Archive for June, 2006

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Comcast buys ThePlatform

Om Malik, Tuesday, June 27, 2006 at 2:30 PM PT Comments (5)

Comcast Interactive, a division of Comcast, has snapped up ThePlatform, a digital media services company based in Seattle, according to sources close to the company. While I was typing this up, PaidContent published the details of the deal.
The purchase price is pegged at between $70 to $80 million and the company will likely continue working [...]

Google and MySpace: Woulda, Coulda, Shoulda!!

Robert Young, Tuesday, June 27, 2006 at 6:30 AM PT Comments (65)

By Robert Young
In the latest (July) issue of Wired magazine, Rupert Murdoch claims that Google…
“…could have bought MySpace three months before we did for half the price. They thought, ‘It’s nothing special. We can do that.’”

RIM Goes 3G

Om Malik, Tuesday, June 27, 2006 at 5:58 AM PT Comments (6)

RIM, the makers of the highly addictive Blackberry device has gone 3G. The company today launched 8707, a version of its very popular 8700 series device in Ireland that runs on Vodafone’s UMTS Network. RIM claims it can be used as a broadband modem that can be connected to the laptops.
RIM needed to make this [...]

Dabble DB Raises Cash

Om Malik, Monday, June 26, 2006 at 5:09 PM PT Comments (9)

Dabble DB, a Vancouver-based online database / hosted application creation company has raised around $2 million dollars in Series A venture funding from Ventures West, a Canadian VC fund. Paul Kedrosky, a venture partner with the fund, is leading the investment in the eighteen-month-old company. The company will also come out of “beta” tomorrow.
“I think [...]

WiBro Going To India

Om Malik, Sunday, June 25, 2006 at 10:13 PM PT Comments (6)

South Korean companies have a pretty interesting plan to turn their version of (mobile) WiMAX aka WiBro into a global standard: go after some of the fastest growing emerging markets, and get the necessary scale to compete with rivals, mostly from the US. A few months of making a WiBro play in Brazil, South Korean [...]

Akimbo, On Cusp Of Big Time?

Om Malik, Sunday, June 25, 2006 at 8:51 PM PT Comments (6)

If venture investors are any indicator then both Akimbo and video on demand over broadband is about to hit big time.
The San Mateo-based start-up has raised $15.5 million in series C financing from new investors, Cisco Systems, AT&T and venture capital firm, Blueprint Ventures. Existing investors - Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers, [...]

Rafat Ali’s ContentNext Raises VC Dollars

Om Malik, Sunday, June 25, 2006 at 4:16 PM PT Comments (5)

Rafat Ali, the founder and editor of ContentNext Media Inc., the Santa Monica, Calif.-based company that publishes PaidContent, Content Sutra and MocoNews has raised venture capital from veteran VC Alan Patricof’s new firm, GreyCroft Partners. The Wall Street Journal reports that the investment is less than $1 million. Mr. Patricof was original backer of Apple [...]

A $31 Billion Buffett

Om Malik, Sunday, June 25, 2006 at 3:15 PM PT Comments (11)

Bill Gates, the founder and chairman was included in Business 2.0’s 50 Who Matter List, not for being the software guru, but for his work as a philanthropist. He recently announced that he was going to leave Microsoft in two years and focus entirely on The Bill & Melinda Gates Foundation.
Perhaps, Bill’s plans to focus [...]

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