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…
Apple Acquires WiFiSlam to Pinpoint Location within 2 Meters
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…
Nasdaq’s Approved for $62M Payout for $500M in Botched Facebook IPO Damages
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…
Apple Wins Augmented Reality Patent to Make Mapping Interactive
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…
More than 1/3 of Chinese Android Apps Stealing Data
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…
Facebook’s Like Button Knows You Better than You Do
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…
Oracle Acquires Nimbula to Brighten Its Cloud
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…
Facebook’s New Action Verbs Help You Socialize and Brands Categorize
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…
Google Vaguely Discloses FBI Spy Requests on Your Web Activity
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…
Groupon’s CEO Fired After Stock Price Drops 25% Following Dismal Earnings
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…