Best Buy Co Inc agreed to extend the deadline to February 28 for founder Richard Schulze to make a bid for the company, continuing the uncertainty for shareholders over whether he can put a bid together.
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Consumer brands want to experiment with mobile commerce. But you might be surprised where they want to focus. It isn’t always on coupons that offer product discounts. Why condition a loyal customer to expect a price break? Three big consumer brand companies -– Coca Cola, Best Buy and Procter & Gamble –- offered tips on [...]
If you’re anything like me, you have tens, perhaps hundreds, of gigabytes of digital photos and short videos stored on your desktop computer, many of which need to be organized. Viewdle, a San Jose, Calif.-based startup, believes it has the solution to help consumers manage and share their storehouse of pics and vids, although the [...]
IMVU Inc., a Palo Alto, Calif.-based online destination where adults and teens meet new people in 3D, has raised $10 million in Series D funding. Best Buy Capital led the round, and was joined by return backers Menlo Ventures, Allegis Capital and Bridgescale Partners.
This morning, I asked PE Week Wire readers to name the latest electric vehicle company to raise its first round of funding. My only hint was “don’t think cars.” A few folks got it right, so now let’s share: The company is Brammo, an Ashland, Ore.-based developer of an electric motorcycle called the Enertia (no, [...]