On the heels of Yahoo acquiring Zimbra and the $10 million fbFund for Facebook developers, the Mozilla Foundation launching a new company, with $3 million in seed funding, aimed at developing communications software and an ecosystem based on the Thunderbird email product, code and brand.David Ascher, currently CTO and VP Engineering of ActiveState, is joining Mozilla to head up the new company.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.
In a chat with Mike Arrington at the TechCrunch 40 event in San Francisco, Facebook founder and CEO Mark Zuckerberg said that his company wants to make it as easy as possible for developers to get started in building users bases and great user experiences.He announced that Facebook is going to create the FB Fund, a $10 million fund fueled by Facebook investors Peter Thiel from Founders Funds and Jim Breyer of Accel Partners.
At TechCrunch 40, Cake Financial unveiled an alpha release of its social network-based financial planning service that has a good chance of survival in a crowded space. It mashes up stock portfolio data and social networking to leverage the wisdom of the crowd--a market of 40 million online investors--for investing.
Among the TechCrunch 40 presentations today, Cubic Telecom was among the most interesting. The company unveiled a “global” phone that eliminates expensive, international roaming charges.
That Creative Suite 3 product cycle is treating Adobe pretty well these days. Adobe on Monday reported net income of $205.
Yahoo's acquisition of Zimbra for $350 million could pit the company against Google's office productivity plans.After market close on Monday, Yahoo confirmed plans to buy Zimbra.
Yahoo has been on an acquisition binge late, but mostly to expand its advertising business. Now Yahoo is buying its way deeper into the applications business with the acquisition of Zimbra for a reported $350 million, mostly in cash.
Marc Benioff took the stage at Moscone Center before an estimated 7,000 salesforce.com adherents from 42 countries to tout a "new force for innovation.
Sprint on Monday launched a device called the Airave in Denver and Indianapolis that will boost the wireless company's coverage in homes. Samsung makes that Airave, a "femtocell," or a compact base station that hooks up to your broadband connection.
On today's podcast:The EU hits Microsoft; Who's next?SCO goes kaput; files for bankruptcy.