Students Circle Network CEO Steps Down to Focus on New Online University for African Students
Students Circle Network and Beni American University founder, Gossy Ukanwoke announced today he will step down as CEO. The Students Circle Network, a social network focusing on education for college and high school students has seen much success since its launch in 2010, but Ukanwoke feels it is time to put his energy into his new online [...]
Read MoreFacebook To Acquire Instagram For $1 Billion
Facebook has just finished a deal to acquire Instagram. The compensation will be approximately $1 billion in cash and stock. Instagram will remain a standalone app from Facebook, but the services will have increasing ties to each other. The transaction should go through this quarter pending some standard closing procedures Last year, documents for an standalone [...]
Read MoreObama Signs ‘Game-Changing,’ Crowd-Funding JOBS Act
President Obama called the Jumpstart Our Business Startups (JOBS) Act a “game-changing” bill moments before singing it into law Thursday afternoon. The JOBS Act is a bipartisan bill which aims to make it easier for startups to grow, hire employees and contribute to the United States’ sluggish economic recovery. The bill classifies startups as “emerging growth companies” [...]
Read MoreTwitter To Set Up Office In Downtown Detroit
The state of Michigan is changing — a burgeoning startup scene has taken the stage, and what some may call a tech renaissance has swept across the state, namely in Detroit. So it shouldn’t be much of a surprise that Twitter, one of the biggest names in tech, is opening an office in downtown Detroit. The office will be [...]
Read MoreKONY 2012 Part II to Hit the Web Later This Week
Kony 2012, the viral video that received over 4 million views across the web in less than 72 hours is reportedly launching a part two by the end of the week. KONY 2012 Part II is expected to go more in-depth about the issues and conflicts currently going on in Uganda. The first video was [...]
Read MorePresident Obama to Sign JOBS Act in Support of Crowdfunding for Startups
President Barack Obama is set to sign the JOBS Act this Thursday. The act is designed to make crowdfunding a legal option for startups. The JOBS Act will allow startups raising $1 million or less to let non-accredited investors purchase a limited amount of equity in their business. In addition to President Obama and his [...]
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