Tech Town, NC

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 in [...]

[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 floated around [...]

[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 it wasn’t already past [...]

[Read more →]

For anyone who read my post last week about life-casting lotto website See Me Win, there is good news. The site, which had been down for some redesigning, will be broadcasting live starting at 10PM tonight. I got a message from one of the site’s founders, Duke grad Breck Yunits, saying that they’ve got a [...]

[Read more →]

Durham, NC company Motricity has acquired Inofspace Inc’s mobile services unit for approximately $135 million in cash. The deal brings together two of the major players in the mobile software and content delivery sector. Motricity comes out of this looking like a force to be reckoned with, boasting the software that powers the start screen [...]

[Read more →]