Archive for January, 2011

Blekko Raises $200,000 From Ashton Kutcher

Amit Chowdhry | January 27, 2011 | 623 views | Add a Comment
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Search engine Blekko.com has raised $200,000 from actor Ashton Kutcher. The $200,000 is an extension to the company’s most recent round of funding. So far Blekko has raised close to $25 million in debt and equity capital. The company started in September 2007 and was co-founded by Greg Lindahl, Rich Skrenta, and Mike Markson.

Tumblr Server Down-time Image Gets Created By Matthew Inman Of The Oatmeal

Amit Chowdhry | January 27, 2011 | 2,003 views | Add a Comment
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This is a huge win for The Oatmeal founder Matthew Inman. Tumblr has agreed to use an image created by Matthew Inman, the founder of TheOatmeal.com. This image is the equivalent of Twitter’s “fail whale,” or an image that appears when the website is down.

Twitter Surpasses 200 Million Accounts and 110 Million Tweets Per Day

Amit Chowdhry | January 27, 2011 | 872 views | Add a Comment
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Twitter has hit 200 million registered accounts. Of these 200 million accounts, about 110 million tweets are being sent out per day. This is up from 160 million users from September 2010. In December, Twitter was hitting about 95 million tweets per day.

AutoTrader.com Hires Dallas Clement As The CFO

Amit Chowdhry | January 27, 2011 | 719 views | Add a Comment
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Dallas Clement is now the CFO of AutoTrader.com. He previously worked at Cox Communications for 20 years as an EVP and a chief strategy officer. Cox Enterprises owns a majority of AutoTrader.com. AutoTrader used to be best known for their print publication, but they are now focused on auto sales online. “Dallas is a seasoned and respected financial executive whose rich set of experiences and capabilities will be a significant addition to AutoTrader.com,” stated AutoTrader President and CEO Chip Perry. “With his 20-year tenure at both Cox Enterprises and Cox Communications, I am confident that Dallas will add considerable value as we continue to manage AutoTrader.com for long-term success.”

Auditude Raises $11 Million In Second Round Of Funding

Amit Chowdhry | January 27, 2011 | 643 views | Add a Comment
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Auditude is a company that helps large websites manage online video ads. Auditude has raised $11 million in a second round of funding led by Granite Ventures with participation from Silicon Valley Bank, Redpoint Ventures, and Greylock Partners. They plan on using the new funding for expansion and looking into mobile video. Auditude also hired Jeremy Helfand, the former CEO of United Online’s media group. According to paidContent, Auditude manages “billions” of monthly video impressions. Some of their clients include Comcast, DailyMotion, Fox News, MLB, and Sony. Auditude raised $10 million two years ago from Redpoint Ventures and Greylock Partners.

UberMedia Acquires Mixx, A Competitor Of Digg.com

Amit Chowdhry | January 27, 2011 | 927 views | Add a Comment
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UberMedia is a Pasadena, California based company that is known for running UberTwitter, Twidroyd, Echofon, and PostUp Marketplace. The company recently acquired Mixx.com, a social bookmarking website that competes with Digg.com. Ubermedia used to be known as PostUp and the company is led by Bill Gross.

This Is The Banned Super Bowl Ashley Madison Commercial [VIDEO]

Amit Chowdhry | January 27, 2011 | 8,092 views | 1 Comment
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Given the sexual content that is often displayed in GoDaddy.com’s Super Bowl ads, I figured it would be very hard to get a commercial banned from air-time. Apparently Ashley Madison, a website where people can meet who are interested in having an affair, has crossed the line. Fox has banned the above commercial from airing during this year’s Super Bowl. This commercial stars adult film star Savanna Samson.

Alibaba.com Spending $4.5 Billion On A Network Of Warehouses

Amit Chowdhry | January 27, 2011 | 522 views | 2 Comments
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Alibaba.com Limited (HKG:1688) is planning to spend $4.5 billion to set up a network of warehouses across China. The investments will be made in about 3-5 years. Yahoo! Inc. (NASDAQ:YHOO) owns about 40% of Alibaba.com and it is one of their best investments to date. Alibaba.com has about a 75.2% stake in the e-commerce market in China.

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