It’s Xbox day! Almost exactly 8 years after the announcement of the Xbox 360, Microsoft is back with another one.
We’re live on the ground at Microsoft’s Xbox campus in Redmond, where the company is about to show its next-generation console for the very first time. We’ll be bringing you the news as it breaks with our up-to-the-second liveblog. Join us, won’t you?
Smartwatches are all the rage, and judging by the turnout and level of enthusiasm at the recent year one meetup for Pebble Kickstarter backers in San Francisco, there’s at least a passionate niche audience for the things. So it isn’t surprising to see them continue to pop up on Kickstarter. A new one called Agent has a few unique tricks, however, which its creators believe set it above the competition.
What the Agent has that others don’t is a combination of power management features and wireless charging. It has not one but two processors, for instance, one with higher performance capabilities and one extremely low-power variant to handle simple background tasks. There’s a new Sharp Memory Display that combines the advantages of both a traditional LCD and e-ink black and white, which is very power conscious, as well as wireless Qi induction charging with an included pad. Since it’s based on the widely-accepted Qi standard, however, it should work with charging pads from a variety of manufacturers.
In the debate surrounding native versus web apps, the mobile web has been getting a bad rap lately. Not least since Zuckerberg famously threw HTML5 under a bus. But for publishers, a mobile website is more often essential, even if they have a shiny so-called “native” app too.
Brow.si, a new product from MySiteApp, is launching in open beta today as an add-on for mobile websites that promises to bring a number of features to rival the engagement of native apps. These include social sharing, a read it later button, subscriptions, and push notifications (sort of). Developers can also create additional extensions for the Brow.si platform to add further desktop web/app-like functionality and monetization options.
Once the Brow.si code has been integrated into a mobile website, the site gets the Brow.si toolbar added to it. Clicking on the toolbar reveals a row of buttons incorporating the new features, which include sharing the page to multiple social networks, a read it later option that ties into Pocket and Readability, and the ability to adjust font size. Further mini-apps are on their way, too. These will come from third-party developers that Brow.si hopes to attract, thus creating a marketplace as part of the platform.
TeamSnap, a company that provides tools for managing sports teams, has today announced that it is acquiring Weplay, a social networking site for athletes, parents and coaches to help facilitate coordination for events, games, practices, etc.
The terms of the deal were not disclosed.
The Trinity Ventures-backed startup, Teamsnap, is an online tool aimed at making practice scheduling, conditioning sessions, team rosters, payment plans, etc for all amateur sports. It tracks everything from parents’ payments for big tournaments all the way to who’s bringing the sliced oranges.
Change.org got its start in 2007 as a social network for non-profits and for project-based giving. For years, growth was slow for the fledgling social action platform, but, over the last year, that changed dramatically. Change.org has grown from six million users in early 2012 to more than 35 million users today, and, as a result, has become one of the largest and fastest growing of its kind.
In fact, this growth has led the company to take on its first round of outside financing in its six-year history, a sizable $15 million investment led by the Omidyar Network, the philanthropic investment firm created by eBay founder Pierre Omidyar and his wife, Pam. The firm, which has also backed platforms like Meetup and micro-lending giant Kiva.org, will be taking a minority (and non-controlling) stake in Change.org, even without the promise of a traditional liquidity event — as the company has expressly stated that it will not sell or IPO.
Other investors in the round, which brings the startup’s total capital to around $20 million thanks to previous angel investments, includes Uprising, a new “mission-aligned” San Francisco-based fund, among others.
Burstly‘s grand vision coming out of its TestFlight acquisition is getting full reveal today with the announcement of the company’s new corporate structure, which rebrands Burstly’s monetization tools as SkyRocket, and opens them up to all mobile developers and publishers with a new self-serve option, whereas previously they’d been accessible only to the biggest fish in the app ecosystem pond.
Burstly’s new corporate structure puts its three products under the larger brand, including TestFlight, FlightPath, and now SkyRocket. Together, these represent a full cycle of support covering the entire development process, from beta testing straight through analytics for shipped software, and on to monetization tools to help capitalize on insights gleaned from the analytics to increase conversions and revenue.
