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. This move could level the application development arena,…
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…
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…
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…
Israel based GreenRoad Technologies, formerly known as (Diagnostics Drive), develops innovative driver safety technologies that prevent risky driving before an accident occurs. The company has just completed a $14.5M round led by Virgin Green Fund and Benchmark Capital with participation…
It’s been over two years since I’ve started VC Cafe in December of 2005 with a simple goal in mind- to extinguish the notion that too many dollar bills are chasing too few ideas. Boy what a tremendous ride it…
A year ago people used to say that “content is king” when it comes to making it big on the internet. But does the old paradigm hold today when every web 2.0 startup seeks user-generated content and 156,046 social networks…
Volatility in the markets soared this past week as we approach the end of the first month of 2008, and as we’ll approach the likely reality that the US has already entered a recession. The San Francisco Business Journal asked…
I loved reading this headline: “SVB FINANCIAL GROUP OPENS ITS DOORS IN ISRAEL”. I first heard about Silicon Valley Bank’s intention to open an Israeli branch from Michael Moretti back in 2006. We met at the Israel/US Venture Summit and…
In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash. Fraud Sciences is has developed online…
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