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Evernote Raises $70M At A $1B Valuation To Prep For An IPO, And The Next 100 Years

techcrunch.com
It’s official. To transition from a startup into a late-stage company that aims to be around for 100 years, Evernote today confirms it’s raised a $70 million Series D round of funding at a $1 billion valuation.  Meritech Capital and CBC Capital were chosen to lead the round because they’re...
Evernote Raises $70M At A $1B Valuation To Prep For An IPO, And The Next 100 Years

RIM reportedly firing up to 6,000 in $1 billion savings drive

www.engadget.com
The Waterloo Record is reporting that RIM is laying off a portion of its workforce as part of its cost-cutting review process. It's believed that between 2,000 and 6,000 employees could be let go as the troubled company attempts to save $1 billion by the end of the fiscal...
RIM reportedly firing up to 6,000 in $1 billion savings drive

Apple v. Samsung: Apple says Samsung is free-riding on $1 billion in marketing

arstechnica.com
Apple's Philip Schiller was one of the witnesses to take the stand today. June 8, 2009 - Source: Justin Sullivan/Getty Images North America SAN JOSE, CALIFORNIA—Apple's ambitious patent and trademark case against Samsung got into full swing on Friday, as two Apple executives took the stand, testifying about the...
Apple v. Samsung: Apple says Samsung is free-riding on $1 billion in marketing

Why "Instagram For Video" Apps Will Go Big

www.readwriteweb.com
The latest trend in smartphone apps is social video. That's because ever since Facebook acquired Instagram for $1 Billion, attention has focused on video sharing apps and whether one of them will win the next Zuckerberg lottery. The two leading contenders are Socialcam and Viddy. ReadWriteWeb's Alicia Eler profiled those...
Why "Instagram For Video" Apps Will Go Big
4Chan reaches one billion posts

ITU: There Are Now Over 1 Billion Users Of Social Media Worldwide, Most On Mobile

techcrunch.com
What does it mean when Facebook says it has 901 million monthly active users on its network? According to figures out from the International Telecommunication Union, it effectively signifies that Facebook is the world’s largest social network by a very long shot. The ITU says in a new report that...
ITU: There Are Now Over 1 Billion Users Of Social Media Worldwide, Most On Mobile
Evernote raises $70M in advance of IPO, now worth $1B

How Mark Zuckerberg Hacked the Valley

www.businessweek.com
On the eve of Facebook's IPO, a look at the daring decisions that took the social network's price tag from $1 billion to about 100 times as much...
How Mark Zuckerberg Hacked the Valley

Accel-Backed Payments Gateway Provider Braintree Goes International With Expansion Into 30 New Countries

techcrunch.com
E-commerce and m-commerce payments platform Braintree has major news today: it’s expanding operations outside of the U.S. and will now become available to thirty additional countries worldwide. The new international offering will operate in a private beta period over the next few months and will then launch publicly in the third quarter of...
Accel-Backed Payments Gateway Provider Braintree Goes International With Expansion Into 30 New Countries
90 Seconds on The Verge: Friday, August 3rd, 2012
Nokia posts $1 billion operating loss for Q2 2012, net cash up $125 million

Social media ad spending in the US to reach $9.8 billion by 2016: Report

thenextweb.com
That spending on social media advertising is on the rise should be a surprise to absolutely no one, but research firm BIA/Kelsey is putting a ring number on it. In the United States, BIA/Kelsey says, ad spending on social networks is expected to grow at a compound annual growth rate...
Social media ad spending in the US to reach $9.8 billion by 2016: Report
Google Play About To Pass 15 Billion Downloads? Pssht! It Did That Weeks Ago

Google simulates the human brain with 1000 machines, 16000 cores and a love of cats

www.engadget.com
Don't tell Google, but its latest X lab project is something performed by the great internet public every day. For free. Mountain view's secret lab stitched together 1,000 computers totaling 16,000 cores to form a neural network with over 1 billion connections, and sent it to YouTube looking for...
Google simulates the human brain with 1000 machines, 16000 cores and a love of cats

Deutsche Telekom Q1: 510,000 Contract Customers Left T-Mobile USA; DT Sales Down 1.1% To $18.6B

techcrunch.com
T-Mobile USA’s parent Deutsche Telekom today reported earnings for the quarter that ended March 31, with revenues and earnings in slight decline compared to a year ago: sales for the carrier came in at €14.4 billion, a decline of 1.1 percent; and earnings of €4.48 billion ($5.8 billion) were down...
Deutsche Telekom Q1: 510,000 Contract Customers Left T-Mobile USA; DT Sales Down 1.1% To $18.6B

Confirmed: Rakuten invests $100 million in Pinterest along with previous backers

thenextweb.com
After we broke the news that online marketplace and visual bookmarking site Pinterest was about to announce a big funding round, with AllThingsD following up with the name of new investor Rakuten, the Japanese ecommerce giant this morning confirmed that it is pumping $100 million into Pinterest. Previous backers Andreessen...
Confirmed: Rakuten invests $100 million in Pinterest along with previous backers

