The Red Herring editorial team selected the 2013 Top 100 Europe. This exceptional group of companies are among the most innovative, unique and promising companies selected from a pool of hundreds from across Europe. The Top 100 were evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, … [Read more...]
Top Stories
Apple Acquires WiFiSlam to Pinpoint Location within 2 Meters
April 4, 2013 Leave a Comment
Apple has acquired WiFiSlam, an indoor GPS startup that can pinpoint a smartphone in real time within 2.5 meters of accuracy. The move bolsters the company’s shoddy map product and makes it more competitive to Google Maps, improves indoor GPS mapping capabilities and will likely eventually create new mapping functions, such as the ability to … [Read more...]
Nasdaq’s Approved for $62M Payout for $500M in Botched Facebook IPO Damages
March 26, 2013 Leave a Comment
Nasdaq received SEC approval for a $62 million payout to investors following the stock exchange’s botched Facebook IPO. Though it sounds like a pile of money, it’s a little more than pocket change for the estimated $500 million the errors reportedly cost investors. The company’s IPO last May was troubled to say the least. Nasdaq’s systems … [Read more...]
Apple Wins Augmented Reality Patent to Make Mapping Interactive
March 20, 2013 Leave a Comment
Apple was awarded a patent this week for an augmented reality function that can tag objects in a live video stream and present information about those objects in an overlay on the screen, the Apple Insider reported. Published by the U.S. Patent and Trademark Office, Apple's U.S. Patent No. 8,400,548 for "Synchronized, interactive augmented reality … [Read more...]
More than 1/3 of Chinese Android Apps Stealing Data
March 19, 2013 Leave a Comment
In China, Google’s Android platform truly lives in the wild, wild West. A recent report from the Data Center of China Internet indicated that nearly 35 percent of Android apps secretly steal data unrelated to the functionality of the app, Tech in Asia reported. The center examined 1,400 apps downloaded from a variety of app markets, and found … [Read more...]
Facebook’s Like Button Knows You Better than You Do
March 15, 2013 Leave a Comment
Facebook knows all about you, more than you probably know about yourself. A new study reveals that Facebook “Like” button data can reveal a surprising amount of information. Studying more than 58,000 volunteers who participated in the “myPersonality” app on Facebook, the research shows that the magical “Like” thumb can be used with over … [Read more...]
Oracle Acquires Nimbula to Brighten Its Cloud
March 13, 2013 Leave a Comment
Oracle, the enterprise software giant, has acquired Nimbula, the cloud management software company built by the original creators of Amazon Web Services, to help brighten its cloud offering with some much needed direction. Nimbula offers a cloud management platform that lets people easily establish on-premise pools of visualized … [Read more...]
Facebook’s New Action Verbs Help You Socialize and Brands Categorize
March 12, 2013 Leave a Comment
Facebook enriched its revamped news feed this week with action verbs for developers that enable users to instantly post about their activities. The verbs provide Facebook users an easy way to socialize their run schedule or what they’ve been reading, for example, while providing Facebook as well as brands with critical, concrete data that can … [Read more...]
Google Vaguely Discloses FBI Spy Requests on Your Web Activity
March 8, 2013 Leave a Comment
Yes, FBI spies are watching us, or at least some of us, Google admitted in its Transparency Report. The web giant released some vague details about government requests on the private information of its users, providing ranges of figures “to address concerns raised by the FBI, Justice Department and other agencies that releasing exact numbers … [Read more...]
Groupon’s CEO Fired After Stock Price Drops 25% Following Dismal Earnings
March 4, 2013 Leave a Comment
Groupon’s CEO Andrew Mason may be out of a job after his firing following a dismal earnings report that saw the stock drop 25 percent, but at least he has a sense of humor about it. “After four and a half intense and wonderful years as CEO of Groupon, I’ve decided that I’d like to spend more time with my family. Just kidding – I was … [Read more...]