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I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of socialnetworking,&# the 30-minute video is here and the PowerPoint presentation is here on DocStoc ). What are the big trends that will drive the next phase of socialnetworks? And so it goes with socialnetworking.
and international cities like London, Mexico City, Seoul and Vilnius are building professional socialnetworks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company. Wabisabi Design, Inc.
Goodreads , the online book review and socialnetworking site which started in Santa Monica, represents the heart of a battle between giants Amazon.com and Apple , according to a report Thursday: who will become the keeper of your digital goods? goodreads amazon merger acquisition book review community reviews amzn apple itunes'
Westlake Village-based PurePhoto.com , a new startup headed by former NextMedium COO John Ellis, and whose exec team includes prior executives from ReachLocal, ValueClick, and YellowPages.com, said Tuesday that it has acquired the assets of Los Angeles-based PhotographyMentor , an online photography education and socialnetworking site.
Studio City-based private equity firm Criterion Capital Partners is the buyer of AOL's distressed Bebo socialnetworking site, AOL confirmed today, after widespread reports that AOL would be selling the firm. Criterion said the acquisition and financing was led by Levin, in partnership with Paul Abramowitz and Richard Hecker.
La Jolla-based BUMP.com , the socialnetworking and mobile app firm which allows people to send messages to others based on their license plate, said today thati thas acquired BumpChat , a provider of location-based communication and dating apps. Financial details of the acquisition were not announced.
Los Angeles-based socialnetworking web site MySpace has linked with Microsoft on the launch of Microsoft's new socialnetworking-focused cell phones, the Kin 1 and the Kin 2. MySpace is one of socialnetworking sites with built-in support on Microsoft's new phones. READ MORE>>.
Monrovia-based Green Dot , the provider of prepaid debit card products, reports today that it has completed its acquisition of Mountain View-based mobile socialnetworking developer Loopt. Green Dot had announced the acquisition in March. The deal was worth approximately $43M in cash.
Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and socialnetworking) were always the big draws in Tinseltown.
Atomkeep , an online service to help users synchronize their social media profiles across a number of socialnetworking sites, has been acquired by Jobscience , a developer of social relationship management software tools. Financial terms of the buy were not disclosed.
iSkoot Technologies includes substantially all of the assets of San Francisco-based iSkoot, a developer of socialnetworking and Skype-compatible voice-over-IP software for mobile phones. Tags: qualcomm iskoot merger acquisition mobile software skype socialnetworking. Financial terms of the buy were not disclosed.
Los Angeles-based socialnetworking site MySpace has acquired Threadbox , a developer of email messaging software, according to Threadbox. Rumors of the acquisition had first been reported in July. Tags: myspace threadbox email software messaging merger acquisition. Financial details of the buy were not disclosed.
San Diego-based Climber.com , which operates an online site to help job seekers network with recruiters, announced today that it has acquired Affinity Circles , an online socialnetworking site focused on membership organizations. Financial terms of the buy were not disclosed.
Irvine-based Specific Media has recruited an investment banker to head up its business development efforts, fresh off its acquisition of onetime socialnetworking king MySpace. Schopen was overseeing merger and acquisition transactions, initial and secondary public offerings, and private capital raises at Piper Jaffray.
…” I’ll write soon on my views of why I believe Instagram took off as a socialnetwork and what I think comes next. Instagram happens to be one of the few socialnetworks I regularly use along with Twitter. Your $200 million “small acquisition” is a cool 60% of all of their cash.
According to those reports, San Francisco-based Rapportive , a developer of plug-ins which overlay socialnetworking information on your Gmail account, has been acquired by LinkedIn. The report put the acquisition in the "low teens" of millions of dollars.
What does socialnetworking have to do with the stock market? Vinny talked with us about his start, which allows users to discuss and collaborate on their stocks and finances in a social way. We wanted to tackle that problem, by using a socialnetwork. In that network, we bring in content from all over the web.
Monrovia, California-based Green Dot , the prepaid debit card provider headed by Steve Streit, said this morning that it has acquired Silicon Valley mobile socialnetworking firm Loopt. Green Dot said it will pay $43.4M in cash for Loopt, which will become its Silicon Valley hub for its mobile technology and product development team.
Koch says it is used to increase the speed and quality of their work even though it was being outgrown by other networks like ResearchGate. Koch now a consultant with the Boston Consulting Group says the acquisition is good for them. ” Dr. .
Instead, one of his angel investments, Lucky Sort , has become part of Twitter in what looks to be an "acq-hire"--an acquisition to gain talent for the socialnetworking service. Financial details of the buy were not disclosed, however, Lucky Sort looks to be shutting down its service as part of the acquisition.
Los Angeles-based MySpace , the once dominant socialnetworking website, has been sold to Irvine-based Specific Media , the online advertising network, in a deal reportly worth $35M. According to Specific Media, News Corporation will take a minority equity stake in Specific Media as part of the deal. READ MORE>>.
Los Angeles-based Acclaim Games , a developer of casual and socialnetworking games, has been acquired by Mountain View-based Playdom , Playdom said Tuesday evening. Playdom said the acquisition would also give it access to the game development talent in Southern California. Financial terms of the deal were not disclosed.
