple Maps? Startup Raises $3.1M for ‘Flythrough’ Tool
Of all the things Apple unveiled at its annual developers conference this summer, the Flyover feature of its Maps application, where users zip around a three-dimensional city skyline, elicited maybe the most applause. But what if you could actually fly...
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Photograph by Oded Balilty/AP Photo
Babylon, an Israeli company that makes translation software, plans to go public.
How Do You Say ‘Google Dependent’ in Hebrew?
Babylon, which makes language-translation software, filed for an initial public offering in the U.S. that could raise $115 million for the Israeli company. Revenue is up, thanks mostly to Google. Babylon, based in Or Yehuda, Israel, offers a search toolbar...
Read more »Udacity Raises $15 Million as Money Pours into Online Education
Udacity, the digital university co-founded by artificial intelligence and robotics pioneer Sebastian Thrun, has raised $15 million, joining a crop of online education startups to attract venture capital this year. The financing was led by Andreessen Horowitz and included...
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Photograph by PM Images
Developers of software for helping marketers setup social networking campaigns were hot acquisition targets this summer.
How Long Will This $1 Billion Industry Last?
Between May and July, life was good for companies developing social-media tools for marketers. Acquisitions during that time valued three companies in the industry at more than $1 billion combined. First, Oracle acquired Vitrue in a deal valued at $300 million,...
Read more »Upstart Aims to Crowdfund Entrepreneurial College Grads
Upstart, a new company started by a former Google executive, is unveiling a crowdfunding service to help college graduates pursue their entrepreneurial dreams. By using Upstart, graduates in just about any field can raise capital for their business in exchange for giving up...
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Photograph by Romeo Gacad/AFP/Getty Images
Indonesian staff wear 'Angry Birds' masks to promote the Angry Birds official Facebook launch at a mall in Jakarta in February.
Felicis Ventures Raises $70 Million to Find and Fund Next ‘Angry Birds’
Felicis Ventures, the “super angel” fund founded by early-Google employee Aydin Senkut, has closed a $70 million round of funding that will be used to invest in technology startups including those in the mobile, health and education industries. In the...
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