Netflix will split into two companies: Netflix for streaming movies and Qwikster, a DVD video and game rental business.
GameStop announced the upcoming release of a GameStop branded tablet. The tablet will likely serve as a distribution mechanism for GameStop’s game delivery service.
Google launches Flights, a visual search engine for air travel, powered by ITA.
The average advertiser spends about $500k annually on mobile ads or about 6% of total media spend, according to JumpTap. The typical campaigns runs across two ad networks. Ad networks are preferred as they resolve the cross-platform reach challenges.
Smaato released a report indicating mobile ad fill rates are decreasing as ad inventory growth outstrips spending growth. Average fill rates among the top 20 ad networks are 19% on average.
PayPal CEO alluded to a payment solution for retail. The new payment product will likely include point of sale software running on mobile devices, coupled to PayPal accounts.
Google Wallet, a point of sale payments systems using NFC, soft-launches.Google is said to be working on a social digital magazine named Propeller. Separately, Google acquired 1,000 mobile patents from Android. Lastly, Google announced Android will be released for Intel x86 chipsets in addition to current ARM support.
RIM announced 10.6M phones shipped and 200,000 Playbooks sold, 15 and 50% lower than expectations. The company spent about 51% of its cash in the last quarter, $780M on patents and about $600M on other expenses.
Walmart has acquired OneRiot, an ad targeting startup that built real time search functionality.
|Company||Description||Invested in $M||Investors|
|Gojee LLC||Gojee LLC owns and operates gojee.com, a recipe search website.||1.2||Kapor Capital|
|Prism Skylabs, Inc.||Prism Skylabs, Inc. provides a cloud-based service that allows business owners to bring video feeds online.||1.5||CrunchFund|
|AI Exchange, Inc.||AI Exchange, Inc. builds and sells trading and asset allocation software.||1.5||General Catalyst Partners; CommonAngels; LaunchCapital LLC; Founder Collective|
|GoInstant||GoInstant offers a service for synchronous browser sharing without downloads.||1.7||Greylock Partners; Baseline Ventures; Social Leverage, LLC; Freestyle Capital|
|SaveUp||SaveUp operates a web site to help users with debt reduction plans.||2.0||BlueRun Ventures; True Ventures|
|Six Times Seven Inc.||Six Times Seven Inc., a social shopping company, provides services for consumers to discover and buy new products within the online communities that they frequent.||2.3||Rustic Canyon Partners; Blumberg Capital; Great Oaks Venture Capital LLC|
|WP Technology Inc.||WP Technology Inc. operates as an ebook community for readers and writers to discover, share, and connect.||3.5||Union Square Ventures; W Media Ventures; Golden Venture GmbH|
|Toktumi Inc.||Toktumi Inc. provides affordable phone services for virtual and home offices.||6.0||Kistefos A.S.|
|VideoIQ, Inc.||VideoIQ, Inc. produces intelligent video surveillance systems.||7.5||Atlas Venture L.P.; Cisco Systems, Inc. (NasdaqGS:CSCO); Matrix Partners; Tenaya Capital|
|Live Intent, Inc.||Live Intent, Inc. offers widget that allows advertisers to unlock Twitter as a channel for advertising and customer acquisition.||8.0||Battery Ventures; Shasta Ventures; First Round Capital; Grape Arbor LLC|
|Red Robot Labs, Inc.||Red Robot Labs, Inc. develops mobile-social games.||8.5||Benchmark Capital; Shasta Ventures|
|10gen, Inc.||10gen, Inc. provides platform-as-a-service technology designed to help developers build Web sites and applications.||20.0||Sequoia Capital; Union Square Ventures; Flybridge Capital Partners|
|MeLLmo Inc.||MeLLmo Inc., a software company, provides mobile applications that allow users to view and interact with critical information on-the-go.||30.0||Sequoia Capital|
|Opera Solutions Inc.||Opera Solutions Inc. offers procurement optimization, investment governance, product innovation, customer loyalty management, outsourcing and off shoring, growth analytics, and business case and sizing opportunities determination services.||84.0||Silver Lake Partners; Accel-KKR LLC; JGE Capital Management, LLC; Invus Financial Advisors, LLC; Tola Capital|
|Songza, LLC||Songza, LLC operates as a music search engine company.||–||Deep Fork Capital|
|Ooyala, Inc.||Ooyala, Inc. provides video solutions to video content providers, advertisers, publishers, and consumers.||–||Motorola Mobility Ventures|