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Startup News

Location American Startup News for 18 July 2013
Google CEO: We need to stay focused, but my eyes are on the future You might have been expecting an update on Google Glass, but Page actually chose to talk about Project Loon, an attempt to bring balloon-powered Internet access to people in remote and developing areas.
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Subsurface Deterioration Underlies Positive Year To Date Move While the major indexes look to be firing on all cyclinders, the Sector Sum indicator shows deterioration beneath the surface. The chart below shows the Sector Sum making lower highs even as the S&P 500 makes new highs.
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AMD chief touts video game chips as big diversification opportunity AMD credits semi-custom chips for game consoles for return to profits in upcoming Q3.
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Eat24 releases POS system to help restaurants keep up with demand for delivery After announcing a big partnership with Yelp, food delivery startup Eat24 releases its own point-of-sale system designed for restaurants that have a high volume of online orders.
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Yelp orders up its own reservation service: Acquires SeatMe for $12.7M It was only a matter of time until Yelp outgrew its partnership with OpenTable and stepped up to offer reservations on its own.
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Google's $14B quarter in 9 pictures

Venture Beat - 18 Jul 2013 22:38
Google's $14B quarter in 9 pictures Google just released its Q2 2013 quarterly earnings: $14 billion in revenue, including $13.1 billion in ad sales, and almost $4 billion in profit. Here's the company's quarter, visually.
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'Excel killer' Tableau moves to the cloud

Venture Beat - 18 Jul 2013 22:36
'Excel killer' Tableau moves to the cloud Today, the company held a press conference to unveil its "Tableau online" product, a cloud-based version of its data analysis software.
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The Unsurprising Nature of Unrest

Forbes - 18 Jul 2013 22:31
By Michael Moran and Jonathan Wood
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Xbox 360 sales slow for Microsoft in Q4

Venture Beat - 18 Jul 2013 22:29
Xbox 360 sales slow for Microsoft in Q4 Despite the slowing console sales, Microsoft's devices division is up thanks to Windows Phone.
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AMD beats expectations, swings to a loss with weak Q2 PC sales AMD beats expectations, but it is losing money compared to profits a year ago.
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Microsoft takes $900M charge for Surface RT tablets in disappointing earnings Microsoft's fourth quarter earnings sure look ugly, with missed analyst expectations and the company taking a $900 million charge on its Surface RT tablet inventory.
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CloudBeat 2013: PayPal embraces open cloud most aggressively I'm delighted to announce the first three speakers at our CloudBeat 2013 event in San Francisco on Sept 9-10. This is our third annual CloudBeat, an event set on debating the trends in the cloud economy over the next twe...
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At Google, revenues up, but profitability down

Venture Beat - 18 Jul 2013 22:02
At Google, revenues up, but profitability down PRISM, more EU privacy complaints, and even U.S. accusations of taking drug money weren't enough to keep Google down. This quarter, I/O and Glass generated excitement, but ads brought the revenue.
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Yahoo acquires Beijing-based startup Ztelic

Venture Beat - 18 Jul 2013 21:34
Yahoo acquires Beijing-based startup Ztelic Yahoo today acquired its nineteenth startup, Beijing-based Ztelic, which analyses data from social websites.
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The full PRISM letter Google, Yahoo, Apple, Facebook, and Microsoft are sending congress Google, Apple, Facebook, Microsoft, and many more companies are asking President Barack Obama and the U.S. congress for greater transparency on PRISM, NSA surveillance of Americans, and government requests for data about...
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Oracle Revs Up Exalytics To Boost Both Speed And Simplicity Sheer speed in data analysis just got even faster. Oracle's new Exalytics In-Memory Machine X3-4 is up to 25 times faster than its predecessor, the lightening-fast X2-4. Businesses now have a new and better way to turbo-...
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PHP exploding on Google App Engine: 'It's amazing, and we didn't anticipate this' For years, developers asked Google to enable PHP on App Engine. In May of this year Google finally relented, and the most-requested language for Google App Engine is becoming one of the most popular languages on Google c...
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(Kitco News) - The gold market ended the U.S. day session modestly higher Thursday. Price action saw technical chart consolidation and a corrective bounce following Wednesday's selling pressure. There was not much market...
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Quarterly closes $3.25M to send you gifts from important people you don't know Quarterly is a startup based in Hollywood that offers a subscription service for gifts from influential contributors like Tim Ferriss and Alexis Ohanian.
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Morgan Stanley's Brokerage Biz Improves But Still Trails BofA Merrill Lynch It looks like bigger isn't always better in Wall Street's brokerage business as Morgan Stanley brokers lag Merrill's productivity.
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More Money Or More Freedom, Which Would You Choose? Sunshine. Beach. Bliss. As many of us use the summer months to take a long overdue vacation, languishing on the beach is a good time to reflect reflect on what we really want from life.
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Grovo gets $5.5M for its nifty Internet training videos Grovo cofounder and CEO Jeff Fernandez described the content as "bite-sized, in-house, professionally produced video lessons every day covering the latest changes to the Internet."
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