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Confirmed: Facebook sets $38 share price for largest tech…Editor's Pick Status update: Facebook has priced its shares at $38 apiece and will raise $16 billion (up to $18.4 billion with its over-allotment option) tomorrow … |
editors picks
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Today, Google web search is getting a new, bigger,…
Editor's Pick
Finally, Google’s search algorithm is getting a huge boost from a source we can actually trust.
No, it’s not your dimwit friends and their …
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Fab.com relaunches, and it buries other social shopping experiences
Editor's Pick
Today, Fab.com is launching its third and most ambitious version of the site, and CEO Jason Goldberg said it’s going to remind you of …
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Nvidia poised to change gaming with cloud graphics chips
Editor's Pick
Nvidia announced today that it has created unique features in its Kepler-based graphics chips that could make cloud-based gaming much more practical. The company …
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Startup Clinic: Don’t write too much code before you…
Guest Post This is the first in a series of VentureBeat columns by award-winning author and serial entrepreneur Penelope Trunk. She's going to be our startup critic: She'll review new companies, point out what they're doing right, and give them advice (which she's never shy about anyway) for how they can improve. Her first company is Browsemob.
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World exclusive Diablo III review!!!!
Editor's Pick Almost immediately, it's obvious that Blizzard has put a ton of detail into Diablo III. I don't want to be one of those overly positive game journalists who blurts out "game of the year" at the drop of a hat but...game of the year!
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New CEO Ross Levinsohn, in message to Yahoos, says…
Editor's Pick
After an aggressive reign that ended in a sordid résumé scandal, Scott Thompson, just four months into his job as CEO, is out at …
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If Walmart.com’s horrible copy writers were to describe 2012′s…
Editor's Pick A selection of 2012's most anticipated releases, written in the style of Walmart.com's hilarious Diablo III product description.
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With IPO just days away, Facebook faces FTC probe
Editor's Pick
Facebook’s $1 billion purchase of photo-app Instagram caused quite the uproar in Silicon Valley, but it apparently also raised the eyebrows of federal regulators.…
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My role in the Groupon story
Guest Post
Recently, people have questioned my motivations around writing about Groupon. They have tried to insinuate that I’m writing about Groupon for personal financial gain.…
latest news
Facebook’s rocking, all-night hackathon kicks off with standing ovation for CEO
On the eve of the largest technology IPO in American history, the company at the center of all the hoopla is celebrating in a geeky-chic style emblematic of its eight-year history.
Friday morning at 6:30 a.m. Pacific, Facebook CEO Mark …
6 reasons E3 might suck this year
This year's E3 is looking more notable for what we won't be seeing.
Mobile startup Fun Machine believes games can do social good
New mobile entertainment software company Fun Machine likes its games to have a positive message.
Forget the iTV, Steve Jobs wanted to make an iCar
Steve Jobs evidently thought about disrupting everything. From computers, to phones, to televisions … to cars. Apple board member and J. Crew chief executive Mickey Drexler revealed the unfulfilled dream.
“Steve’s dream before he died was to design an iCar, …
Kleiner Perkins closes its fifteenth venture fund with $525M
Kleiner Perkins Caulfield & Byers, one of Silicon Valley’s most storied venture capital firms, has closed its fifteenth investment fund.
The company announced today that it has raised $525 million for KPCB 15, which will invest in “early-stage digital consumer …
Why Facebook’s GM ad drama won’t impact this IPO
The timing couldn’t have been worse. On the week of its IPO, Facebook saw one of its largest advertisers, General Motors, get up and leave the table, likely taking millions of dollars with it.
The move prompted a swirl of …
Twitter uses millions of embedded Tweet buttons to customize your Who-to-Follow experience
Twitter is experimenting with personalized lists of Who to Follow accounts. Interestingly, the company is accomplishing this using data generated by millions of embedded Tweet buttons around the web.
The Who To Follow functionality has been on Twitter for several …
Funding daily: Pin a few millions to your Pinterest board
Happy Facebook IPO eve! Check out the companies getting funded today below. Click the links in each paragraph to learn more about the day’s funding news.
If you’re hankering for more funding news throughout the day, you can subscribe to …
Comcast rejiggers its 250GB monthly data cap policy
Cable TV and Internet service provider Comcast is revising its policy on data caps, the company announced in a very thorough blog post today.
Previously, Comcast limited its residential Internet service subscribers to a 250GB data cap per month, meaning …
Watch Facebook’s historic IPO live on the NASDAQ’s website
Facebook has priced its shares at $38 and will raise up to $18.4 billion in the largest technology IPO in U.S. history. Those who don’t want to miss a single moment of the watershed occasion are in luck, as the …
White House cyber security coordinator stepping down
The White House is losing its cyber security coordinator Howard Schmidt to retirement this year after a tumultuous 2011, often referred to a the year of the hack.
Schmidt served the White House in this role for two and a …
Kayak likely to ride Facebook wave with IPO in coming weeks
Travel search site Kayak will likely time its IPO in the next few weeks to capitalize on the record-breaking Facebook IPO that will happen Friday, according to a CNBC report.
The eight-year-old flight-, hotel-, and car-reservation service originally filed for …
Twitter continues to be the anti-Facebook with Do Not Track support
While privacy seems like a concept lost on Facebook, Twitter is showing that it understands its users’ need for security by supporting Mozilla Firefox’s “Do Not Track” feature, a day before Facebook is set to raise billions in its IPO.…
Confirmed: Facebook sets $38 share price for largest tech IPO in U.S. history
Editor's Pick
Status update: Facebook has priced its shares at $38 apiece and will raise $16 billion (up to $18.4 billion with its over-allotment option) tomorrow in its long-awaited initial public offering on the NASDAQ, the company has confirmed.
At $38 per …
HP planning to slash at least 25,000 jobs, say reports
Hewlett-Packard plans to cut between 25,000 and 30,000 jobs next week in a move to restructure the company, according to reports by Bloomberg and AllThingsD.
CEO Meg Whitman will announce the layoffs next Wednesday on a conference call with analysts …
Everyme, the truly private social network, arrives on Android and the web
Sitting at the intersection of group messaging and social networking is Everyme, a startup so zeroed in on private communication that it prevents sharing beyond its walls. Today the company, which allows users to post updates and photos to groups, …
Facebook to reengineer the IPO with all-night hackathon
To prove that the “Hacker Way” is alive and well at Facebook, the social network will be hosting an all-night, employee hackathon at its Menlo Park campus and satellite offices.
The event, dubbed Hackathon 31, is especially significant for the …
6 multibillion dollar businesses Facebook would do really well at
Guest Post
With Facebook’s IPO less than 24 hours away, I remain very bullish about the company. (Disclosure: I have entered my indication of interest with my broker for an IPO allocation. I expect that, like most people who ask for shares, …
Spotify is pressing play on a new $220M round at a $4B valuation
Streaming music service Spotify is currently seeking a new mega-round of funding that could more than triple the startup’s current valuation, according to a New York Times report.
Spotify was previously estimated to hold a $1 billion valuation after closing …
Epic unveils Unreal Engine 4 for eye-popping next-generation game graphics
Epic Games revealed today its foundation for the next decade of graphics technology in video games. Speaking to Wired, Epic’s founder Tim Sweeney unveiled the Unreal Engine 4 technology.
The image above is from the new engine. It enables next-generation …
