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Startup News

Location American Startup News for 1 July 2013
Bebo bargain: After selling to AOL for $850M in 2008, founders buy it back for ... $1M AOL bought Bebo in 2008 for $850 million in cash. After five years of failures and losses, Bebo's founder buys it back for a meager $1M to "reinvent" the site for fun.
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Skype for Android takes some cues from Windows Phone Skype for Android now looks a whole lot like Skype for Windows Phone.
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Yahoo bets big on fantasy sports, acquires one-man startup Bignoggins Bignoggins helps people manage multiple fantasy sports teams from one app. The startup has never hired any employees or taken outside funding.
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Google Glass updated with web browsing, new voice commands, & more Google Glass has been updates to include a first take on web browsing, new voice commands, and integration with Gmail contacts.
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How Uber, Lyft, and Sidecar are saving Bay Area commuters during a major public transit strike When a huge Bay Area transit strike leaves 400,000 looking for ways to get into work, alternative transport companies rise to show their worth.
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Man implants magnets to make his ears into their own headphones By implanting powerful magnets in the flesh of his ears, one body hacker has eliminated the need to wear earphones or earbuds.
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Microsoft killing off TechNet subscription service after 15 years Microsoft's TechNet subscription service has provided IT pros with one of the best software deals on the web for more than 15 years. But soon, Microsoft will shut down the service.
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Outbox gets $5M because you're too lazy to sort your own mail Outbox, the company that picks up and sorts through your mail for you, got its first round of funding.
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Putting 'uber' back into uber-rich: Uber launches SUV, chopper service to Hamptons Uber has announced a new summer SUV service to the Hamptons. To kick off this extravagant new offering, Uber will celebrate with a limited time offer for on-demand rides via private helicopter.
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I invested in Bitcoin. You should, too.

Venture Beat - 1 Jul 2013 20:06
I invested in Bitcoin. You should, too. Guest Post Since I heard about Bitcoin earlier this year, I've been developing my investment thesis. Here's some advice for early investors.
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MobileBeat 2013: Day two will be all about monetization Join us on July 9-10 for two days packed with high-level discussions, breakouts, exclusive announcements, and networking sessions.
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Intuit sells off its financial services unit for $1B The move will help Mountain View, Calif-based Intuit focus on reaching small businesses and individuals with its tax-preparation software.
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Nokia buys out Siemens stake in Nokia Siemens Networks for $2.2B Nokia has agreed to buy out Siemens' 50 percent stake in their joint venture, in an effort to boost its cash reserves and turn Nokia's struggling business around.
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How Restaurants Sabotage Your Diet With Healthy Foods Want to cut the calories in that tempting piece of chocolate cake? It's easy... just spoon some fresh fruit on top of it! Of course, the real calorie total increases, but new research shows adding a healthy topping to a ...
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D.C.'s Special Interest Spectrum Policy

Forbes - 1 Jul 2013 18:24
One of few things most everyone agrees on is the success of the U.S. mobile industry. America leads the world in 4G network coverage and in device, mobile operating system, and app innovation. Yet the industry's very suc...
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How Sony applied the lessons of the past in designing the PlayStation 4 In the past, Sony was insular. This time, it has listened to partners and consumers.
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Groupon launches 'upscale' restaurant booking & discount service Diners can use Groupon Reserve to book tables at fancy restaurants for a discounted rate (up to 40 percent), no pre-payment required.
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Mentored Microfinance Yields Higher Impact, Says Mentors International CEO Mentors International CEO Mark Petersen says that his mentored microfinance program yields higher impact than programs that merely finance poor entrepreneurs in developing countries.
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RollApp scores $1M to bring Windows & Linux apps to any browser Here's one way Chrome OS could finally be useful.
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Stealth clothing is the Google Glass defense we've been waiting for The rise of Google Glass will give birth to a market for devices meant to disrupt it.
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Why Manufacturing in the U.S. is Personal

Forbes - 1 Jul 2013 17:12
Leaders from the business, foundation, NGO and government sectors came together in Chicago two weeks ago to find solutions that accelerate the economic recovery in the United States. They came to the Windy City for the t...
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How hybrid apps will help in the $100B battle for mobile dominance Guest Post Hybrid apps, which use an HTML5 core inside a native app "wrapper," are an increasingly attractive option -- but there are still some downsides to this approach.
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