MySpace Opens its Developer Platform - What will be the impact?

Welcome to VC Cafe. If you’re new around here, you may want to subscribe to our feed and get daily updates for FREE. Trailing after Facebook, MySpace will announce the launch of its Developer platform today, by opening the MySpace Developer Site to app creators around the world. Applications will be available to the users one month from today. [...]

Rumors Confirmed: Yahoo! completes acquisition of Israel’s FoxyTunes, Spins “Yahoo Unlimited” to Rhapsody America

Amid turbulence of acquisition by Microsoft, News Corp, Private Equity funds and now a ‘help’ offer from  Google, Yahoo! is not resting on its laurels. Following almost a month of rumors, PaidContent confirms that Yahoo! has bought Israel-based FoxyTunes, for an undisclosed amount. This is part of a larger move that Yahoo is making around [...]

Breaking: MSFT makes unsolicited bid to buy YHOO for $44.6 Billion in cash and stock

Microsoft offers an acquisition of Yahoo! for $31 a share, totaling in an equity value of $44.6 Billion . Microsoft’s proposal represents a 62% premium to Yahoo’s current trading price, but will Yahoo take it?
Yahoo has been struggling recently - the stock declined 38% and plans were made to lay off 1000 employees.
From the official [...]

The Impact of the Dollar Devaluation on Israeli Startups

This year alone, the Dollar dropped 20% against the Shekel, causing startups to run out of money quicker than what they expected. In the article “Start-ups stuck in winter doldrums“, Globes interviews Erez Shachar, a managing partner at Evergreen Venture Partners, and touches on the influence that the weakening of the dollar (hence the strengthening [...]

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