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Mocana Raises $25 Million To Address Mobile App And Smart Device Security Market
Aug 23, 4:01AM
Mocana has raised $25 million in new funding from Trident Capital for mobile app and smart security solutions. The Series D round gives Mocana $47 million in total investment. Mocana's goal is to be the next major global security franchise - a market estimated at $3 to $5 billion in size. Mocana executives see two major business markets evolving in the enterprise market. There is the need to protect mobile devices. And separately is the market to protect apps and the data on them.Applifier's Everyplay, Which Lets Mobile Gamers Share Glory, Attracts Interest From 100 Developers
Aug 23, 2:24AM
Applifier, a Helsinki and San Francisco-based mobile-social gaming network, added a lot more richness to its user experience this week with Everyplay, a way for gamers to share and replay their greatest moments. Everyplay lets gamers share their favorite titles by recording and replaying sessions of games -- like a time they might have gotten a high score. The company, which is backed by $2 million from MHS Capital, Profounders, Tekes and Lifeline Ventures, says it has racked up interest from about 100 developers in the Everyplay beta so far this week.Stripe's Capture The Flag 2.0 — A Hands On Contest For App Developers To Test Their Security Know-How
Aug 23, 2:17AM
Online payment company Stripe launched a very cool online contest today that plays off the computer security world's well-known war game: Capture the Flag. In Stripe's version, app developers discover and try to exploit vulnerabilities in mock web apps. The contest launched at noon today and in the first six hours 4,500 people signed up. The contest will be live for a week. After that, the company plans to release the source code so people can analyze or run it themselves.Why The FTC Let Facebook Buy Instagram: FB Camera Is Tiny, IG Makes No Money, And Google
Aug 23, 1:15AM
Evidence from Facebook and Instagram plus analysis from outside experts has convinced the Federal Trade Commission to today approve the landmark acquisition. After four months of investigation, it's also revealed why. The FTC cites that Camera+ and other competitors dwarf Facebook's standalone Camera app, Instagram has no revenue and limited ways to earn any, and that Google's ad business and social network will be stiff competition for Facebook even if it owns Instagram. Here's the breakdown of how Zuck got his way in 5-0 FTC vote for Facestagram.Tumblr 'Truly Disappointed' That Twitter Revoked Its Friend-Finding Privileges
Aug 23, 1:04AM
Twitter isn't done with its efforts to take tighter control of its API — now Tumblr users can no longer search for their Twitter friends when they sign up on the microblogging service. Twitter did the same thing to Instagram last month. And last week, it announced new restrictions to its API, which will make things especially tough for developers building consumer apps that compete with Twitter's.Patent Expert Christopher Marlett On Why Apple Could Win Out Over Samsung In Court [TCTV]
Aug 23, 1:02AM
The jury is still out -- literally -- on the Apple v. Samsung court case, in which Apple has accused Samsung of copying the iPhone and the iPad designs with its Android-powered mobile devices. While we wait for the verdict to come in (some experts say the jury's deliberations could very well end before this week is up) to shed a bit of light on what's at stake here we talked to Christopher Marlett, the founder and CEO of MDB Capital, a Los Angeles-based investment bank that focuses on intellectual property.Audyssey's Bluetooth Wireless Speakers Bring The Ruckus In A Tiny Package
Aug 22, 11:30PM
The market for high quality wireless speakers is relatively small. Consider the fact that Sonos and Jawbone have grabbed most of the headlines and buzz over the last few years with creative and attractive hardware design. Relative newcomer Audyssey has made waves since last year with a uniquely designed set of speakers and an AirPlay dock. Their latest, simply dubbed Wireless Speakers house Bluetooth connectivity and redesigned components for a thumping set of uniquely designed speaker boxes. But do you really need a set of $299 (they will likely sell for $250 when they hit the street on 8/29) Bluetooth speakers?Samsung Invests $4 Billion in Austin To Produce iPhone And iPad Chips
Aug 22, 10:47PM
Samsung announced that it is investing $4 billion in its Austin plant in order to expand the production capacity of processors for mobile devices. Trial or not, Samsung's most important client for those chips is still Apple. The factory already manufactures flash memory chips and the Apple-designed A5, which debuted with the iPad 2 and was improved with the iPad 3. The sum will be used to retrofit the existing installations and to entirely devote the production lines to system chips. It represents the largest foreign investment in Texas of all time. Mass production will begin in the second half of 2013.Facebook's Instagram Acquisition Greenlit, Now Worth $747 Million Down From $1 Billion
Aug 22, 9:55PM
More than four months after the deal was announced, the Federal Trade Commission has closed its investigation of Facebook's acquisition of Instagram and the deal may proceed. Currently the deal is worth $747 million, with $300 million in cash plus $447 million in stock based on 22,999,412 shares of Facebook at today's $19.44 share price. That's a lot less than nearly $1 billion when the deal first was signed based on the $30 share price at the time, or the $1.14 billion expected from Facebook's $38 IPO price. Here's our breakdown of why the FTC approved the deal and what happens next...This Is Most Probably The New iPhone Cable
Aug 22, 9:46PM
This is most probably the new iPhone cable posted by some folks at Shenzhen-based Veister, an iPhone accessories maker that is clearly trading Apple partner status for a brief uptick in visitors.New App Detects Lies From Political Ads
Aug 22, 9:34PM
