Archive for August, 2011

Xiu.com Raises $100 Million From Warburg and Kleiner Perkins

Amit Chowdhry | August 19, 2011 | 432 views | Add a Comment
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Xiu.com is a Chinese e-commerce website that sells luxury goods. The company has raised $100 million from Warburg Pincus LLC and Kleiner Perkins Caufield & Byers. Kleiner Perkins also put in $20 million into Xiu.com this past March.

Apple Files Suits Against Fake Apple Stores in NYC

Riley Kennysmith | August 19, 2011 | 454 views | Add a Comment
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China isn’t the only place with fake Apple stores—Apple has filed suits against two faux stores in New York City that have been selling unauthorized accessories for Apple products. Both stores are in Queens, and Engadget reports that Apple wants “Apple Story” to be forced to change its name. Authorities already seized items from the stores that bear the Apple logo.

HubSpot Acquires Oneforty Team and Tools

Riley Kennysmith | August 19, 2011 | 328 views | Add a Comment
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Oneforty, the social media platform for businesses that started as a Twitter app store, has been acquired by HubSpot. Oneforty helps businesses learn how to reach consumers via social media like Twitter and Facebook, while HubSpot is an inbound marketing platform. The companies announced that the oneforty team is moving to the HubSpot offices and the oneforty directory will merge with the HubSpot App Marketplace. [TechCrunch]

Google Adds Weather Layer To Google Maps [VIDEO]

Amit Chowdhry | August 19, 2011 | 339 views | Add a Comment
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Google Inc. (NASDAQ:GOOG) has added the weather forecast as part of a layer on Google Maps. The weather layer displays the current temperatures and conditions across the world. To add the weather layer, hover over the widget on the upper right corner of Google Maps and select the weather layer from the list of options. As you zoom out, you will see a map with current weather conditions from Weather.com for various places. Icons denote rain, clouds, sun, etc. Clicking on the weather icon for a city shows additional details. Check out a demo video below:

Foursquare’s New Feature Lets Users Check In at Events

Riley Kennysmith | August 19, 2011 | 427 views | Add a Comment
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Foursquare has been rolling out a bundle of new updates this month, from inline photos and tip lists to redesigned apps, and is now introducing yet another new feature: events. Users previously could only check in at places, but Foursquare is now adding major events to their database. They gave events a test-run during SXSW conferences and are now partnered with ESPN, MovieTickets.com and Songkick. The partnerships mean that when users go to check in on Foursquare, they’ll see official pages to check in at sports events, movies and concerts.

Microsoft Launches “We’re In” App For Windows Phone To Compete With Google Latitude

Amit Chowdhry | August 19, 2011 | 375 views | Add a Comment
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Microsoft Corporation (NASDAQ:MSFT) has announced the “We’re In” application for Windows Phone. The We’re In application is intended to organize get togethers and carpools. Your friends will be able to see your location and they can see yours. This appears to be Microsoft’s response to Google Latitude.

Textbook Service Chegg Acquires Tutor Service Student of Fortune

Riley Kennysmith | August 19, 2011 | 348 views | Add a Comment
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Online textbook rental service Chegg announced today that it has acquired Student of Fortune, a site where students tutor each other. Chegg also recently acquired Cramster, Notehall and CourseRank. With each acquisition the company becomes more than a textbook service, as their newly-revamped website now features a “homework help” section and courses section that offers schedules, reviews and grades distributions. Chegg also now offers an HTML5-based e-reader for textbooks. [Mashable]

Kibin of 500 Startups Creates an Online Editing Community

Riley Kennysmith | August 19, 2011 | 1,658 views | Add a Comment
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New startup service Kibin, born of the most recent class from 500 Startups, is an online editing community. It works on a credits-per-word basis, where you pay credits to have your work edited and gain credits when you edit for other people. As TechCrunch notes, those who don’t want to edit for others can buy credits for 50 cents apiece. According to founder Travis Biziorek, the credits equal about a cent per word, so you pay about $10 (or earn $10 of credits) to have a 1,000 word essay edited by the community. Kibin currently has a turnaround time of about 24 hours but hopes to speed up the editing process as more users join.

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