Silicon Valley based job listing search engine Simply Hired is announcing profitability and a new round of financing - $4.6 million from new investor IDG Ventures and existing investor Foundation Capital. The company is also announcing four quarters of positive cash flow. Phil Sanderson, managing director at IDG Ventures, joins the company's Board of Directors. Simply Hired has now raised a total of $22.3 million. Full story...
Made.com, a web-based furniture company, has raised £2.5million from investors to launch its service which connects buyers directly with manufacturers thus cutting out middle men.
Mozilla platform engineer Rob Sayre has probably had better ideas.
Hoping Microsoft might allow Firefox on their new Windows Phone 7 Series, Sayre wrote an open letter this morning to Microsoft CEO Steve Ballmer.
It’s almost a cliché that great Silicon Valley entrepreneurs don’t go sit on a beach when they make a lot of money, they get back to work building another company or at least investing in other people’s companies.
When I first read about Hunch's Twitter Predictor game, I was pretty skeptical. The game asks you to put in your Twitter user name and based on who you follow and who you are followed by, it predicts how you will answer questions on Hunch.
It seems that Y Combinator and TechStars-like incubators are popping up everywhere. BoomStartup just launched an incubator in Utah and TechStars is expanding to other cities in the U.
New York-based hedge fund Elliott Associates L.P. in a letter to Novell's board of directors dated March 2 offered to purchase the infrastructure software company for a cash price of $5.
When I came to the U.S. in 1980, I was young and naïve. I used to think that corruption and ethical lapses were just a third-world ill.
I didn't have the same problems at SXSW this year that some people did. Was it too crowded at some events? Sure.
During my recent trip to India, I flew down to Bangalore for one reason: To meet N.R. Narayana Murthy.
Back in June, Google launched Sputnik, a suite of tools that runs over 5,000 tests to check a web browser's JavaScript conformance.