News Byte

Design Site Fab.com Adds Two C-Level Execs

Fab.com, the flash sales site dedicated to contemporary design, has appointed two new executives: Beth Ferreira as COO, and David Lapter as CFO. Ferreira was most recently a consultant to start-ups; before that, she was VP of operations and finance at Etsy. Lapter was most recently with KIT Digital, which acquired his previous company, KickApps.

Roll ’Em Up! Video Back-End Company KIT Digital Buys KickApps, Kyte, Kewego

One buyer, three exits: KIT Digital, which helps big companies manage Web video delivery, has picked up three start-ups for a total of $77 million.

Is KickApps Next to Board AOL's Gravy Train?

While a lot of focus yesterday has been on the gobs of cash that Time Warner shareholders now have to fork over to social networking site Bebo, which was bought by its AOL division for $850 million in spite of low revenues, sources close to the company tell me another big deal is in the hopper and at another lofty price. Sources say that AOL has been seriously mulling the acquisition of KickApps, which makes white-label social widgets, apps and communities for various companies and helps monetize them, for a reported price of $90 milion.