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Market Analysis & Industry News

NPD’s analysis shows tablet sales will exceed laptop sales this quarter by 50% with tablet sales reaching 21.5M units. link

Deep learning, a set of new neural network machine learning techniques, have led to breakthroughs in several disciplines in the past few months, including speech recognition and image recognition with certain systems now capable of outperforming humans. link

IBM reports Black Friday spending increased 21% y/y. Mobile payments volume increased 193% y/y. link

Product Releases

YouTube recently launched AirPlay-like video beaming for Google TV and Android devices, but Google plans to take the technology much further. The company is working on an alternative to AirPlay, which it wants to bring to third-party devices and services. link

Company Announcements

Tango, the mobile video chat company, announced 75M users and a virtual goods monetization revenue model. link

HP announced $30B (-7% y/y) in quarterly revenue. The company wrote off $5B from its $10B Autonomy acquisition after discovering accounting inaccuracies in the acquisition due diligence. link

Microsoft is building a set top box using a stripped down XBox that will play casual games and prvoide access to XBox TV, a streaming TV service due in late 2013. link

Instagram reported 10M photos over Thanksgiving, 226 per second at peak. link

3D Systems, the publicly traded rapid prototyping vendor is suing Kickstarter backed Formlabs for patent infringment. link

Foursquare announced 6.2M daily checkins and 3B check-ins. The WSJ reported separately the company will generate $2M this year, has 8M MAU and a total user base of 25M. link

Talent

Andreessen Horowitz has hired Chris Dixon as a partner. link

Liquidity

GetGlue, the social TV network, has been acquired by Viggle for $25 million in cash plus stock after raising $24 million in funding link

Financings

Company Description Investment Investors
Trulioo, Inc. Trulioo builds social identity verification products. 2.0 Blumberg Capital
SumAll Inc. SumAll Inc. operates sumall.com, a Website that allows businesses to take control of their own data. Its platform provides a business information management service that tracks and consolidates information about user’s business; and various tools to choose practical courses of action that allow users to grow their business. The company also offers SumAll Traffic, a data analysis tool that allows customers to place a monetary value on their Website traffic. SumAll Inc. was incorporated in 2011 and is based in New York, New York. 6.0 Battery Ventures; Wellington Partners Venture Capital GmbH
Socialbakers Ltd. Socialbakers Ltd. operates a social media statistics portal. The company specializes in statistics for Facebook in various countries, Facebook pages, Facebook applications, developers on the Facebook platform, and Facebook advertising prices, as well as LinkedIn in various countries and Twitter users. It also develops monitoring technologies, such as Socialbakers Page Analytics, which is used by brands globally and locally to measure their Facebook presence; and Builder, an enterprise-ready content management system that helps marketers, brands, and businesses better manage and analyze their social media activities. The company was incorporated in 2010 and is based in Pilsen, Czech Republic. 6.0 Index Ventures; Earlybird Venture Capital GmbH & Co. KG
Chango Inc. Chango Inc. operates a media buying platform that specializes in search retargeting. It offers Chango, a search retargeting platform that delivers results by serving display ads to in-market customers based on their recent search activity. Chango Inc. was founded in 2008 and is based in Toronto, Canada. The company has additional offices in New York and San Francisco. 12.03 Rho Capital Partners, Inc.; iNovia Capital; Extreme Venture Partners; Metamorphic Ventures; Mantella Venture Partners
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