Zynga CEO Mark Pincus, speaking at the Web 2.0 Summit in San Francisco this afternoon, said he wants his company – a leader in social gaming – to be the Web’s “dial tone” provider in the space. In essence, he argues that certain content providers are becoming ubiquitous across devices [...]
Article courtesy of BARRONS.com: Tech Trader Daily
I’m at the Web 2.0 Summit at the Palace Hotel in San Francisco this afternoon, where Google (GOOG) CEO Eric Schmidt will be interviewed by John Battelle of Federated Media and Tim O’Reilly of O’Reilly Media. The conference will continue through Wednesday afternoon, and most of the sessions will be [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Facebook today expanded its email service, jumping into a crowded market that already includes Google (GOOG) Gmail, Microsoft (MSFT) Hotmail and Yahoo (YHOO) Mail. The company will offer a facebook.com email address to users, based on their Facebook user names.
CEO Mark Zuckerberg said at the launch event in San Francisco [...]
Article courtesy of BARRONS.com: Tech Trader Daily
TechShop, a chain of membership-based workshops offering tools and equipment, has raised $1.7 million of an expected $4 million in equity, according to a filing with the SEC.
Based in Menlo Park, Calif., the company offers tools like 3D printers, laser cutters and woodworking tools to individual members for about $100 per month. TechShop currently has locations in Menlo Park and Raleigh, North Carolina, but the chain plans to expand to two dozen cities in the next two years, Bloomberg reports. Last December, TechShop announced plans to open a San Francisco workshop in a former San Francisco Chronicle building near 5th and Howard Streets.
Founded in 2006, the company expects to make $1.1 million in revenue this year.
Companies: Bloomberg, San Francisco Chronicle, TechShop
Article courtesy of VentureBeat » deals
Trooval, a company that develops software for timeshare operators, has raised $1.6 million in equity, according to a filing with the SEC. North Bridge Venture Partners participated in the round.
Based in San Francisco, Trooval’s software helps companies predict a visitor’s buying potential in real-time. The only information required for analysis is the consumer’s name and contact information. The company also offers an online marketing platform to the timeshare industry.
Companies: north bridge venture partners, Trooval
Article courtesy of VentureBeat » deals
Salesforce.com (CRM) late Monday said it has acquired 14 acres in San Francisco’s Mission Bay neighborhood from Alexandria Real Estate Equities (ARE) as the site for a new corporate headquarters. The company is planning to build a nearly 2 million square foot campus. The purchase price for the land was [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Clearwire (CLWR) and its majority owner Sprint (S) this morning announced plans to launch service in New York, San Francisco and Los Angeles.
Clearwire, Sprint and minority Clearwire investor Time Warner Cable (TWC) will all offer service in New York using Clearwire’s 4G WiMax network starting November 1.
Clearwire and Sprint will [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Is Microsoft (MSFT) considering buying Adobe Systems (ADBE)?
The New York Times raises that possibility today. In a blog post, the Times reports that Microsoft CEO Steve Ballmer showed up at Adobe’s office in San Francisco recently to hold a secret meeting with Adobe CEO Shantanu Narayen. The piece says two [...]
Article courtesy of BARRONS.com: Tech Trader Daily
Involver, a startup that helps brands manage social media channels, has raised $7M in equity, options, warrants or other securities, according to a filing with the SEC. The company also raised $1.6 million late last month.
Based in San Francisco, Involver helps more than 80,000 brands manage their online communities on sites like Facebook. The startup was founded in 2007 and has raised $10 million to date.
Article courtesy of VentureBeat » deals
Cisco (CSCO) this afternoon invited reporters to an October 6 event in San Francisco at which the company plans to discuss “a new consumer product from Cisco.” While the company is better known for making networking infrastructure than consumer goods, the company does make Linksys home networking gear and Flip [...]
Article courtesy of BARRONS.com: Tech Trader Daily