Amit Chowdhry | September 27, 2010 | 4,965 views | 6 Comments
Categorized under Automattic, Microsoft Corporation, Microsoft Windows Live Spaces, Wordpress.com

Microsoft Corporation (NASDAQ:MSFT) and WordPress.com has announced that Windows Live Space users will now be using the WordPress.com blogging platform. WordPress.com has made the migration easy using a brand a new import. Windows Live Spaces users will have the option to import all posts, comments, and photos to the WordPress.com platform.

Amit Chowdhry | September 27, 2010 | 1,462 views | Add a Comment
Categorized under Ace Limited, Chegg, Foundation Capital, Insight Venture Partners, Iowa State University, Kleiner Perkins, Kleiner Perkins Caufield & Byers

Chegg is a very popular online textbook rental service. Chegg has recently raised $75 million from Ace Limited, an Asian-based investment firm. Chegg had $144 million of funding before this. Other venture firms that put money into Chegg include Kleiner Perkins, Foundation Capital, and Insight Venture Partners.

Amit Chowdhry | September 26, 2010 | 546 views | Add a Comment
Categorized under Freelancer.com, Matt Barrie

Freelancer.com has hit 1.8 million registered users and 800,000 completed projects. “Freelancer.com’s growth is attributable to fact that the site is so simple to use and cost effective. Anyone can now assemble a virtual workforce overnight on a shoestring budget,” stated Freelancer.com CEO Matt Barrie. “We also enable markets that previously didn’t exist. For example, most people would never hire a graphic designer to produce an invitation to a house party, but for only $30 on Freelancer.com you can now get an impressive invitation put together in minutes.” The average job on Freelancer.com is under $200.
Amit Chowdhry | September 26, 2010 | 1,699 views | Add a Comment
Categorized under Brian Roberts, Comcast, Jeff Zucker, NBC, Stephen Burke, Steve Burke
Amit Chowdhry | September 26, 2010 | 976 views | 1 Comment
Categorized under ABC, Campbell Brown, Christiane Amanpour, CNN, FOX, Glenn Beck, Jonathan Klein, Ken Jautz, Larry King, Rick Sanchez, Time Warner

Time Warner Inc. (NYSE:TWX) has fired Jonathan Klein, the president of CNN/US. Ken Jautz, president of HLN, will be replacing Klein. Jautz is known for finding Glenn Beck on the radio and putting him on TV.

Amit Chowdhry | September 26, 2010 | 2,267 views | 2 Comments
Categorized under Apple iPhone 4, China Unicom, Sun Jian Kuan

The original iPhone was not greeted well in China. Supposedly China Unicom signed up only 5,000 subscribers. The iPhone 4 was launched this past Saturday in China. Over 200,000 people in China pre-ordered the iPhone 4 according to China Unicom. At 8AM when China Unicom opened the doors to the new Apple store at the Joy City shopping mall in Beijing, there was a line of about 1,000 people.

Amit Chowdhry | September 26, 2010 | 891 views | Add a Comment
Categorized under Adobe Systems Inc, Apple Inc., Google, Intel, Intuit Inc., Molly S. Boast, Pixar, US Department of Justice

The Department of Justice has announced this past week that they have reached a settlement with 6 tech companies. Adobe Systems Incorporated (NASDAQ:ADBE), Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOG), Intel Corporation (NASDAQ:INTC), Intuit Inc. (NASDAQ:INTU), and Pixar Animation Studios Inc. have all agreed to to enter an employee agreement. These 6 companies have agreed not to poach employees from each other.

Amit Chowdhry | September 26, 2010 | 1,289 views | Add a Comment
Categorized under Facebook, Mark Zuckerberg, Oprah Winfrey

Facebook CEO Mark Zuckerberg was interviewed on Oprah this past week to discuss the Startup:Education foundation. Zuckerberg is donating $100 million to the public school system in Newark, New Jersey. “Education has always been important to me and my family,” stated Zuckerberg. “Newark has unfortunately become a symbol of public education’s failure—of a status quo that accepts schools that don’t succeed.” Below is an interview he did with Oprah about the donation.
