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- <a href="http://techcrunch.com/2012/05/17/and-the-first-facebook-ipo-hackathon-photos-roll-in/" title="And The First Facebook IPO Hackathon Photos Roll In" id="headline-555897" onclick="s_objectID='river_headline';">
- And The First Facebook IPO Hackathon Photos Roll In </a>
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- <a href="http://techcrunch.com/2012/05/17/and-the-first-facebook-ipo-hackathon-photos-roll-in/" onclick="s_objectID='river_image';"><img width="230" height="288" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/mark-hackathon-31.jpg?w=230" class="main-image wp-post-image" alt="mark-hackathon-31" title="mark-hackathon-31" /></a>
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- <p>Hundreds of Facebook employees congregated at ‘Hacker Square’ at the company’s Menlo Park headquarters this evening ahead of the company’s insanely-hyped initial public offering. Now, some of the first photos are starting to trickle in. There was a standing ovation for chief executive Mark Zuckerberg, who gave a talk before several long-time engineers bounced in while wearing capes or bringing boomboxes.</p>
- <p>Tonight Facebook is having its 31st Hackathon to celebrate the IPO. Hackathons are a company tradition. They’re a place where engineers and other non-technical employees get to stay out all night building concepts into real products that sometimes eventually get shipped. Some of the big products that have come out of earlier Hackathons include Facebook chat and an early version of Timeline. <a href="http://techcrunch.com/2012/05/17/and-the-first-facebook-ipo-hackathon-photos-roll-in/" class="more-link">→ Read More</a></p>
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- <div class="by-line">Nir Eyal, Contributor</div>
- <div class="post-time">posted 42 mins ago</div>
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- <a href="http://techcrunch.com/2012/05/17/facebook-why-emotions-are-big-business/" title="Spotting The Next Facebook: Why Emotions Are Big Business" id="headline-555893" onclick="s_objectID='river_headline';">
- Spotting The Next Facebook: Why Emotions Are Big Business </a>
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- <a href="http://techcrunch.com/2012/05/17/facebook-why-emotions-are-big-business/" onclick="s_objectID='river_image';"><img width="288" height="260" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/spotting.png?w=288" class="main-image wp-post-image" alt="spotting" title="spotting" /></a>
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- <p>Tomorrow Facebook will sell shares in one of the biggest tech IPOs in history. New investors will gobble up the stock to get a piece of the global phenomenon famously started in Mark Zuckerberg’s dorm room in 2004. But while owning the stock will have quantifiable value when it trades on the open market, few buyers will be able to say truthfully that they understood the value of the company just a few years ago.</p>
- <p>Ask yourself candidly, what did you think of Facebook the first time you landed on its homepage? Where you blown away? Could you see how it would fill a gaping need in the lives of nearly a billion people? If you’re honest with yourself, and you’re not <a href="http://en.wikipedia.org/wiki/Peter_Thiel">Peter Thiel</a>, your answer is probably, “No, not really.” <a href="http://techcrunch.com/2012/05/17/facebook-why-emotions-are-big-business/" class="more-link">→ Read More</a></p>
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- <div id="post-555828" class="post-555828 post type-post status-publish format-standard hentry category-social category-tc tag-facebook tag-facebook-ipo module-post embedded-image-post">
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- <div class="by-line"><a href="/author/josh-constine/" title="Posts by Josh Constine" onclick="s_objectID='river_author';" rel="author">Josh Constine</a></div>
- <div class="post-time">posted 3 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/facebook-notification-controls/" title="Facebook Keeps Shipping. Now You Can Silence Spammy Apps And More With New Notification Controls" id="headline-555828" onclick="s_objectID='river_headline';">
- Facebook Keeps Shipping. Now You Can Silence Spammy Apps And More With New Notification Controls </a>
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- <a href="http://techcrunch.com/2012/05/17/facebook-notification-controls/" onclick="s_objectID='river_image';"><img width="288" height="288" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/facebook-notifications-done.png?w=288" class="main-image wp-post-image" alt="Facebook Notifications Done" title="Facebook Notifications Done" /></a>
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- <p>If there’s something on Facebook that won’t stop pinging you with Notifications, tell it to shut up instantly with Facebook’s new granular, in-line notification controls. Hover over an alert in the Facebook.com homepage’s globe icon drop-down and click the ‘x’ for the option to turn off notifications from that app, group, event, or post you commented on. The whole drop-down has a slick new look, too</p>
- <p>Previously you had to dig your way to the dedicated <a href="http://www.facebook.com/settings?tab=notifications">Notifications Settings page</a>to make these changes, and there was no way to turn off a specific source of alerts — you had to silence all your events or all your posts. Facebook has confirmed with me that most of the changes to notifications will be rolled out to everyone by tonight, except for app alert controls which are still in testing.</p>
- <p>As we accumulate more friends and apps, Facebook’s notifications can turn from delightful pointers to annoying distractions that interrupt our lives. These new controls mean if you want a more zen Facebook experience, you can make it so. <a href="http://techcrunch.com/2012/05/17/facebook-notification-controls/" class="more-link">→ Read More</a></p>
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- <div class="by-line"><a href="/author/colleen-taylor/" title="Posts by Colleen Taylor" onclick="s_objectID='river_author';" rel="author">Colleen Taylor</a></div>
- <div class="post-time">posted 4 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/kleiner-perkins-closes-on-525-million-kpcb-15/#comments">
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- <a href="http://techcrunch.com/2012/05/17/kleiner-perkins-closes-on-525-million-kpcb-15/" title="Kleiner Perkins Closes On $525 Million For Its 15th Venture Fund, ‘KPCB 15′" id="headline-555601" onclick="s_objectID='river_headline';">
