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Startup News

Location American Startup News for 7 August 2013
Apple's iTunes streams satisfaction, beating out Netflix, Amazon, Hulu, and HBO GO It's pretty impressive to win a streaming media popularity contest when you ... aren't ... actually ... streaming. But Apple has accomplished that impressive feat with iTunes. Mainly by cheating.
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This is Apple's new cheaper iPhone (gallery)

Venture Beat - 7 Aug 2013 23:53
This is Apple's new cheaper iPhone (gallery) The iPhone 5S better better be very, very nice. Because this plastic-backed less expensive iPhone looks every inch a polished Apple product.
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Developer favorite Digital Ocean nabs $3.2M for its cloud hosting service The company launched last year, but claims to already have over 35,000 developer customers, who have developed 340,000 virtual servers. IA Ventures, the firm that led the round, invested off the back of this growth.
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Groupon stock surges 20% after Eric Lefkofsky becomes CEO Groupon up 20 percent in after-hours trading after officially appointing executive chairman Eric Lefkofsky to CEO.
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Video ad network YuMe raises $46M in tiny IPO

Venture Beat - 7 Aug 2013 23:20
Video ad network YuMe raises $46M in tiny IPO YuMe initially intended to raise $65 million, but significantly lowered its share prices to begin trading.
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Under Bezos, the Washington Post now has the chance to become a 134-year-old startup Just like his leadership strategy for the world's largest online store Amazon, Jeff Bezos is likely to provide The Washington Post with something it desperately needs to prove itself as a worthy business: time.
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Amazon Web Services: size, profit, distribution, and efficiency (infographic) While Azure is about a billion-dollar business for Microsoft, Amazon likely will almost quadruple that revenue in 2013.
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These are the top apps Windows Phone is still missing Microsoft has done an admirable job making Windows Phone 8 a good mobile OS. But it's still desperately missing a ton of big name apps.
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The G2 is LG's unremarkable answer to the Galaxy S IV (hands-on) The LG G2 feels so similar to the Galaxy S IV that it might as well have been announced by Samsung.
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The 20 Best Latin Phrases For Business Leaders Bringing out a good Latin phrase in a discussion is like brining a gun to a knife fight. It gets people's attention. But if you are quoting Lucretius at the start of every meeting "nil igitur mors est ad nos" (Death, the...
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Texas Oil And Gas Numbers Fly Off The Charts The growing scale of the oil and natural gas boom in Texas continues to stun most observers. We have discussed this phenomenon periodically (see prior pieces here and here) , but the newest developments are so off the ch...
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3 execs say buh-bye to BlackBerry, stock drops 4 percent BlackBerry lost three more senior executives today after cutting out 250 employees as part of a restructuring effort.
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IRS To Collect Estate Tax From Beneficiary After More Than A Decade It is easy to find material that will tell you what a great thing it is to "avoid probate". Maureen Mangiardi's father, Dr. Joseph Mangiardi,managed it for the bulk of his estate. According to a recent decision in US Dis...
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The Winners And Losers At This Summer's Box Office. The movies that earned the most, and the least, as a percentage of their production budgets.
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From 'The Purge' To 'R.I.P.D.': The Summer In Hits And Misses 'The Purge' earned the most at the box office as a percentage of its production budget.
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Edward Snowden factored in to Obama's decision not to meet with Putin President Obama has canceled a meeting with Russia's Putin citing political issues including Edward Snowden's asylum.
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Gene by Gene takes aim at 23andme with Arpeggi acquisition When asked about his goals for the coming year, Arpeggi chief scientist David Mittleman immediately hit back, "Our intention is to offer people the best reconstructive model of their genome."
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You Can Now Rent Out Sting's Tuscan Estate For Your Wedding Or Vacation Many celebrities rent out their holiday estates when they're not in residence. The latest is Sting's 900 acre estate in Tuscany.
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Music veteran launches AGOGO to break audio content out of its cages The mobile app integrates audio content from a range of sources, including music apps, radio stations, and news broadcasts, to make finding good stuff to listen to easier.
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Bitcoin bonus in Ponzi-scheme case: Judge rules it's a legit currency Bitcoin got love from a judge this week who said a Ponzi scheme case involving the currency should go forward because Bitcoin is, in fact, real money.
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IDC: 13 percent iPhone market share might be Apple's lucky number "But with a new iPhone and revamped iOS coming out later this year, Apple is well-positioned to re-capture market share," he said.
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Don't just update -- relaunch: How Lumosity's new app shot to the top of the App Store (interview) VentureBeat spoke with Lumosity CEO Kunal Sarkar about his bold decision to relaunch an entirely new iPhone app.
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