Whenever I receive bad service from a brand, I typically fire off an angry tweet and hope the company or organisation I’m complaining about notices the blue tick next to my name and takes action accordingly. It’s ungracious, makes me look like a bit of a dick, and similar to trying to shift a caffeine-induced headache by consuming more caffeine, it may feel good momentarily but… Read More
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Broadcom, Ltd bought Brocade Communications Systems today for $5.9 billion, giving the company a strong offering in networking storage business. It’s quite a nice deal for Brocade shareholders, who gain a 47 percent premium over the $8.69 closing price last Friday night (October 28th). Under the terms of the deal, Broadcom will pay $12.75 per share. It’s an all-cash $5.5… Read More
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ValiMail helps enterprises protect their inboxes by making it easier to authenticate incoming emails with the help of the DMARC standard and related open protocols. At its core, this allows businesses to ensure that nobody can use their own domain names for a phishing attack against their employees, and gives enterprises more insight into how their internal and external email services are… Read More
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If you wanted to start your own tech business 10 years ago, you needed deep pockets and extensive knowledge of building the various parts of a company yourself. But you should neither need a hefty amount of capital nor a degree in engineering. If you have a great idea, you should be able to focus on that idea and not have to worry about building non-core parts of your business from scratch. Read More
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In a rare move, Battery Ventures, Andreessen Horowitz and Ribbit Capital, investors in a number of Silicon Valley’s fintech startups, have backed the bank enabling many of their investments to lurch forward. Cross River Bank, the obscure financial institution that seemingly everyone in fintech has heard of but doesn’t really know, originated more than $2.4 billion in loans for… Read More
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After losing mobile gaming to iOS and Android, Facebook is making a big push into playing on PC with today’s developer launch of its Gameroom Windows desktop gaming platform. After months of name changes, beta tests and dev solicitation, Facebook opened up the beta build for all developers and officially named it Gameroom. The app is openly available for users to download on Windows 7… Read More
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Even if self-driving cars aren’t part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace. Gartner predicts that one-fifth of all autos on the road, and a great majority of new vehicles being produced worldwide, will have wireless network connectivity by 2020. Yet, few organizations have access to use the data generated by these vehicles today. That’s… Read More
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Score one for the consumer against the indefatigable force of growth hacking. Ever, the photo storage app that we called out in September for spamming SMS contact lists (it rebranded from Everalbum shortly after), has found its way back into Apple’s App Store after getting temporarily banned for its practices. Ever has had a lot of negative feedback — and even a couple of… Read More
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While Jack Dorsey’s other company Twitter might be struggling, Square continues on a roll that’s keeping Wall Street happy. There’s going to, as always, be a big question mark for Square because of Dorsey’s tenure at Twitter — which is hardly going well. While the company’s latest quarter showed a flash of optimism, the company’s efforts to close a… Read More
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Gigster is launching the Gigster Fund, comprised of $700,000 raised from Bloomberg, Felicis and China’s CSC as LPs, plus 1 percent of Gigster’s own equity. Each month it will invest $50,000 cash in one of Gigster’s top clients in exchange for 1 percent of that company at a $5 million valuation. Gigster will also provide them with advice, connections, fundraising help,… Read More
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