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.
That year for Porter was exhausting.As a free agent, Porter and his wife spent the summer traveling. When they returned to New York, Porter took a cushy corporate job at Ari Emanuel's talent agency, WME. Emanuel and Porter had been introduced by an OMGPOP investor, Marc Andreessen. The role, head of digital, would allow Porter to continue innovating at startup speed.
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.
Still playingWords with Friends? Well, then Zynga's rewarding your loyalty with a huge update on the app's fifth birthday, complete with a redesigned interface and new features. The New Words with Friends (yes, it's been renamed, as well) doesn't only lookflatterthan its predecessor, it also comes with a new feature called Solo Mode, which lets you play on your own without internet connection.
Many of the most successful new games companies have rushed to sell shares to the public as soon as they possibly could.But Kabam, a mobile games maker, wants to put off an initial public offering for as long as it can.
I used to carry tools around for a living. A good tool bag was critical. I ended up with a variety of boxes with wheels on them just to lug them around town. I don’t do that anymore, but since I rent and don’t live in a house, space is at a premium. Maybe what I need is a compact bag for just the essentials. Let’s take a look at the Veto Pro Pac model MC.
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.
Reddit's CEO has resigned from his position following a disagreement over the company's new office location and lease cost. The information comes from Sam Altman, who made the announcement earlier today on his blog. Says Altman, former CEO Yishan Wong was not asked to resign (nor was it suggested he should), but he made the decision "when we didn't approve the new office plan".
There are moments when we meet someone [and immediately invest]," he stated. "I was in Istanbul one month ago for a conference. We listened to ten companies that were pitching on stage. One of them clearly had traction. It was two guys. I had never met them before.
After years of shying away from science, engineering and clean-technology start-ups, investors are beginning to take an interest in them again, raising hopes among entrepreneurs in those areas that a long slump is finally over. But these start-ups face intense pressure to prove that their science can turn a profit more quickly than hot tech companies like Snapchat and Uber, Hiroko Tabuchi reports.
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...
Reading the one-star reviews that have popped up for Monument Valley over the past 48 hours is like a comedy routine. I've never seen so many people who claim to love something immediately resort to bashing it when they realize getting more content out of it isn't free.
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.
I certainly have nothing against U2, but I think it's fair to say that if Apple wanted to make a huge splash by gracing the iTunes world with a free album, there are any number of bands Apple could have chosen that would have generated more of a buzz. Still, there may be even more to Apple's rejuvenated relationship with the boys from Dublin than meets the eye.
In July, Bill Gates may or may not have lost his title as the world's richest man. It depends on who you ask. According to Forbes , Gates has a net worth of almost $82 billion, which puts him in the No. 2 spot behind Mexican telecom magnate Carlos Slim, who's worth $85.4 billion. According to Bloomberg, Gates is still the world's richest man, worth about $86.5 billion, with Slim at No. 2.
Six seasons and a movie. That's what fans ofCommunitywant, and they're very close to getting it. NBC cancelled Dan Harmon's comedy after its fifth season on the network -- one thatmay have already owed its existenceto streaming services -- but now Yahoo has announced it's commissioning a new 13-episode season.