Sunday, 8 May 2011

Weekly Report(30 April - 6 May 2011)

Disqus, the commenting system snagged $10 million funding....good gift on its fourth birthday :)
AppDirect, developer of Business Application Network secured $3.25 million seed funding from iNovia Capital.

Rotten Tomatoes along with its parent company Flixter, was acquired by Warner Bros. Home Entertainment Group. We can expect to get more and better all about movie reviews and news!
Sophos acquired Astaro, both the companies provide solutions for IT security threats.
DealADayOnline(DADO) has been bought by BuyWithMe, which along with deals also offers referral discounts. Again group buying and group discounts!
RIM- Research In Motion- has bought ubitexx, which has apps for varied mobile devices. Just last week RIM was in picture due to its acquisition of
eBay acquired MissionFish The combination of our technology and nonprofit expertise, plus eBay's active global community, forms the eBay Giving Works program. If you have a PayPal account you can donate without buying/selling anything :)

Amazon launched, which is dedicated shopping of branded fashion items. Its sale ranges upto 60% off.
TransferWise, online currency exchange system is now open for business. Its blog reads We've been open for a while now, starting now we are also open for business customers to transfer money. When we launched the business late in January we started of by targeting private customers as a start.
Disqus has rolled out a very interesting feature of @mentions. The suggestions are smart- it shows folks already in the conversations while others under 'elsewhere'...interaction to the next level!

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