On its sixth birthday, Twitter reports 140M users sending 340M tweets daily. link
The New York Times announced 454,000 paid subscribers to its various digital packages after the first year, about 25% of the size of paper circulation, second to the WSJ at about 700,000 digital subscribers. At an average annual subscription of $200, this implies an $88M run rate for the NYT digital business. link
Wimdu, AirBnb’s German rival announces $132 million gross revenue run rate, implying a $16M net run rate. The company takes 13% transaction fee. link
Amazon will let Eucalyptus clients use the AWS API to connect Eucalyptus-based private clouds with Amazon’s public cloud, giving enabling a hybrid private/public cloud solution which brings the security of a private cloud with scalability of a public cloud. link
Digital game sales reached a total of $3.3B (+9% y/y) in the fourth quarter in the U.S. and Europe, according to the NPD Group. link
Microsoft gains 15% share in anti-virus tools. link
Facebook has purchased 750 patents from IBM to defend itself from Yahoo’s patent litigation.
Apple sells 3M new iPads during its first weekend of sales. link
Barron’s estimates 90% of mobile handset profits accrue to Apple and Samsung. The company also estimates smart phone sales will increase by 46% to 688M. link
Pew released a study on teen cellphone use (link)
- 25% teens have a smart phone, but 77% have a mobile phone.
- 8% of teens use location based services.
- The average teen sent 50 messages. 14 to 17 year olds send 100 messages per day.
- The average e-mail is read 48 hours after it is sent, while the average SMS is read in four minutes. link
VeriFone’s payment gateway and mobile payments system process to process $10B in merchandise value this year, according to the company. Square is at a $4B run rate. link
BestBuy sells 13% of iPhones while Apple sells 15%, pointing to the power of distribution channels for the iPhone, both big box merchants and mobile phone carriers. link
98% of data security breaches result from external threats marking a 28 percentage point increase in 4 years. The shift is not caused by a change in share but a dramatic rise in the number of external threats. link
Like PayPal and Square, EventBrite has released a mobile credit card reader to process transactions. link
Apple’s iPhoto For iOS tops 1M downloads. link
In 2011, Google acquired 78 companies for $2.32 billion, its most acquisitive year ever, according to a regulatory filing. Executives have said they expect to keep the pace in 2012. link
Amazon buys warehouse robot maker Kiva Systems for $775M. link
Symantec acquires enterprise mobile app store provider Nukona.
Beats Audio will acquire MOG music service. link
Groupon Acquires FeeFighters, provider of commercial credit card processing market place. link
eBay Sells its real estate listings site rent.com to Primedia. link
Zynga acquires Draw Something developer OMGPOP for $180M. link
Index launches a $200M life sciences fund in partnership with Glaxo and J&J. link
|42Floors Inc.||42Floors Inc. offers an online commercial real estate search engine.||0.4||Y Combinator; SV Angel|
|Stormpath Inc.||Stormpath Inc. provides a cloud service for developers to manage users and simplify authentication and access control in applications.||1.5||New Enterprise Associates; Flybridge Capital Partners|
|Wantful, Inc.||Wantful, Inc. operates an online gift-giving market that enables users to create and give thoughtful and exceptional gifts for any occasion.||5.5||Greylock Partners; Polaris Venture Partners, Inc.; Harrison Metal Capital; Forerunner Ventures|
|Averail Corporation||Averail is developing a mobile content management technology that wants to help employees share enterprise documents on mobile devices.||6.0||Foundation Capital; Storm Ventures Inc.|
|Yummly, Inc.||Yummly, Inc. operates a semantic recipe search and recommendation platform for cooking enthusiasts.||6.0||Intel Capital; Unilever Ventures Ltd.; First Round Capital; Physic Ventures, LLC; Harrison Metal Capital|
|Buysight, Inc.||Buysight, Inc. provides online acquisition, remarketing, and brand advertising services||8.0||Onset Ventures; Rembrandt Venture Partners|
|CTERA Networks, Ltd.||CTERA Networks, Ltd. offers a cloud service delivery platform that enables service providers to offer cloud storage; CTERA CloudPlug, a solution for file sharing, data backup, and synchronization needs of branch offices, teleworkers, and SOHO users.||15.0||Benchmark Capital; Venrock; Cisco Systems, Investment Arm|
|MyThings, Ltd.||MyThings, Ltd. offers online products and belongings registration services.||15.0||Accel Management Co, Inc.; Iris Capital; T-Venture Holding GmbH; Carmel Ventures|
|oDesk Corporation||oDesk Corporation operates an online employment platform that enables employers to hire, manage, and pay a flexible online workforce.||15.0||Benchmark Capital; Globespan Capital Partners; Sigma Partners; T. Rowe Price Group, Inc. (NasdaqGS:TROW)|
|SilverRail Technologies, Inc.||SilverRail Technologies, Inc., a travel technology company, provides an integrated technology platform for selling rail ticketing solutions.||15.0||Accel Management Co, Inc.; Canaan Partners; Brook Venture Partners; Sutter Hill Ventures; GrandBanks Capital Inc.|
|Spigit, Inc.||Spigit, Inc. provides crowd innovation solutions for Fortune 500 companies.||15.2||Warburg Pincus LLC|
|Xulu, Inc.||Xulu, Inc. provides investment advisory services.||–||Sequoia Capital|