Leading airplane manufacturer Airbus has looked 40 years into the future to reveal its vision of flying in 2050. The result? An invisible plane. Instead of a traditional steel outer shell, the Airbus concept plane features a transparent membrane that changes color based on the time of day. The twisting framework of the exterior (inspired…
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Today social gaming giant Zynga filed a form S-1 with the SEC. The document shares a number of insights with the public for the first time since their rise to online gaming domination. The filing has Zynga to raise almost $1 billion from the IPO. Underwriters include Morgan Stanley, Goldman Sachs, Bank of America, Barclays…
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Earlier today we reported the sale of MySpace to Specific Media for $35 million. This was not a surprise as News Corp has been looking for an exit strategy with MySpace for awhile now. What is somewhat interesting is the new ownership and the involvement of musician Justin Timberlake. We first caught news of this…
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Our very own DC-based LivingSocial announced this morning that it has acquired Ensogo, the market-leading deal site in Thailand and the Philippines; DealKeren, an Ensogo company based in Indonesia; and GoNabit, a daily deal pioneer with a presence in four Middle Eastern countries. LivingSocial also introduced Daily Deals in the Netherlands, bringing their country presence…
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If you knew how easy it is to contribute to campaigns that are doing good in the world, would you do your part? StartSomeGood is a new social crowd-funding platform that should make the decision easy so you can feel good about helping those who need it. Social entrepreneurs always encounter an uphill battle when…
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If Tumblr and online shopping had a groovy love child, its name would be Storenvy. The San Franscisco-based startup is doing for e-commerce what Tumblr did for blogging: that is, making it more accessible and more social than ever before. Recently named one of Entrepreneur Magazine’s 100 Brilliant Companies for 2011, Storenvy is a social…
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In today’s crowded marketplace, job seekers want to be more than a piece of paper. Employers want that, too, because they don’t hire resumes, they hire people. Leesburg, VA-based VidAppy has created a solution for hiring the best job candidates with simple efficiency. VidAppy is an asynchronous job interview application for the retail, grocery and…
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Today was the kickoff of the Apple Worldwide Developer Conference which runs through June 10th. In case you were not one of the Apple fans that slept on the streets of San Francisco camped out in front of the Moscone Center last night and did not get a chance to watch the action real-time or…
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Earlier today, eBay Inc. announced that it will acquire Los Angeles-based Magento, a leading open-source ecommerce platform that serves tens of thousands of merchants worldwide. Magento’s high degree of flexibility and control over the user experience, catalog, content and functionality of their online store has made it a go-to choice for enterprise-level solutions. They also…
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Today Groupon filed a S-1 with the SEC to raise $750 Million. Morgan Stanley will lead the underwriting of the IPO. To save you time, we have pulled out some of the interesting data points from the SEC filing that reports Groupon’s financials and other details pertaining to the business. So here it goes, Groupon…
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With 2008 being the first elections that utilized social technology like Facebook, Twitter and YouTube for political campaigns, we named Barack Obama the first Tech President. We expected that to continue in 2012, so we were excited to see the news that longtime Tech Cocktail supporter and former Threadless CTO Harper Reed is the CTO…
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Earlier this week, Amazon announced they will be launching a Kindle Library Lending feature that will allow users to “check-out” an e-book from a local library. At initial glance, one could question if this could actually hinder Amazon’s e-book sales going forward. However, this is just another case of Amazon being a consumer driven company,…
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For the past few years, the newspaper industry has been under pressure to stem the rising tide of readily free content available on the Web. While most newspapers have generally offered their online content for free to help build their online brand, as well as learn more about the usage patterns of its readers, the time has come…
Read MoreAccording to a release on the AT&T website, the company is acquiring T-Mobile USA looking to enhance their network capacity, output and quality in the near term for both companies’ customers. The deal is worth an estimated $39 billion in cash and stock. The breakdown is as follows: $25 billion in cash and $14 billion…
Read MoreAre you a social media fanatic? Do you like to read? Look no further than Cool Blue Press, the upcoming publishing company primarily focused on social media marketing books launching this week at SXSW. Where better to launch a social media book publishing house than at the “primary” social media conference? This coming year, founder…
Read MoreNetwork Solutions just shared their State of Small Business Report with the University of Maryland Robert H Smith School of Business and it’s not pretty. But it is optimistic. Here’s why. From the first paragraph of the report: The competitive health of America’s small businesses is as low as it has been since the SmallBusiness…
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Today, we’re excited to announce that Tech Cocktail has taken a $2.5M... Read More
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