- Kleiner Perkins Closes On $525 Million For Its 15th Venture Fund, ‘KPCB 15′ </a>
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- <a href="http://techcrunch.com/2012/05/17/kleiner-perkins-closes-on-525-million-kpcb-15/" onclick="s_objectID='river_image';"><img width="284" height="86" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/screen-shot-2012-05-17-at-6-47-05-pm.png?w=284" class="main-image wp-post-image" alt="Screen Shot 2012-05-17 at 6.47.05 PM" title="Screen Shot 2012-05-17 at 6.47.05 PM" /></a>
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- <p>Silicon Valley venture capital stalwart <a href="http://www.kpcb.com">Kleiner Perkins Caulfield & Byers</a> is announcing this evening that it has closed on a $525 million round for its fifteenth venture fund, dubbed ‘KPCB 15.’ The fund will be focused on making early-stage investments in digital, green tech, and health sciences startups. <a href="http://techcrunch.com/2012/05/17/kleiner-perkins-closes-on-525-million-kpcb-15/" class="more-link">→ Read More</a></p>
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- <div class="by-line"><a href="/author/kim-mai-cutler/" title="Posts by Kim-Mai Cutler" onclick="s_objectID='river_author';" rel="author">Kim-Mai Cutler</a></div>
- <div class="post-time">posted 4 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/facebooks-38-share-price-makes-instagram-deal-worth-nearly-1-2-billion/" title="Facebook’s $38 Share Price Makes Instagram Deal Worth Nearly $1.2 Billion" id="headline-555595" onclick="s_objectID='river_headline';">
- Facebook’s $38 Share Price Makes Instagram Deal Worth Nearly $1.2 Billion </a>
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- <a href="http://techcrunch.com/2012/05/17/facebooks-38-share-price-makes-instagram-deal-worth-nearly-1-2-billion/" onclick="s_objectID='river_image';"><img width="288" height="288" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/instagram-joke.png?w=288" class="main-image wp-post-image" alt="instagram-joke" title="instagram-joke" /></a>
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- <p>Facebook’s $38 share price would make its deal to buy Instagram worth nearly $1.2 billion, <a href="http://techcrunch.com/2012/04/09/facebook-to-acquire-instagram-for-1-billion/">up from the roughly $1 billion price the company announced in April</a>. </p>
- <p>That’s a nice little bump but the deal hasn’t gone through given regulatory reviews. On top of that, we don’t know the restrictions on the shares like when they vest or if they’re subject to lock-up period. When Facebook agreed to buy Instagram, it said it would pay with $300 million in cash and 22,999,412 shares of stock. That stock is now worth nearly $874 million, creating a $1.17 billion price tag.<br />
- <a href="http://techcrunch.com/2012/05/17/facebooks-38-share-price-makes-instagram-deal-worth-nearly-1-2-billion/" class="more-link">→ Read More</a></p>
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- <div id="post-555057" class="post-555057 post type-post status-publish format-standard hentry category-ecommerce category-education category-startups category-tc tag-edtech tag-education tag-teaching tag-teachers tag-udemy tag-lynda module-post embedded-image-post">
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- <div class="by-line"><a href="/author/rip-empson/" title="Posts by Rip Empson" onclick="s_objectID='river_author';" rel="author">Rip Empson</a></div>
- <div class="post-time">posted 4 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/teachers-makin-moola-on-the-web/" title="Gasp! Thanks To These Startups, Teachers Are Making Money On The Web" id="headline-555057" onclick="s_objectID='river_headline';">
- Gasp! Thanks To These Startups, Teachers Are Making Money On The Web </a>
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- <a href="http://techcrunch.com/2012/05/17/teachers-makin-moola-on-the-web/" onclick="s_objectID='river_image';"><img width="288" height="179" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/screen-shot-2012-05-17-at-6-50-33-am.png?w=288" class="main-image wp-post-image" alt="Screen shot 2012-05-17 at 6.50.33 AM" title="Screen shot 2012-05-17 at 6.50.33 AM" /></a>
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- <p>On the whole, teacher compensation in the U.S. is embarrassing. To pick on marketers, some might see the fact that the <a href="http://www.glassdoor.com/Salaries/marketing-manager-salary-SRCH_KO0,17.htm">average marketing manager</a> makes <a href="http://www.glassdoor.com/Salaries/marketing-manager-salary-SRCH_KO0,17.htm">twice the average salary</a> of just about every type of teacher as just a wee bit backwards.</p>
- <p>Luckily, there are a number of startups that are starting to change that, thanks to the Web and the growing popularity of open, online educational platforms. For example, <a href="http://www.udemy.com/">Udemy</a>, a web platform that allows anyone to host and take online classes, this morning <a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/17/prweb9517770.DTL">announced that</a> its top ten instructors earned a combined $1.6 million over the last 12 months. <a href="http://techcrunch.com/2012/05/17/teachers-makin-moola-on-the-web/" class="more-link">→ Read More</a></p>
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- <div id="post-555719" class="post-555719 post type-post status-publish format-standard hentry category-tc module-post embedded-image-post">
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- <div class="by-line"><a href="/author/frederic-lardinois/" title="Posts by Frederic Lardinois" onclick="s_objectID='river_author';" rel="author">Frederic Lardinois</a></div>
- <div class="post-time">posted 5 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/pulse-is-getting-ready-to-make-money-is-hiring-its-first-sales-executive/" title="Pulse Is Getting Ready To Make Money, Looks To Hire Its First Sales Executive" id="headline-555719" onclick="s_objectID='river_headline';">
- Pulse Is Getting Ready To Make Money, Looks To Hire Its First Sales Executive </a>
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- <a href="http://techcrunch.com/2012/05/17/pulse-is-getting-ready-to-make-money-is-hiring-its-first-sales-executive/" onclick="s_objectID='river_image';"><img width="288" height="176" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/pulse_everywhere.jpg?w=288" class="main-image wp-post-image" alt="pulse_everywhere" title="pulse_everywhere" /></a>
