Google Shares Go Past $700 a Piece
2007-10-31 17:21:50
Google is now steadily gaining steam in the stock market. Just this month we reported that a share of Google's stock would sell for about more than $600, yesterday, Google has passed the $700/share mark.
More than $700 per share means that Google is now worth more than $220 Billion dollars and that can virtually buy anything. This milestone shows that since Google's IPO in August 2004, they have grown more than 720%. For anybody owning stocks of the giant, this is a happy halloween.
There was however a sudden leap for the stock of Google following speculations of the GPhone and their recent launch of Open Social API. ...more
Halloween isn't exactly the date that companies find special enough to make a purchase or get an investment. Oh well.
--------
4Info Inc., a Palo Alto, Calif.-based mobile search company, has raised an undisclosed amount of VC funding from Peacock Equity, a $250 million venture capital fund formed earlier this year from GE and NBC Universal. As part of the deal, 4Info will become NBC Universal's preferred mobile SMS advertising partner. 4Info previously had raised around $28 million from Draper Fisher Jurvetson, U.S. Venture Partners, Sand Hill Capital and Gannett Co.
- ...more
This fake was found on Boy Genius and has made it to mainstream internet news on TechCrunch . The ad looks convincing and I really thought for a moment that the Canadians will finally get their iPhones.
Rogers, Canadian leading wireless provider, however, contacted Mashable , claiming that the ad is not official. In other words it's a great looking fake. Another however, Rogers does not deny nor confirm that they will be selling the iPhone on December 7 or this December or next year or never.
According to the Mashable report, Rogers was just disappointed that the ad circulated. On the lighter side, Rogers can now use this oppurtunity to ramp up their marketing for their someday hopefully retail of the iPhone. ...more
OH yes. It's a dream come true, finally a site to find women and rank them for their physical appearances. Finally? I thought there was already Digg and Hot or Not? True, But this one's got a twist, a twist that benefits bloggers, programmers, and webworkers alike.
Dig a Silicon Valley Girl , is a Hot or Not ranking system / social network where mostly guys get to come together and discuss their favorite topic, girls. This site however is exclusive for females of the Internet or any Web2.0 related industry. These girls are the geeky types and their hotness has been masked by their careers.
For some it may sound pathetic fo nerds of the Valley to rate and rank the women they work with but also it's a useless tool for any tetosterone driven webworker to put a face on the names seen on blogs and news. Of course, the more important thing, Dig a Silicon Valley Girl is an outlet to find smart and hot girls! The rarest of combinations. ...more
Whew.. It's been a long weekend and the market has been really busy. Well it should be after last week's banal spree of acquisitions and investments.
This Tuesday however has much much more in the news as I expected.
-----------
Shipwire Inc., a Sunnyvale, Calif.-based provider of Web-based solutions for storing and shipping merchandise, has raised $4 million in Series A funding led by Meakem Becker Venture Capital.
--- ...more
After Microsoft backing Facebook, everything else this week just sounds boring. Today, three investements have caught my attention thanks to TechCrunch, Mashable and GigaOM.
--------
RealSelf is a new product review site with a niche for anti-aging. Well, to be fair, RealSelf addresses other aspects of anti-aging beyond just products. With seed funding from three high profile angel investors, including Richard Barton, CEO of Zillow, Bill Gossman, CEO of Revenue Sciences, and Nick Hanauer, Partner at Second Avenue Partners, RealSelf is starting off on the right foot.
- ...more
The past week, Asus launched their solution in providing cheap and mobile internet, the Eee PC. The ultra poortable device from Asus has a 7-inch LCD, 900Mhz Celeron CPU, 4GB flash drive and 1GB RAM and Linux OS. The $299 price tag knocks off all its competition. This week it's reviewed.
Performance wise the review could not be more generous, "Overall performance was pretty snappy, even though this machine uses a Celeron processor. Most apps loaded quickly, and the 512MB of RAM is more than sufficient for an operating system with such little overhead. A mere 4GB of storage space tells you that the Eee PC isn't going to be your primary digital media vault out of the box, but you can easily augment that capacity with an external drive. Plus, that 4GB solid state drive can withstand being dropped by Junior."
With the Eee PC's meager processor it acheives this great proformance by using a Linux OS and all other open source applications which usually eat up less computing power. However, finding and installing new applications for the device may be difficult.
All in all, the Asus Eee PC performs epspecially well for Web2.0 applications despite the size of its LCD, it was able to run Ajax and Flash websites just lie any other laptop. In the price department, the Eee PC is unbeatable at $299. Though its OS is not familiar, it's still easy to use and pretty much very ideal for a novice or somebody looking for a secondary device or a comprehensive mobile internet device. ...more
Some people really want to create their own website but don't have the time to go over even the most basic trainings/workshops on web-page design. So web apps that offer simple and easy ways to create website began to popping up in the internet like mushrooms after a thunderstorm. Two sites that offer such services are Jimdo and Weebly.
Both follow simple and easy to use interface. Both offer ajax and web 2.0 features and techniques. Both services have a free version. It boils down to the subtle differences and personal preferences.
Launched by three German guys, Jimdo is for designing and developing web-pages with a great image gallery layout, a great way for integrating different forms of media files. Jimdo creators claim that their service are better since it is very easy to use, create beautiful and individually designed pages, and has a lot of leeway or freedom on the content with capabilities of aggregating contents and adding other pages via widgets.
Weebly on the other hand, is geared towards creating websites for blogs and instructional purposes. The site advertises itself as a teachers tool, encouraging the use of the site's free service to create a virtual classroom to augment traditional classroom lectures. ...more
It's official. Microsoft has bought a stake in Facebook. The 1.6% share in Facebook's $15-billion valuation cost Microsoft $240-million dollars finally beating Google in the battle.
Microsoft and Google were both planning to buyout or buy some stock of Facebook and this Wednesday, Microsoft finally got its stake in the popular social network. Google apparently backed down saying that Facebook was not essential in their business plan.
These are probably signs of a bubble waiting to burst but unlike the first bubble, this one is taking way longer and possibly it may not burst at all. The huge amounts of money being exchanged are signss of the huge and obvious monetary value of social networks. Recall that News Corp bought out MySpace for $580-Million. On that note, Myspace was a therefore a bargain and Facebook is a scam since Facebook doesn't even make more than $200 million in revenue. ...more
Venture Capital Latest News
- GazProm Media Acquires RuTube
- Tesla Motors Get $40 Million Cash Infusion
- Fitbit Raises $2 Million from True Ventures and SoftTech VC
- Giga Omni Completes $4.5 Million Round
Startups Latest News
- JPG Magazine Folds
- Reunion.com and Wink Merge
- Layoffs Galore: Startups
- Passionato Launches Classical Music Download
Gadgets Latest News
- Motorola Releases Two New Phones
- Sony Touchscreen Walkman Rumored at The CES 2009
- Puma Glow Rider
- Mojo Mobility Develops Wireless Charger
Advertisers