Amit Chowdhry | August 17, 2011 | 388 views | Add a Comment
Categorized under Morgan Stanley, Socialware

Socialware is a company that manages social media and sales. The company has raised $7 million in Series C funding led by Morgan Stanley Expansion Capital. Socialware previously raised $3 million from FLOODGATE, G-51 Capital, and Silverton Partners. Socialware has raised $12 million thus far.

Amit Chowdhry | August 17, 2011 | 500 views | Add a Comment
Categorized under Founder Collective, Michael Karnjanaprakorn, Skillshare, Spark Capital, SV Angel, Union Square Ventures

Skillshare is a P2P learning company that has raised $3.1 million in funding from Union Square Ventures and Spark Capital. Skillshare is a platform that can help turn anyone into a teacher. Users can offer their own offline classes based on their skill. Skillshare takes 15% of the revenue.

Amit Chowdhry | August 17, 2011 | 422 views | Add a Comment
Categorized under Cardinal Venture Capital, Highland Capital Partners, Panorama Capital, Worldview Technology Partners, Zoove

Zoove has raised $15 million in Series D funding led by Panorama Capital. Existing investors that participated in this round include Cardinal Venture Capital, Highland Capital Partners, and Worldview Technology Partners. Zoove is the company that created StarStar Numbers, a registry of branded phone numbers such as **WEATHER and **SUZUKI.

Amit Chowdhry | August 17, 2011 | 521 views | Add a Comment
Categorized under Astro Ape Studios, Chieh Huang, Zynga

Several employees at Astro Ape Studios changed their employment status from that gaming company to Zynga on LinkedIn. What this indicates is that Zynga acquired Astro Ape Studios. Astro Ape CEO Chieh Huang switched his profile to Zynga along with Astro Ape’s director of engineering, software engineers, and graphic artists. BusinessInsider
Amit Chowdhry | August 17, 2011 | 403 views | Add a Comment
Categorized under Amazon, Amazon.com, Charlaine Harris, James Patterson, Janet Evanovich, John Locke, Kathryn Stockett, Kindle, Lee Child, Michael Connelly, Nora Roberts, Stieg Larsson, Suzanne Collins

Janet Evanovich and Kathryn Stockett are two more authors that have joined a group of several authors that have sold over a million copies of their books on the Kindle. Kathryn Stockett’s first novel “The Help” has sold over one million copies of the e-book.

Amit Chowdhry | August 16, 2011 | 328 views | Add a Comment
Categorized under Facebook, Interpublic Group

Interpublic Group is a global marketing communications company that invested $5 million for stake in Facebook. This gave them less than half a percent in the social networking company. Recently they sold that stake for $133 million in a privately negotiated transaction. In five years, half a percent of Facebook stock gave the communications company a $128 million in profit. Wow.

Amit Chowdhry | August 16, 2011 | 307 views | Add a Comment
Categorized under The Game, Twitter

On Friday night, a tweet was sent out by rapper The Game to his 580,000 followers suggesting that if people want to become an intern for him, then call a phone number that was listed. It turns out that phone number was for the Compton Sheriff’s Department. The flood of phone calls prevented deputies from being able to respond quickly to emergency situations. The Game denied that he wrote the tweet. “@wackstar hacked my Twitter earlier….. Arrest him police… He is to blame. #TellinOnYouDemetrius.” A criminal investigation has been initiated for this case. [LA Times]
Amit Chowdhry | August 16, 2011 | 600 views | 1 Comment
Categorized under Apple Inc., Apple iPhone, AT&T Inc.

AT&T Inc. (NYSE:T) has installed LTE-equipment in Apple retail stores to test out LTE-equipped iPhones. One piece of the equipment supports only the 700MHz and AWS bands that AT&T plans to use if their T-Mobile acquisition passes. It seems unlikely that LTE will be in the next iPhone version, but a faster-connected iPhone is inevitable in a future version. [Engadget]