Van Natta left Los Angeles-based MySpace in February, leaving the operation of the socialnetworking site to Jason Hirschorn and Michael Jones. Jones was the founder and CEO of Userplane until its acquisition by AOL. Tags: myspace owen natta zynga executive social gaming.
The two said that Pringo's stockholders will own 50 percent of MobileBits, and MobileBits' stockholders will own 50 percent of MobileBits after the acquisition. Pringo's white label, socialnetworking software was used by companies to develop their own online communities. The company was headed by Majid Abai.
Despite a frenzied rush towards the IPO market in Silicon Valley, Southern California''s own crop of venture-backed companies have not seen nearly the same number of IPOs--although the region has not been immune to the frenzy around socialnetworking companies. xencor biopharma biopharmaceuticals merger acquisition exit'
The company tsaid the acquisitions included Atlanta-based global software services company Xpanxion, and Milwaukee-based engineering solutions company Kanchi Technologies. Financial details of those acquisitions were not announced. ustglobal global venture capital strategic investment merger acquisition outsourcing' READ MORE>>.
Los Angeles-based MyLife , the online relationship management and networking service headed by Jeff Tinsley, said today that it has purchased the technology behind Threadsy , the developer of a unified communications client for email, Facebook, Twitter, and other socialnetworks. Financial terms of the buy were not disclosed.
Los Angeles-based wellness app developer Blue Fever, a startup which is backed by Amazon's Alexa Fund, said on Tuesday that it has acquired Trill Project, a developer of a socialnetwork built focused on self-care for teens. Financial terms of the acquisition were not announced.
Customer Acquisition. Those two things together would lower your acquisition costs nearly in half to $6.11. Ironically, there are times where it may actually pay to INCREASE your customer acquisition costs. Measuring customer acquisition is clearly not enough because not all customers stick around. lowering $1.50
Multiple reports today say that once lofty socialnetworking site MySpace is now being set to be sold by News Corp. Irvine-based Internet advertising network Specific Media and Golden Gate Capital are among the rumored bidders for MySpace. for as little as $20M to $30M. READ MORE>>.
Financial terms of the acquisition were not disclosed. TeenSpot's entertainment and community website is a moderated, socialnetworking and chat site, focused exclusively on teenagers. The site includes message boards about movies, fashion, celebrities, music, and more.
Microsoft in late June announced to have acquired socialnetwork for enterprises Yammer at $ 1.2 According to the Jared Spataro Senior Director, Office Division, Microsoft in a blog post the firm had met all the requirements regarding the acquisition. billion.But the deal has been fully completed today.
Los Angeles-based DailyStrength, an online health-related socialnetworking site, has been acquired by HSW International, Inc., Financial terms of the acquisition were not disclosed. a developer of Internet businesses. According to HSW, DailyStrength has 700,000 unique visitors a month, generating 20 million monthly page views.
San Diego-based Interacasting Corporation , a provider of mobile socialnetworking software, has been acquired by Good Technology, the firms said this morning. Financial terms of the acquisition were not disclosed. Tags: telecom mobile acquisition merger technology good interacasting. READ MORE>>.
I believe that many socialnetworks confused this idea. This no doubt led to the acquisition of AdMob by Google and Quattro by Apple. Socialnetworks continue to drive conversion of marketers. They thought, “hey, text links perform well when displayed alongside results.
Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. ” MediaLab is a holding company that owns several other mobile properties , including anonymous socialnetwork Whisper and mixtape app DatPiff.
San Diego-based Websense said Tuesday that it has acquired Defensio, a provider of technology for dealing with spam on socialnetworking and Web 2.0 Financial terms of the acquisition were not announced. Tags: merger socialacquisition blog websense spam networking defensio. READ MORE>>.
Vince: On the consulting side we are working with a unique socialnetwork, a new television network and some original video content businesses. Due to the incredible power represented by these networks, we believe that managers need a system to understand and monitor the ever-changing value of this key asset.
MovieLaLa , which had operated an app-based, socialnetwork for movie fans--and was backed by LA angel investors--as been acquired by user generated GIF site Gfycat , Gyfcat said on Thursday. As a result of the acquisition, Gyfcat has redirected all of MovieLaLa's website to its own pages.
Beverly Hills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. The two said that YuuZoo will initially buy 33.3
And of course the big question is whether Salesforce.com can out innovate these startups (especially after their acquisition of InStranet ). Expect great things from Assistly. Investors: True Ventures, Social Leverage (Howard Lindzon). Increasing this is also migrating to socialnetwork messaging but email is still king.
Los Angeles-based Untappd , the developer of a socialnetworking app for craft beer drinkers, and Next Glass , a developer of machine learning software for recommending alcohol, said last week that they have merged. Greg Avola and Tim Mather, co-founders of Untappd, have joined Next Glass as part of the acquisition.
New funding will be applied toward user acquisition and to expand into new product categories (gourmet food, wine and new services). Socialnetwork app developer and ad network. Metrics: 2.5mm members, 1,000 brands, 2,500 sale events to-date. Launched in 2007 in Los Angeles by Adam Bernhard and Konstantin Glasmacher.
Los Angeles- and San Francisco-based Live Nation Labs , an independent group within Live Nation looking to create "next generation" music products, has acquired YourTrove , a developer of social search tools. Financial terms of the acquisition were not disclosed. READ MORE>>.
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