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Live From Nintendo's E3 2011 Keynote! It's New Wii Time!
Jun 07, 4:05PM
We're here at Nokia Theater right by the LA Convention Center for Nintendo's E3 Day One keynote. We expect a number of reveals, including updates on Zelda: Skyward Sword, a brand new Mario for the 3DS, and most importantly, the successor to the Wii, code-named "Project Cafe." While we don't expect a playable console (it may arrive by the holidays, but even that may be optimistic), we'll get to see the mythical mega-controller with the 6-inch screen, dual cameras, and who knows, maybe a vitality sensor. We're entering now and should be getting the news flowing in just a few minutes here.
Rally Lands $20M For Agile Application Lifecycle Management Solutions
Jun 07, 3:32PM
Rally Software, a specialist in Agile application lifecycle management (ALM) solutions, this morning announced that it has raised $20 million in funding led by Meritech Capital Partners (an investor in companies like Facebook, NetSuite and Salesforce.com). The funding will be used for growth and to accelerate adoption of Rally's platform for Agile development.
Fusion-io Ups Price Of IPO To $16 To $18 Per Share; Now Valued At $1.4 Billion
Jun 07, 2:40PM
The technology IPO rush continues this week as Fusion-IO, the developer of flash- memory technology for companies, increased the price of its IPO to $16 to $18 per share. The company had previously priced its shares at $13 to $15 per share, which valued the company at as much as $1.17 billion. The increase announced today puts Fusion-io's total value at $1.4 billion. Fusion-io's enterprise flash-based drives help store data in smaller devices and is known for being an incredibly fast data storage solution. Facebook is a client of Fusion-io, which has raised $110 million from Meritech Capital Partners, Accel Partners, Andreessen Horowitz and Triangle Peak Partners, New Enterprise Associates and Lightspeed Venture Partners.
Electronics Manufacturing Company PCH International Raises $30 Million
Jun 07, 2:17PM
We've written quite a bit about PCH International, a China-based supply chain solutions company and a leader in the accessories market for e-readers, tablets and smartphones. Most recently, we covered the launch of their business accelerator program, which was presented on stage at Disrupt NYC. The company just announced that it has raised a new round of funding, to the tune of $30 million. Two new investors (Northbrooks Investments and J. Christopher Burch) participated in the round alongside existing investors Norwest Venture Partners, Triangle Peak Partners, Cross Creek Capital and Fung Capital.
Wih 3.2 Million Downloads Under Its Belt, Fotopedia Launches National Geographic Photo App
Jun 07, 1:48PM
It was almost a year ago when Fotopedia launched its first iPad photo app which brings together 20,000 gorgeous images of World Heritage sites around the world. Since then, it's launched three more (Fotopedia Paris, Fotopedia National Parks, and Memory of Colors). All together, Fotopedia's photo apps have been downloaded 3.2 million times. And today it is going to launch its fifth app called "Dreams of Burma" in partnership with National Geographic.
Yellow Pages Teams Up With Foursquare For "Venue Harmonization Project"
Jun 07, 1:47PM
Canada's Yellow Pages Group has inked a deal with NYC location-based social networking startup Foursquare in a move to participate in the latter's "venue harmonization project", an effort to improve the accuracy of business locations in the Foursquare database. Foursquare breaks out venues into a dedicated API to help developers with their own location-based apps. As part of the agreement, Yellow Pages will be rendering 1.5 million Canadian business listings and information accessible to the social networking site through YellowAPI.com, the company's own open platform application programming interface.
Juniper: NFC Payments To Reach $50 Billion Worldwide By 2014
Jun 07, 1:00PM
We know Google has made a big bet on near field communications (NFC) as a payments system with the launch of Google Wallet, but does the technology have the potential to be the future of how money is transacted? Juniper Research seems to think so. The company is releasing a new report that forecasts that global NFC mobile contactless payment transactions will reach nearly $50 billion worldwide by 2014. Juniper says that NFC is steadily gaining traction, and because of the latest rollout of the technology both in the U.S. and outside the U.S., 2011 and 2012 are expected to be "banner years for NFC service rollouts."
A New CEO And $22 Million For Liquid Robotics, Makers Of Wave-Powered, Unmanned Marine Vehicles
Jun 07, 12:48PM
Liquid Robotics raised a $22 million, series d investment, led by VantagePoint Capital Partners, the company revealed today. Based in Hawaii and California, the company invented and makes wave-powered, marine drones or vehicles that are remote controlled by satellite, and capable of roaming the seas unmanned to gather environmental or defense-related data. Liquid Robotics also announced the appointment of a new chief executive officer today, Bill Vass, previously the president and chief of operations at Sun Microsystems Federal. 
