Innospring, the first US-China incubator, has officially launched its seed fund and support network for Chinese startups seeking American exposure and expansion as well as American companies seeking a piece of China’s…
FCC Wrist Slap: Google Fined $25K for Obstruction in Data Collection Investigation
The Federal Trades Communication has fined Google $25,000 for impeding investigators’ efforts to examine the company’s data collection efforts, the New York Times recently reported. In 2010, the company accidentally collected the…
Everyone Counts! Voting Enters the Digital Age
By Matt Gallagher, Red Herring Using Internet and other technology, EveryoneCounts reinvents the cast of the ballot. The company strives to bring elections to any Internet device or phone to make voting as easy…
US Justice Dept. Officially Sues Apple
The U.S. Justice Department has officially sued Apple and several book publishers, alleging the companies committed anti-trust infringement through Apple’s agency model, Bloomberg reported. Through iTunes, the company allows publishers to set…
Red Herring Announces Short List for the Top 100 Europe
The Red Herring editorial team selected the Finalists for the 2012 Red Herring 100 Europe Award. This group of companies is the short list for the Top 100 Europe award. They are…
Instant Billion! Facebook Acquires Instagram for Big Bones
By Matt Gallagher, Red Herring Facebook has acquired Instagram for a jaw dropping billion dollars in cash and stock, impressive bones for a two year old startup that previously had little to…
Obama Signs Crowdfunding Jobs Act into Law
Obama has signed the crowdfunding Jobs Act into law, opening the way for mom and pop investors to sink investment support into startups. The new law allows anyone to invest in startups,…
ThreatMetrix Raises $18M to Fight Cybercrime
By Matt Gallagher, Red Herring Cybercrime prevention company ThreatMetrix has raised $18 million in a Series D round of financing led by August Capital. The company produces the Cybercrime Defender Platform, a suite…
The Changing Tide of the Venture Capital Industry
By Igor Sill The venture capital industry is undergoing a major change from its elitist past of restricting investor access to “friends of the firm only.” As Wall Street embraces dozens of…
HP Cleans House, Merges PC and Printing
Hewlett Packard recently announced some major housecleaning, merging its PC and printer groups in a move the company hopes will boost profits that have stalled in the wake of the tablet revolution.…