Daily Archives: August 27, 2012

This Chart Shows Why VCs Are Willing To Give Hyped Startups Absurd Valuations

August 27, 2012
This Chart Shows Why VCs Are Willing To Give Hyped Startups Absurd Valuations

Why has the billion dollar valuation become trivialized in startup investing? What started Facebook down a path where it would it reach a $150 billion valuation on secondary markets before going public at a $100 billion valuation, and then sinking to a $50 billion valuation within months? We were talking about these questions with...

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NYTimes.com gets a revamped video player, bigger and optimized for multiple Web and mobile devices

August 27, 2012
NYTimes.com gets a revamped video player, bigger and optimized for multiple Web and mobile devices

The New York Times generally receives warm praise for its efforts in the digital space, as it has transformed a traditional print-based business into a modern, multi-platform publication. And it seems that video is likely to play a pivotal part in this transition too. NYTimes.com has relaunched its online video player which is now...

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Now That It’s Leaked, I Don’t Want The iPhone 5 (AAPL)

August 27, 2012
Now That It’s Leaked, I Don’t Want The iPhone 5 (AAPL)

YouTube A leaked iPhone 5 casing. iPhone 5 Front Panel Leaks Again, NFC Appears to Be in Tow this Time (Gallery) HTC Proto Expected to Launch as ‘Desire X’ at IFA 2012 Google Nexus 7 Arrives in France, Germany Spain The iPhone 5 is set to sell like gangbusters. Every analyst on the planet...

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The Apple-Samsung verdict: Wall Street reacts

August 27, 2012

Apple’s huge patent win over Samsung on Friday has broad and important implications for the mobile industry. But it’s not just handset and tablet makers and the people who buy them that are affected by the historic verdict. On Monday, Wall Street got the first chance to show its reaction to the jury’s decision...

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Here Comes Passbook: Latest Leak Points To NFC-Equipped Next-Gen iPhone

August 27, 2012
Here Comes Passbook: Latest Leak Points To NFC-Equipped Next-Gen iPhone

The next iPhone has already leaked out in almost every way, shape and form, yet new images continue to surface. This time, we’re allegedly seeing the most complete view of the next iPhone to date, including what appears to be an NFC chip. Macotakara seems pretty confident in identifying the square component, with an...

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How Iridium took a chance on SpaceX and won

August 27, 2012
How Iridium took a chance on SpaceX and won

Four years of meticulous planning, and it all came down to one moment: the lighting of a gigantic fuse. On June 4, 2010, Matt Desch, CEO of satellite communications company Iridium, sat in his McLean, Va., office staring into a computer screen at a live video feed of a 368-ton rocket idling on a...

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The Latest iPhone 5 Leak Shows You May Soon Be Making Credit Card Payments With Your Phone (AAPL)

August 27, 2012
The Latest iPhone 5 Leak Shows You May Soon Be Making Credit Card Payments With Your Phone (AAPL)

Apple.pro See Also iPAD MINI TO LAUNCH IN OCTOBER Of Course The iPhone 5 Is Going To Be A Smash Hit! Here’s Why 8 Huge Complaints We Still Have About Android At first glance, the latest part leak for Apple’s next iPhone doesn’t appear to show much more than what we’ve already seen several...

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IBM buys HR software company Kenexa for a whopping $1.3b in cash

August 27, 2012

IBM this morning announced its intent to acquire Kenexa, a publicly-held maker of human resource management software, for about $1.3 billion in cash. IBM’s $46 per share offer represents a 42.5 percent premium to Kenexa’s closing price on Friday. Kenexa provides recruiting and talent management and retention solutions to more than 8,900 customers in...

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IBM Buys Social HR And Talent Management Software Company Kenexa For $1.3B In Cash

August 27, 2012
IBM Buys Social HR And Talent Management Software Company Kenexa For $1.3B In Cash

IBM has scooped up talent management and HR software maker Kenexa. The price? A hefty $1.3 billion, or $46.00 per share in cash. The NASDAQ-listed Kenexa offers an HR, talent acquisition and talent management software. The product includes recruitment process outsourcing (RPO) that provides global recruitment services; recruitment technology solutions; onboarding solutions, which offer...

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After Groupon, digital marketing firm Blue Calypso hits rival LivingSocial with a patent lawsuit

August 27, 2012
After Groupon, digital marketing firm Blue Calypso hits rival LivingSocial with a patent lawsuit

Following lawsuits against Groupon, digital marketing firm Blue Calypso is now targeting rival LivingSocial with its latest patent lawsuit. According to the company, US Patent Nos. 7,664,516 and 8,155,679 are specifically being violated, which are supposedly used in Blue Calypso’s ”state-of-the-art digital marketing platform.” Diving deeper, the 7,664,516 patent was filed all the way back in 2005 and references...

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