• Cheaper Nook's Getting Web Browsers, Email

    Nook Simple Touch, Barnes & Noble’s inexpensive line of e-readers, is getting a Web browser and email capability. So a source tells TechCrunch. If true, the move will mark “the first time that Nook’s entry-level readers get official access to web browsing capabilities,” according to TechCrunch. “Amazon’s competing Kindle devices have shipped with an ‘experimental’ Web browser since the Kindle 2.”

     


  • Foursquare Gets $41M In Private Equity

    Giving itself more time to grow and mature as a business, Foursquare just took $41 million in private equity.
     
    “We’ve got a ton left to do,” Foursquare founder and CEO Dennis Crowley stressed in a Thursday blog post. “We’re building tools for local businesses to connect with their customers. We’re making search better, every single day. We’re building that location layer for the internet… This takes time and a lot of work.”
     
    “The news … puts to rest speculation that has been swirling for over a year about how the company needed to raise money to avoid running ...

  • Google Unveils Google Keep App

    Confirming earlier reports, Google on Thursday unveiled a new note-taking app named Google Keep. But, despite its obvious promise, Web watchers appear to be approaching Keep with caution.  

    “It is a good thing that Google has decided to compete with the likes of Evernote -- it validates their market,” writes GigaOm’s Om Malik. “But I still won’t use Keep. You know why? Google Reader,” Malik said, refereeing to Google’s soon-to-be slashed aggregation service.

    In other words, “Given Google's ambivalent history with note-taking services, and the recent, high-profile sunsetting of Google Reader, users may be reluctant to record all their ...

  • Nexflix Friends Facebook

    In what Web watchers are calling a long-overdue integration, Netflix has finally tapped Facebook to offer social sharing features to its U.S. subscribers.

    “With about $5 billion in long-term content obligations, [Netflix CEO Reed Hastings] is counting on the social component to increase word-of-mouth about Netflix’s growing digital library,” Bloomberg reports.

    “Social is going to be everything,” Hastings told Bloomberg in January. Now, “Netflix users in the U.S. can [soon] reveal their viewing habits and tastes to their Facebook friends,” CNet reports.

    “Ever wanted to know what your former college roommates are watching on Netflix?” GigaOm asks. ...

  • Mason Out At Groupon

    Andrew Mason is out at Groupon. Yes, after another disappointing quarter -- which sent the deal site’s stock price plunging, this week -- the company’s board has finally given the young founder and CEO notice.

    Ultimately, Mason “failed to reverse a crumbling share price and gradual erosion of [Groupon’s] daily deals business,” Reuters reports.

    Groupon’s decline has been so gradual, in fact, that “the departure of founder Mason has been speculated about for quite some time,” Business Insider notes.

    Indeed, along with a reputation for being wacky and unpredictable, Mason “has been on a short leash after the ...

  • Groupon Loses Market Value

    In the surest sign yet that the once-booming daily-deal space has busted, Groupon lost a quarter of its market value on Wednesday after missing fourth-quarter projections, and revealing that it began taking a smaller cut of deal revenue over the holidays.

    “The cut in its ‘take rate,’ which some analysts had said was needed to revive flagging interest among merchants in its Internet offers, was a blow to fourth-quarter results,” Reuters reports.

    “Groupon Inc.’s fourth-quarter results were so bad that there is new talk about firing CEO Andrew Mason,” according to DailyFinance.com.

    “Though Mason is working to ...

  • Foursquare To Take Credit, Debit Cards

    In conjunction with its check-in deals program, Foursquare will now accept Visa, Mastercard and debit cards.

    “Money in the bank,” writes CNet. “That's the motivation behind [the] new Foursquare initiative.” “This is going to be a pretty core part of our revenue model going forward,” Foursquare Product Manager Noah Weiss tells WebProNews.

    Foursquare will now earn a fee from offers redeemed on the platform from all three credit card companies.

    The deal comes not a moment too soon, according to Forbes. “Historically, Foursquare has been better at helping its users find ways to spend their money than ...

  • Pinterest Valued At $2.5B

    Social scrapbooking sensation Pinterest has secured $200 million at a valuation of $2.5 billion.

    “There have been reports that the funding was coming, but now it is done, in a round led by Valiant Capital Management,” AllThingsD reports.

    “Investors … were surely inspired by the site’s run-away 2012 growth and continued success,” CNet writes. “Pinterest, as measured by … ComScore, ended December at 29 million unique U.S. Web visitors for the month.”

    “The San Francisco-based company has meanwhile zeroed in on translating its popularity into sales by developing services for businesses,” according to The Wall Street Journal.

    ...
  • HP To Adopt Google's Android System

    Reshaping the mobile landscape, Hewlett-Packard reportedly plans to adopt Google’s Android operating system to run a forthcoming line of mobile devices.

    ReadWrite.com calls the would-be move “drastic,” and the result of HP “having failed to carve out a place for itself in the post-PC era.”

    As such, “the world's biggest PC maker … is ready to abandon Microsoft's Windows for its mobile computing efforts,” Business Insider writes.

    “If true, this would be a big shift in strategy for the once mighty PC maker,” Mashable writes.

    Still, “getting back into the mobile device market isn't exactly a ...

  • Amazon Creating App Currency

    Amazon on Tuesday unveiled a virtual currency for Kindle Fire owners to purchase apps and games, as well as make in-app purchases on their tablets. Slated for availability May, “Amazon Coins” are part of a broader effort by the ecommerce giant to help “app developers gain more money from their Appstore submissions,” The Next Web reports.
     

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