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Tag Archives: VentureBeat Inc.
Apple is almost certainly working on a digital television based on its iOS operating system, according to multiple sources in Silicon Valley, reports VentureBeat. Piper Jaffray analyst Gene Munster, for instance, says that Apple will make an actual TV–not just a set top box–in late 2012 or early 2013 and cites component suppliers and an internal Apple source, to back up his prediction.
Stephanie Tilenius, Google’s vice president of commerce, visited VentureBeat’s MobileBeat 2011 conference in San Francisco to discuss her company’s plans for mobile and online payments. Tilenius, who is responsible for Google Wallet and Google Offers, the company’s payment system and “daily deals” loyalty program, respectively, believes the company is just getting started.
Isis, a joint venture for wireless credit-card payments made up of AT&T, T-Mobile, and Verizon, has announced that Austin will be among the initial launch markets next year for its “wave and pay” program that lets consumers pay for goods and services with nothing but a phone, writes Kit Eaton for FastCompany.
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.
Leading up to the launch of its new music streaming service iCloud, VentureBeat reports Apple has finally signed all four major U.S. record labels—Universal, EMI, Sony, and Warner—paying out between $100 million and $150 million for their participation. Having finally acquired the rights from Universal, the final holdout, Apple will pay each record label between $25 million and $50 million.