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- <p><a href="http://pulse.me">Pulse</a>, the popular free mobile news reader for iPhone, iPad and Android, could soon get ads. Until now, Pulse, which <a href="http://techcrunch.com/2010/05/31/pulse-ipad/">launched</a> its first app in May 2010, was ad free and the company focused more on user acquisition than monetizing its service. A new <a href="http://pulse.theresumator.com/apply/4uW9n6/Account-Executive-Ad-Sales.html">job posting on Pulse’s site</a>, however, clearly spells out the company’s plans to start making money in the near future. The company is currently looking for its first sales executive and says that it is “building innovative and disruptive ways of empowering brands to share their content and tell their story in a way that’s natural and native to Pulse.” <a href="http://techcrunch.com/2012/05/17/pulse-is-getting-ready-to-make-money-is-hiring-its-first-sales-executive/" class="more-link">→ Read More</a></p>
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- <div id="post-554829" class="post-554829 post type-post status-publish format-standard hentry category-tc module-post embedded-image-post">
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- <div class="by-line"><a href="/author/ryan-lawler/" title="Posts by Ryan Lawler" onclick="s_objectID='river_author';" rel="author">Ryan Lawler</a></div>
- <div class="post-time">posted 5 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/spinlister-100-a-week/" title="Hey Bike Owners: Spinlister Can Make You Up To $100 A Week" id="headline-554829" onclick="s_objectID='river_headline';">
- Hey Bike Owners: Spinlister Can Make You Up To $100 A Week </a>
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- <a href="http://techcrunch.com/2012/05/17/spinlister-100-a-week/" onclick="s_objectID='river_image';"><img width="288" height="180" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/spinlister.jpg?w=288" class="main-image wp-post-image" alt="spinlister" title="spinlister" /></a>
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- <p>It’s been about a month and a half since peer-to-peer bike rental service launched in San Francisco and New York. Since then, the New York-based startup has been busy trying to attract bike owners to list their bikes and improve its inventory, while also trying to improve the overall experience of using its site.</p>
- <p>Despite only being available in two cities and for six weeks, the startup has already attracted a fair amount of interest from listers and renters. It has an inventory of about 400 from bikes from individuals, and more than 2,000 from bike rental shops listed. And it’s seen rental interest from all over the world, with renters from six of the seven continents. (Antarctica is the only holdout.) <a href="http://techcrunch.com/2012/05/17/spinlister-100-a-week/" class="more-link">→ Read More</a></p>
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- <div class="by-line">Peter Vogel, Contributor</div>
- <div class="post-time">posted 7 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/facebook-credits-about-to-grow-up-fast/#comments">
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- <a href="http://techcrunch.com/2012/05/17/facebook-credits-about-to-grow-up-fast/" title="Facebook Credits About to Grow Up…. Fast" id="headline-555775" onclick="s_objectID='river_headline';">
- Facebook Credits About to Grow Up…. Fast </a>
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- <a href="http://techcrunch.com/2012/05/17/facebook-credits-about-to-grow-up-fast/" onclick="s_objectID='river_image';"><img width="288" height="202" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/screen-shot-2012-05-17-at-6-55-49-pm.png?w=288" class="main-image wp-post-image" alt="Screen Shot 2012-05-17 at 6.55.49 PM" title="Screen Shot 2012-05-17 at 6.55.49 PM" /></a>
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- <p>Although introduced in 2009, we’ve only seen glimpses of what Facebook Credits will become when it grows up, and Facebook is about to kick off the training wheels.</p>
- <p>So far, Facebook has done little to promote the virtual currency of Facebook Credits and it’s been used almost entirely in social gaming. But even with this limited exposure and promotion, Facebook Credits’ fees already represents $557 Million in revenue or 15 percent of Facebook’s entire 2011 revenue. Even more remarkable is that less than two percent of Facebook users bought virtual goods with Facebook Credits in 2011, yet it still represented 15 percent of Facebook’s revenue, primarily from just one vertical – social gaming. One vertical and two percent of members represented 15 percent of Facebook’s 2011 revenue! <a href="http://techcrunch.com/2012/05/17/facebook-credits-about-to-grow-up-fast/" class="more-link">→ Read More</a></p>
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- <div id="post-555195" class="post-555195 post type-post status-publish format-standard hentry category-tc tag-customer-service module-post embedded-image-post">
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- <div class="by-line"><a href="/author/john-biggs/" title="Posts by John Biggs" onclick="s_objectID='river_author';" rel="author">John Biggs</a></div>
- <div class="post-time">posted 8 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/fastcustomer-unleashes-telephone-service-call-concierge-service/#comments">
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- <div class="counter"><fb:comments-count href="http://techcrunch.com/2012/05/17/fastcustomer-unleashes-telephone-service-call-concierge-service/"></fb:comments-count></div>
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- <a href="http://techcrunch.com/2012/05/17/fastcustomer-unleashes-telephone-service-call-concierge-service/" title="FastCustomer Unleashes Telephone Call Concierge Service" id="headline-555195" onclick="s_objectID='river_headline';">
- FastCustomer Unleashes Telephone Call Concierge Service </a>
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- <a href="http://techcrunch.com/2012/05/17/fastcustomer-unleashes-telephone-service-call-concierge-service/" onclick="s_objectID='river_image';"><img width="192" height="288" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/mza_8804643978660640555.jpeg?w=192" class="main-image wp-post-image" alt="mza_8804643978660640555" title="mza_8804643978660640555" /></a>
