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Startup News

Location American Startup News for 11 March 2013
Google brings its clean new iOS app style straight to the mobile web "Yeah, but the Contacts page still looks like it was developed by Fred Flintstone."
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Payment leaders: NFC and digital wallets are overhyped, Asia will lead innovation (while Europe lags behind) What will the payments industry look like over the next few years?
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Don’t freak: Mobile ad startup Dobleas nabs $5.4M from Japan’s FreakOut New York City-based mobile ad startup Dobleas has emerged out of stealth with a $5.4 million investment from FreakOut, a Japanese digital marketing company.
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Cadence buys chip design firm Tensilica for $380M

Venture Beat - 11 Mar 2013 22:58
Cadence buys chip design firm Tensilica for $380M Cadence widens its reach in chip design to Tensilica's 200 licensees.
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Rally Software preps for $70M IPO

Venture Beat - 11 Mar 2013 22:52
Rally Software preps for $70M IPO Agile software company Rally is getting ready for the big time -- a debut on the public stock market.
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Will Silicon Valley ever share the wealth?

Venture Beat - 11 Mar 2013 22:25
Will Silicon Valley ever share the wealth? Guest Post Cities are doing a lot to build and promote their own startup communities. But Silicon Valley is still king, and it's growing even more powerful in startup investments. How do we fix this?
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Julie Uhrman: Ouya Online Multiplayer Games Could Run By Year-End Ouya, the Android gaming console for television-based games, is working to launch multi-player gaming features later this year, said Julie Uhrman, founder and CEO of Ouya, in a talk at South By Southwest.
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“We live in a world of abundance,” says Hazel Henderson, D.Sc.Hon., FRSA, president of Ethical Markets Media.  As a futurist and evolutionary economist, Henderson used her insight to write Creating Alterna...
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Watch out, smartphone addicts: Light pollution is the next big green crusade That Galaxy sure is great -- until it eliminates your ability to actually see the galaxy.
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Analyst Moves: TDG, CRM

Forbes - 11 Mar 2013 22:02
TransDigm (TDG) was upgraded by Deutsche Bank (DB) to buy from hold with a price target of $175 due to better aftermarket comps and the stock has lagged its peers. A $175 price target was set.
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Appcelerator is going to the bank with yet another big, fat, Sand Hill Road check The white-hot mobile developer company is stirring a $16 million pot with the help of a few major investment firms.
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Analyst Moves: ACN, MCD

Forbes - 11 Mar 2013 21:45
Accenture (ACN) had its price target increased by Deutsche Bank (DB) as the firm believes that there will be a demand increase during the second half of 2013. A price target of $87 was set.
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Howard Stringer retires after overseeing rocky period for Sony and PlayStation He oversaw the PlayStation 3 launch, 3D televisions, and one of the largest hacks of all time.
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Gangnam Style Wine Videos: What Winemakers Do During Off-Season Winemaking isn’t all barrels and grapes, even winemakers know it’s smart to take a break from the stress of harvest, bad weather, critical reviews and other myriad wine industry issues. John Jordan, owner o...
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Leaked Report: Samsung Now China's Biggest Smartphone Vendor A leaked research report from Strategy Analytics has confirmed what many had been predicting: Samsung leapt forward in 2012 to become China's biggest smartphone vendor for the first time, and just four years after it sta...
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Inside 3D Printing Conference attracts roster of expert panelists Sponsored Post Industry experts, venture capitalists, and professionals in the engineering, technology, manufacturing, culinary, finance, architecture, medical, and fashion industries will meet at Inside 3D Printing Conf...
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Analyst Moves: URS, OI

Forbes - 11 Mar 2013 21:17
URS (URS) had its price target increased by Lazard Capital Markets (LAZ) to $55 as the firm's approach to raising capital should provide value to shareholders.
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Analyst Moves: BTU, MJN

Forbes - 11 Mar 2013 20:57
Peabody Energy (BTU) was downgraded by BMO Capital Markets (BMO) from outperform to market perform with a price target of $22, as the firm believes that the stock price does not provide investors with a good risk/reward ...
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Bitly CEO Peter Stern abruptly resigns to ‘pursue other interests’ Bitly CEO Peter Stern has resigned from the link-shortening startup to “pursue other interests."
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Stripe acquires Kickoff (& a top-shelf, three-dude software design team) Kickoff is a desktop Mac app for group chat and task management for teams. The Apple-flavored product looks and feels at home on Mac devices, but its features are pretty duplicative.
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Trulia is raising $150M to ‘boost cash reserves’ for acquisitions Real estate listings site Trulia announced this morning that it is looking to raise $150 million so it can move quickly on potential acquisitions.
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Strategic investor: Friend or foe?

Venture Beat - 11 Mar 2013 20:14
Strategic investor: Friend or foe? Guest Post What are the plusses and minuses of taking in money from a corporation versus a financial investor?
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