Apple Inc. (NASDAQ:AAPL) is signing up new ad agencies to take on companies like Samsung and Microsoft. According to AdAge, Apple is signing four new agencies. The new agencies would be focusing on “user experience” and “digital strategy.” Samsung is spending a lot of money on TV and Internet ads to fight Apple for market share and Apple is ready to aggressively retaliate.
BlackBerry Ltd (NASDAQ:BBRY) CEO John Chen acknowledged that the company would exit the handset business if it continues to be unprofitable. BlackBerry is focusing more on enterprises, investments, acquisitions, and partnerships – specifically in the healthcare, financial, and legal service industries.
Decisyon is a business intelligence and performance management platform that has raised $22 million in Series B funding from a group of investors that are led by Catalyst Investors.
eBay Inc (NASDAQ:EBAY) and Carl Icahn have made a settlement in their proxy fight. Icahn dropped his demand to have two of his employees added to eBay’s board of directors. He will no longer campaign to have PayPal split from eBay. eBay is allowing Icahn to appoint former AT&T CEO David Dorman as an independent director.
Facebook is starting to let users know that they no longer have an option to send/receive messages in the Facebook for iOS and Android apps. Now users will have to download the Facebook Messenger app for chatting on mobile devices.
Dropbox has added Condoleezza Rice to its board of directors. Rice is the former U.S. secretary of state. She is also a longtime professor and administrator at Stanford University. Rice’s firm RiceHadleyGates has been an active advisor to Dropbox. Dropbox made the announcement on Wednesday around the same time that Carousel was launched.
WordPress parent company Automattic has acquired Longreads, a platform for discovering and reading long-form writing content on the web. The terms of the deal were undisclosed. Longreads is expected to continue to function exactly as it did before the acquisition.
Fundbox is a startup that recently exited stealth mode to offer services that has the ability to pay small and medium sized businesses for their invoices within a day. Fundbox has raised $17.5 million in funding led by Khosla Ventures. Other investors that participated in this round include Vikram Pandit, SV Angel, Tom Glocer, Mark Britto, Shlomo Kramer, Emil Michael, David Krell, and Jay Mandelbaum.