Kik Raises $8M, Launches Group Chat and Photo Sharing
Kik has just raised $8 million in Series A funding from RRE Ventures, Spark Capital, and Union Square Ventures. Union Square Ventures’ Fred Wilson and RRE Ventures’ Adam Ludwin are joining the company’s Board of Directors. “Kik is a fast, simple, and elegant solution to cross device mobile messaging which we think is one of [...]
Read More$315 Million Huffington Post Acquisition Closed After One Month
It was only a month ago that AOL agreed to acquire the Huffington Post for $315 million. Now, the deal has been finalized. Arianna Huffington is officially President and Editor in Chief of what is now called the Huffington Post Media Group: “a leading source of news, opinion, entertainment, community, and digital information.” This group [...]
Read MoreApple to Provide Cloud Storage for Digital Downloads?
Bloomberg reports that Apple is in talks with the record companies to possibly give iTunes customers easier access to their music across multiple devices. Those familiar with the situation say a deal could be announced by midyear. This setup would provide users with a permanent home in the cloud for their iTunes purchases, making it [...]
Read MoreMicrosoft Encourages Next Generation of Tech Leaders at Tuskegee University
This year, Microsoft will host a Realizing Your Dreams: Imagine Cup event at Tuskegee University in Tuskegee, AL. This will be the first year that Historically Black Colleges and Universities (HBCUs) have participated in Imagine Cup and highlights Microsoft’s commitment to “enabling broader and more inclusive access to technology resources.” The Imagine Cup, which attracts [...]
Read MoreWordPress.com Survives Huge DDoS Attack. Possibly Politically Motivated.
A short while ago, WordPress.com suffered a major DDoS attack. According to TechCrunch, this made it almost impossible for them to cover the story as they could barely get the post up. According to the Automattic status site: WordPress.com is currently being targeted by an extremely large Distributed Denial of Service attack which is affecting [...]
Read MoreLebron Foundation, HP to Donate 1,000 Computers
The LeBron James Family Foundation and Hewlett-Packard have joined forces to donate 1,000 new computers to 59 different Boys & Girls Clubs nationwide. The money comes from the $3 million LeBron raised for charity during his one-hour “The Decision” special, where he announced he would join the Miami Heat. First stop? The Miami Boys & [...]
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