THE BUSINESS OF TECHNOLOGY
The Red Herring editorial team selected the Finalists for the 2012 Red Herring 100 Europe Award. This group of companies is the short list for the Top 100 Europe award. They are the most innovative and promising companies from a pool of hundreds from across Europe. The Finalists are evaluated on both quantitative and qualitative criteria, such as … [Read more...]
By Matt Gallagher, Red Herring Facebook has acquired Instagram for a jaw dropping billion dollars in cash and stock, impressive bones for a two year old startup that previously had little to no business plan. It's the largest acquisition in the social network's history, and as Wired points out, a mind boggling cash windfall for Instagram's … [Read more...]
Obama has signed the crowdfunding Jobs Act into law, opening the way for mom and pop investors to sink investment support into startups. The new law allows anyone to invest in startups, which are limited to $1 million per a year and must use SEC approved portals. Investors making less than $100,000 per year will be limited to 5 percent, or … [Read more...]
By Matt Gallagher, Red Herring Cybercrime prevention company ThreatMetrix has raised $18 million in a Series D round of financing led by August Capital. The company produces the Cybercrime Defender Platform, a suite of security products that use a multifaceted approach to identify various anomalies indicating fraudulent transactions. The … [Read more...]
By Igor Sill The venture capital industry is undergoing a major change from its elitist past of restricting investor access to “friends of the firm only.” As Wall Street embraces dozens of new initial public offerings (IPOs) of venture-backed companies, hopeful investors are flocking to this asset class. These venture capital investments … [Read more...]
Hewlett Packard recently announced some major housecleaning, merging its PC and printer groups in a move the company hopes will boost profits that have stalled in the wake of the tablet revolution. "This combination will bring together two businesses where HP has established global leadership," said Whitman. "By providing the best in … [Read more...]
One Click Detects Cancer Worried that glaring mole you spotted on your morning commute might be cancerous? With SkinScan's app and an iPhone, you could have a pretty good answer in one simple click. SkinScan's app uses fractals to map moles and detect anomalies, spotting irregularities in an instant. The app then delivers three shades of … [Read more...]
The global tablet game revenue is expected to hit $3.1 billion by 2014, and is expected to make up a third of all mobile game revenue by 2016 when the total spent on mobile games is expected to be $18.3 billion, according to a recent report from Juniper Research, the analysis firm. Tablet game revenue stood at $491 million for 2011, by Juniper's … [Read more...]
Groupon has released a free beta version of Scheduler, an online tool for small businesses to accept online bookings easily and seamlessly integrate them into the Groupon deals process. The technology is the fruit of the company's acquisition of OpenCal, the makers of an online appointment app, last September. The service is available to all … [Read more...]
Google has taken its Flight Search internationally, offering an easy way to check and compare flights to over 500 international airports. The only catch is you'll have to start your flight in the US, as the app currently only supports plans for flights taking off from US soil. Google debuted its Flight Search tool in September much to the … [Read more...]