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Tuesday, January 6, 2009
Logitech Cuts 15 Percent of Staff
Fremont-based computer accessories maker Logitech said Monday that the firm will cut fifteen percent of its staff, as the firm has been hit be a deteriorating retail market. (More info...)
posted on Tuesday, January 6, 2009(Full story)
Sentilla Scores $7.5M
Redwood City-based Sentilla said Tuesday that it has raised $7.5M in a Series B funding round. (More info...)
posted on Tuesday, January 6, 2009 (More)(Full story)
Report: LiveJournal Cuts US Staff
Blog and social networking service LiveJournal has reported cut 20 of its 28 employees, according to a report in Gawker. (More info...)
posted on Tuesday, January 6, 2009(Full story)
Macrovision Shuffles TV Guide Deal
Santa Clara-based Macrovision said Monday that it has terminated its December 18th deal to sell its TV Guide Network and TV Guide Online properties to a consortium of private equity firms, and instead
posted on Tuesday, January 6, 2009(Full story)
MobiTV Adds CBS
Emeryville-based MobiTV said today that the firm has inked a deal with CBS Mobile, to bring a number of popular CBS television shows to mobile phones. (More info...)
posted on Tuesday, January 6, 2009(Full story)
Monday, January 5, 2009
Picasa Hits The Mac
Google's photo organizing and editing software, Picasa, has finally hit the Mac, as Google said Monday that it has released Picasa for Mac ahead of MacWorld. (More info...)
posted on Monday, January 5, 2009(Full story)
Twitter Gets Hacked
High profile messaging and micro-blogging site Twitter was hacked Monday, when 33 of the firm's accounts were used by an unknown hacker. (More info...)
posted on Monday, January 5, 2009(Full story)
Xobni Raises $7M
San Francisco-based Xobni, which develops a plugin for Outlook email, said Monday that it has raised $7M in a Series B funding round. (More info...)
posted on Monday, January 5, 2009 (More)(Full story)
Turin Networks, Force10 Merge
Petaluma-based Turin Networks and San Jose-based Force10 Networks said today that the firms have signed a definitive agreement to merge. (More info...)
posted on Monday, January 5, 2009(Full story)
Green Investments Total $2.5B In Q4
Online media firm Greentech Media, which follows the renewable energy and clean technology industries, is reporting today that venture capital investment in the green technology area exceeded $2. (More info...)
posted on Monday, January 5, 2009(Full story)
Clarus Ventures Names Partners
South San Francisco- and Cambridge-based venture capital firm Clarus Ventures, LLC, said this morning that it has named two new partners. (More info...)
posted on Monday, January 5, 2009(Full story)
Intel Backs Mirics
Intel Capital is among the venture investors re-investing in Mirics Semiconductor, a UK-based firm developing semiconductors for the RF market, Mirics said Monday. (More info...)
posted on Monday, January 5, 2009 (More)(Full story)
Apple's Jobs On New Health Problem
Apple CEO Steve Jobs--long the subject of health rumors--released an open letter to Apple's community Monday morning, explaning Jobs recent decision to not keynote the upcoming MacWorld conference. (More info...)
posted on Monday, January 5, 2009(Full story)
Seagate Ups Density
Scotts Valley-based hard disk developer Seagate said today that it has begun shipping a new 7200 RPM drive which it claims has the world's largest areal density. (More info...)
posted on Monday, January 5, 2009(Full story)
Eye-Fi Targets iPhone Application
San Francisco-based Eye-Fi, which develops a wireless memory card for digital cameras, announced this morning that it has developed a new iPhone application. (More info...)
posted on Monday, January 5, 2009(Full story)
ooma Extends Best Buy Deal
Palo Alto-based ooma, which develops a hardware device designed to connect home phone systems into a VoIP network, said this morning that it has inked a deal with Best Buy to offer its system nationwi
posted on Monday, January 5, 2009(Full story)
Friday, January 2, 2009
Venture-Backed Liquidity Reaches 5 Year Low
U.S., venture-backed companies are seeing their lowest liquidity in five years, according to a report released today by Dow Jones VentureSource. Dow Jones found that there was only $24. (More info...)
posted on Friday, January 2, 2009(Full story)
Atmel Sells German Operations
San Jose-based Atmel said earlier this week that it has completed its sale of its Heilbronn, Germany wafer fabrication operations. (More info...)
posted on Friday, January 2, 2009(Full story)
Wednesday, December 31, 2008
Online Holiday Sales Down 3 Percent
Holiday shopping on e-commerce sites declined by 3 percent, according to the latest numbers released by comScore, which tracking online spending and internet traffic. (More info...)
posted on Wednesday, December 31, 2008(Full story)
Monday, December 29, 2008
Sylantro Acquired By BroadSoft
Campbell-based Sylantro Systems, a developer of VoIP applications, has been acquired by BroadSoft. BroadSoft did not disclose financial terms of the acquisition. (More info...)
posted on Monday, December 29, 2008(Full story)
Tuesday, December 23, 2008
BDNA Completes PS'Soft Buy
Mountain View-based BDNA Corporation, a provider of IT infrastructure management software, said today that it has completed its acquisition of European firm PS'Soft. (More info...)
posted on Tuesday, December 23, 2008(Full story)
Monday, December 22, 2008
KaloBios Pharmaceuticals Raises $12M
South San Francisco-based KaloBios Pharmaceuticals disclosed Monday that the biotech firm has raised $12M in a second close of its Series D venture funding. (More info...)
posted on Monday, December 22, 2008 (More)(Full story)
Provigent Raises $10M
Santa Clara-based Provigent, which develops systems-on-a-chip for the broadband wireless market, announced Monday that it has raised $10M in a fifth round of funding. (More info...)
posted on Monday, December 22, 2008 (More)(Full story)
Project Playlist Inks Deal With Sony BMG
Palo Alto-based Project Playlist, a startup which allow users to share their music playlists with friends and others, said today that it has inked an agreement with SONY BMG Music. (More info...)
posted on Monday, December 22, 2008(Full story)
Turn Names New President, COO
Redwood City-based online advertising firm Turn disclosed today that it has named Bill Demas as its new President and Chief Operating Officer. Demas joins the firm from MokaFive, where he was CEO. (More info...)
posted on Monday, December 22, 2008(Full story)
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