Marc Andreessen, the co-founder of the VC firm Andreessen Horowitz, is also a major shareholder and board member at Facebook. He has disclosed in an SEC filing that he has sold over 2.3 million shares of Facebook at prices that range from $22.85 to $23.83 per share. This adds up to around $54.1 million.
Posts From November 21st, 2012
Maker Studios is a YouTube content channel that has received $40 million in funding from Time Warner. This round of funding is expected to close by the end of the year. Maker Studios is known for the videos “Epic Rap Battles in History.”
The first-generation Nest device is now selling for $198 at Lowe’s this week. This is down $30 from the original price. This deal will be available from Thursday to Monday so that you have plenty of time to buy one. The first generation is a little bit thicker and the second generation works with more types of home heating and cooling systems. You can view the deal here.
Facebook is combining their user data with Instagram and is loosening the restrictions on e-mails between members of the social network. Facebook is also planning to scrap a 4-year old process to allow users to vote for changes on policies and terms of services.
Newark, New Jersey Mayor Cory Booker has entered a bet to live on food stamps. Some of his Twitter followers made the bet with him. Mayor Booker will start living off food stamps sometime after Thanksgiving. Mayor Booker is social media savvy and he used Twitter to inform people about how he was helping Hurricane Sandy victims. He also live tweeted shelters that had availability for people. Mayor Booker recently launched a video curation service called #waywire.
Vizio has an awesome Black Friday deal for their 70-inch TV. Starting tomorrow around 9PM, you will be able to buy a Vizio 70-inch LED TV for $1,700. This is $300 off from the regular price. The E-Series 70″ Class Razor LED Smart TV is 1080p, 120Hz, built in WiFi, keyboard remote, and it has apps [via Gizmodo].