Exclusive: Salesforce Invests In Video Messaging Startup (And Skype Rival) VSee
Jun 07, 12:34PM
VSee, a video collaboration service provider, has received a capital injection from Salesforce, TechCrunch has learned. The amount was not disclosed, but we've been informed that the investment amounted to 'multiple millions of dollars'. Coinciding with the investment announcement, the company today announced the upcoming release of 'One-Click Collaboration', which it calls a 'no install experience' that instantly starts a rich video collaboration session between distributed users.
Social Lending Marketplace Prosper Raises $17.2M From Eric Schmidt, DFJ, Others
Jun 07, 12:10PM
Prosper.com, a social lending marketplace that connects borrowers with individual and institutional investors, this morning announced that it has raised $17.2 million in funding from new investors Draper Fisher Jurvetson and Crosslink Capital. Existing investors Accel Partners, CompuCredit, Omidyar Network, Eric Schmidt's TomorrowVentures and Volition Capital also participated in the round.
Facebook Teams Up With BrightEdge To Help Brands Better Manage Social SEO Of Pages
Jun 07, 11:59AM
As we wrote a few months ago, SEO firm BrightEdge released a study showing that the majority of brands are doing little to optimize their Twitter or Facebook pages to make them more discoverable in search results. And because of this many high-profile brands' Facebook pages are buried in search results. Well, Facebook took note and decided to team up with the firm to co-author a white paper educating brands on social SEO. Titled 'Facebook for Social SEO,' the document gives brands and companies tips on the best practices to drive organic search performance for Facebook pages. We've embedded the white paper below. And the two companies will also conduct a webinar this month designed to get top brands better educated on improving rank of their pages.
Sun Co-Founder Scott McNealy Raises $6.4 Million For Stealth Startup WayIn
Jun 07, 11:33AM
Scott McNealy, who famously co-founded Sun Microsystems, has raised close to $6.4 million in financing for one of his new ventures, stealth startup WayIn, an SEC filing reveals. Visitors to the WayIn website are informed that they are keeping quiet for now, but are advised to follow McNealy on Twitter for updates.
eWise Raises $14 Million For Online Payments Technology
Jun 07, 11:00AM
Online payments company eWise has raised $14 million in new funding led by Wellington Partners with Balderton Capital, TTV Capital,, and Patagorang participating in the round. This brings eWise's total funding to over $26 million. eWise develops a payments technology, called Secure Vault Payment, that allows users to automatically deduct a payment from their bank account without disclosing their personal information to online businesses. Payments are processed via a login and password to the bank's site. 
Skype Goes Down (Again), Users Inexplicably Blaming Microsoft On Twitter
Jun 07, 10:59AM
Skype appears to be down, or at the very least it is for a whole lot of users throughout Europe who are tweeting in a ton of different languages about their inability to connect. Many blame Microsoft, and even founder Bill Gates for the downtime, which is sort of strange because the multi-billion dollar acquisition of Skype hasn't even closed yet. Anyway, let's pray that this isn't a repeat of the Great Skype Outage of December 2010, when the apocalypse appeared nigher than ever.
Exclusive: MyHeritage Acquires Poland's Bliscy.pl, Now 760 Million Profiles Strong
Jun 07, 10:47AM
MyHeritage.com, a relatively heavily-funded Israeli startup operating a huge family-based social network, has moved to acquire Bliscy.pl from Poland's Internet publishing company Wirtualna Polska to solidify its position in the Polish family history market. The acquisition translates to growth of MyHeritage's family network to 56 million registered users and roughly 760 million profiles.
Concur Acquires UK Company GlobalExpense For Up To $23 Million
Jun 07, 10:16AM
Concur, a provider of integrated travel and expense management solutions and recent purchaser of TripIt, has acquired London-based GlobalExpense, a company that specializes in Web-based expense management solutions. Concur has agreed to cough up £12 million ($19.7 million) for the acquisition of the privately held company, plus a performance-based earn-out of up to £2 million ($3.3 million).
EDITD Scores $1.6M To Help Fashion Industry Mine The Social Web And More Big Data
Jun 07, 9:49AM
EDITD, the London-based startup that offers a retail monitoring and analytics platform for the fashion industry, has raised a $1.6 million "seed round" led by Index Ventures. Alex Zubillaga, Atlas Venture, High Line Venture Partners, Sylvie Gabriel and Joanne Wilson have also participated. The new funding will be used to further develop EDITD's product offering, including increasing the amount of data being analysed, along with entering new markets and expanding the team "globally". Robin Klein of Index will also join the company's board as chairman.