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- <p>“People are sick of shitty customer service,” said <a HREF="http://www.fastcustomer.com/">FastCustomer</a> co-founder, Stephanie Hay. And she and her team aim to do something about it.</p>
- <p>Their first product, <a HREF="http://itunes.apple.com/us/app/fast-customer-productivity/id421471487?mt=8&ls=1">for the iPhone</a>, Android, and other platforms, allowed you to search for a customer service number – say Adam & Eve – and press a button. The program waits on hold for you and then calls you on your phone immediately upon connecting. The company saw 100,000 downloads and estimates that they saved people 1 million minutes of hold time.</p>
- <p>They’ve just launched a new telephone concierge service, 1855-DONT-HOLD (855-366-8465), that allows you to call in and perform the same operation. In short, this thing stays on hold for you. The whole process usually takes less than an hour.<br />
- <a href="http://techcrunch.com/2012/05/17/fastcustomer-unleashes-telephone-service-call-concierge-service/" class="more-link">→ Read More</a></p>
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- <div id="post-555549" class="post-555549 post type-post status-publish format-standard hentry category-tc tag-facebook tag-facebook-ipo module-post embedded-image-post">
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- <div class="by-line"><a href="/author/colleen-taylor/" title="Posts by Colleen Taylor" onclick="s_objectID='river_author';" rel="author">Colleen Taylor</a></div>
- <div class="post-time">posted 8 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/facebook-ipo-fever-just-embrace-it-at-this-point/#comments">
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- <h2 class="headline">
- <a href="http://techcrunch.com/2012/05/17/facebook-ipo-fever-just-embrace-it-at-this-point/" title="How High Will Facebook Stock Go Tomorrow? Place Your Bet At FacebookIPODayClosingPrice.com" id="headline-555549" onclick="s_objectID='river_headline';">
- How High Will Facebook Stock Go Tomorrow? Place Your Bet At FacebookIPODayClosingPrice.com </a>
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- <a href="http://techcrunch.com/2012/05/17/facebook-ipo-fever-just-embrace-it-at-this-point/" onclick="s_objectID='river_image';"><img width="288" height="124" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/screen-shot-2012-05-17-at-5-30-22-pm.png?w=288" class="main-image wp-post-image" alt="Screen Shot 2012-05-17 at 5.30.22 PM" title="Screen Shot 2012-05-17 at 5.30.22 PM" /></a>
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- <p>Angel investor and all-around web magnate <a href="http://www.crunchbase.com/person/chris-sacca">Chris Sacca</a> wrote a quick <a href="https://twitter.com/#!/sacca/status/202630224339406848">tweet</a> early yesterday about how it’d be cool if there was a website where people could predict where Facebook’s stock will end up at the end of its first day as a publicly traded company. </p>
- <p>Well, ask and ye shall receive.</p>
- <p>A programmer named <a href="https://twitter.com/#!/jamesproud">James Proud</a> <a href="https://twitter.com/#!/jamesproud/status/202631377357783042">answered the call</a>, hacking together <a href="http://www.facebookipodayclosingprice.com/">FacebookIPODayClosingPrice.com</a>, a fun little website that keeps a running tally of people’s bets on where Facebook’s stock will close on IPO day. <a href="http://techcrunch.com/2012/05/17/facebook-ipo-fever-just-embrace-it-at-this-point/" class="more-link">→ Read More</a></p>
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- <div id="post-555498" class="post-555498 post type-post status-publish format-standard hentry category-social category-startups category-tc tag-twitter tag-mozilla tag-recommendations tag-tailored-suggestions tag-who-to-follow module-post embedded-image-post">
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- <div class="by-line"><a href="/author/rip-empson/" title="Posts by Rip Empson" onclick="s_objectID='river_author';" rel="author">Rip Empson</a></div>
- <div class="post-time">posted 8 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/twitter-wants-an-interest-graph/#comments">
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- <h2 class="headline">
- <a href="http://techcrunch.com/2012/05/17/twitter-wants-an-interest-graph/" title="Twitter Wants An Interest Graph: Now Tracking Your Browsing To Make Follow Suggestions" id="headline-555498" onclick="s_objectID='river_headline';">
- Twitter Wants An Interest Graph: Now Tracking Your Browsing To Make Follow Suggestions </a>
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- <a href="http://techcrunch.com/2012/05/17/twitter-wants-an-interest-graph/" onclick="s_objectID='river_image';"><img width="288" height="164" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/screen-shot-2012-05-17-at-1-28-01-pm.png?w=288" class="main-image wp-post-image" alt="Screen shot 2012-05-17 at 1.28.01 PM" title="Screen shot 2012-05-17 at 1.28.01 PM" /></a>
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- <p>Twitter does a lot of things right, but it still hasn’t solved the problem of turning its noise into signal. After joining Twitter, it can take a lot of following and unfollowing scores of accounts before you’ve curated a stream that makes sense for you. With its platform growing fast, Twitter is looking to make the onboarding process a little easier (and more personalized) for new users, which is why it <a href="http://blog.twitter.com/2012/05/new-tailored-suggestions-for-you-to.html">announced today via its blog that it will</a> begin serving users tailored suggestions of who they should follow. <a href="http://techcrunch.com/2012/05/17/twitter-wants-an-interest-graph/" class="more-link">→ Read More</a></p>
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- <div id="post-555521" class="post-555521 post type-post status-publish format-standard hentry category-mobile category-tc tag-verizon module-post embedded-image-post">
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- <div class="by-line"><a href="/author/chris-velazco/" title="Posts by Chris Velazco" onclick="s_objectID='river_author';" rel="author">Chris Velazco</a></div>
- <div class="post-time">posted 9 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/verizon-if-you-want-to-keep-your-unlimited-data-pay-full-price-for-your-next-smartphone/#comments">
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- <a href="http://techcrunch.com/2012/05/17/verizon-if-you-want-to-keep-your-unlimited-data-pay-full-price-for-your-next-smartphone/" title="Verizon: If You Want To Keep Your Unlimited Data, Pay Full Price For Your Next Smartphone" id="headline-555521" onclick="s_objectID='river_headline';">
