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Groupon Launches Own Credit Card Scanner

September 19, 2012

Setting its competition scopes directly on Square, Groupon launched a credit card scanning service that boasts lower fees and an ability to track transaction activity. The service goes head to head against…

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Square Closes $200 M Round, Processes Over $8 B in Annual Payments

September 17, 2012

Square, the mobile payments startup that turns any smartphone into a credit card machine, has raised an astonishing $200 million Series D financing round. AllThingsD, which first broke news of the investment,…

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China Smartphone Market to Surpass US by Christmas

August 29, 2012

Growing 401 percent year over year, China’s smartphone market is the fastest growing market in the world, according to new analytics by Flurry, the mobile analytics firm. Though currently second behind the…

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Apple Wins $1B+ for 6 of 7 Patents in Verdict Against Samsung

August 28, 2012

After only 21 hours of deliberation, a jury ruled mostly in favor of Apple, finding that Samsung had violated six out of seven patents, and awarded $1,049,343,540 to the computer giant. The…

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Apple Hits $623B to Become History’s Most Valuable Stock

August 21, 2012

Propelled by the upcoming release of the iPhone 5 and a potentially smaller and more affordable iPad, Apple’s stock hit $664.74 this week, raising the company’s value to $623 billion, the highest…

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Transitioning to the Digital World, Getty Images Sold for $3.3 B

August 16, 2012

Getty Images, the mega stock photo site, has been sold for $3.3 billion to the Carlyle Group, the Getty family and key management figures. The Carlyle Group will partner with the photo…

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A Dozen times Around the Globe: Google’s Robot Car

August 16, 2012

Google’s self-driving robot cars have now clocked over 300,000 miles, the equivalent of driving 12 times around the world’s 25,000 mile equator circumference. And they’ve done it without an accident, or at…

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Silicon Valley’s Fragile Ecosystem and the US Economy

August 15, 2012

 By Igor Sill, Geneva Venture Management With the US economy continuing to suffer from one of the longest economic downturns since the Great Depression, some countries are enjoying far better economic times and…

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iPad’s China Market Share Larger than Entire World’s

August 14, 2012

Apple’s iPad may be leading the tablet revolution with a global penetration of 68 percent, but it’s even more popular in China, where the iPad holds nearly 73 percent of the tablet…

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Google Fined $22.5M “Traffic Ticket” for Safari Tracking

August 14, 2012

by MATT GALLAGHER, Red Herring The FTC fined Google $22.5 million to settle charges of bypassing privacy settings in Apple’s Safari browser, the largest civil fine ever for the commission, though at…

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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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