A couple of weeks ago, we put DotBlu (formerly known as BluBet) in the deadpool. The San Francisco startup, which ran an online betting play at launch which later morphed to some sort of social gaming service, discontinued its operations on October 16 despite the startup being backed by a host of star investors (Jawed Karim of YouTube fame and Kevin Hartz of Xoom / Eventbrite to name but a few). Turns out the venture still had a considerable amount of money left in the bank, which they will now be using to run the company in its third life under the name TownHog. Full story...
Virtual currency platform gWallet is announcing a partnership with online privacy certification company TRUSTe to reinforce gWallet ethical guidelines in the virtual currency space.
Some weeks, writing this column is easy. All it takes is for an influential person - a politician, a business person, perhaps even a fellow columnist - to say something dumb and I get to spend a thousand words or so explaining precisely why they're wrong.
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.