- Verizon: If You Want To Keep Your Unlimited Data, Pay Full Price For Your Next Smartphone </a>
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- <a href="http://techcrunch.com/2012/05/17/verizon-if-you-want-to-keep-your-unlimited-data-pay-full-price-for-your-next-smartphone/" onclick="s_objectID='river_image';"><img width="288" height="170" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2011/12/verizon-4g-lte-spectrum.png?w=288" class="main-image wp-post-image" alt="Verizon-4G-LTE-Spectrum" title="Verizon-4G-LTE-Spectrum" /></a>
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- <p>Verizon CFO Fran Shammo ruffled a few feathers yesterday when he mentioned at an investor conference that every one of their customers would be on one of the carrier’s new <a href="http://techcrunch.com/2012/05/16/verizon-to-axe-unlimited-data-once-their-new-data-share-plans-go-live/">data share plans</a>. </p>
- <p>In an effort to clarify his meaning, Verizon sent a statement to a handful of <a href="http://bits.blogs.nytimes.com/2012/05/17/verizon-clarifies-shared-data-plans/">news outlets</a> today that shines a bit more light on how they plan to make this situation work. <a href="http://techcrunch.com/2012/05/17/verizon-if-you-want-to-keep-your-unlimited-data-pay-full-price-for-your-next-smartphone/" class="more-link">→ Read More</a></p>
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- <div id="post-555474" class="post-555474 post type-post status-publish format-standard hentry category-tc tag-salesforce module-post embedded-image-post">
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- <div class="by-line"><a href="/author/ingrid-lunden/" title="Posts by Ingrid Lunden" onclick="s_objectID='river_author';" rel="author">Ingrid Lunden</a></div>
- <div class="post-time">posted 9 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/salesforce-com-q1-loss-of-19-5m-on-sales-of-695m-says-will-have-a-3b-year-in-fy2013/#comments">
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- <a href="http://techcrunch.com/2012/05/17/salesforce-com-q1-loss-of-19-5m-on-sales-of-695m-says-will-have-a-3b-year-in-fy2013/" title="Salesforce.com: Q1 Net Loss Of $19.5M On Sales Of $695M. Benioff Says It’ll Have Its First $3B Year FY2013" id="headline-555474" onclick="s_objectID='river_headline';">
- Salesforce.com: Q1 Net Loss Of $19.5M On Sales Of $695M. Benioff Says It’ll Have Its First $3B Year FY2013 </a>
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- <a href="http://techcrunch.com/2012/05/17/salesforce-com-q1-loss-of-19-5m-on-sales-of-695m-says-will-have-a-3b-year-in-fy2013/" onclick="s_objectID='river_image';"><img width="250" height="195" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/02/salesforce.png?w=250" class="main-image wp-post-image" alt="salesforce" title="salesforce" /></a>
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- <p>The ongoing interest and use of cloud-based services has brought a generally good set of results to one of the leaders in the enterprise software-as-a-service business. <a href="http://www.prnewswire.com/news-releases/salesforcecom-announces-fiscal-2013-first-quarter-results-151934515.html">Salesforce.com released</a> Q1 earnings just now and in a quarter that is traditionally slower for the company, it swung to a net loss of $19.5 million, compared to a net profit of $530 million a year ago. Nevertheless, total revenues for the quarter were $695 million and earnings per share of $0.37 — beating estimates from analysts as polled by First Call, who expected adjusted EPS of $0.34 and $678.21 million for revenue. The figures were also better than Saleforce’s own guidance of $0.33-$0.34 for the EPS and revenue of $673 million – $678 million.</p>
- <p>The sales were an increase of 38 percent on revenues for the same period a year ago, and Marc Benioff, chairman and CEO, salesforce.com, says that the company is on track for its first $3 billion year; last year the company broke new ground with $2 billion in sales.<br />
- <a href="http://techcrunch.com/2012/05/17/salesforce-com-q1-loss-of-19-5m-on-sales-of-695m-says-will-have-a-3b-year-in-fy2013/" class="more-link">→ Read More</a></p>
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- <div id="post-555315" class="post-555315 post type-post status-publish format-standard hentry category-tc module-post embedded-image-post">
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- <div class="by-line"><a href="/author/frederic-lardinois/" title="Posts by Frederic Lardinois" onclick="s_objectID='river_author';" rel="author">Frederic Lardinois</a></div>
- <div class="post-time">posted 9 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/vizibility-launches-its-nfc-enabled-business-cards/#comments">
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- <div class="counter"><fb:comments-count href="http://techcrunch.com/2012/05/17/vizibility-launches-its-nfc-enabled-business-cards/"></fb:comments-count></div>
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- <a href="http://techcrunch.com/2012/05/17/vizibility-launches-its-nfc-enabled-business-cards/" title="Vizibility Launches Its NFC-Enabled Business Cards" id="headline-555315" onclick="s_objectID='river_headline';">
- Vizibility Launches Its NFC-Enabled Business Cards </a>
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- <a href="http://techcrunch.com/2012/05/17/vizibility-launches-its-nfc-enabled-business-cards/" onclick="s_objectID='river_image';"><img width="288" height="167" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/vizibility_card.jpg?w=288" class="main-image wp-post-image" alt="vizibility_card" title="vizibility_card" /></a>
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- <p>Love’em or hate’em, despite the best efforts of <a href="http://bu.mp/">Bump</a> and others, traditional business cards aren’t going away anytime soon. At least, though, some companies are trying to bridge the gap between paper cards and efforts like Bump. New York-based <a href="http://vizibility.com">Vizibility</a> first announced its NFC-enabled businesses cards during SXSW earlier this year. Now, the online identity management platform for professionals, is ready to take this project out of beta and is making it widely available as a standard feature for its paying subscribers or for a one-time fee of $15 for users with free accounts. <a href="http://techcrunch.com/2012/05/17/vizibility-launches-its-nfc-enabled-business-cards/" class="more-link">→ Read More</a></p>
