Things categorized as 'Business and Technology'
Interactive Corp opens venture arm, but how long will it stay?
IAC, the New York media conglomerate run by Darry Diller, and owner of Match.com, Ticketmaster and Evite.com, is opening up a venture capital investment arm in San Francisco. It will be run ...
Brash raises $400M for new video game company
Brash Entertainment, a new Los Angeles company, said it is launching today with $400 million in financial backing to offer high-quality video games based on movie releases, television and music. This is a ...
Palm sells 25 percent stake to Elevation for $325M — Apple ghost follows
Palm Inc., the smart-phone maker, will reportedly sell a 25 percent stake to a private equity firm Elevation Partners, of Silicon Valley, for $325 million. The move, reported by the WSJ, comes after ...
Amp’d Mobile files for banktrupcy
Amp’d Mobile, a Los Angeles based mobile provider, has filed for Chapter 11 bankruptcy protection after falling into debt and not being able to raise more cash to cover it. This is a ...
Tumri, the online ad network, raises $10M more
Tumri, online advertising company that lets publishers choose the type of advertisers they want to run in a so-called AdPod on their Web sites, has raised a $10 million second round of ...