By Matt Gallagher, Red Herring Facebook has acquired Instagram for a jaw dropping billion dollars in cash and stock, impressive bones for a two year old startup that previously had little to…
Venture Capital Fundraising Dips 35% in Q1, Yet Exit Climate Strong
Venture capital fundraising dipped 35 percent in the first quarter from a year before, raising $4.9 billion, according to Thompson Reuters and the National Venture Capital Association. Forty-two firms raised money, a…
Obama Signs Crowdfunding Jobs Act into Law
Obama has signed the crowdfunding Jobs Act into law, opening the way for mom and pop investors to sink investment support into startups. The new law allows anyone to invest in startups,…
Facebook Chooses NASDAQ Over NYSE for IPO
Facebook has chosen NASDAQ over New York Stock Exchange for the company’s upcoming IPO in May, the New York Times reports, based on anonymous sources familiar with the matter who have not…
Yahoo Cuts 14% of Workforce
Yahoo has announced 14 percent in cuts to its workforce, issuing 2,000 pink slips in a move that will save the company $375 million. What’s more, sources close to the matter told…
Dow Jones: Q1 2012 Most Active IPO Quarter Since 2007
The first quarter of 2012 rang the bell like Wall St. was getting back to business. Dow Jones Venture Source recently released a report that showed Q1 of 2012 as the most…
Whoops! Groupon’s Slide Continues
Groupon recently reported its operating income for 2011 to be $22.6 million less than it had previously cited due to a “shift in the company’s fourth quarter deal mix” and other factors.…
Nielsen Partners with Disney for iPad Consumer Metrics
Scoping for more than just couch potato metrics, Nielsen has partnered with Disney/ ABC Television Group’s ABC Research team to study consumer behavior related to video consumption on the iPad. ABC commissioned…
This Year, More Movies to Be Streamed than Watched from Disc
Yes, America may soon be converting its Blu-ray discs into drink coasters. 2012 will be the year that viewers stream more movies than they watch on disc, according to a recent IHS Screen Digest,…
Huawei Blacklisted
Australia Blacklists China’s Huawei from Building Internet Network Due to Cyber Security Concerns The government of Australia has blacklisted China’s Huawei from a government bid to build a high-speed Internet network out…