BaronsMedia.com Acquires Music Site Hypster.com
January 31, 2012
L.A.-based BaronsMedia.com , an online advertising network, has acquired Hypster.com , a six-year-old music site. Terms of the acquisition were not disclosed. PRESS RELEASE: BaronsMedia.com announced on Monday January 30th its acquisition of Hypster.com, a site that enables users to listen to music and offers a generous amount of free tracks and albums for its users.
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BaronsMedia.com Acquires Music Site Hypster.com
TA Associates Completes Sale of TaxACT to InfoSpace
January 31, 2012
InfoSpace said Tuesday that it has closed its buy of TaxACT . The deal was valued at $287.5 million. TA Associates owned a majority stake. Cedar Rapids, Iowa-based TaxACT provides online tax solutions
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TA Associates Completes Sale of TaxACT to InfoSpace
CardSpring Raises $10M Series A from Accel and Greylock
January 31, 2012
CardSpring , a Palo Alto-based payments infrastructure startup, has raised $10 million in Series A financing led by Accel Partners and Greylock Partners , with SV Angel , Morado Ventures , Felicis Ventures , and WIN also participating. PRESS RELEASE: Payments infrastructure startup CardSpring announced today the raise of a $10M Series A investment led by Accel Partners and Greylock Partners, with SV Angel, Morado Ventures, Felicis Ventures, and WIN also participating. CardSpring is a new Application Programming Interface (API) for the payment network that lets developers add new capabilities to credit and debit cards by programming the payment network to link online applications to specific payment events. The API brings the disruption of the web to the payment network, enabling developers to turn existing offline payment-linked services like paper coupons, loyalty cards, or receipts into software. Because CardSpring runs in the payment network cloud, developers can add applications to any of the billions of existing credit or debit cards without changes to the purchase experience or store infrastructure, enabling any website or retailer to create innovative new online/offline commerce applications at a fraction of the cost and complexity of existing approaches
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CardSpring Raises $10M Series A from Accel and Greylock
Allen Foundation awards Oregon grants
January 31, 2012
The Paul G. Allen Family Foundation has awarded $510,000 to six Oregon nonprofit organizations, out of $6.547 million in grants awarded in several states./Volumes/News/ 02 Ready to Edit/12-30, EXTRA RE ROUNDUP.icml • The Northwest Film Center, run by the Portland Art Museum, received $45,000 to promote both the Northwest Film and Video Festival and the Portland International Film Festival. • Tigard-based Oregon Native American Business and Entrepreneurial Network was awarded $165,000 to develop a microenterprise curriculum for Native American entrepreneurs…
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Allen Foundation awards Oregon grants
Digimarc, Verance settle legal dispute
January 31, 2012
Digimarc Corp. on Tuesday said it has resolved its ongoing dispute with rival digital watermarking firm Verance Corp. Beaverton-based Digimarc (NASDAQ: DMRC) disclosed in October 2010 that San Diego-based audio watermarking firm Verance had gone to federal court in an attempt to invalidate 22 Digimarc patents. Digimarc, meanwhile, filed a breach of contract claim against Verance for failing to make payments under an August 2002 licensing agreement.
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Digimarc, Verance settle legal dispute
Slideshow: Best place to find job in US? San Jose is No. 1
January 31, 2012
The San Francisco Bay Area has arguably weathered the recession better than much of the nation and now a new report claims that San Jose is the easiest place in the country to find a job. San Jose had 130 job postings per 1,000 population between October and December 2011, according to online job aggregator Indeed.com, and as reported by Forbes. Washington came in at No. 2, with 89 job postings per 1,000 population. San Francisco, came in at No.
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Slideshow: Best place to find job in US? San Jose is No. 1
Regional stocks: Another slow day on Wall Street
January 31, 2012
Despite a continued string of earnings reports and news of a possible Facebook IPO, it was a relatively quiet day on Wall Street. The Dow Jones Industrial Average closed down 20.81 points to 12,632, the NASDAQ gained 1.90 points to close at 2,813, and the S&P 500 was essentially unchanged to close at 1,312. The Davidson 99, which measures stocks in seven western states, including 19 in Oregon, was also essentially unchanged to close at 171.55. There was not a lot of movement among regional stocks…
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Regional stocks: Another slow day on Wall Street
A quarter of Oregonians deemed ‘asset poor’
January 31, 2012
A new report indicates that more than a quarter of Oregonians are ill-equipped to weather a financial crisis. The 2012 Assets & Opportunities Scorecard from the national nonprofit Corporation for Enterprise Development found that 28.2 percent of Oregon households are “asset poor,” meaning they have little or no financial cushion to rely on if the bread winner becomes unemployed or is hit with another financial crisis. That percentage ranked Oregon No. 27 nationally in terms of the financial security of residents…
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A quarter of Oregonians deemed ‘asset poor’
RadiSys sales climb 20 percent in Q4
January 31, 2012
RadiSys Corp. on Tuesday said fourth-quarter revenue grew by 20 percent, with sales from its higher-margin next-generation technology now accounting for two-thirds of the total. Hillsboro-based RadiSys (NASDAQ: RSYS), which makes hardware and software platforms used for next-generation telecommunications networks, posted fourth-quarter revenue of $79.5 million — with products for next-generation computer networks accounting for 64 percent of the total. Still, the company’s profits lagged in the quarter, with the decline in sales of its older technology more than offsetting the gains in sales of the higher-margin next-generation products…
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RadiSys sales climb 20 percent in Q4
Lunchbox Laboratory spreads to Bellevue
January 31, 2012
Lunchbox Laboratory, the good time/gourmet combination of fat burgers and kitsch that won fans in Seattle, is adding a second location Saturday in Bellevue. And owner John Schmidt can’t wait. Schmidt, who was a co-founder of Taco del Mar before launching the fast-growing Neighborhood Grills group of restaurants, gushes about the Lunchbox Laboratory concept, the vitality of Bellevue’s restaurant scene, the new location on the corner of Northeast 10th Street and 112th Avenue and, he stresses, free parking below the restaurant…
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Lunchbox Laboratory spreads to Bellevue