There’s cross-functionality between each of the three components as well; including the TestFlight API in a mobile app means that it’s available to plug into and use for the FlightPath mobile analytics suite, and devs can use custom user segments created in FlightPath to then build different monetization options in SkyRocket. So, that means you could, for instance, see high flight risk users like those who have consistently run into crashes or been frustrated by bugs and target them with in-app rewards, or even unlock additional content for high value users to keep them pleased and spending.
More developments in the Sprint acquisition food chain saga. As expected, Sprint is upping its offer for outstanding Clearwire shares to $3.40 per share, working out to an offer of about $2.5 billion. This comes after originally making an offer of $2.2 billion, based on $2.97 per share.
The new offer values Clearwire at $10.7 billion, but for those investors and bankers who are now thinking they can play a game of chicken against Sprint while the carrier itself is being courted by both Softbank and Dish, think again: “The offer represents Sprint’s best and final offer,” Sprint says flatly.
Sprint was widely expected to up its price for the 50% of shares of Clearwire that it does not already own after shares in Clearwire rose last week to close at $3.20 per share on Friday. Clearwire shareholders were going to meet to vote today and were anticipated to vote against Sprint’s earlier offer, because it was too low. Pre-market today, Clearwire’s shares are at $3.46 and rising.
Kudos to Apple’s finance lawyers, who are the Cirque Du Soleil of legal contortionism. On the eve of live testimony from CEO Tim Cook, CFO Peter Oppenheimer and Phillip Bullock, head of Apple’s tax operations, a scathing congressional investigation of Apple’s tax dodging strategy reveals how the computer giant avoided $13.8 billion in taxes through a clever labyrinth of offshore tax havens, shell corporations, and paper shuffling.
“The ability to pay taxes of less than 2% on all of Apple’s offshore income gives the company a powerful financial incentive to engage in convoluted tax planning to avoid paying U.S. taxes,” notes the report from Senators Carl Levin and John McCain of the Permanent Subcommittee on Investigations.
The 37-page report is jam-packed with all the edge-of-your-seat thrills one would expect from a congressional report on multinational tax policy; we summed up the good parts so you can concentrate your valuable workday procrastination on cat videos.
Expect a swathe of consolidation in the European e-learning sector in the coming months. Edxus Group, a new London-based corporate operating edtech company, is planning to plough in €50-60 million ($64-$77 million) over the next 18 months to develop and acquire European e-learning businesses and build out a single regional player with the scale to compete against U.S. edtech giants, it said today.
Edxus plans to execute the first phase of its “buy and build” strategy over the next three to four months, deploying an initial €15-20 million to “consolidate a handful of European e-learning companies”.
It did not specify which companies it has in its sights but said the target is those serving the K-12/primary and secondary school market. Northern Europe and the U.K. are the initial markets for the first wave of investment, with other European regions “under assessment for future plans”. The aim is to bring together “complementary expertise and products in curricula, data and instructional systems”, it added.
In what is effectively a follow-on round, Brightpearl, the cloud software provider for multichannel retailers, has raised $8 million in Series B funding from previous backers Eden Ventures and Notion Capital. Both Eden and Notion seed-backed the UK company, before adding a further $5 million Series A in May 2011. This brings the total raised by Brightpearl to $14.5 million.
Brightpearl provides cloud software for small to medium-sized retailers, which integrates orders, inventory and customer data across multiple retail channels — both online and bricks ‘n’ mortar. The problem that it’s set out to solve is that whilst it’s arguably easier than ever to start an e-commerce business, even a blended off-line/online one, there’s fragmentation in terms of the number of channels that you’re expected to sell into. The headache here occurs when trying to manage stock/inventory across channels, and dealing with things like double-selling, support, delivery, and tracking customers from one channel to another.
Brightpearl’s cloud offering aims to take care of this heavy lifting, helping businesses scale and manage a multitude of SKUs across all of their online and brick-and mortar channels, with a “unified system for inventory, order, and customer data.” The customer data element is particularly noteworthy.
