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Microsoft Officially Welcomes Skype

Friday, October 14, 2011
Microsoft Corp. has closed its acquisition of Skype Global S.à r.l. Negotiations of the definitive agreement under which Microsoft would acquire Skype, an Internet communications company, for $8.5 billion were led by investor group Silver Lake and the transaction was originally announced on May 10, 2011. Boards of directors of both Microsoft and Skype previously approved the acquisition.

Steve Jobs Resigns as CEO of Apple...Tim Cook Named CEO and Jobs Elected Chairman of the Board

Wednesday, August 24, 2011
Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO.

Google to Acquire Motorola Mobility

Monday, August 15, 2011
Google Inc. (NASDAQ: GOOG) and Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies.

Research In Motion Introduces New BlackBerry 7 Smartphones

Friday, August 05, 2011
The new BlackBerry® Bold™ 9900 and 9930 are RIM’s thinnest smartphones ever, each offering a large keyboard and brilliant touch display. The new BlackBerry® Torch™ 9810 smartphone builds on the popularity of the BlackBerry® Torch™ 9800 and combines a large touch display with a convenient slide-out keyboard. The BlackBerry® Torch™ 9850 and 9860 introduce an all-new, all-touch design featuring the largest display on a BlackBerry® smartphone to date.

Web.com to Acquire Network Solutions for 405m plus stock

Wednesday, August 03, 2011
Opportunity to create the largest online marketing solutions company focused on the $19 billion web services market for small and medium sized businesses (SMBs) Combination expected to generate strong accretion to non-GAAP EPS and substantial unlevered free cash flow to service debt and invest in growth Tripling of customer base to approximately 3 million subscribers provides significant cross-sell and up-sell opportunities to drive growth

Quepasa and myYearbook Announce Merger Agreement valued at $100million

Friday, July 22, 2011
Today Quepasa Corporation owner of popular Latino social network Quepasa.com and cross-platform social game development studio Quepasa Games, announced that it has executed a definitive agreement to merge with Insider Guides, Inc., DBA myYearbook, the best place to meet new people on the web or mobile device, for $100 million, comprised of approximately $82 million in Quepasa common stock and approximately $18 million in cash.

Express Scripts and Medco Health Solutions Sign Definitive Merger Agreement; Medco Shareholders to Receive $29.1 Billion

Thursday, July 21, 2011
Under the agreement, Medco shareholders will receive $71.36 per share in cash and stock, or $29.1 billion, based on yesterday's closing price. Medco shareholders will receive $28.80 in cash and 0.81 shares for each Medco share they own upon closing of the transaction. The agreement has been unanimously approved by the boards of directors of both companies.

Earvin ‘Magic’ Johnson Joins Detroit VC Firm To Invest in Startups

Thursday, July 21, 2011
Philanthropist and entrepreneur, announced today he will join Detroit Venture Partners (DVP) as a general partner. DVP is a Detroit-based venture capital firm that invests in seed and early-stage technology companies primarily located in the heart of downtown Detroit. Mr. Johnson will also be investing millions of dollars into the fund. Detroit Venture Partners finances and lends operational expertise to budding entrepreneurs who bring high-potential business opportunities.

Gaikai Raises $30M to Accelerate Availability of Interactive Cloud Gaming

Thursday, July 21, 2011
Gaikai Inc is building the cloud for gaming: the world’s fastest interactive network, capable of delivering console-quality, real time experiences to browsers on virtually any device. Today Gaikai announces the completion of their Series C funding round to accelerate the roll out of the network.

Cisco Announces Additional Detail on Comprehensive Action Plan

Monday, July 18, 2011
As part of the company's $1 billion annual operating expense reduction, Cisco will reduce its global workforce across all functions by approximately 6,500 employees, which includes approximately 2,100 employees who elected to participate in a voluntary early retirement program. This also includes a reduction totaling approximately 15 percent of vice president level and above employees. This represents a reduction of approximately 9 percent of Cisco's regular full-time workforce. All affected employees will receive severance pay and outplacement assistance.

LinkedIn prices IPO at $45 a share to make it's stock market debut with a value of $4.3 billion.

Wednesday, May 18, 2011
The 8-year-old company will make its stock market debut with a value of $4.3 billion as investors clamor to get a piece of the most hotly anticipated IPO out of Silicon Valley in years and the biggest from a U.S. Internet company since Google set the gold standard nearly seven years ago when it went public.

