The Flame Virus: Your FAQs Answered
Posted by PCWorld
Flame can sniff out information from input boxes, record audio from a connected microphone and take screenshots of applications that the virus deems important[...]
Continue ReadingAn $800M Buddy Media Acquisition Would Be Worth 8X Its Current Revenue
Posted by TechCrunch
Salesforce.com may be close to acquiring Buddy Media in the largest social media marketing acquisition to date, according to sources close to the company. AllThingsD reported earlier today that Salesforce is getting close to a deal for more than $800 million, and we’d heard acquisition rumors earlier this week too, though Buddy Media declined to comment. Now our sources say the price may be considerably higher depending on the equity component of the deal. That may put it more in the neighborhood of $1 billion.If the acquisition happens in that price range, the deal would would be an impressive multiple given Buddy’s current revenue run rate. As of last year, Buddy was projecting[...]
Continue ReadingGroupon Picks Up Breadcrumb For A Little Point-of-Sale Magic
Posted by TechCrunch
Groupon just announced via its blog that it has acquired Breadcrumb, the creators of an affordable point of sale system and iPad app that targets local restaurants.
While the terms of the deal have not yet been disclosed, Groupon has made a run of acquisitions over the last six months, and this move is likely one being made half for talent and half for access to the startup’s client roster. That being said, we’re hearing from sources close to the deal that the acquisition price was in the $10 to $15 million range, with a sizable retention pool for founder Seth Harris along with the sales and support team that will be staying on.
The move comes as the daily deals behemoth looks[...]
Continue ReadingWhile the terms of the deal have not yet been disclosed, Groupon has made a run of acquisitions over the last six months, and this move is likely one being made half for talent and half for access to the startup’s client roster. That being said, we’re hearing from sources close to the deal that the acquisition price was in the $10 to $15 million range, with a sizable retention pool for founder Seth Harris along with the sales and support team that will be staying on.
The move comes as the daily deals behemoth looks[...]
Gartner: Mobile payments will top $171B this year, despite fragmentation
Posted by VentureBeat
The current state of the mobile payment industry could at best be called slightly confounding, or, at worst, a complete mess.
But in spite of increased competition from stakeholders like Square, PayPal, Google, Mastercard, Intuit and, most recently, Verifone, the mobile payments industry is still set for some major growth.
According to Gartner research director Sandy Shen, mobile payments are set to top $171 billion this year. That’s a sixty percent jump over last year’s numbers, which totaled roughly $105 billion, Gartner said.
While much of that will be fueled by the larger companies, a significant percentage of the burden will be carried by smaller mobile payments players who[...]
Continue ReadingBut in spite of increased competition from stakeholders like Square, PayPal, Google, Mastercard, Intuit and, most recently, Verifone, the mobile payments industry is still set for some major growth.
According to Gartner research director Sandy Shen, mobile payments are set to top $171 billion this year. That’s a sixty percent jump over last year’s numbers, which totaled roughly $105 billion, Gartner said.
While much of that will be fueled by the larger companies, a significant percentage of the burden will be carried by smaller mobile payments players who[...]
Samsung’s new Music Hub wants to be more than an iTunes killer
Posted by VentureBeat
Samsung has released new details/a> of its forthcoming streaming music service, Music Hub, and it might even turn out to be more than just another iTunes competitor.
The service aims to provide a media service for owners of Samsung’s mobile devices, much in the same way that Apple has done with iTunes on the iPod and iPhone.The service itself would allow Samsung device owners to store their digital music files, gain access to it where ever there’s an available internet connection via the cloud, and purchase new music through an online store.
Music Hub will roll out across Europe Tuesday for owners of the Samsung Galaxy S III smartphone, and eventually it will add support for d[...]
Continue ReadingThe service aims to provide a media service for owners of Samsung’s mobile devices, much in the same way that Apple has done with iTunes on the iPod and iPhone.The service itself would allow Samsung device owners to store their digital music files, gain access to it where ever there’s an available internet connection via the cloud, and purchase new music through an online store.
Music Hub will roll out across Europe Tuesday for owners of the Samsung Galaxy S III smartphone, and eventually it will add support for d[...]
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