Latest Posts

How Many Users Does Tumblr Really Have?

Yahoo says it acquired 300 million new users yesterday. But, for now, the number advertisers care about will be much smaller.
DavidKarpDLD

News Byte

Led by Greylock, Social App MessageMe Raises $10 Million

MessageMe, the mobile application that offers free text, photo and video messaging between smartphones, announced Tuesday that it had raised a $10 million round led by John Lilly of Greylock Partners — who will join the board of MessageMe makers LittleInc Labs — with participation from existing investors Andreessen Horowitz, True Ventures, Social+Capital and others. The company said it currently has more than five million users on its service.

Domestic Mac Sales Flat in April (And That’s Not Bad)

According to NPD, North American Mac sales for April were unchanged year-over-year, despite the market shift from PCs to mobile devices.
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News Byte

Orchestrate.io Closes $3 Million Seed Round

API service startup Orchestrate.io announced Tuesday it had closed a $3 million seed investment round. The round was led by True Ventures, with participation from Frontline Ventures and Resonant Venture Partners. The funds will be used for hiring, as well as for expanding infrastructure to work with multiple partners across the world in the coming year.

Change.org Raises $15M From Omidyar Network, While Committing to Never Sell or IPO

Change.org CEO Ben Rattray finds investors who will agree to let him do his thing.
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30 Minutes Or It’s Free

Pizza is an obvious candidate for 3D printing because it can be printed in distinct layers, so it only requires the print head to extrude one substance at a time.

– From a description of Anjan Contractor’s 3-D food printer by Christopher Mims on Quartz BANNED iPad Mini promo (spoof video)

Customer Service Is Next Job for IBM’s Watson

Keeping track of what consumers like and dislike is a beefy computing problem.

News Byte

Accel Leads $9.4 Million Round for Affiliate, App Marketing Tracker HasOffers

HasOffers, a four-year-old company that helps companies track their affiliate marketing programs, has raised its first outside funding — a $9.4 million round led by Accel Partners, along with angels including RealNetworks founder Rob Glaser. The company also offers a service that lets app developers track installs and other engagement metrics they can attribute to advertisers.

SoftBank Gives Sprint Permission to Dish to Dish

Sprint can now share non-public details of its business with Dish, which has made a rival bid for the No. 3 U.S. wireless provider.
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Voices

Fab Raising at Least $250 Million

Online design retailer Fab Inc. is in advanced talks to raise $250 million to $300 million in venture capital in a deal that would value the fast-growing but unprofitable company at $1 billion not including the new capital, people familiar with the matter said.

News Byte

Google to Shutter Google Checkout in Favor of Google Wallet

Google announced Monday that it will close down its online payment processing product Google Checkout in six months, as it looks to build support for the multi-screen Google Wallet product. Merchants who use Google Checkout have one of two choices: Those in the U.S. with payment processing can apply for Google Wallet Instant Buy; those without their own payment processing can get discounts to transition over to payment services Braintree, Shopify or Freshbooks, Google said in a blog post.

Voices

Ergen Bids $2 Billion for LightSquared Spectrum

Satellite mogul Charlie Ergen bid $2 billion for certain spectrum from LightSquared Inc., the wireless venture spearheaded by financier Philip Falcone that is currently navigating bankruptcy proceedings, said people familiar with the offer.

Caterpillar Aims to Make Splash With Rugged, Waterproof Android Phone

The $349 phone is designed to be able to withstand a six-foot drop onto concrete or a 30-minute dip in a pool, all without adding too much heft to a standard Android phone.
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