Archive for May, 2011

Pandora Reports Q1 In SEC Filing, Revenue and Users Up

Amit Chowdhry | May 31, 2011 | 1,024 views | Add a Comment
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Pandora has reported their Q1 results in an SEC filing. Pandora has reported an increase in revenues, users, and usage. However their losses are up too. Below are some of the details in an SEC filing for Q1:

Bill O’Reilly Interviews/Mocks Glenn Beck About His Internet Ventures [VIDEO]

Amit Chowdhry | May 31, 2011 | 599 views | Add a Comment
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Fox News anchor Bill O’Reilly interviewed Glenn Beck about what he is going to do when he steps down from his daily program. Beck is working on a new web TV venture and his online deals website Markdown.com. Throughout the interview, O’Reilly mocked Beck about his physique, a clothing line that he should start, and his Internet ventures. O’Reilly is pretty funny in this clip, check it out above. [HuffPo]

News and Analysis Service Benzinga Raises $1.5 Million

Amit Chowdhry | May 31, 2011 | 719 views | Add a Comment
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Benzinga has raised $1.5 million from Lightbank, the investment fund started by Groupon founders Eric Lefkofsky and Brad Keywell. Benzinga is a financial media source company that delivers streaming news.

Rumor: Airbnb In The Process Of Raising Over $100 Million

Amit Chowdhry | May 31, 2011 | 981 views | Add a Comment
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Airbnb is close to raising over $100 million based on a valuation of over $1 billion. This round is being lead by Andreessen Horowitz. Participation is expected from DST. Airbnb’s last round of funding was about $7.2 million and included Sequoia Capital, Greylock, SV Angel, Ashton Kutcher, and Youniversity Ventures. Airbnb launched out of Y Combinator.

Appsfire Raises $3.6 Million In Series A

Amit Chowdhry | May 31, 2011 | 730 views | Add a Comment
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Appsfire has raised $3.6 million in Series A funding from Idinvest, a French investment company. Appsfire plans on using the funding to accelerate its growth and sign on additional partners. Appsfire plans on building up their team to about seven people.

Rumor: Twitter To Launch A Photo Service Of Their Own

Amit Chowdhry | May 31, 2011 | 642 views | Add a Comment
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Twitter is rumored to be working on a photo sharing service that would compete directly with TwitPic and Yfrog. This rumor is in line with Twitter Platform Lead Ryan Sarver’s previous statement that Twitter ecosystem developers should refrain from building “client apps that mimic or reproduce the mainstream Twitter consumer client experience.”

Skype: A Coming Of Age Story [INFOGRAPHIC]

Amit Chowdhry | May 27, 2011 | 974 views | 1 Comment
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OnlineMBA.com has designed an infographic about the history of Skype from the point of it’s birth all the way up to Microsoft’s $8.5 billion acquisition. [click the image to enlarge]

Lodsys Files Patent Lawsuit Against Android Developers For In-App Purchases Too

Amit Chowdhry | May 27, 2011 | 1,080 views | Add a Comment
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Patent holding company Lodsys LLC has filed a lawsuit against independent Google Android developers. This is a follow-up to Lodsys’ lawsuit against several independent Apple developers. After learning about the lawsuit Lodsys filed against independent Apple App Store developers, Apple’s legal team personally stepped in and said that they have a license that protects the developers.

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