Apple settles e-book case for $450 million

Apple Logo
Apple has agreed to settle the e-book case for $450 million. Apple was accused of conspiring with five book publishers to fix e-book prices. The settlement would provide $400 million to consumers, but is conditioned based on the outcome of a trial in the 2nd U.S. Circuit Court of Appeals in New York where Apple is being accused of violating antitrust laws.

Continue reading →

Tell Apart acquires Freshplum

Freshplum logo
Tell Apart is an advertising technology company that has acquired Freshplum. Based in San Francisco, Freshplum enables e-commerce websites to offer personalized discounts. The terms of the deal were undisclosed. Freshplum’s investors included New Enterprise Associates, Greylock Partners, Google Ventures and Charles River Ventures.

Continue reading →

Rupert Murdoch said he offered $80 billion for Time Warner

Rupert Murdoch
Rupert Murdoch, the founder, chairman, and CEO of News Corporation, said that he made an unsuccessful $80 billion bid to take over Time Warner. Chase Carey, the president of News Corporation’s Fox network, met with Time Warner CEO Jeff Bewkes in early June to discuss a takeover proposal worth $85 in stock and cash for each Time Warner share. This was about a 25% premium to Time Warner’s stock price at that time.

Continue reading → is testing an e-book subscription feature

Screen Shot 2014-07-17 at 5.32.29 PM briefly put up a website for an unlimited e-book and audiobook subscription service called Kindle Unlimited, according to GigaOm is planning to offer users with unlimited access to 600,000 digital books for $9.99 per month. The pricing of the service is comparable to Oyster and Scribd, which charges $9.95 and $8.99 per month, respectively. Some of the titles that will offer through the Kindle Unlimited subscription includes The Hunger Games, 1984, Flash Boys and The 7 Habits of Highly Effective People.

Realogy acquires ZipRealty for $166 million

Screen Shot 2014-07-17 at 5.22.34 PM
Realogy Holdings, the owner of brands like Coldwell Banker, Century 21, ERA and Sotheby’s International has acquired New Jersey based publicly-traded ZipRealty for $6.75 per share in an all-cash deal valued at $166 million.

Continue reading →

Kim Kardashian’s mobile game is expected to hit $200 million

kim k game
Reality TV star Kim Kardashian West has a mobile game on the Apple App Store and it is the second most popular free app. The game, called “Kim Kardashian: Hollywood,” is the fifth highest grossing app in the App Store after games like “Clash of Clans,” “Candy Crush Saga,” “Pandora Radio” and “Game of War – Fire Age.” Kardashian’s app has in-app purchases that range at between $3.99 – $59.99.

Continue reading →

VentureBeat raises $2.6 million

VentureBeat logo
VentureBeat has announced that it has raised $2.6 million in funding. Crosslink Capital led this round of funding with participation from WaldenVC, Formation8, KDDI and Icon Venture Partners. VentureBeat plans to use the funding to build out its research division VB Insight.

Continue reading →

Yahoo! outbid Hulu for ‘Community’ at the last minute

Yahoo! has gained the exclusive rights for the sixth season of Community for tens of millions of dollars. NBC cancelled the sitcom earlier this year after its fifth season. The show seemed to start struggling during its third season, but it retained a loyal cult-like fan base. In the fifth season, Chevy Chase and Donald Glover departed from the cast, making it difficult to keep the same charm it had in the first season. Hulu was deep in negotiations for the show in the last few weeks of June.