ecigarette
791 Views

peHUB Second Opinion

In Second Opinion, Yahoo acquires Zofari, Apple releases its diversity stats and a study of venture outcomes reveals that nearly 65% of financings fail to return 1x capital. And, the new danger to smoking e-cigarettes.

126 Views

Yahoo agrees to buy VC-backed Flurry

Yahoo has agreed to acquire Flurry. No financial terms were disclosed. Flurry is a mobile analytics and ad platform. Its backers included First Round Capital, Menlo Ventures, Draper Richards, DFJ, InterWest Partners, Crosslink Capital, Menlo Ventures, Union Square Ventures and Borealis Ventures.

NBA basketball player Anthony poses at Nickelodeon's Kids' Choice Sports 2014 award show in Los Angeles
464 Views

peHUB Second Opinion

In Second Opinion, Facebook’s buy of Oculus VR closed, the latest startup thriller, Yahoo is buying Flurry and Netflix ends Q2 with 50.05 mln subscribers. Plus, what is CNN worth?

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

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.

Jay Carney gives his final briefing at the White House in Washington
375 Views

peHUB Second Opinion

In Second Opinion, Microsoft may announce its biggest round of job cuts in 5 years this week, Yahoo Q2 earnings come in low, KKR is getting a $400 mln dividend from Capsugel and Twitter gets hit with an age discrimination suit.

breakfast pizza
489 Views

peHUB Second Opinion

In Second Opinion, Nordstrom is in talks to buy Trunk Club, LeBron James return to the Cleveland Cavaliers will have a $500 million a year impact on the local economy, plus Tim Armstrong would love to merge AOL – Yahoo but Marissa Mayer isn’t backing it. Also, should pizza places shouldn’t serve brunch? No!

163 Views

Bitcoin wallet startup Xapo picks up $20 mln

Xapo, a bitcoin wallet startup in Palo Alto, Calif., has secured $20 million in Series A-1 funding, the company announced in a blog post on its site. Greylock Partners and Index Ventures led the round with participation from other investors that included Emergence Capital Partners, Max Levchin, co-founder of PayPal, and Jerry Yang, founding partner of AME Cloud Ventures and co-founder of Yahoo!. In addition to the funding, Reid Hoffman and Mike Volpi have been added as Xapo’s board observers. To read further details about the funding, visit here.

An attendee photographs the new Microsoft Surface Pro 3, during the event in New York
704 Views

peHUB Second Opinion

In Second Opinion, how a PE firm’s home management led to a child’s death, Google tests a domain registration service, Marissa Mayer sleeps through a business dinner and American Apparel’s co-chairman says the company isn’t for sale..

134 Views

Washio closes Series A led by Canaan Partners

Washio, an app for on-demand dry cleaning and laundry has closed a $10.5 million Series A investment led by Canaan Partners. Existing investors Pejman Mar Ventures, Yahoo co-founder Jerry Yang, Sherpa Ventures, A Grade Investments, Troy Carter and others also participated.

113 Views

Software firm Pepperdata nets $5 mln

Pepperdata, a software company in Sunnyvale, Calif., said Tuesday that it has closed $5 million in Series A funding. Signia Venture Partners and Webb Investment Network led the round with participation from other investors that included Jerry Yang, founding partner of AME Cloud Ventures and co-founder of Yahoo; Ed Zander, former CEO and chairman of Motorola; and Andy Ludwick, Pepperdata board member and founding CEO of Bay Networks. According to the firm, the capital will be used for product development and sales and marketing expansion.

GGV Capital and Formation8 back Wish

Mobile commerce platform Wish said Thursday that it has received $19 million in financing. GGV Capital and Formation8 led the round with participation from previous backers that include Yahoo co-founder Jerry Yang. In conjunction with the funding, Additionally, Hans Tung, managing director at GGV Capital, has been added to Wish’s board of directors.

darkweb
521 Views

peHUB First Read

Today, First Read would like you to know that Yahoo wants to become Apple’s default search engine, Yahoo’s former COO left after only 15 months with a severance package worth $58 mln, a Tokyo court rejected bitcoin exchange Mt. Gox’s bankruptcy plan and a new browser for the dark web that makes it easier to find illegal stuff.

taxday
552 Views

peHUB Second Opinion

In Second Opinion, the Galaxy S5, Samsung’s new flagship smartphone, costs about $256 to build, Yahoo Q1 earnings beat estimates and Amazon is finally close to unveiling the first of several own-brand smartphones.

rainyspringmorning
1034 Views

peHUB First Read

First Read is pleased to bring you news that Marissa Mayer is facing her toughest test yet at Yahoo, U.S. Airways committed the social media gaffe of the year and the Silicon Valley-backed startup that wants to fix a broken political system.

Google demonstrators protest in San Francisco
312 Views

Individuals targeted as San Francisco tech money protests intensify: Reuters

Demonstrations against the grip on San Francisco held by wealthy technology workers took a personal turn on Friday with protesters taking aim at a Google lawyer they say personifies the tensions being stirred by abundant tech money, sister news service Reuters reported. One of those targeted recently is Kevin Rose, a partner at Google Ventures.

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