The Best Overlooked Numbers And Subtle Features From WWDC 2011
Jun 07, 8:37AM
In case you weren't following our WWDC keynote coverage live earlier today, you missed — well, a lot. The event — which ran about two hours — was packed with information. Thousands of articles have already been written covering some of the bigger numbers and features. So I thought I'd highlight some of the smaller (or quickly mentioned) things you may have missed from the keynote. Warning: if you're all Apple'd out, you will absolutely hate this post. (So just skip to the comment section and talk gibberish about why Android is so great.) The rest, read on:
FT Bypasses Apple's iTunes, Launches HTML5 Web App (Free Access First Week)
Jun 07, 8:02AM
The Financial Times would rather not have Apple take a 30 percent cut of in-app subscriptions for its iOS publications, and has launched a HTML5 Web app that enables readers to access content across tablets and smartphones. As part of the Web app's debut, FT will provide free access during launch week. FT acknowledges that the Web app has been initially optimized for the iPhone and the iPad, but says it will also be adapted for Android-based devices and the BlackBerry PlayBook.
XYDO Raises $1.25 Million For A More Personalized Social News Experience
Jun 07, 8:01AM
More and more, news consumption is happening online and on mobile devices. But there's so much news on the Web today, many have turned to filters and aggregators to concentrate the fire hose of information. Whether we rely on social mechanisms like Twitter and Facebook or RSS feeds, we're looking for an enhanced, social, and refined way to consume content from the sites we love, while discovering news that matters to us via sites we may not check as regularly. XYDO, a startup that launched last month, is getting in on the social news game by combining parts of the visual interface and user experience of Digg and Hacker News to create a full-blown social network for news. But what XYDO is focusing on most intently, which makes it a bit different from other services out there, is offering a news feed that prioritizes the content that matters to you. 
Japanese Online Retail Giant Rakuten Buys Brazilian E-Commerce Company Ikeda
Jun 07, 7:40AM
Japanese online retail juggernaut Rakuten is expanding its reach to South America with the acquisition of a 75% stake in Ikeda, a provider of e-commerce services to many of Brazil's largest retailers. Financial terms of the deal were not disclosed.
What @RepWeiner Can Teach Us About Online Life
Jun 07, 4:00AM
If you talked to anyone over the age of 50 after Twitter announced its photo-sharing service last week, there was most likely one Twitter photo-sharing story on their lips and it wasn't the launch of pics.twitter.com. Since his mass-publicized confession that he actually did send an explicit Direct Message to a college coed today, we are perhaps the last online news organization to cover the tale of one fateful failed DM and New York Congressional Representative Anthony Weiner.
Sony Officially Announces Playstation Vita Handheld (With AT&T Partnership)
Jun 07, 1:54AM
The Next-Generation Portable we've been hearing about for a good five months now has finally been owned up to by Sony. It is, as rumors had it, called the Playstation Vita, and the many features we've heard about (dual touchscreens, cameras, Near, and so on) are all official.
Sony Announces New 3D Monitor And Glasses In $500 PS3 Gaming Bundle
Jun 07, 1:35AM
Sony has just announced a brand new 24-inch 3D HD display designed by them specifically for gaming. It uses active shutter glasses to produce 3D, and I'm guessing from the size and terminology that it's 720p. It comes with one pair of glasses, a 6-foot HDMI cable, and one of the major 3D games that's launching this year (Resistance 3 is pictured). The whole package is $499.99, and additional pairs of glasses are $70.
About The Nuance No-Show At Apple's WWDC Keynote
Jun 07, 1:17AM
With regard to today's WWDC keynote, we were right about a lot of things. Twitter/iOS. Revamped notifications. Widgets (though they didn't call them "widgets" on stage, the weather and stock areas in the notifications pull-down are widgets). iOS Messages (okay, this was more of a dream that somehow came true). July launch for OS X Lion. No "iPhone 4S". iCloud WWDC launch. iOS 5 fall launch. But we weren't right about everything. Namely, where the hell was Nuance and/or Siri in today's keynote? We're still looking into this, but here's the latest we're hearing. At least three of our original sources on this were "very surprised" not to hear anything during the keynote today. One noted that leading up to the last minute, they were sure new, elaborate voice features in iOS 5 were going to be announced on stage. It didn't happen. Apple has been known to pull things at the last second. But this may go deeper.
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