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.

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peHUB Second Opinion

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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

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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.

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