On the surface, there’s nothing surprising about a $70 million football contract these days. Sure, it’s a hefty sum, but no more than what the Arizona Cardinals agreed to pay cornerback Patrick…
Snapchat joins $10bn club after Kleiner’s $20m investment
Kleiner Perkins Caulfield & Byers’ latest investment in Snapchat values the instant messaging application at close to $10 billion, according to a recent report by the Wall Street Journal. That puts the…
Microsoft enters new era following Ballmer’s graceful exit
Steve Ballmer, the larger than life ex-CEO of Microsoft, introduced himself to the LA Clippers fans last week in typically captivating fashion, following his $2 billion purchase of the basketball team. As Clippers…
Which carrier is winning the LTE battle?
Bill Moore, CEO of RootMetrics, sheds light on the battle for superiority in the LTE space. The big story in mobile network performance continues to be LTE, which has moved from…
Alexander Fries, Ecosystem Ventures talks European investment
Alexander Fries is a seasoned businessman and venture capitalist. Having moved from his native Switzerland to Silicon Valley over a decade ago, Fries began helping other Europeans cross the Atlantic and become…
College startups on the rise as students flock to entrepreneurial pursuits
Sean Branagan is bullish on college startups. Not just the wunderkind, drop-out-of Harvard Microsofts and Facebooks; he believes that there are thousands of students across the country who can build and run…
Amazon’s new ventures worry investors further
So far 2014 has been a tough year for Amazon CEO Jeff Bezos. In recent weeks, his net worth reportedly shrank by up to $1 billion thanks to a 16% drop in…
Altitude Digital raises $7m as ad tech market continues to attract investment
Altitude Digital, a video and display advertising technology startup, recently announced a $7 million credit facility from Silicon Valley Bank. The funding is the latest milestone in the company’s rapid growth, and…
Social media giants enjoy encouraging quarter
The last quarter saw strong results nearly across the board in the social media sector. Even Snapchat, neither public nor two years old, was able to latch on to the positive momentum,…
Twitter stock soars as World Cup boosts user figures
Twitter’s stock soared after the company posted better than expected earnings and user growth in its quarterly report. Shares in the social media company jumped as much as 35% in after-hours trading…