Amit Chowdhry | October 9, 2011 | 618 views | Add a Comment
Categorized under Google, Intellectual Ventures, Motorola

Intellectual Ventures has recently sued Motorola over a patent dispute for Android. Google Inc. (NASDAQ:GOOG) is in the process of acquiring Motorola Mobility. Google is also an investor in Intellectual Ventures so they are getting sued by a company in which they are an owner.

Amit Chowdhry | October 9, 2011 | 532 views | Add a Comment
Categorized under CrunchFund, Eric Schmidt, Gad Maor, Innovation Endeavors, Menlo Ventures, Michael Arrington, Ofer Rundstein, Pitango, Pitango Venture Capital, Rami Beracha, Shaker, Shervin Pishevar, Troy Carter, Yonatan Maor

Shaker is a virtual world startup based in Israel that has raised $15 million in a new round of funding. This round was led by Menlo Ventures’ Shervin Pishevar. Michael Arrington’s CrunchFund was already an investor in Shaker and they also participated in this round. Shaker was the champion at TechCrunch’s Disrupt conference.

Amit Chowdhry | October 9, 2011 | 477 views | Add a Comment
Categorized under Demand Media

Demand Media Inc (NYSE:DMD) sent out an e-mail to thousands of freelance writers that indicates that they will be scaling back the number of stories that they need. Demand Media is assigning a less number of stories because they feel like they have a strong backlog of material.

Amit Chowdhry | October 6, 2011 | 514 views | Add a Comment
Categorized under JPMorgan Chase and Co., Palantir Technologies

Palantir Technologies has raised $70 million in Series F funding. Palantir’s total funding is now roughly $200 million. The valuation of the company is now around $2.5 billion. Two unnamed hedge funds participated in this round of funding.

Amit Chowdhry | October 6, 2011 | 486 views | Add a Comment
Categorized under Janus Friis, Niklas Zennström, Rdio

Rdio is an ad-free music subscription service that is available as a website and has iPhone, iPod Touch, iPad, Android, BlackBerry, and Windows Phone applications.

Amit Chowdhry | October 6, 2011 | 429 views | Add a Comment
Categorized under Jack Dorsey, Michael Bloomberg, Twitter

Jack Dorsey and Michael Bloomberg officially announced Twitter’s New York City office today. “I want to thank the Mayor for his vision on creating 21st century jobs. I know you have an engineering degree, Mr. Mayor, and you may be looking for a new job soon. We’re hiring,” quipped Dorsey to the mayor.

Amit Chowdhry | October 6, 2011 | 399 views | Add a Comment
Categorized under Apple iPhone 4S, Sprint

Sprint Nextel Corporation (NYSE:S) has confirmed that they will be offering unlimited data for the iPhone 4S. The iPhone 4S will have access to have all the same voice and data plans at the same rates that Sprint’s current smartphones are on. This includes unlimited 3G data and the 5GB mobile hotspot cap. [phonescoop]
Amit Chowdhry | October 6, 2011 | 788 views | Add a Comment
Categorized under Apple Inc., Steve Jobs

Millions of people took to the Internet to pay their respects to the late Steve Jobs. I have compiled a collection of quotes from President Obama, Mark Zuckerberg, Bill Gates, Sergey Brin, Larry Page, Bob Iger, Richard Branson, Steve Ballmer, Steve Wozniak, and Tim Cook. The quotes from each person is below:
