See Also: Another Hot Tech IPO: Zillow Bumps Up Its Pricing, Giving It A $500 Million Valuation Y Combinator Company Frid.ge is Shutting Down LinkedIn Downgraded By JP Morgan, Which Helped Underwrite Its IPO Real-estate pricing site Zillow has just priced its IPO at $20 per share, giving it a valuation of up to...
Technology may be enabling an increasingly mobile, untethered workforce, but many people still need productive, office-like environments in which to get things done. If working from home or a coffee shop just doesn’t cut it, there’s always the option of coworking. Coworking, for those who aren’t familiar, is the growing trend of freelancers and...
It’s quarterly earnings season, and following Google’s solid report last week, all eyes were on Cupertino today as it was Apple’s turn to boast. And boast it did, announcing an all-time record revenue ($28.57 billion) and record quarterly profit ($7.31 billion). No surprise, these numbers were fueled by the continuing popularity of the iPhone...
Not enough startups have a good sense of humor. We all know Groupon is one of them, and Uber is following suit. Rather than flame me for my snarky early morning comparison of Uber’s immediate business ambitions to a lemonade stand, the company has penned a fake (we hope) post about its new business...
We usually think of university libraries as a bastion of free thought, with scholarly publications that are freely shareable by all, but former Reddit staffer and digital activist Aaron Swartz has been arrested by federal prosecutors and accused of hacking into the library at the Massachusetts Institute of Technology and downloading almost 5 million...
Apple just announced another stupendous quarter. Revenues were up 82 percent to $28.6 billion, it sold 20 million iPhones , but it also sold 9 million iPads. The iPad sales outpaced every other product. iPad unit sales were up 183 percent, growing even faster than the 142 percent growth of iPhone unit sales. Revenues...
The iPad is already the second biggest part of Apple’s business as measured by revenue after less than two years on the market. In the June quarter, the iPad generated $6 billion in revenue versus the Mac which generated $5 billion. The real story for Apple continues to be the iPhone which did $13.3...
After just over a year, the iPad is now a bigger product for Apple than Macs as measured by revenue. Macs accounted for $5 billion in revenue as compared to $6 billion in revenue from the iPad. (The iPhone continues to be the story overall for Apple, though with $13.3 billion in sales.) Below...
Affectiva, a Massachusetts start-up spun out of the MIT Media Lab, has nabbed $5.7 million in Series B funding to help it pursue technology which helps recognize and measure human emotions. The new financing was led by Kantar, the consumer insights group for marketing firm WPP and Myrian Capital. The money will go toward...
How He Did It The indictment (a full copy is here) details Schwartz’s purchase of a laptop, which he used to “systematically access and rapidly download an extraordinary volume of articles from JSTOR.” JSTOR is an online database of academic journals. It provides the full texts of digitized journals, with back issues for some...