Courtesy Tap Tap Tap
Twitter executives talked with Tap Tap Tap, maker of the mobile photo app Camera+, about a possible acquisition.
Soon after Facebook agreed to pay $1 billion for Instagram, social networking rival Twitter considered acquiring a mobile photo-sharing application called Camera+, two people with knowledge of the negotiations said. Twitter executives held several meetings with Camera+ developer Tap Tap...
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Photograph by Chris Ratcliffe/Bloomberg
Amazon's outside investments contributed more to the bottom line than its e-commerce operations.
Amazon.com is the world’s largest online retailer, but its outside investments contributed more money to the company’s bottom line in the first quarter than its e-commerce operations. In the three months ended March 31, Amazon made more than half...
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Photograph by Hans Christer Ericson/Nordicphotos/Corbis
Benchmark Capital scored again after Intuit agreed to buy e-mail marketer Demandforce.
The hits keep coming for Benchmark Capital. Following Facebook’s $1 billion acquisition of Instagram earlier this month, the venture firm scored again today after Intuit agreed to buy e-mail marketer Demandforce for $423.5 million. Benchmark, the Silicon Valley firm that...
Read more »For all the hype over the upcoming Facebook initial public offering, companies that serve consumers don’t give investors as good a return as companies that focus on corporate users, according to data compiled by Tableau Software Inc. Companies focused on...
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Douglas Merrill, Google’s former chief information officer, has spent the past two and a half years applying technology to underwriting, with the goal of offering lower-cost loans for the millions of people with poor credit scores. Now he’s ready to help...
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Photograph by Tony Avelar/Bloomberg
Ben Horowitz said the idea to donate half of profits was partly inspired by other venture capitalists who pledged half of their personal income to charity.
Andreessen Horowitz, the venture-capital firm that has backed technology startups including Facebook, Groupon, Zynga and Skype, announced plans today to donate half of the profits made from investments. The firm, co-founded by Web pioneer Marc Andreessen, will give the money...
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Photograph by Jeffrey Coolidge
It's been a good quarter for Hercules Technology, which had four portfolio companies go public and another two get acquired.
The IPO mini-boom that’s sweeping Silicon Valley means big bucks for the venture capital firms that made early bets on billion-dollar companies. How much money each firm is making is guesswork, because as private partnerships, the only people who see...
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Photograph by Dorling Kindersley
Shares of Splunk, a data mining company, nearly doubled on the first day of trading.
It’s a big day for big data. Splunk more than doubled in its Nasdaq debut, giving the 8-year-old company a stock market value of about $3.3 billion. Splunk is among the pioneers of big-data technology, helping businesses take the massive amounts...
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Courtesy Tango
Tango's video calling service has grown to 45 million users since launching in 2010.
Tango, a startup that offers mobile video calling, has raised $40 million from investors including Qualcomm Ventures and Access Industries, the company said today in a release. The service, which lets users make video calls across Apple, Android and Windows...
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Photograph by Phillip Toledano/Trunk Archive
Instagram’s billion-dollar price tag, for some, puts an unbelievable number on the fast-inflating valuations for software makers.
Facebook’s $1 billion purchase of Instagram has prompted much meditation on whether we’re seeing another Internet bubble. Bloomberg View columnist Clive Crook meditates on something else: how the deal is a reflection of the forces of globalization and information technology,...
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