Tech Town, NC

Adam Ostrow gives credit where credit is due by lauding a couple big steals in the world of web 2.0 acquisitions: MySpace and Flickr. When Mr. Murdoch bought MySpace for $580 million in 2005 many thought he had lost his mind. In retrospect, that was chump change.
Microsoft has ponied up about half of […]

[Read more →]

There is ample talk about what lies ahead for Microsoft and Yahoo, with some people even putting their money on another advance by Mr. Ballmer. With a $50 billion offer recently shelved it’s a valid question sot ask - How will Microsoft now employ that money to get some sort of return on it?
Rick […]

[Read more →]

Ryan Allis, the Triangle area wunderkind, iContact CEO, and host of some of the best meetups in the land wants to add another item to his resume - Bestselling Author. Ryan’s written a book called “Zero to One Million” about how he built a company (two companies actually) to the level of $1 million […]

[Read more →]

There aren’t many places that celebrate Halloween like our local Chapel Hill, so in honor of the holiday we thought we’d put together a compilation of the best, most notable Halloween logos sprucing up our favorite websites. If you’ve found one of your own, feel free to submit it to us at tips@techtownnc.com.

[Read more →]

Multiple sources are not reporting on the additional money raised by Facebook’s recent round of financing. The rumor-cum-story is that two New York Hedge Funds have also pitched in for the same 1.6 percent share that Microsoft acquired. That brings the total financing up to about 750 million, a number that had been […]

[Read more →]

Microsoft pulled the trigger on a smaller than rumored investment in Facebook today to the tune of $240 million. What will 240 million buy in this bubble-ish world? A measly 1.6 percent, that’s what! That puts the valuation of Facebook at $15 billion, which is quite a vote of confidence. If […]

[Read more →]

Along with the rest of the blogosphere I’m well aware of the good fortune$ of micro-blogging startup Jaiku, and its recent acquisition by Google, so when a press release landed in my inbox today for something called “Joiku,” it caught my eye. The rather odd copy reads thusly:
“Joikusoft Oy Ltd. today announces Joiku.com, a […]

[Read more →]

Economics, apparently. Even as Chapel Hill activates wi-fi hotspots downtown this month, there is a disturbing trend of failed Muni wi-fi networks in larger cities. Slate is running an excellent analysis of the problems many cities are encountering in their utopian pursuits of free city-wide wi-fi access. The article illustrates how economic […]

[Read more →]