Deep pocketed political donors are out in full force spreading lies about political candidates. Now, a new app, the Super PAC App, will fact check ads on-the-fly. Much like multi-media tagging apps can identify songs and television episodes through a recording, users hold up their iPhone during a commercial and the Super Pac app will identify the donors and how factually accurate an ad's accusations are. The app was co-created by former MIT Media Lab student, Dan Siegal, with support from the Knight Foundation.Vancouver's Growlab Accelerator Graduates Its Spring 2012 Cohort
Aug 22, 9:12PM
Vancouver's up-and-coming Growlab accelerator is hosting its demo day for its spring 2012 cohort today. The program was founded in 2011 and focuses on consumer internet, social gaming, mobile and cloud services. Growlab currently runs two four-month programs per year and funds up to five companies with $25,000 per session. Companies that are accepted into the program also have a chance of getting $150,000 in follow-up funding from Growlab and BDC Venture Capital, one of Canada's larger VC firms.HP Reports 3Q Earnings Down 5% – Printers Off 23%
Aug 22, 8:51PM
HP has reported third quarter earnings are down 5% compared to last year. Printer sales were down 23%, mirroring trends across the market. Revenues were $29.7 billion, down from $31.2 billion. HP's earnings per share came in at $1.00, above the previously provided outlook of 94 to 94 cents per share and in line with its pre-announcements. EPS, though was down 9% from the prior-year period. Like Dell's results yesterday, HP showed its steepest declines in its consumer products with revenue off 13% year over year for hardware and printer units down 23%,Kayak First Post-IPO Earnings: $76.9 Million Sales Beats Expectations
Aug 22, 8:26PM
Online travel search engine Kayak today posted its financial results for the second quarter of 2012, its first earnings report as a public company since its well-received initial public offering last month. Kayak pulled in $76.9 million in revenue during Q2, up 36 percent year-over-year from its Q2 2011 sales. Its adjusted EBITDA was $20.6 million, an 85 percent boost from Q2 2011. Its Q2 net income saw the biggest spike year-over-year, at $7.3 million, a 93 percent jump from Q2 2011, representing earnings per share of 19 cents. Its income from operations was $15.75 million.Area Startup Raises $2.1 Million For Some Damn Thing It Won't Talk About
Aug 22, 8:15PM
An exciting new startup* is launching soon, unveiling technology that it promises will change the way that all content is distributed and consumed to all sorts of mobile- and Internet-connected devices. And to do that, it's raised $2.1 million in seed funding from Roger McNamee and Mike Maples' Floodgate Fund. So what is the product that will change the content world forever? "We're not talking about the product today," the founder told me. "We'll be announcing the product launch later this summer." Nevertheless, he assured me that when the company is ready to launch its product, I will be the first to know.Report: Technology Has Made The World Fat
Aug 22, 8:07PM
The world has paid for the luxury of Angry Birds with its health and looks: a new report finds a strong link between technological advancement and expanding waistlines. According to economic think tank, The Milken Institute, a country the size of America will add 4.2 million Spanx-wearing citizens for a 10% growth in Information and Communication Technology (ICT). "The main culprit is the knowledge-based society," states the report, "more processed foods, a greater amount of 'screen' time (watching TV, using computers, playing video games, etc.), decreased energy expenditure, and/or higher consumption of snack foods have all played a role."How Big Is Facebook's Data? 2.5 Billion Pieces Of Content And 500+ Terabytes Ingested Every Day
Aug 22, 8:02PM
Facebook revealed some big, big stats on big data to a few reporters at its HQ today, including that its system processes 2.5 billion pieces of content and 500+ terabytes of data each day. It's pulling in 2.7 billion Like actions and 300 million photos per day, and it scans roughly 105 terabytes of data each half hour. Plus it gave the first details on its new "Project Prism". VP of Engineering Jay Parikh explained why this is so important to Facebook: "Big data really is about having insights and making an impact on your business. If you aren't taking advantage of the data you're collecting, then you just have a pile of data, you don't have big data." By processing data within minutes, Facebook can rollout out new products, understand user reactions, and modify designs in near real-time.TechCrunch Disrupt SF 2012 Agenda
Aug 22, 7:50PM
The Third Annual TechCrunch Disrupt in San Francisco (September 10-12, 2012) is going to be the most awesome Disrupt yet. There were a record number of applications for our Startup Battlefield, which will feature 30 amazing startups competing for the Disrupt Cup and $50,000 prize in front of the sharpest minds in Silicon Valley, including Roelof Botha, Marissa Mayer, Mike Arrington. Our speaker line-up features the most prominent venture and angel investors, from Ben Horowitz and Vinod Khosla to John Borthwick and David Lee, as well an unforgettable list of entrepreneurs including Reid Hoffman, Ev William and Biz Stone, Marc Benioff, Aaron Levie, and Jessica Alba (you read that right).TechCrunch Disrupt SF Hackathon – Workshops Galore!
Aug 22, 7:45PM
We're just two and a half weeks away from the fourth annual TechCrunch Disrupt Hackathon! We wanted to take this opportunity to announce additional tickets and our API workshop lineup. So, listen close... If you haven't gotten a ticket for the event, now's your last chance. Head over and sign up on EventbriteFacebook Redesigns Messages With Side-By-Side Layout
Aug 22, 7:17PM
Facebook announced today that it has redesigned Facebook Messages with side-by-side layout and easier search. The new layout shows a scroll menu of all your messages on the left, with the full contents of a selected message on the right. The style is similar to many email clients.If at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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