Archive for May, 2011

Yahoo! Acquiring Ad Platform Company 5:1 For About $30 Million

Amit Chowdhry | May 12, 2011 | 485 views | Add a Comment
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Yahoo! Inc. (NASDAQ:YHOO) is close to acquiring ad platform company 5:1 for about $30 million. 5:1 raised about $13 million in several rounds of funding. 5:1 was co-founded by Yahoo! EVP Americas Ross Levinsohn. He co-founded 5:1 with former Fox Interactive Media executive Jim Heckman. 5:1 has contracts with 25 media companies and reaches about 200 million people. [TechCrunch]

Apple Store In Ohio Gets Robbed In Under 30 Seconds [VIDEO]

Amit Chowdhry | May 12, 2011 | 472 views | Add a Comment
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An Apple Store in Crocker Park, Ohio was robbed earlier this week. The robbers were able to steal 24 MacBooks and an iPod under 30 seconds. It almost looks like they were trained by Danny Ocean. Check out the video above.

This Guy’s 258 Square Foot Apartment Transforms Into A Solid Bachelor Pad [VIDEO]

Amit Chowdhry | May 12, 2011 | 480 views | Add a Comment
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Christian Schallert has a 24 square meter (258 square foot) apartment. On first impression the apartment looks like a small cube, but you’d be surprised to see what’s behind some of the shelves. Check out the video above.

Borders Group Believed To Have At Least One Offer

Amit Chowdhry | May 12, 2011 | 345 views | Add a Comment
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Borders recently had a routine hearing earlier this week. Judge Martin Glenn asked for an update from both lawyers. After returning from a brief meeting that was within earshot, the judge had adjourned the hearing. The judge was updated on whether there were bids for the company and sources say that at least one bid was made. Lease terminations for several properties were approved and Borders was also granted a request to extend the deadline for removing pending civil actions. [PublishersWeekly]

Adconion Raises $34 Million In Funding

Amit Chowdhry | May 12, 2011 | 529 views | Add a Comment
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Adconion is an Internet advertising network that has raised $34 million in funding from Silicon Valley Bank’s London office. Adconion’s major operations are based in Los Angeles, California and they said that the funding will go towards acquisitions and working capital requirements. Adconion is also known for acquiring Joost. [SoCalTech]

Chicago Attorney Meanith Huon Suing Above The Law Blog For $50 Million

Amit Chowdhry | May 12, 2011 | 1,022 views | 1 Comment
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Meanith Huon is a Chicago-based attorney that is suing the Above The Law blog for $50 million. This lawsuit was filed about a year after Above The Law wrote a blog post about Huron for sexual assault charges. Above The Law portrayed that Huon is a serial offender and linked to two other stories about sexual assault charges. However the three articles were about the same incident.

How Osama Bin Laden Was Able To Read and Reply To E-Mails

Amit Chowdhry | May 12, 2011 | 648 views | Add a Comment
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Osama Bin Laden did not have Internet access at his hideout compound but he did have computers and a courier. Having these resources, Osama was able to send e-mails back-and-forth to his al-Qaeda network. When the U.S. government seized computers, flash disks, etc. from Bin Laden’s compound, thousands of messages and e-mail addresses was revealed.

Viral Videos: Conan On MySpace, Arkansas Man Saved Home With Moat, Riding A Bicycle In An Airport, Bikini Flash Mob, Fort Worth Explosions, Gummy Bears Stop Motion

Amit Chowdhry | May 12, 2011 | 677 views | Add a Comment
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Today’s viral videos include Conan O’Briens explanation about what happened to MySpace, a man that saved his home in Arkansas through the use of a moat, riding a bicycle in an airport,

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