Online games maker OMGPOP is raising a $10 million series B. The money is from new investors Rho Capital and Softbank, as well as existing investors Spark Capital and Betaworks.
OMGPOP CEO Dan Porter tells us the company will use the money to "aggressively" hire flash and mobile developers as it re-orients the company around the iPhone and Facebook. Right now the company has 35 people.
King, the company behind theCandy Crushsagafiled its IPOtoday, but is the makeranother Zynga(Farmville),another Rovio(Angry Birds) or something else again? Nearly 100 million users playCandy Crushevery day, and while the company's titles remain free to play, it depends on virtual goods, additional levels and content purchases to bring in the cash. Selling shares at $22.
Could Fox News and CNN have the same owner? No, but close. 21 Century Fox hasconfirmedreports (first published by theNew York Times) that it made an $80 billion bid for fellow media conglomerate Time Warner -- and was turned down, for now. Curiously, this comes just asComcast is trying to swallow Time Warner Cable, but those two similarly-named companies are no longer directly connected.
It's hard to describe, but itis exactly how an iPhone game should look and feel.The creators of the game,gave Monument Valley two important features for addictive gameplay: very simple controls and gorgeous graphics which make each level an optical illusion.Monument Valley, is the newest app that's at the top of the App Store .
It looks like dogfighting in spaceships isn't the only virtual reality experience being co-published byOculus VR. The creative lead behind mobile hitWords with Friends, Paul Bettner, has a new studio, and that studio is creating a "made-only-for-VR game" namedLucky's Tale. No, not "Luckey's Tale," like the last name of Oculus founder Palmer Luckey, butsome otherLucky.
Having been a startup employee before, Payne knows how it feels to work hard for an outcome that only benefits a few people.by getting them stock early, offering performance-based stock option grants regularly, being a good negotiator, and picking ethical investors.oans allowed employees to buy options at low prices and begin capital gains treatment without taking big personal, financial risks.Other startups, including Olga Vidisheva's Shoptiques, have begun to implement this process.
High-speed photographycan be daunting if you're not a seasoned pro. You may have a fast camera and flash, but you probably don't have the gear (or people) you'd need to get that frozen-in-time look in most situations.MIOPS' new camera triggermight make it easier to take high-speed shots all by your lonesome, though.
Mark Pincus, the founder of Zynga, is stepping back from the once-hot social gaming company as its new leader seeks a turnaround.Zynga said that Mr. Pincus decided to give up all operational responsibilities at the company, though he will remain its chairman and largest shareholder. Nearly a year ago, Mr.
Enterprise cloud storage company Box has filed the paperwork for its long-expected IPO, and the big surprise is how much of the company the co-founders have already sold off. For instance, co-founder and CEO, Aaron Levie, a rising star in Silicon Valley, only owns about 4% of the company, with 3,764,285 shares.
Project Ara, Google’s new modular smartphone program, has lost its design lead. Dan Makoski, who was in charge of the overall design of the project, is departing google for greener pastures (pun intended, you’ll see why). Makoski was also instrumental in the design for the Moto X, which led the then-Google-owned Motorola back into smartphone prominence.
When you travel the world, having a few drinks with your hosts is a great way to get a sense of the local culture. But excessive alcohol consumption can cause physiological consequences . Don't worry—a hangover is universal, and your new friends probably already know a way to cope with it.Read more...
Silicon Valley venture capital investors — the people who pour millions into tech startups in the hopes of selling them later for billions — are beginning to worry that low interest rates might be inflating a tech bubble.
Barely a week since successfully completing sea trials after a three year hiatus, the venerable research sub Alvin is already earning back the $42 million in hardware upgrades and engineering retrofits it's received—showing off its spaciou