MLB: Arizona Diamondbacks at Chicago Cubs
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peHUB Second Opinion

In Second Opinion, we wonder why Wrigley Field is suddenly so empty, WalMart slashes the price of the iPhone 5S to $79, and EBay is considering spinning off of PayPal.

Spiegel and Murphy arrive at the Time 100 gala celebrating the magazine's naming of the 100 most influential people in the world for the past year, in New York
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peHUB Second Opinion

In Second Opinion, Snapchat is in talks to sell a stake worth $10 bln to the Alibaba Group, AMC is considering buying 50 percent of BBC America, and Best Buy CEO says tablet sales are crashing. Plus what part of New York City should Sharknado II attack?

News Corp Chairman and CEO Rupert Murdoch listens to a question at the "The Economics and Politics of Immigration" Forum in Boston
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peHUB Second Opinion

In Second Opinion, Rupert Murdoch’s 21st Century Fox’s $80 bln bid for Time Warner is rejected, Murdoch really wants HBO pretty bad, Amazon is testing “Kindle Unlimited” and smoking pot can occasionally make you paranoid.

potatosalad
410 Views

peHUB Second Opinion

In Second Opinion, nearly two-thirds of the U.S. population uses a smartphone, Apple’s secret eBay store returns, the potato salad Kickstarter surpasses $40K and our hearts go out to Brazil at the World Cup semifinal.

US journalism benefiting from game-changing investments – Reuters

A new wave of funding by technology investors into US media companies is driving momentum in journalism, even as news organizations continue to face challenges, according to a report, writes Reuters. The level of media investing activity is forging the underpinnings of “game-changing” developments for the industry, according to the Pew Research Center‘s State of the News Media 2014 report, which cited funding from entrepreneurs like Amazon‘s Jeff Bezos and eBay founder Pierre Omidyar.

plasticbottles
392 Views

peHUB Second Opinion

In Second Opinion, Amazon Prime will now cost $99 a year, FINRA really doesn’t like Bitcoin, Target could’ve stopped the massive data hack but didn’t and Seamless is making you single.

Notes From the Field: It’s Still Early for Cloud

Most major corporations are on the road to cloud computing, right? Asked at the Sierra Ventures CIO Summit whether they were spending money on public or private clouds, a roomful of CIOs gave an answer that may surprise you.

Notes From The Field: CTO Weighs In On Big Data

Want to best understand the big data opportunities within reach of your portfolio companies? Then ask some of the world’s biggest enterprises about their most pressing needs. This was my goal in attending this year’s Sierra Ventures CIO Summit.

peHUB First Read

With your coffee this morning First Read brings you news that Blackstone may have to sacrifice fee revenue to win CalPERS pledge; BlackBerry 7 has been approved for Pentagon use; the anti-Facebook is getting bought and shut down and Amazon moves into high fashion.

eBay Inks Buy of WHI Solutions

eBay said Tuesday that it has agreed to buy WHI Solutions, which provides software and digital catalog solutions for auto parts distributors and retailers. Financial terms weren’t announced. Investors of Rye Brook, N.Y.-based WHI Solutions include Polaris Ventures, MidMark Capital, Viacom, Goldman Sachs and and Canopy Group. WHI’s offices will remain in New York, New Jersey […]

RueLaLa Issues New Options–CORRECTED

After being carved from GSI Commerce in the wake of that startup’s sale to eBay, Boston-based online shopping site RueLaLa has received about $22 million of funding issued new stock options to a number of undisclosed parties, according to a federal filing. In March 2011, when eBay bought GSI Commerce, RueLaLa was sold back to GSI CEO Michael Rubin as part of a package that included more investment from eBay. A RueLaLa representative did not comment further.

VIEW THE FILING HERE.

eBay Buys Germany’s BillSAFE

eBay Inc. has acquired BillSAFE, a German provider of purchase-on-invoice technology. Terms of the deal were not announced, though eBay says it plans to combine BillSAFE with its PayPal service. eBay previously took a minority stake in BillSAFE in 2010, and now owns 100% of the outstanding shares.

Adam Nash To Join Greylock As EIR

Greylock Partners said Wednesday that Adam Nash will join the firm next month as an executive-in-residence. He will work on both the investing side and with company creation. Nash was most recently a vice president of product management at LinkedIn and served before that at eBay and Apple. BLOG POST Welcome Adam Nash! October 5, 2011 […]

Prosecutors Launch eBay Probe

(Reuters) – U.S. prosecutors have launched a criminal probe into whether eBay Inc employees misappropriated confidential information from classified ad service Craigslist, according to a copy of a grand jury subpoena obtained by Reuters. The two companies have been feuding for years in civil court over allegations that online giant eBay used its Craigslist board […]

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