Pinterest Now Tracks Everybody by Default, but You Can Opt Out

Pinterest will now compile profiles of people who visit sites that contain Pinterest buttons, so their social bookmarking experience can be automatically personalized around interests that correspond to those sites. This will happen both for people who are currently logged in to the Pinterest website, and for people who have never even joined Pinterest, via … Continue reading

IGT Not Deterred by Zynga Scrapping Real-Money Gambling Plans

In its Q2 earnings report earlier this week, Zynga said it has abandoned its plans to pursue real-money gambling in the U.S. But Nevada-based IGT, which makes both physical and virtual casino games, said its plans are unaffected. “What Zynga’s finding out is that breaking into real-currency wagers is a difficult thing,” said executive VP … Continue reading

Amazon Builds the Spheres, While Google Opts for the Hulk

As with Apple, Facebook, Samsung and many other tech companies, Amazon and Google are in the analog building business of late. According to the Seattle Times, the e-commerce giant had its plan for a “five-story office building formed by three intersecting spheres” unanimously thumbs-upped by that city’s design-review board. There are still other approvals to … Continue reading

Zulily to Price IPO at $16-$18 a Share, Valuing Deals Site at About $2 Billion

Cash image copyright Julia Ivantsova Discount shopping site Zulily said in an SEC filing today that it is looking to price shares during its upcoming IPO at $16 to $18. With the company offering 6,377,500 shares, Zulily would raise just shy of $115 million if it priced at $18 a share. That price would also … Continue reading

Can LivingSocial Reignite Its Once-Bright Future?

It has certainly been a rough 2013 for LivingSocial. The daily deals company had to cope with an erroneous report about its $110 million funding round, a hack of customer information and a sloppy shutdown of its local-events business. And, of course, the growing perception by many investors and consumers that daily deals companies are … Continue reading

Groupon to Acquire LivingSocial’s Ticket Monster for $260 Million; Q3 Revenue Misses

LivingSocial has its buyer for Korean subsidiary Ticket Monster: Its biggest competitor, Groupon. Groupon said it will pay at least $100 million in cash and up to $160 million in stock for Ticket Monster, known locally as TMon. AllThingsD had recently reported that LivingSocial was close to finding a buyer for the business it acquired … Continue reading

How Do You Get VCs to Invest in a New Videogame? QuizUp Did It With “Twilight.”

Apparently, the answer is “red.” The more you know … Pre-launch videogames, generally speaking, are not the best fit for venture capital. Games are notoriously a hits-driven business, and the sheer number of free titles being released every month makes picking the winners an inexact science, at best. Nothing speaks louder than numbers, though, as … Continue reading

Coin: Finally, a New Way to Pay in Stores That People Might Actually Use

The whole startup payments world seems set on the inevitability that we will all end up paying for stuff in stores with information stored on our smartphone. Guess what? I like paying with a card. And so do a whole lot of people. The frequent counterargument from many mobile payment companies is this: We’ll load … Continue reading

Explaining What It’s Going to Do With All That Dough, Pinterest Unveils Stats on Strong Mobile and International Usage

Pinterest confirmed an earlier report by AllThingsD that it had raised $225 million more from investors at a valuation of $3.8 billion. This Series E round will bring the total funding to $564 million for the San Francisco social scrapbooking startup since it launched in 2010. Yes, you may say it out loud: Yipes! In … Continue reading

WhaleShark Media Hires CFO With Public Company Experience

WhaleShark Media, the profitable coupon company that generated more than $140 million in revenue last year, has hired Douglas Jeffries as its new chief financial officer. The Austin, Texas-based company said Jeffries will manage WhaleShark’s global finance, legal, facilities and human resource teams — and at this rate, he’s presumably being brought on board to … Continue reading