Snapchat, the mobile photo app popular with teens for taking self-pics, is adding video on Friday, expanding the app to a new dimension. Snapchat allows a user to take photo, share with a friend, and have the photo automatically delete only seconds later. Read more »
SnapChat is a mobile photo service that is spreading like a wildfire. The photo sharing app is seeing about 1,000 photos a second being shared and that has attracted some big name VCs who want to fund it. Benchmark’s Matt Cohler seems to be the winner Read more »
Following the jaw-dropping $50 million funding of Quora, a Palo Alto, Calif.-based knowledge community, folks from New York-based research firm, CB Insights crunched some data and came up with these following stats about the Facebook mafia – aka people who left Facebook to start their own companies. Read more »
Quora, a Q&A service has raised a whopping $50 million in funding from co-founder Adam D’Angelo along with Facebook funder Peter Thiel, Northbridge Ventures and Matrix Ventures. One of the most over-hyped startups, the question is why is it valued so highly despite mediocre progress. Read more »
Facebook has acquired Instagram for nearly one billion dollars, the company announced this morning in a blog post. The deal is a combination of cash and stock. With this sale, Kevin Systrom and Mike Krieger, cofounders of Instagram are the newest mega-millionaires in Silicon Valley. The duo […] Read more »
The tools that have revolutionized the way we live are only just starting to have an impact on scientific research. Now ResearchGate — the “Facebook of science” — is hoping to speed up the change, with a new round of investment from Founders Fund to make it work. Read more »
Sarah Lacy, a book author and a veteran journalist (and most recently with TechCrunch) is launching PandoDaily, a daily technology news blog focused on startups and the startup ecosystem. The company is being funded by a $2.5 million investment from Silicon Valley elite. Read more »
ResearchGATE, a social network for scientists aimed to facilitate their collaboration on research, has raised an unspecified amount of money in its first institutional round of funding. The site has amassed 500,000 members in the last two years, with strong contingents from biology and medicine. Read more »
