After five years of bootstrapping its way to profitability, Imgur announced today a $40 million funding round raised through Andreessen Horowitz. The funding will go toward product development, growing Imgur internally and growing Imgur’s user base worldwide. Reddit, the community for which Imgur was originally built, contributed to the round. Imgur was created in 2009… Continue reading Bootstrapped Startup Imgur Signs With First Investors, Including Reddit
Tag: Finance
The latest in business news, finance, stock trends, IPOs and currencies.
Best Insurance Jobs for a Business Degree
Lots of undergraduates avoid getting business degrees because they think they’ll simply end up in a cubicle at a big corporation. Others avoid them because they associate business school with starting a business and that’s not the route they want to go. But having a business degree can help you land a wide variety of… Continue reading Best Insurance Jobs for a Business Degree
Flipboard Acquires Content Discovery Tool Zite
Social reader app Flipboard announced that it’s acquired content discovery tool and reader Zite from CNN. While Zite traded hands for a reported $60 million, it also appears that CNN has jumped on the Flipboard bandwagon and will be sharing its news and feature stories in its new Flipboard magazines: CNN and CNN International. While… Continue reading Flipboard Acquires Content Discovery Tool Zite
In Less than Two Months Overstock Surpasses $1 Million in Sales Made in Bitcoin
Less than two months after beginning to accept Bitcoin payments, Overstock.com has processed over $1 million of sales in the digital currency. More than 4,000 customers have used Bitcoin as a payment method on Overstock and more than half of the orders came from new Overstock customers, according to the Coinbase blog. Overstock began accepting… Continue reading In Less than Two Months Overstock Surpasses $1 Million in Sales Made in Bitcoin
Kickstarter Surpasses $1 Billion in Pledges With More than Half Pledged in the Past Year Alone
Kickstarter, the site for crowdfunding your ideas, surpassed $1 billion in pledges today. More than half of that amount was pledged in the last 12 months alone. The pledges represent over 5.7 million backers in 224 countries and territories in all seven continents. The top-pledding country is the United States with over $663 million pledged.… Continue reading Kickstarter Surpasses $1 Billion in Pledges With More than Half Pledged in the Past Year Alone
Netflix Strikes Deal With Comcast to Improve Streaming Video Performance
Have your Netflix binges been a little slower than usual? While Netflix users seem pretty excited about the release of the second season of House of Cards, if you’ve been using Comcast’s broadband service to connect, you may have been experiencing throttled traffic. Netflix has been in dispute with Comcast after data was released that… Continue reading Netflix Strikes Deal With Comcast to Improve Streaming Video Performance
Mark Zuckerberg and Wife Priscilla Chan Named the Most Generous American Philanthropists Of 2013
The Chronicle of Philanthropy has reported that Mark Zuckerberg and his wife, Priscilla Chan, were the most generous American philanthropists in 2013. The couple donated 18 million Facebook shares (with a value of almost $1 billion) to the Silicon Valley Community Foundation. The donation was the largest charitable gift on public record for the year… Continue reading Mark Zuckerberg and Wife Priscilla Chan Named the Most Generous American Philanthropists Of 2013
Google Forced to Post Privacy Warning on Its French Search Site
Google users in France will begin seeing a privacy warning upon visiting google.fr Recently when Google unified its policies across several popular services like Gmail and YouTube, the French grew concerned with their privacy, believing that Google had committed privacy abuses that went against French law. This is why France’s Commissions Nationale de l’Informatique et… Continue reading Google Forced to Post Privacy Warning on Its French Search Site
