Internet & Media
Apple is the top manufacturer of mobile PCs, a category of laptops and tablets, with 10.2M shipped in Q4, beating HP with 9.3M for the first time, according to data compiled by DisplaySearch.
ChompOn, a daily deals platform, released data comparing the value of social actions. Facebook Shares are worth $14, Likes $8, while Tweets are worth $5 and Follows $2. This data is similar to public Eventbrite figures.
Video game sales fell 5% y/y in January according to NPD to $1.16B. Sales fell 6% in 2010.
Moshi Monsters, a virtual world for children with 35M users and 7M actives projects $100M in revenue in 2011 mostly from $50 annual subscriptions.
Kickstarter is raising $1M per week for crowd funded projects. The company has raised $35M since inception.
Redbox is planning a video streaming service to complement their DVD distribution kiosks and compete with Netflix.
Sony launched a music streaming service in the US last week. With music form UMG, EMI and Warner Music, the service costs $3.99 per month, with a $9.99 package for unlimited catalog access and recommendations.
SlideShare has built a GoToMeeting and WebEx competitor, dubbed Zipcast. The service requires no downloads. Zipcast is freemium with a paid version priced at $19 per month.
Google revealed OnePass, a billing service to compete with Apple for payments in mobile and web apps. OnePass will charge developers 10% revenue share, compared with 30% for the Apple service. OnePass will also share buyer data with the app publisher, unlike its Apple counterpart.
Google announced 150,000 applications in the Android store, 300% growth in 9 months.
Apple enabled content subscription services in its store for all applications. Apple requires consistent pricing for subscriptions across distribution channels and prevents any linking to alternate purchasing platforms in addition to a 30% revenue tax. The 30% revenue share has caused public outrage with media executives, like Jon Irwin of Rhapsody, complaining they cannot operate profitably.
30,000 to 50,000 merchants per month are joining Square, the mobile payment platform.
RIM announced most Blackberrys shipped in 2011 will have NFC chips.
nVidia demonstrated a quad-core Tegra3 with 5x the performance of the Tegra2 at Mobile World Congress, to be released in 2011. The Tegra3 will have a 12 core GPU and output 2560×1600 video.
ScoreLoop, a mobile gaming network, released Windows Phone 7 support. The company is adding 1M new users per week and has served 100M game sessions to date. Windows Phone has 8,000 apps in its store compared to 150,000 for Android.
BillToMobile signed a mobile billing gateway agreement with Sprint, adding to contracts with Verizon and ATT. This gateway enables consumers to purchase goods with mobile phones through services like Boku and Zong.
Sprint partnered with Good Technology to release enterprise security to Android devices. The service will offer data encryption on the device and over-the-air, remote wipe, password policies in addition to enterprise grade mail, calendar and contacts apps.
Financings, M&A and Liquidity
DST is rumored to invest $100M in Spotify.
Zynga has raised a $250 to $500M round at a $10B valuation on $850M in revenue according to the WSJ.
Wonga, a UK based realtime lending platform, raised £73M in Series C from Oak and Meritech.
Nordstrom acquires fashion flash sale site HauteLook for $270M.
One King’s Lane, a home furnishing etailer, raises $23M from Greylock.
Social media marketing platform Vitrue raises $17M from Scale.
Open source video platform Kaltura raised $20M from Intel Capital.
Uber, a limousine service mobile app, raises $11M from Benchmark, at $60M post.
CoolIris raises $9.6M from KPCB.
Dynamic Signal, founded by the Adify executive team, raises $8M from Venrock, Cox and Trinity, to build a social media marketing platform.
True Ventures invests in Orabrush, a social media marketing fueled tongue brush company with $1M in sales.
ccLoop, founded by Michael Wolfe, raises $3.5M from Benchmark to focus on email productivity.
Doxo raises $10M in Series B from Sigma Partners.
Greplin raises $4M from Sequoia for personal data search across cloud services.