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- <div id="post-555484" class="post-555484 post type-post status-publish format-standard sticky hentry category-social category-tc tag-facebook-ipo tag-facebook module-post embedded-image-post">
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- <div class="by-line">Josh Constine and Kim-Mai Cutler</div>
- <div class="post-time">posted 9 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/facebook-confirms-ipo-share-price/#comments">
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- <a href="http://techcrunch.com/2012/05/17/facebook-confirms-ipo-share-price/" title="Facebook Will Have The Biggest Tech IPO Ever, Raising $16 Billion With $38 Share Price" id="headline-555484" onclick="s_objectID='river_headline';">
- Facebook Will Have The Biggest Tech IPO Ever, Raising $16 Billion With $38 Share Price </a>
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- <a href="http://techcrunch.com/2012/05/17/facebook-confirms-ipo-share-price/" onclick="s_objectID='river_image';"><img width="288" height="185" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/facebook-share-price.png?w=288" class="main-image wp-post-image" alt="Facebook Share PRice" title="Facebook Share PRice" /></a>
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- <p>Facebook shares will start trading at $38 tomorrow, the company <a href="http://newsroom.fb.com/News/Facebook-Announces-Pricing-of-Initial-Public-Offering-16b.aspx">confirmed in a release</a>, giving it a valuation of $104.12 billion. Facebook and its early shareholders will raise just over $16 billion in tomorrow’s much anticipated IPO.</p>
- <p>At a $104 billion valuation, Facebook is worth more than any other tech IPO candidate at the time of its offering. It also perfectly matches what Facebook shares have been trading at in secondary markets over the last several months. Google was worth $23 billion at the time of its very unusual Dutch auction IPO back in 2004. As of tomorrow Facebook will be worth about half of what Google is worth now. <a href="http://techcrunch.com/2012/05/17/facebook-confirms-ipo-share-price/" class="more-link">→ Read More</a></p>
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- <div id="post-555401" class="post-555401 post type-post status-publish format-standard hentry category-social category-startups category-tc tag-stamped tag-fancy-hands module-post video-post">
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- <div class="by-line"><a href="/author/jordan-crook/" title="Posts by Jordan Crook" onclick="s_objectID='river_author';" rel="author">Jordan Crook</a></div>
- <div class="post-time">posted 10 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/we-talk-to-two-exciting-new-nyc-startups-fancy-hands-and-stamped-tctv/" title="We Talk To Two Exciting New NYC Startups: Fancy Hands And Stamped [TCTV]" id="headline-555401" onclick="s_objectID='river_headline';">
- We Talk To Two Exciting New NYC Startups: Fancy Hands And Stamped [TCTV] </a>
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- <div style="display: block; text-align: left; float: left;"> <script type="text/javascript" src="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=577&width=640&height=450&colorPallet=%230A9600&hasCompanion=false&relatedMode=2&videoControlDisplayColor=%23000000&playList=517369261&shuffle=0&videoGroupID=133503&autoStart=false&playerActions=16407"></script></div> </div>
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- <p>Last night, Time Inc. threw a pretty badass party in Manhattan to celebrate <a href="http://www.timeinc.com/pressroom/10nycstartups.php">“Ten NYC Startups To Watch.”</a> Among the ten were <a href="http://www.fancyhands.com/">Fancy Hands</a>, a site that offers up a personal assistant for every and any need you might have, and <a href="http://itunes.apple.com/us/app/stamped/id467924760?mt=8">Stamped</a>, a social network that lets you put your stamp of approval on the things you like.</p>
- <p>We pulled aside founders of both companies to find out a little more about them, their business models, and why they think they deserve a spot on Time Inc.’s list. <a href="http://techcrunch.com/2012/05/17/we-talk-to-two-exciting-new-nyc-startups-fancy-hands-and-stamped-tctv/" class="more-link">→ Read More</a></p>
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- <div id="post-555384" class="post-555384 post type-post status-publish format-standard hentry category-enterprise category-startups category-tc category-venture tag-freshdesk tag-startup tag-startup-fund tag-help-desk tag-cloud tag-zendesk module-post embedded-image-post">
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- <div class="post-time">posted 10 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/freshdesk-future-fund/" title="Freshdesk Launches $10M “Future Fund” To Bring Free Help Desk Support To 500+ Startups" id="headline-555384" onclick="s_objectID='river_headline';">
- Freshdesk Launches $10M “Future Fund” To Bring Free Help Desk Support To 500+ Startups </a>
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- <a href="http://techcrunch.com/2012/05/17/freshdesk-future-fund/" onclick="s_objectID='river_image';"><img width="288" height="128" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/screen-shot-2012-05-17-at-11-10-18-am.png?w=288" class="main-image wp-post-image" alt="Screen shot 2012-05-17 at 11.10.18 AM" title="Screen shot 2012-05-17 at 11.10.18 AM" /></a>
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- <p><a href="http://www.freshdesk.com/">Freshdesk</a>, the makers of cloud-based help desk software that allows companies to support their customers through email, phone, website, Facebook and Twitter, are on a mission to compete with the big boys of the space, like <a href="http://www.zendesk.com/">Zendesk</a> and Salesforce’s <a href="http://www.desk.com/">Desk.com</a>. Though it believes that the biggest market opportunity down the road will be in offering a unique brand of cloud-based customer support to the enterprise, Freshdesk wants to entice (and give back to) the little guys as well. </p>
- <p>That’s why the startup is today announcing the first phase of its <a href="http://freshdesk.com/startup/">“Future Fund,”</a> which will provide customer support services to 501 startups and early-stage businesses through $10 million-worth of services which includes free support for one year. Any startup with less than $1 million in annual revenue qualifies, but to get thing started, Freshdesk has teamed up with incubators and angel funds, like YouWeb, Tandem Entrepreneurs, Internet India Fund, 500 Startups, and Proudly Made. <a href="http://techcrunch.com/2012/05/17/freshdesk-future-fund/" class="more-link">→ Read More</a></p>
