Debate moderator Bob Schieffer talks to the audience before the start of the final U.S. presidential debate between Republican presidential nominee Mitt Romney and President Barack Obama in Boca Raton, Florida, October 22, 2012. REUTERS/Jason Reed (UNITED STATES  - Tags: POLITICS ELECTIONS USA PRESIDENTIAL ELECTION)   - RTR39G5V

peHUB First Read

First Read closes out your week with news Intel is close to acquiring Altera for $15 bln, Bob Schieffer prepares to sign off as anchor of “Face the Nation” and ex-Lehman CEO Dick Fuld says at least his mother still loves him.


Path sells to Daum Kakao

San Francisco-based Path Inc, which was rumored to be an acquisition target of Apple last fall, has been scooped up by the South Korean Internet corporation Daum Kakao. Path founder CEO Dave Morin, a former Apple employee, blogged about the sale late Thursday.


peHUB First Read

First Read starts your morning with news that Google may reportedly launch a wireless service, BC Partners launches sale of German lab group Synlab and Rolls-Royce CEO John Rishton announces he will retire.


Path acquires VC-backed TalkTo app

Path has acquired TalkTo, it was confirmed in a blog post on the Path website. No financial terms were disclosed. Headquartered in Cambridge, Mass., TalkTo is an app that helps users correspond with local businesses via text messages. It was backed by Matrix Partners. To read the announcement, visit here.

Tripbirds Relaunches as Social Hotel Booking Site

Tripbirds, a Stockholm-based startup that started life as a travel site, one that seized on data from Facebook, Instagram and other social networks, has been relaunched as a “social hotel-booking site” that combines “traditional” hotels with recommendations from users’ social networks. The company raised $740,000 in seed funding last year from Index Ventures, Passion Capital, […]

VCJ Report: Photo Shopping

You can’t go anywhere these days without someone pulling out their smartphone and taking a pic or two with their camera to upload to Facebook, Twitter, Foodspotting or other social media sites. It’s estimated that more than 200 million photos are uploaded to Facebook every day, making it the largest photo sharing site in the […]

Slideshow: Inside Look at Kleiner’s 30 Deals for Q1

Kleiner Perkins Caufield & Byers was tied for the most active U.S. VC in the first quarter, according to peHUB’s analysis of data from Thomson Reuters (publisher of this blog). Overall, the storied Sand Hill Road firm backed 30 companies, up from 19 in the same period a year earlier, but down slightly from 35 […]

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