News Byte
Tricia Duryee in Commerce on August 17, 2011 at 6:00 am PT
RelayRides, a car-sharing service which connects people with available cars nearby, has added an additional $3.6 million to its first round of capital. It has now raised $10 million. Shasta Ventures and Lisa Gansky, author of The Mesh: Why the Future of Business Is Sharing, are joining Google Ventures and August Capital in the round, which will pay for its expansion in San Francisco and Boston.
Tricia Duryee in Commerce on July 13, 2011 at 10:46 am PT
According to Laura Chambers, the senior director of PayPal Mobile who appeared at VentureBeat’s MobileBeat conference in San Francisco today, the company has doubled its mobile payments projections to $3 billion this year, and is investing heavily in new ways to make it easy to pay with the phone.
Arik Hesseldahl in Enterprise on March 7, 2011 at 9:50 am PT
Skype has boosted its subscriber base by more than 100 million users since last summer. That’s among the disclosures in an updated filing with the Securities and Exchange Commission.
Arik Hesseldahl in Enterprise on December 29, 2010 at 7:56 am PT
Two problems conspired in a strange confluence of events to knock millions of users off Skype last week.
Peter Kafka in Media on November 1, 2010 at 10:22 am PT
Not a surprise: Following a court injunction that turned off its primary file-sharing service, LimeWire laid off a third of its staff last week.
A bit of a surprise: The company insists that it can keep its remaining employees working on a new music service.
John Paczkowski in Mobile on August 16, 2010 at 10:30 am PT
In the past two years, Near Field Communication expert Benjamin Vigier has helped develop mobile-wallet solutions for Starbucks, Paypal, Sprint, a Top 3 U.S. bank and two Top 5 U.S. telecoms, so news that he’s been hired on at Apple as the company’s mobile commerce manager is an interesting indication of the company’s designs on the virtual wallet space.
John Paczkowski in News on July 9, 2010 at 3:00 am PT
Were you a Comcast subscriber between April 1, 2006, and December 31, 2008? Did the company’s network management techniques during that time screw up your Fedora downloads? Then why haven’t you filed your P2P Congestion Settlement Claim yet?
Peter Kafka in Media on May 12, 2010 at 1:17 pm PT
A big victory for Big Music: A federal court has ruled in favor of the music labels in their fight against LimeWire, one of the most prominent file-sharing services on the Web.
John Paczkowski in News on April 6, 2010 at 8:34 am PT
In the end, the federal appeals court reviewing the Federal Communications Commission’s sanctions against Comcast was as skeptical of the FCC’s authority to issue them as Comcast itself. This morning, the U.S. Court of Appeals for the District of Columbia ruled that the agency overstepped its bounds when it censured Comcast for interfering with peer-to-peer traffic on its network.
Peter Kafka in Media on March 12, 2010 at 7:21 pm PT
Meet Andrey Ternovskiy, who built the voyeur/chat site everyone loves to talk about. He’s too young for AdWords, but old enough to play hard to get with investors.