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- <div class="post-time">posted 10 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/how-facebook-could-make-more-money/" title="The Google AdSense Killer And 3 Other Ways Facebook Could Make A Lot More Money" id="headline-550937" onclick="s_objectID='river_headline';">
- The Google AdSense Killer And 3 Other Ways Facebook Could Make A Lot More Money </a>
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- <a href="http://techcrunch.com/2012/05/17/how-facebook-could-make-more-money/" onclick="s_objectID='river_image';"><img width="288" height="180" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/facebook-money-360.jpeg?w=288" class="main-image wp-post-image" alt="facebook-money-360" title="facebook-money-360" /></a>
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- <p>Tiny sidebar and news feed ads aren’t going to cut it. If Facebook wants to live up to a <a href="http://techcrunch.com/2012/05/17/facebook-confirms-ipo-share-price/">$104 billion valuation</a> it will need bold new revenue streams. An offsite ad network, big glossy news feed ads, and payments for physical goods are a few ways it could boost its average revenue per user far beyond the <a href="http://techcrunch.com/2012/05/03/stats-facebook-made-9-51-in-ad-revenue-per-user-last-year-in-the-u-s-and-canada/">puny $4.34 a year</a> it earns today.</p>
- <p>Facebook has a tough decision to make now that’s <a href="http://www.techmeme.com/120517/p43#a120517p43">going public</a>. It will have to strike a new balance between the good of its users, advertisers, app developers, and investors. If it refuses to explore new business models, its share price could sink. But if it strays too far in favor of making money, Facebook could lose its addictiveness and the faith of its users. Here’s the four aces Mark Zuckerberg could have up his sleeve. <a href="http://techcrunch.com/2012/05/17/how-facebook-could-make-more-money/" class="more-link">→ Read More</a></p>
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- <div class="by-line"><a href="/author/matt-burns/" title="Posts by Matt Burns" onclick="s_objectID='river_author';" rel="author">Matt Burns</a></div>
- <div class="post-time">posted 11 hours ago</div>
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- <a href="http://techcrunch.com/2012/05/17/hps-stock-price-is-climbing-amid-massive-layoff-rumors/" title="HP’s Stock Price Is Climbing Amid Massive Layoff Rumors" id="headline-555405" onclick="s_objectID='river_headline';">
- HP’s Stock Price Is Climbing Amid Massive Layoff Rumors </a>
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- <a href="http://techcrunch.com/2012/05/17/hps-stock-price-is-climbing-amid-massive-layoff-rumors/" onclick="s_objectID='river_image';"><img width="200" height="260" src="http://o.aolcdn.com/js/x.gif" data-src="http://tctechcrunch2011.files.wordpress.com/2012/05/meg-whitman-hp-200x260.jpg?w=200" class="main-image wp-post-image" alt="meg-whitman-hp-200x260" title="meg-whitman-hp-200x260" /></a>
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- <p>HP is reportedly going to be announcing massive layoffs next Wednesday. Conflicting reports state somewhere between <a href="http://www.bloomberg.com/news/2012-05-17/hewlett-packard-said-to-consider-cutting-as-many-as-25-000-jobs.html">25K</a> and <a href="http://allthingsd.com/20120517/hps-whitman-to-announce-restructuring-plan-wednesday-30000-jobs-targeted/">30K</a> jobs, between 7% and 8% of HP’s global workforce, could be eliminated in an effort to absorb losses from decreasing demand for the company’s products and services. The cuts could happen over the next year, rather than a mass layoff, according to AllThingsD who also state that the total number is still undecided. </p>
- <p>Wall Street is reacting positively to the news. HP’s stock price dropped shortly after the news but quickly recovered and started climbing with word of the restructuring. During the writing of this post, the stock price dropped slightly but is still up for the day. <a href="http://techcrunch.com/2012/05/17/hps-stock-price-is-climbing-amid-massive-layoff-rumors/" class="more-link">→ Read More</a></p>
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- — Received $1.1M in Series A funding from <a href="http://www.crunchbase.com/financial-organization/launchpad-venture-group" title="LaunchPad Venture Group">LaunchPad Venture Group</a>, <a href="http://www.crunchbase.com/financial-organization/central-texas-angel-network" title="Central Texas Angel Network">Central Texas Angel Network</a>, <a href="http://www.crunchbase.com/financial-organization/boynton-angels" title="Boynton Angels">Boynton Angels</a>, <a href="http://www.crunchbase.com/financial-organization/maine-angels" title="Maine Angels">Maine Angels</a>, <a href="http://www.crunchbase.com/financial-organization/angel-investor-forum-ct" title="Angel Investor Forum">Angel Investor Forum</a>, and <a href="http://www.crunchbase.com/financial-organization/northeast-angels" title="Northeast Angels">Northeast Angels</a> </div>
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- <strong><a href="http://www.crunchbase.com/company/compliance11" target="_blank">Compliance11</a></strong>
- — Acquired by <a href="http://www.crunchbase.com/company/compliance11-inc" title="Compliance11, Inc.">Compliance11, Inc.</a>. </div>
- <div class="meta">11.15.2012</div>
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- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/compliance11" target="_blank">Compliance11</a></strong>
- — Acquired by <a href="http://www.crunchbase.com/company/compliance11-inc" title="Compliance11, Inc.">Compliance11, Inc.</a>. </div>
- <div class="meta">11.15.2012</div>
- </div>
- <div class="item category-2 odd">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/sharefeed" target="_blank">ShareFeed</a></strong>
- — Acquired by <a href="http://www.crunchbase.com/company/buffer" title="Buffer">Buffer</a>. </div>
- <div class="meta">5.17.2012</div>
- </div>
- <div class="item category-2 even">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/certiport" target="_blank">Certiport</a></strong>
- — Acquired by <a href="http://www.crunchbase.com/company/pearson" title="Pearson">Pearson</a> for $140M. </div>
