Roundup: Dow drops 680 points, Palm revenues crater, Trutap shutting
Here’s the latest action:
The Dow drops 680 points: The U.S. stock market tanked on Monday as concerns mounted about the global economic crisis. The Dow closed at 8149.09, down 7.7 percent. With oil down below $50 a barrel and markets worldwide suffering the jitters, investors are… Continue Reading
Trutap, mobile social network company, raises $6.5M after launch
Trutap, the London company giving teenagers communications and social networking features on their cellphones, said it has raised $6.5 million more in funding. The company has now raised about $13 million in total. The company launched just two weeks ago; we wrote about it here.
Funding… Continue Reading
New companies launch: Yap, Cognitive Code, Viewdle, Faroo & more
Ten companies presented during today’s morning portion of Techcrunch40 conference in San Francisco. If we were able to have stock in these companies, here’s how we’d rank them: CastTV, Cubic Telecom, Yap, Cognitive Code, Viewdle, Powerset, Trutap, Faroo, Ceedo and Loudtalks. Summaries of each company… Continue Reading
Trutap takes on Bluepulse — to be mobile social network
Trutap, the latest company wanting to give the world’s teenagers access to their lives on mobile phones, will launch Friday.
Its features may sound familiar: The London company has built a downloadable mobile application that works in more than 200 countries, on most of the world’s… Continue Reading