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Proven: A Mobile App and Early Bird

July 22, 2013

There’s an adage in business: If you’re early, you’re on time, and if you’re on time, you’re late. But to land a job in the first place, you’ll need to beat the…

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In Its Largest Deal Ever, Baidu to Pay $1.9B for App Store

July 19, 2013

Baidu has just announced the biggest deal in its history. China’s premier search engine plans to pay $1.9 billion for 91 Wireless, a major developer of app stores in China that has…

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Terra Motors Gives EV Street Cred in Asia

July 17, 2013

With their new smart-enabled scooters and sleek vehicle designs, Japanese company Terra Motors delivers Jetson’s-level transit tech that’s as elegant as it is efficient. And as high fuel costs and environmental concerns…

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Microsoft Reorganizes in Overhaul to Boost Mobile Efforts

July 12, 2013

Microsoft leaders announced its biggest overhaul in five years to improve its innovation and streamline its product line as it plays catch up with competitors in mobile and cloud computing efforts. The…

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KakaoTalk Jumps Ahead of Facebook

July 11, 2013

KakaoTalk, a 3-year-and-change-old Korean messaging app, has eclipsed Facebook’s popularity in South Korea and Japan. The company leverages its simple, all-under-one-roof social media infrastructure and immersive, visual communication strategy––enhanced by digital content…

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As Video Ad Market Spikes, YuMe Files for $65M IPO

July 8, 2013

Following rival video ad platform Tremor’s IPO last week, YuMe filed its S-I paperwork for a $65 million IPO. The company provides a digital video advertising platform that targets online video to…

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India Beats Japan to Become Third Largest Smartphone Market

June 27, 2013

India has surpassed Japan in the smartphone market, becoming for the first time the third largest in the world behind the US and China, a new report from Strategy Analytics points out.…

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2-Year Old Snapchat Raises $60M at $800M Valuation

June 25, 2013

by Matt Gallagher, Red Herring Journalist Though their messages may self-destruct in 10 seconds, Snapchat’s potential at monetizing its massive user base that has eclipsed the likes of Instagram and Vine is…

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Taking on Twitter’s Vine, Instagram Launches Video Sharing

June 24, 2013

Instagram announced video sharing capabilities this week at a special event in Facebook’s headquarters, giving Twitter’s Vine a run for its money. Instagram will enable 15-second clips of video (with a three…

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Accel Bets $100M Fund on Big Data’s “Last Mile”

June 18, 2013

Big data just attracted more dollar signs. The latest is a $100 million fund from Accel Partners, dubbed Big Data Fund 2, which follows up on its first fund focused on big…

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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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