Microsoft to Acquire Skype for 8.5 billion

Tuesday, May 10, 2011
Microsoft Corp. (Nasdaq: “MSFT”) and Skype Global S.à r.l today announced that they have entered into a definitive agreement under which Microsoft will acquire Skype, the leading Internet communications company, for $8.5 billion in cash from the investor group led by Silver Lake. The agreement has been approved by the boards of directors of both Microsoft and Skype.

Money Rushes Into Social Start-Ups

Thursday, March 24, 2011
By Geoffrey A. Fowler As Wall Street and other investors clamor for a piece of social-networking giant Facebook Inc., Silicon Valley venture capitalists are betting on a new generation of companies that hope to unshackle social networking from personal computers—and shift it to the cellphone.On

North Carolina business to invest $25 million in inventions

Thursday, March 17, 2011
The Charlotte, North Carolina, entrepreneur wants to do something about that. His company announced on Wednesday a $25 million initiative dedicated to bringing individuals' innovations to the marketplace. Inventors can submit their ideas to the Edison Nation Innovation Fund for $25. No other money is required from them to develop the ideas, and they will share the royalties if the product succeeds.

Visa pushes forward on Paypal's area with Person to person payments

Thursday, March 17, 2011
PayPal is about to get some competition from one of its own partners as Visa announced a new personal payments service on Wednesday. The offering would allow anyone from a participating bank to send payments directly to any Visa account, whether it be a credit, debit, or prepay card.

Open-Source Publishing Platform to be Developed by The Texas Tribune and The Bay Citizen

Friday, March 11, 2011
Two leading non-profit news organizations will develop a free, open-source publishing platform to help other online news organizations more easily engage with readers, manage content and raise revenue. The Texas Tribune in Austin and The Bay Citizen in San Francisco, both non-profit online journalism organizations covering regional civic news, will share the $975,000 grant and will co-develop the new open source platform.

AdGrok Raises $470K To Be The TurboTax For Search Engine Marketing

Monday, March 07, 2011
AdGrok has raised $470,000 in angel funding from Chris Sacca, Russ Siegelman, Ben Narasin, TriplePoint Capital and Y Combinator.

Mobilewalla is Latest Startup Aiming to Improve Mobile App Discovery

Monday, March 07, 2011
Among the newest entrants is Mobilewalla, a small start-up that plans to announce its plans later on Monday. Mobilewalla won’t sell apps directly, but has developed an online catalog and search engine that ranks various apps for iPhone, iPad Android, BlackBerry and Windows Phone. Founder Anindya Datta said he feels that most App stores are still too fragmented or driven by their own commercial interests.

Skolkovo Gets The First Startup Funded

Monday, March 07, 2011
he Skolkovo Foundation, established last year in Russia, is the country's biggest project to enhance tech and business development. At the end of last year, Skolkovo was boasting about the high-tech innovation hub they are planning to build and turn the whole project into the Russian equivalent of Silicon Valley.

SXSW For Startups: Top 10 Questions Answered

Monday, March 07, 2011
You’ve got an idea. You’re an entrepreneur. You know that if you just get your app in front of the right people, it’ll be well on its way to becoming the next big thing. Naturally, you head to SXSW.

How To Build A Team That Will Make You Rich

Monday, March 07, 2011
Have you ever had an idea that you were dying to try out… but never got to it because you didn’t have the time? What would it be like if you could send someone a short note and have them implement your ideas IMMEDIATELY? You can put yourself in that position by hiring a full-time virtual

If you're not failing you're not trying

Monday, March 07, 2011
dan shipper - thoughts on programming, startups and entrepeneurship If you're not failing you're not trying

Khosla Ventures Leads $5.6 Million Funding For MyLikes; Buchheit Joins Board

Monday, February 28, 2011
Khosla Ventures likes social advertising startup MyLikes. The VC firm is leading the startup’s $5.6 million Series A financing. Lightspeed Partners also invested and Metamorphic Ventures, which participated in the all-Googler $600,000 seed round, ponied up again.

Cloud storage startup Box.net scores $48 million in funding

Thursday, February 24, 2011
Back in 2005, Aaron Levie and Dylan Smith were college dropouts with a collective $11,000 and a not-so-sexy startup idea for an online storage and collaboration service. Today, the entrepreneurial duo announced that their company, Box.net, has closed a whopping $48 million series D funding round.