- <div class="meta">5.16.2012</div>
- </div>
- <div class="item category-2 odd">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/sundrop-mobile" target="_blank">Sundrop Mobile</a></strong>
- — Acquired by <a href="http://www.crunchbase.com/company/mercury-payment-systems" title="Mercury Payment Systems">Mercury Payment Systems</a>. </div>
- <div class="meta">5.16.2012</div>
- </div>
- <div class="item category-2 even">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/decision-resources-group" target="_blank">Decision Resources Group</a></strong>
- — Acquired by <a href="http://www.crunchbase.com/company/piramal-healthcare" title="Piramal Healthcare">Piramal Healthcare</a>. </div>
- <div class="meta">5.16.2012</div>
- </div>
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- <div class="item-container category-3"> <div class="item category-3 even">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/jamhub" target="_blank">JamHub</a></strong>
- — Received $1.1M in Series A funding from <a href="http://www.crunchbase.com/financial-organization/launchpad-venture-group" title="LaunchPad Venture Group">LaunchPad Venture Group</a>, <a href="http://www.crunchbase.com/financial-organization/central-texas-angel-network" title="Central Texas Angel Network">Central Texas Angel Network</a>, <a href="http://www.crunchbase.com/financial-organization/boynton-angels" title="Boynton Angels">Boynton Angels</a>, <a href="http://www.crunchbase.com/financial-organization/maine-angels" title="Maine Angels">Maine Angels</a>, <a href="http://www.crunchbase.com/financial-organization/angel-investor-forum-ct" title="Angel Investor Forum">Angel Investor Forum</a>, and <a href="http://www.crunchbase.com/financial-organization/northeast-angels" title="Northeast Angels">Northeast Angels</a> </div>
- <div class="meta">5.17.2012</div>
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- <strong><a href="http://www.crunchbase.com/company/tiger-pistol" target="_blank">Tiger Pistol</a></strong>
- — Received $1M in Angel funding from <a href="http://www.crunchbase.com/person/david-solomon" title="David Solomon">David Solomon</a> </div>
- <div class="meta">5.17.2012</div>
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- <div class="item category-3 even">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/single-digits" target="_blank">Single Digits</a></strong>
- — Received $10M in Unattributed funding </div>
- <div class="meta">5.17.2012</div>
- </div>
- <div class="item category-3 odd">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/crowdtilt" target="_blank">Crowdtilt</a></strong>
- — Received $2.1M in Unattributed funding from <a href="http://www.crunchbase.com/financial-organization/sv-angel" title="SV Angel">SV Angel</a> and <a href="http://www.crunchbase.com/financial-organization/crunchfund" title="CrunchFund">CrunchFund</a> </div>
- <div class="meta">5.17.2012</div>
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- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/serious-parody" target="_blank">Serious Parody</a></strong>
- — Received £1M in Unattributed funding </div>
- <div class="meta">5.17.2012</div>
- </div>
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- <div class="item-container category-4"> <div class="item category-4 even">
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- <strong><a href="http://www.crunchbase.com/financial-organization/boynton-angels" target="_blank">Boynton Angels</a></strong>
- — Invested in <a href="http://www.crunchbase.com/company/jamhub" title="JamHub">JamHub</a>. </div>
- <div class="meta">5.17.2012</div>
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- <div class="item category-4 odd">
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- <strong><a href="http://www.crunchbase.com/financial-organization/angel-investor-forum-ct" target="_blank">Angel Investor Forum</a></strong>
- — Invested in <a href="http://www.crunchbase.com/company/jamhub" title="JamHub">JamHub</a>. </div>
- <div class="meta">5.17.2012</div>
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- <strong><a href="http://www.crunchbase.com/financial-organization/central-texas-angel-network" target="_blank">Central Texas Angel Network</a></strong>
- — Invested in <a href="http://www.crunchbase.com/company/jamhub" title="JamHub">JamHub</a>. </div>
- <div class="meta">5.17.2012</div>
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- <strong><a href="http://www.crunchbase.com/financial-organization/maine-angels" target="_blank">Maine Angels</a></strong>
- — Invested in <a href="http://www.crunchbase.com/company/jamhub" title="JamHub">JamHub</a>. </div>
- <div class="meta">5.17.2012</div>
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- <strong><a href="http://www.crunchbase.com/financial-organization/northeast-angels" target="_blank">Northeast Angels</a></strong>
- — Invested in <a href="http://www.crunchbase.com/company/jamhub" title="JamHub">JamHub</a>. </div>
- <div class="meta">5.17.2012</div>
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- <strong><a href="http://www.crunchbase.com/company/sharefeed" target="_blank">ShareFeed</a></strong>
- — Company added to CrunchBase </div>
- <div class="meta">5.18.2012</div>
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- <strong><a href="http://www.crunchbase.com/company/postdeck" target="_blank">Postdeck</a></strong>
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- <div class="meta">5.18.2012</div>
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- <strong><a href="http://www.crunchbase.com/company/jamhub" target="_blank">JamHub</a></strong>
- — Company added to CrunchBase </div>
- <div class="meta">5.18.2012</div>
- </div>
- <div class="item category-6 odd">
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- <strong><a href="http://www.crunchbase.com/company/single-digits" target="_blank">Single Digits</a></strong>
- — Company added to CrunchBase </div>
- <div class="meta">5.18.2012</div>
- </div>
- <div class="item category-6 even">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/company/the-roaster-coaster" target="_blank">The Roaster Coaster</a></strong>
- — Company added to CrunchBase </div>
- <div class="meta">5.18.2012</div>
- </div>
- <div class="item category-6 odd">
- <div class="desc">
- <strong><a href="http://www.crunchbase.com/product/bndwgn" target="_blank">BNDWGN</a></strong>
- — Product added to CrunchBase </div>
- <div class="meta">5.18.2012</div>
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