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What Will Facebook's Perfect Storm Of An IPO Leave Behind?

The Facebook IPO was supposed to be Silicon Valley’s shining moment.It’s the book-end for the decade of recovery that followed the first wave of consumer Internet companies. It was the debutante ball for the next great Silicon Valley company, the one with the most potential to last a ...

Gartner: Over $172B In Mobile Payments In 2012; SMS, Web Most Popular Routes

No, NFC still hasn’t come to the iPhone — or many other devices, for that matter. But this does not appear to be stopping the momentum in the world of mobile payments. Research out today from Gartner says that this year will see more than $171.5 billion in mobile payment transactions ...

YC Alum/Construction Disruptor PlanGrid Nails $1.1M Seed Funding From Box, 500 Startups, And More

One more Y Combinator startup from the March 2012 class has bagged a seed round of funding. PlanGrid, which has created a groundbreaking app for the construction industry, has raised $1.1 million from a notable list of backers. They includeSuleman Ali, founder and CEO of TinyCo; Sam Altman, found...

Fast Track To A Facebook Phone - Buy INQ Mobile?

As the heat around the “Facebook Phone” story gets higher, our thoughts turn to the days a couple of years ago when it emerged Facebook had been thinking about developing an actual phone. Back then, it transpired that Facebook was working with INQ Mobile on a smartphone. The phone dul...

Apple Rejects Apps Integrating Micro-Payments Service Flattr, Company Claims "It's Not the End"

It may not be the end, but the prognosis doesn’t look good. Social micro-payments platformFlattris taking an unkind hit in terms of its future growth opportunities on mobile, the company details on its blog this morning. After being integrated into popular third-party podcast manager Instac...

How Face(.com) Recognition Could Fit Into Facebook Mobile

Face.com’s CEO has shrugged offrumorsthat it is being acquired by Facebook for up to $100 million when we asked. But the addition of its facial recognition tech to Facebook’s mobile apps could make sure friend tagging continues as the social network’s user base shifts away from ...

How The Future of Mobile Lies in the Developing World

Editor's note: This guest post is written by Erica Kochi, the co-lead of Tech Innovation at UNICEF. Her team started UNICEF's open source RapidSMS platform which has been adopted in developing countries worldwide. She co-teaches a class "Design for Unicef" in NYU's ITP Program, and has ...

Google Nabs Key Members Of HP's Enyo Team, But Open WebOS Is Still "On Schedule"

It looks like the webOS contingent at HP isn’t done losing people. HP laid off 275 webOS employees back in February shortly after they announced their plans for the Open webOS project, and now their Enyo team is being picked apart.The Verge reported late last night that key members of the E...

Exec, The YC-Backed Mobile App For Instantly Doing Your Errands, Raises $3.3M

Exec, a mobile app that instantly gets people to do your errands, has raised $3.3 million, according to an SEC filing. The company’s co-founder Justin Kan, who is also behind Justin.tv, Twitch.tv and SocialCam, says he’s not ready to disclose investors yet, except to say that there ar...

MoPub Launches A "Buy It Now" Private Marketplace For Mobile Advertisers

MoPub, an ad serving startup for smartphone apps, is announcing a new way for its publishers to offer their inventory to advertisers - a private marketplace limited to select publishers and advertisers.Basically, the market creates a more direct relationship, where publishers get more control and...