H&M is defying the odds and making a splash on Google’s social network, Google+. So popular is H&M on the platform that it leads all brands in terms of Circles. The fashion retailer now stands at 456,365, and tops other big-name brands like Pepsi and Starbucks. It perhaps helps to have the face of David [...]
February 22nd, 2012 by Anthony West
Somehow along the way, Blip.tv lost much of its appeal as the web’s number ne destination for series video, but the site has quietly maintained its focus. So much so that it still manages to attract investor funding. The company recently raised over $12 million in a fresh funding round, to the surprise of many [...]
February 22nd, 2012 by Anthony West
It looks like Oracle is out splashing the cash again, and we aren’t talking peanuts here. The tech giant announced recently that it acquired cloud-based talent management company Taleo for the gargantuan sum of $1.9 billion. The acquisition of Taleo will help boost Oracle cloud-based offerings, and the deal will close somewhere around mid-2012. Many [...]
February 22nd, 2012 by Anthony West
In the world of executive salaries at the tech level, $500,000 is peanuts, yet this is exactly what Mark Zuckerberg made last year. Details of his salary package were revealed in an S-1 filing with the SEC, something Facebook has to do before it goes public. According to the filing, Zuckerberg makes around $500,000 annually, [...]
February 21st, 2012 by Anthony West
Well so much for reading Groupon its last rites. Instead of dying, the company has gone from struggling daily deals website to quoted company, and now one that is not doing too badly where revenues are concerned. In its first earnings call since going public last October, the company is revealing revenues of $1.6 billion [...]
February 21st, 2012 by Anthony West
The economy might be sagging, but travel website TripAdvisor seems to be having a stellar time making money. Since making a clean break from Expedia and making its own listing on the NASDAQ, the company has had steady growth in its revenue numbers. A recent posting of its revenues for 2011 revealed that the company [...]
February 21st, 2012 by Anthony West
The legal documents space has its fair share of players, but that hasn’t stopped the backers behind Legal start-up, DocRun from having a go. According to reports, DocRun has managed to raise over $1.1 in seed funding from VC Michael Hirshland’s new fund, Resolute.vc, Google’s Don Dodge, and Kima Ventures. The backers are hoping that [...]
February 21st, 2012 by Anthony West
The Bill and Melinda Gates foundation is world renowned as charity powerhouse, but little is known about the fact that Microsoft itself has in it a culture of benevolence. Microsoft gave a glimpse of the extent of that culture with the recent announcement that over $100.5 million was raised in 2011 by its employees. The [...]
February 21st, 2012 by Anthony West
LinkedIn clearly isn’t resting on its laurels. The world’s largest social network for professionals has reportedly acquired contact management company, Rapportive for $15 million. The deal has been confirmed by several sources deeply connected in the tech space, and by all accounts, both sides are happy about the deal. Rapportive is relatively young and was [...]
February 20th, 2012 by Anthony West
February 14 is that special day when people express their undying love for that special person by going out and spending lots of money. And Americans spend money on Valentine’s Day like no other. According to data collected by the National Retail Federation and eMarketer.com, Americans are expected to spend around $17 billion on Valentine’s [...]
February 20th, 2012 by Anthony West
There are various domain name selling companies on the world wide web. These companies bring in a lot of revenue and very successful due to the popularity of having businesses online. Just as there are many different domain name selling companies to choose from when looking into purchasing a domain name, there are thousands upon [...]
February 20th, 2012 by Daniel Renfro
By now the news of the takedown of popular file sharing website Megaulpoad.com must have spread far and wide to all corners of the globe. Now people are busy piecing together bits of information to present the true scale of what occurred and why the US government felt justified in taking down the site. Many [...]
February 20th, 2012 by Anthony West
The tech space is now far removed from the potential sale of Hulu that it is hard to believe that it is the same company that had no fewer than 4 suitors a little more than 6 months ago. Instead of selling Hulu, its board and owners decided to plot a new course for profitability [...]
February 19th, 2012 by Anthony West
If there was any arguments over which social media platform is good for generating leads, Hubspot has put the debate squarely to rest. Hubspot conducted a brief study into the effectiveness of generating leads, comparing Twitter, Facebook and LinkedIn. The study found that businesses that used LinkedIn to generate leads were 3x more successful than [...]
February 19th, 2012 by Anthony West
Amazon is really keen on localizing its business presence it seems, because speculation is rife that the retailing giant is set to launch a Indian version of its website. According to reports, Amazon is looking to call this new site Junglee.com, in an effort to give the people of India a sense of ownership of [...]
February 19th, 2012 by Anthony West
With a slogan like “Eat out, Cash in”, it’s not difficult to see why Mogl.com is making headway and at the same time attracting some serious VC funding. Branded as a cost effective way for restaurants to generate loyalty from local customers, Mogl lets proprietors increase engagement through means such as charity and loyalty reward [...]
February 18th, 2012 by Anthony West
Just 2 years into its life and after countless naysaying, it seems as if Vevo is finally picking up steam. Its President and CEO Rio D. Caraeff revealed as much when he spoke recently at media conference. According to Caraeff, Vevo generated over $150 million in revenue over the course of 2011. At the same [...]
February 18th, 2012 by Anthony West
Cardspring is a new online company that is seeking to create an application platform that will allow mobile and web companies to write up applications for credit cards and other types of payments. This is a complicated process that other companies such as Groupon, FourSquare, and Living Social have tried to accomplish, but haven’t quite [...]
February 18th, 2012 by Daniel Renfro
