Amazon.com, Inc. (NASDAQ:AMZN) is expecting to sell over 8 million Kindle devices this year according to a source with Bloomberg. This number exceeds company expectations. Not bad considering that Amazon.com is competing with the Apple iPad and the Samsung Galaxy Tab. The iPad is expecting to sell about 12 million this year. [Bloomberg]
salesforce.com, inc. (NYSE:CRM) has acquired a Y Combinator funded company called Etacts. Etacts is an e-mail contact manager company that started less than a year ago. The financial details are undisclosed.
MyBuys is a company that helps retailers create product recommendations. The company is based in Redwood City, California and is led by CEO Bob Cell. The company has doubled their staff in Ann Arbor, Michigan over the last year with 50 employees in the downtown area.
A couple of nights ago on the Conan O’Brien show, Kenny Irwin Jr. of Palm Springs, California helped design futuristic Christmas decorations for the set. Irwin had designed the set so that Godzilla would be holding a giant candy cane and would be battling King Kong holding a Santa sleigh over his head. [HuffingtonPost]
Cloud Engines is the company behind the “personal cloud” device known as the Pogoplug. Cloud has raised $15 million in funding from a new set of investors. Softbank Capital, Morgan Stanley Investment Partners, and Foundry Group participated in this round.
Photo editing company Instagram has hit 1 million users. This is one of the fastest growing photo editing communities so far. Instagram stands out because of their vintage-styled filters.
Meebo announced earlier this week that they have raised $27.5 million in Series D. The funding was led by Khosla Ventures with participation from Sequoia Capital, DFJ, Time Warner, and JAFCO. Meebo said that they plan on using the funds to continue expanding upon their platform. Thus far the company has raised $70 million total.
NeoEdge is a San Francisco based social gaming advertising company that has raised $3 million in venture funding. NeoEdge allows publishers to add 30 second video ads in social game. NeoEdge currently serves about $100 million in video ad impressions per month. They currently have partnerships with Yahoo! Games and iWin. MMV Financial is the company behind the funding. [VentureBeat]