The Verge has decided to hop in a time machine and inspect Windows 1.0 and how the operating system “gracefully failed.” The report draws parallels between Windows 1.0 and Windows 8, which has been receiving a lukewarm reception so far.
[Source: The Verge]
Card Scanning Solutions, a provider of software which reads data on ID cards and official documents raised new funding of an undisclosed amount from Insight Venture Partners, Red Oak Growth Partners, and Egis Capital Partners. [Source: Card Scanning Solutions]
Scribble Technologies, a provider of “real-time engagement management solutions,” whatever that means, has raised $8 million in a new round of funding led by Georgian Partners with participation from Export Development Canada, Summerhill Venture Partners and Rogers Venture Partners. [Source: Scribble Technologies]
TripAdvisor has acquired GateGuru, a mobile app for flight and airport information. GateGuru, based in New York, has raised more than a million in seed funding from Allen Morgan of Mayfield Fund, Chamath Palihapitiya of Social+Capital Partnership, Former Thomson Reuters CEO Tom Glocer, founder of Gerson Lehrman Group Thomas Lehrman, founder of Seatguru.com Matthew Daimler, and BVH founder Bradley Harrison, along with Dave Morgan and Zachary Aarons. [Source: GateGuru]
Backed by $15 million in funding from Andreessen Horowitz, Battery Ventures, Peter Wagner and four of the original VMware founders, Cumulus Networks today emerged from stealth mode and launched Cumulus Linux, a Linux operating system for datacenter networking. [Source: Cumulus Networks]
Fab has raised $150 million in new funding from Tencent alongside TK. The new round values Fab at $1 billion. The company plans hit $200 million to $300 million in sales this year 2013, which is twice last year’s revenue. A source familiar with the situation told PandoDaily that Fab lost $90 million last year and will lose somewhere in the ballpark of $50 million this year. The company plans to raise another $50 million to $100 million in the next year. [Source: Bloomberg]
Rolling Stone and Buzzfeed reporter Michael Hastings died early this morning in a car accident at the age of 33. Hastings’ uncompromising 2010 profile of General Stanley McChrystal led to the general being recalled to Washington by President Obama and resigning shortly thereafter. [Source: Buzzfeed / Rolling Stone]
The same day Carl Icahn proposed that Dell offer to buy back as many as 1.1 billion shares at $14 a share, Dell’s special committee struck down the proposal, saying it’s “not, in its present state, a transaction that the special committee could endorse or execute.” [Source: AllThingsD]
According to a White House statement, the US and Russia have reopened a Cold War era hotline to help prevent cyberwar. The countries will use the hotline to share information about hacking attacks. [Source: Verge]
Alternative search engines seem to be on the rise. Today, search engine DuckDuckGo tweeted that it received more than three million direct searches in a single day. [Source: Search Engine Land]
Cloudera has announced that its current CEO Mike Olson will become chief strategy officer and chairman of the board. In his place will be former Arcsight CEO Tom Reilly. [Source: GigaOm]
Toshiba has announced that it plans to cut about 10 billion yen ($104 million) in TV business costs by the end of this fiscal year. This comes after the company lost almost 50 billion yen in the last business year. [Source: Reuters]
FiftyThree, the company behind the iPad app Paper, has just closed a $15 million round of funding. This round was led by Chris Dixon at Andreessen Horowitz. [Source: VentureBeat]
Blekko has released a new iOS and Android version of its Izik search app. The Izik app makes use of Blekko’s “Dynamic Inference Graph.” [Source: TheNextWeb]
“I feel we’re moving into a world that was described pretty accurately by one of the founders of Google… Some reporter asked Eric Schmidt if this was an invasion of privacy … and he said ‘If you’re doing anything that you don’t want to be on the internet, you shouldn’t be doing it.’”
Dish today issued a response to Sprint’s lawsuit against Dish claiming its bid to buyout Clearwire is illegal. According to Dish, the lawsuit is a “transparent attempt to divert attention from its failure to deal fairly with Clearwire’s shareholders.” [Source: GigaOm]
It looks like Amazon will not be taking a cue from Netflix in terms of episode release. According to the Verge, when it released its new program “Alpha House,” it will not release every episode all at once. [Source: The Verge]
Last night the BBC announced six London-based digital media startups that will join its BBC Labs accelerator program. This is the BBC Labs’ second class. [Source: GigaOm]
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FiftyThree raises $15 million from Andreessen Horowitz to move beyond Paper
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Matrix Partners’ Antonio Rodriguez on his investment in Oculus Rift
