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Pearson Buys pays $89.5 million for 5% Stake in NOOK Media

January 7, 2013

Pearson, the British education publisher, purchased a 5 percent stake in NOOK Media, the Barnes & Noble subsidiary that’s behind the NOOK reader and its digital content store, for $89.5 million. “We…

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Study: iOS Dominates Mobile Ads at 63%, Up from 47% Last Year

December 20, 2012

Despite all the talk about Google’s Android gaining market share to dominate the mobile space, truth is Apple dominates the mobile market when it comes to actual advertising served, perhaps because people…

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Ooyala Report: Tablet Video Viewing Up 90%

December 18, 2012

In the last six months, viewing videos on tablets has grown 90 percent, according to a recent report from Ooyala, the online video streaming and monetization platform. In its Q3 2012 Global…

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The CIA’s Venture Firm Invests in Mobile Cloud Security

December 13, 2012

By Anam Alpenia, Red Herring In-Q-Tel, the venture capital firm of the Central Intelligence Agency, made a strategic investment backed by a technology development agreement in cloud mobile security provider Tyfone for…

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Australian Police Warn: Apple’s Map App “Potentially Life Threatening”

December 11, 2012

Police in Mildura, Australia have a bone to pick with Apple’s Map App that’s far more serious than a misplaced airport, an erased London or disappearing national monument. Authorities issued a startling…

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Microsoft Teams Up with China Unicom to Boost Chinese Sales

December 10, 2012

China Unicom, the third largest wireless carrier, has announced a partnership with Microsoft to boost Windows Phone sales in China, the China Daily reported. Windows Phone currently holds 3 percent of the…

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Disruption, Innovation & Growth Markets Take Centre Stage at MEF Americas 2012

December 3, 2012

Red Herring is pleased to announce that we are supporters of the third annual MEF Americas 2012: Mobile Content & Commerce – the essential cross-border event for thought leaders & deal makers…

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Skyfire Nabs $10M to Ease Video Bandwidth on Global Scale

October 31, 2012

Known for being the first company to bring Flash video to iOS, Skyfire has raised $10 million in Series D funding to take its video data compression technology to a global scale.…

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Apple’s iPad Mini: Small Screen, Big Bucks

October 24, 2012

Amazon and Google can breathe a sigh of relief. Apple unveiled its iPad Mini, a 7.9 miniature version of the iPad, for $329, a bit more expensive than the $250 analysts had…

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Softbank to Pay $20B for 70% of Sprint

October 16, 2012

by Anam Alpenia, Red Herring Japan’s Softbank is purchasing 70 percent of Sprint for $20.1 billion to become the third largest company in the world in terms of revenues. Both companies agreed…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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