The Money Shot: Kara Swisher on Instagram’s Billion-Dollar Ride in Vanity Fair

There’s no picture of the moment when everything changed for Kevin Systrom.
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News Byte

Predictive Data Startup Infer Raises $10M From Redpoint

Infer, a Palo Alto, Calif., startup that makes data-focused business apps to help companies target their best potential customers, said it has raised $10 million in a Series A funding led by Redpoint Ventures. Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures and angel investors also participated in the round. Infer, which is profitable, mines a range of data to determine those with the highest propensity to buy. Along with the funding for its “predictive customer scoring model,” Satish Dharmaraj of Redpoint Ventures will join the company’s board.

Today’s Errands: Pick Up Milk at the Grocery Store … And Then a Trademark at the Legal Store

LegalForce BookFlip is set to open for business on Palo Alto’s University Avenue.
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News Byte

Mobile Diabetes Tracker Glooko Hires CEO

Glooko, the mobile health company that tracks blood glucose levels of diabetics via an iPhone app, has hired its first CEO: Intuit Health exec Rick Altinger. He replaces co-founder and chairman Yogen Dalal, who has held the job on an interim basis. In addition, the Palo Alto, Calif., startup also added a new VP of product, Dean Lucas, who comes from Epocrates. As it brings in stronger management, Glooko also said it had received 510(k) clearance for its products from the Food and Drug Administration, including being able to offer Glooko Logbook Charts, which allows its customers to graph and analyze their results.

Exclusive: SurveyMonkey Raises $800 Million in Debt and Equity for Tender Offer — Including New Investment From Google’s New Late-Stage Unit

Ruling out an IPO in the near future, it is one of the largest private equity raises for an Internet company.
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News Byte

Samsung Confirms Four New Bay Area Offices

Samsung is in the process of building four — count ’em, four — new offices in the San Francisco Bay Area, though they are oddly scattered in four different towns all within a half-hour’s drive of each other. We have previously reported on the start-up incubator in Palo Alto; there’s also the 8.5-acre planned campus in Mountain View and a new strategy and innovation center in Menlo Park. And now comes the official announcement of a 1.1-million-square-foot sales and R&D headquarters north of downtown San Jose.

Marissa Mayer’s First Live Interview (Which ATD Had to Virtually Sneak Into): God. Family. Yahoo.

Going down those Internet pipes is really tight.
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Valley Cred: Samsung Plans to Open New Start-Up Accelerator in Downtown Palo Alto

While it’s not quite Oppa Gangnam style, it is a big move for the Korean mobile and consumer electronics giant.
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Voices

Hewlett Packard: Products Weren’t Knowingly Sold to Syria

Hewlett-Packard Co. says its technology wasn’t knowingly sold to Syria. The Palo Alto, Calif., technology giant made that assertion to the Securities and Exchange Commission in response to a letter dated Sept. 6 and disclosed in a recent regulatory filing.

Exclusive: Apple Nabs Amazon A9 Exec Stasior to Run Siri — But Does Hire Signal a Bigger Move Into Search?

Siri, should Apple double down on search?
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