Andreessen Horowitz fund makes first investment in startup already tied to partnersAugust 18th, 2009 Andreessen fund's 1st investment has familiar ringBELLEVUE, Wash. — A new fund managed by Web browser pioneer Marc Andreessen and his longtime confidant Ben Horowitz is treading familiar ground with its first investment — a high-tech startup already tied to the two partners.
Analysts expect profit of 13 cents per share in IAC's 3rd quarter, ad revenue seen decliningOctober 26th, 2009 Earnings Preview: IAC/InterActiveCorpSAN FRANCISCO — IAC/InterActiveCorp reports earnings for the third quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period:
OVERVIEW: During the third quarter, the Barry Diller-led Internet company said it would begin a new media venture with Ben Silverman, who was leaving his post as co-chairman of NBC Entertainment.
Sun Buys Stealth Mode Startup Montalvo SystemApril 25th, 2008 Sun Microsystems (JAVA) bought Montalvo System, a Silicon Valley semiconductor startup which is still in stealth mode. Montalvo Systems succintly describes itself as a "well funded fabless semiconductor startup funded by prominent Silicon Valley venture capital firms".
Sony joins Vevo music video siteJune 4th, 2009 Sony becomes 2nd label on Vevo music video site
LOS ANGELES — Recording company Sony Music Entertainment has joined Vevo, an online music video site due to launch this year with the backing of Universal Music Group and YouTube. The music unit of Sony Corp.
VisionChina Media to buy subway-screen advertisers Digital Media Group for $160 millionOctober 15th, 2009 VisionChina Media to buy Digital Media GroupSEATTLE — VisionChina Media Inc., which operates digital advertising screens on mass transportation systems in China, said Thursday it will buy subway advertising company Digital Media Group for $160 million in cash and stock. Beijing-based VisionChina Media said that when the deal closes, it will have exclusive subway advertising networks in eight major cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen, plus bus ad networks in 18 of the country's richest cities.
Tetrahedral Model of BusinessJanuary 24th, 2004 Excellent article on the structure of a startup. I would recommend any entrepreneurs to read it.
Family ties: Google invests another $2.6 million in startup launched by co-founder's wifeJune 19th, 2009 Google invests $2.6M in startup tied to BrinSAN FRANCISCO — Google Inc. loves 23andMe Inc., a biotechnology startup conceived by co-founder Sergey Brin's wife.
Startup IT company announces plans for central Indiana headquarters with hundreds of workersOctober 28th, 2009 Startup IT company plans hiring hundreds in Ind.KOKOMO, Ind. — A startup information technology company plans to open its headquarters in central Indiana and potentially hire hundreds of workers in the coming years.
EBay to sell majority of telecom service Skype for $2B, partly reversing puzzling 2005 dealSeptember 1st, 2009 EBay partially undoes Skype deal, selling majoritySAN FRANCISCO — Rather than enduring the uncertainty of spinning off the Skype telecommunications service through a public stock offering, eBay Inc. has found a different way out: It is selling the majority of Skype for about $2 billion to a group of private investors.
Twitter's influence, moneymaking challenges emerge as hot topic as media summit kicks offJuly 8th, 2009 Top media execs wonder how Twitter will make moneySUN VALLEY, Idaho — It turns out the media elite aren't so different from a lot of less affluent folks: They think Twitter is a great communications tool, but can't figure out how the online messaging service is going to make money. The recurring doubts about Twitter's moneymaking potential cropped up again Wednesday as an exclusive media summit hosted by investment banker Allen & Co.
Canadian media giant Canwest to seek court protection while it restructures its debtOctober 6th, 2009 Canada's Canwest to seek court protectionTORONTO — Canwest Global Communications Corp. said Tuesday it will file for bankruptcy protection under a deal with a key group of lenders as Canada's biggest media company seeks court approval to restructure its debt after months of negotiations.
Sarkozy, Bruni kissing video on Facebook branded 'nauseating' by pressMay 22nd, 2009 LONDON - French President Nicolas Sarkozy has come under attack from the press after he revamped his Facebook page by posting a video of him kissing his supermodel wife Carla Bruni. The video, which was shot this month during an informal interview between First Lady and competition winners from a women's magazine, has been branded as "nauseating" by the press, reports Sky News.
IAC and NBC's Ben Silverman team up in new venture, but details remain scarceJuly 27th, 2009 Details scant in venture with IAC, NBC's SilvermanNEW YORK — A new venture that NBC Entertainment co-chairman Ben Silverman is leaving the network to form with Barry Diller's IAC/InterActiveCorp promises better integration of ad campaigns by involving advertisers earlier in a show's development. It also promises to develop content and marketing across every medium, "from Twitter to television," as Silverman puts it.
Google sells radio advertising business as part of plan to shed underperforming operationsAugust 5th, 2009 Google sells underperforming radio ad businessSAN FRANCISCO — Google Inc. has found a buyer for a radio advertising business it has abandoned as part of efforts to cut costs and jettison underperforming operations.
Tech giants offer ideas on charging readers online, but will publishers take the leap?September 10th, 2009 Tech giants offer ideas on charging readers onlineNEW YORK — Some of the world's most prominent technology companies are offering suggestions to publishers on how they can charge readers for news online. IBM Corp., Microsoft Corp., Oracle Corp.
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