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The Most Worthless Week in Tech
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Monday, January 10, 2011
Bump Taps Into New Funding, Adds Andreesen, McAdoo to Board
Mobile social firm Bump announced on Monday night that it has landed $16 million in Series B funding from investors including Andressen Horowitz and Sequoia. WIth the new investment, Marc Andreessen will be joining the board of Bump as will Greg McAdoo from Sequoia. In a blog post, co-founder David Lieb said the 15-person company now has more than 25 million users for its mobile-to-mobile information-sharing service, which runs on Apple’s iOS and Google’s Android operating systems. “This round of financing solidifies our priorities to build a world-class engineering and product organization here in Silicon Valley,” Lieb said.
Apple may not have been in Vegas, but its legions of followers were. The maker of the Mac and iPhone prefers having the stage to itself, but an entire section of CES was devoted to iStuff. Mobilized toured the show floor and has a video report. Read More »
Shoppers Using Phones to Make Buying Decisions, Survey Says
Mobile phones are increasingly changing the way people shop, according to ForeSee Results, which conducted a study of nearly 10,000 visitors to the biggest e-commerce sites in the U.S. It found that during this holiday season, a total of 11 percent of Web shoppers reported having made a purchase from their phones, compared to only 2 percent a year ago. Users are also tapping into their phones to comparison shop. For instance, 56 percent used them to check prices, and 27 percent used them to read product reviews. While in physical stores, more than two-thirds of mobile shoppers used their phones to visit the store’s own Web site, and nearly half visited a competitor’s site.
Many questions have been raised by consumers’ shifting focus to smartphones and tablet-style PCs. Sanjay Mehrotra seems to like answering them a bit more than Steve Luczo. Read More »
Okay. So iPad magazine apps aren’t going to magically solve the publishing industry’s problems, after all. But that doesn’t mean publishers can’t find ways to take advantage of tablets. Maybe one-off issues, like Condé Nast Traveler’s “Best of Italy,” will work. Read More »
AMD’s looking for a new CEO. Moments ago, the company announced that Dirk Meyer, who’s served in that position since July of 2008, is resigning. Read More »
A cross-licensing agreement brings to an end what could have been an ugly and expensive trial. Read More »
Finally, a Quick Way to Check the Codex Sinaiticus on the Go
Here’s a new app that’s sure to class up the reference folder on your phone. The British Library today released Treasures, a mobile multimedia look at more than 100 prized items from its collections, including the original version of “Alice’s Adventures in Wonderland,” the world’s oldest Bible, hand-painted medieval books, Nelson’s battle plan for Trafalgar and doodles by Leonardo. Truly priceless items–and speaking of price, if you act now, this app can be yours for the low, low introductory price of $1.99 for the iPhone and Android versions, and $3.99 for the HD iPad versions, all available in their respective marketplaces.
Yes, like a digital Heidi Klum, Twitter CEO Dick Costolo did declare that BoomTown’s outfit was “matador casual” at the start of an interview I did with him at D@CES last Friday. But we talked about a lot more than that, in a lively discussion about the future of the microblogging phenom. Read More »
Could their dispute over a 2004 agreement end today? [UPDATE: Yes, they settled, in a new $1.5 billion licensing deal.] Read More »
Groupon has finished raising its nearly $1 billion round of financing, after weeks of noisy speculation. Coming after its non-marriage-to-Google soap opera, let’s hope it can now go back to running a social-buying business. Read More »
There were dozens of tablets on display at CES last week, but none matched the iPad, which, according to Deutsche Bank analyst Chris Whitmore, will retain its lead in the space for the foreseeable future. Read More »
Foodspotting, the maker of visually pleasing apps for recommending particular restaurant dishes, has raised $3 million in a Series A funding round led by BlueRun Ventures, the mobile-focused venture capital firm. Read More »
Square, the mobile payments service that’s taking on Visa and MasterCard, has confirmed it has raised a $27.5 million round of funding led by Sequoia Capital. Read More »
Want to do some serious numerical navel-gazing like the pros? Need to know how many eggrolls you’ve eaten this year? How about finding out at what bus station you are most likely to give change away? Daytum might be the app for that. Read More »
Digicel has been given a $2.5 million grant for being the first company to establish mobile banking in Haiti. It’s part of $10 million in funding established to boost cellphone-based savings in the impoverished and quake-stricken country. Even before the quake, only one in 10 Haitians had access to traditional banking services. Read More »
Another question to ponder on the eve of the iPhone’s debut on Verizon: Now that its archrival has the device on which it once had an exclusive, a device that has done so much for its bottom line, how will AT&T respond? Or, rather, how has it been responding? Read More »
Bob Muglia’s departure comes on the same day that Microsoft is previewing a new version of Dynamics. Read More »
Yahoo is hiring former News Corp. and Disney online exec Mickie Rosen to run its Audience unit, which includes the Silicon Valley Internet giant’s powerful content sites, sources said. Rosen will report to Americas head Ross Levinsohn, who has worked with her before, both at News Corp. and Fuse Capital. The move is Levinsohn’s first management rejiggering since he took over last year, and there is likely to be more to come. Read More »
A year ago, an iPhone on Verizon would have been a disaster for Research In Motion. This year, it will only sting, which says a lot about how RIM’s business has improved. Read More »
Earlier Posts
- Waltgelina 2011: Walking the CES Floor With Walt and Katie on BoomTown
- Cable Rewards Cord Non-Cutters With a Bigger Bill on MediaMemo
- Nintendo to Ship 1.5 Million 3-D Game Players in Japan on eMoney
- Sequoia Bets $37 Million on Stella & Dot, a Next-Gen Mary Kay on eMoney
- How Might the Verizon iPhone Differ From the iPhone 4 (Besides Being Able to Make Calls)? on Mobilized
- Klout Gets Some More Clout–$8.5M in Funding and a Big (Actually, Bing!) Board Members on BoomTown
- Kids Lend a Digital Hand on Voices
- Viral Video: Bedbugs Get Taiwanesed (And It’s the Weirdest Ever) on BoomTown
- YouTube For Music? That’s SoundCloud, Says Alexander Ljung on MediaMemo
- Tired: Speculating About Verizon iPhone. Wired: Speculating About Verizon iPhone Sales. on Digital Daily
Super-Fast 4G
Verizon Wireless's new 4G network is "wicked fast" but potentially costly, writes Walt. Read More »