Tag Archives: Tom Cheredar

Evernote Acquires Skitch

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Evernote has added another app in its arsenal of note-taking tools. The company announced that it has acquired Skitch, an OS X image-sharing app. Skitch, which currently sells for $20 in the Mac App Store, lets users add visual notes to images than can then be saved to a PC or uploaded. READ MORE »

Bids for Hulu Expected to Start at $1.5 Billion

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You would think that after a summer of will-they-wont-they rumors, confirmation of an impending Hulu sale would have quieted speculation. But in fact, it has only increased it. According to Venture Beat’s Tom Cheredar, sources are reporting that Hulu’s owners—Disney, News Corp., Comcast, and Providence Equity—expect bidding to start at $1.5 billion for the video-streaming company. READ MORE »

Coupons.com Raises $200 Million At a Whopping $1 Billion Valuation

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Coupons.com, the largest provider of digital coupons, announced it has received a $200 million investment from a group of institutional investors, including several mutual funds reports TechCrunch’s Rip Empson. Apparently, sources say the huge investment comes at a supposed $1 billion valuation, which is based on $100 million in expected revenues for 2011, about double from 2010. The company is likely ramping up for a potential IPO next year. READ MORE »

Senators Urge Crackdown on Digital Currency

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It’s been said that supermodel Gisele Bundchen once demanded to be paid in Euros when the U.S. dollar began sliding. If it’s true, then maybe she was on to something. According to Tom Cheredar at Venture Beat,  the threat of a digital currency like Bitcoin competing with other national currencies could become real. Bitcoin, uses peer-to-peer technology, so there is no paper trail, and no banks involved, making it that much more difficult to track  illegal activity. READ MORE »