Avid Brings Its “Pro-sumer” Video Editing App to iPad

Avid is best known for its high-end video production tools, as well as its desktop video editing app. Now it’s targeting tablet users.
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News Byte

Facebook Gifting App Bday Unwraps $2 Million in New Funding

Tel Aviv-based Bday, a gift-finder on Facebook, has raised $2 million in a first round of funding. The company also announced the launch of its Bday Gift Finder app on Facebook, which helps users identify good gift ideas, including gift cards for friends based on their “Likes” and other data. The round was raised by Tel-Ad Electronics, and will be used to expand the company’s product offerings.

A Gift to Developers: A Quarter of a Billion Apps Downloaded on Christmas

A record number of applications were downloaded on Dec. 25, making it a very “appy” Christmas for at least some mobile developers.
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AT&T Says Its Merger Withdrawal Beat Out FCC to Hearing Vote

AT&T Inc. said it withdrew its application with the Federal Communications Commission for approval of its planned T-Mobile USA takeover before commissioners had the opportunity to vote on a proposal to send the merger to a hearing for approval.

Jawbone Debuts UP, Which Tracks, Well, You (Video)

It’s UP to you to get in better shape.
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Asana Launches to Public — Finally Moving Out of Private Beta

In Sanskrit, “asana” means “sitting down” and refers to strong but relaxed postures in yoga, presumably so frustrated workers can achieve a digital form of nirvana.
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Clearspring Buys Data Science Start-Up XGraph

Clearspring, the social sharing company — in an effort to increase its business as a marketing analytics player — has acquired XGraph, a data science firm.
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Here’s a Facebook App That’s Basically a Bank

Seattle-based Bobber Interactive is launching a social networking application that helps you manage your money and even earn cash rewards.
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Google Delivers Catalog App for iPad; Forests, Mail Carriers Rejoice

Today, Google released Google Catalogs, a free iPad app that enables shoppers to browse, in electronic form, the familiar glossy print publications that come in the mail.
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Another Mobile Payments Company Launches in Google’s Backyard

Pago Mobile is launching a mobile payments service today in Mountain View, Calif., that allows consumers to pay for their dry cleaning or slice of pizza using an app on their phone.
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