HTC lowers Q2 outlook following low European smartphone demand, US customs delays

thenextweb.com
HTC has been forced to amend its second quarter sales forecasts after lower-than-expected demand in Europe and a block on US imports of its new smartphones hampered its progress as it attempts to reclaim market share from rivals Samsung and Apple. The company said on Wednesday that its unaudited consolidated...
HTC lowers Q2 outlook following low European smartphone demand, US customs delays
Social Publisher Wattpad Raises $17.3M From Khosla, Jerry Yang, Others

Google Gets Deeper Into the Content Business, By Putting Money Into Machinima

allthingsd.com
Google has been handing out money to video-makers so they’ll make more stuff for YouTube. Now it’s putting money into a video-maker itself. The search giant is set to invest in Machinima, one of the most popular networks on YouTube, via a funding round that should close within a month....
Google Gets Deeper Into the Content Business, By Putting Money Into Machinima

30 AND UNDER: 9 Young Founders Who Are Running Billion-Dollar Companies

www.businessinsider.com
There's arguably nothing more impressive than founding a company and turning it into a billion-dollar business before you turn 30. In the tech world, more and more wunderkinds are emerging. Here are the youngest people running today's most valuable companies.Ben Silbermann left Google to start a company. After a few...
30 AND UNDER: 9 Young Founders Who Are Running Billion-Dollar Companies

Free calling app Viber hits BlackBerry, Windows Phone (but without the free calling)

thenextweb.com
Viber Media, the company that it is challenging Skype and a plethora of cross-platform communication app makers with its free calling, texting and photo sharing application for mobile phones, is doubling the number of platforms it supports. Already available for iOS and Android, and used by over 50 million people,...
Free calling app Viber hits BlackBerry, Windows Phone (but without the free calling)

Official: China now has more than 1 billion mobile phone users

thenextweb.com
The Chinese government has revealed that the country now has more than 1 billion mobile phone users, confirming a fact that had been anticipated for some while, in response to the continued growth of mobile devices there. As Tech In Asia reveals – citing a Chinese language report from Sina Tech...
Official: China now has more than 1 billion mobile phone users

What’s your startup worth? This amusing calculator nails it

thenextweb.com
This lean calculator tells you what your startup is worth, based on last year’s revenue and projected revenue for this year, how many paying customers you have and how much you charge them monthly for your product or service. It’s very straightforward Facebook Math (which is variable, too). The calculator...
What’s your startup worth? This amusing calculator nails it

Instagram Soars To 50 Million Users And Gains 5 Million New Users Per Week

www.businessinsider.com
Instagram has more than 50 million users and it's gaining about 5 million users per week, Mashable reports. It started April with 30 million users and had about 35 million when it was acquired by Facebook for $1 billion. It hit the 40 million milestone in mid-April. The recent release...
Instagram Soars To 50 Million Users And Gains 5 Million New Users Per Week

Chinese smartphone maker Xiaomi reportedly closes new round at a $4bn valuation

thenextweb.com
Chinese smartphone maker Xiaomi is reported to have closed a fresh round of funding which values the company at $4 billion. Chinese site Sina Tech reports news that an undisclosed amount of funding, which would be Xiaomi’s third round, had been raised, but it provides no details of the size...
Chinese smartphone maker Xiaomi reportedly closes new round at a $4bn valuation

NASA Awards $1.1 Billion for Commercial Space Development

allthingsd.com
Boeing Co. and closely held Space Exploration Technologies Corp. have won government commitments totaling $900 million, the biggest federal financial award yet to assemble and test commercially owned and operated manned space capsules. The National Aeronautics and Space Administration on Friday awarded $460 million to Chicago-based Boeing and $440 million...
NASA Awards $1.1 Billion for Commercial Space Development

Instagram’s secret to super-quick photo uploads? Send fast, match data later

thenextweb.com
Smartphone photo-sharing app Instagram has struck a chord with users, making it easy to snap, modify and share their images, but one of its most impressive features is the ability to upload those photos in a super-quick fashion. Instagram might now be part of the Facebook stable, and about to see...
Instagram’s secret to super-quick photo uploads? Send fast, match data later

PayPal, Softbank Team Up On A Joint Venture — PayPal Japan

techcrunch.com
PayPal and mobile operator Softbank are getting together to launch a joint venture in Japan that should extend the payment subsidiary’s reach in Asia. It’s a 50-50 effort for PayPal, which is owned by eBay, and Softbank. Each company is investing 1 billion Japanese yen or $12.5 million into the...
PayPal, Softbank Team Up On A Joint Venture — PayPal Japan

Angry Birds Space hits 100 million downloads in just 76 days

thenextweb.com
Further demonstrating the size of its pig-smashing franchise, Rovio has announced that Angry Birds Space has topped more than 100 million downloads, reaching the milestone in just 76 days. The company shared the figure via a tweet posted to the official Angry Birds Twitter account, embedding a celebratory image to...
Angry Birds Space hits 100 million downloads in just 76 days

To Capitalize On Demand, Facebook Ups IPO Price To $34-$38, May Sell 50 Million Extra Shares

techcrunch.com
Everyone wants a piece of Facebook, so the company will will likely allow underwriters to sell a “greenshoe” of up to 50.6 million additional shares, and it increase its IPO share price range from between $28 and $35 to $34 and $38, I’ve confirmed with sources very close to the IPO. This...
To Capitalize On Demand, Facebook Ups IPO Price To $34-$38, May Sell 50 Million Extra Shares
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