Amit Chowdhry | August 30, 2011 | 463 views | Add a Comment
Categorized under Apple Inc., Steve Jobs, The Walt Disney Company

Although Apple Inc. (NASDAQ:AAPL) Chairman Steve Jobs recently stepped down from the CEO position, he will remain on the board of directors at The Walt Disney Company (NYSE:DIS). According to a source with Bloomberg, Jobs’ position at Disney would be unaffected by changes at Apple.

Amit Chowdhry | August 30, 2011 | 371 views | Add a Comment
Categorized under Bill Harris, Institutional Venture Partners, IVP, Jay Shah, Personal Capital, Rob Foregger

Personal Capital is a company that has recently exited stealth mode and has raised $25 million in venture financing. The funding includes a Series A round that was led by Institutional Venture Partners (IVP) and a Series B round that was led by Venrock and more participate by IVP. Personal Capital is not planning to launch yet, but they will soon debut a financial advisor service that delivers an investment management and personal finance service. The chief executive of Personal Capital is former Intuit CEO Bill Harris. Everbank co-founder Rob Foregger serves as the chief strategy officer of Personal Capital. And former E-Loan CIO Jay Shah serves as the CIO of Personal Capital. The company is based in Redwood City, California.
Amit Chowdhry | August 30, 2011 | 314 views | Add a Comment
Categorized under Barnes & Noble, Barnes & Noble Inc., Borders Group Inc., William Lynch

Barnes & Noble, Inc. (NYSE:BKS) reported that they are expecting a sales boost of $150-$200 million due to the dissolution of Borders book stores. Barnes & Noble expects a sales increase at stores that are open at least a year to increase 2-3% during their 2012 fiscal year, which starts May 1. Barnes & Noble acknowledged the competition they saw from Borders to find discounts due to the closing of 399 stores.

Amit Chowdhry | August 30, 2011 | 484 views | Add a Comment
Categorized under Brad Keywell, E La Carte, Eric Lefkofsky, Groupon, Rajat Suri

E La Carte is a company that has developed a tablet product for restaurants and other hospitality-related companies. E La Carte has raised $4 million in funding from Lightbank, the company that was made by Groupon co-founders Eric Lefkofsky and Brad Keywell. E La Carte previously raised over $1 million from SV Angel, Dave McClure, Joshua Schachter, Roy Rodenstein, and Skip Sack.

Amit Chowdhry | August 30, 2011 | 237 views | Add a Comment
Categorized under DG Fast Channel, EyeWonder, Limelight Networks

Limelight Networks, Inc. (NASDAQ:LLNW) has announced today that they have sold their EyeWonder ad division for $66 million in cash to DG Fast Channel. The deal is expected to close on September 1st. Limelight is also going to go through a $25 million stock repurchase. Limelight currently has a market cap of $282 million. Limelight expects revenues for the third quarter to hit $46.1 to $47.3 million. [Limelight Press Release]
Amit Chowdhry | August 30, 2011 | 254 views | Add a Comment
Categorized under Microsoft Corporation, Windows Phone Marketplace

The Windows Phone Marketplace application store has hit 30,000 applications in their directory. Since the beginning of July, the number of applications grew from 25,000 to 30,000. Some stats about Windows Phone Marketplace includes:
- 989 apps have been added in the last two weeks
- 75 percent of apps are in english
- 8 percent of apps are games
- 47 percent of apps are free
Amit Chowdhry | August 30, 2011 | 330 views | Add a Comment
Categorized under Gaypon, Jason Buszta, Robert Graham

Gaypon is a new daily deals company that is specifically for the LGBT community. Gaypon will offers deals for businesses that are known to be gay-friendly. Proceeds from sales that take place on Gaypon will be donated to LGBT charities.

Amit Chowdhry | August 30, 2011 | 346 views | Add a Comment
Categorized under Google, Google Street View, Grand Theft Auto IV

Grand Theft Auto 4 fans that interact on GTA4.net had come together and spent 2 months to put together an Google Street View interactive map for Liberty City, a map from the game. If you often use Google Street View and Google Maps, you will know exactly how to use the interactive map on GTA4.net. You can even filter the map based on where you can pick up different weapons, perform stunts, and activities.
