Thursday, October 28, 2010

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Box.net Upgrades Personal And Business Data Plans To Include More Storage In The Cloud Top
Cloud-based storage and sharing application Box.net is making a big data storage upgrade to its free and paid plans today. The company is increasing the data storage amounts for its personal, business, and enterprise plans. Box’s personal subscription plans now come with 5GB of free web storage. Box’s business plan is being adjusted slightly so that companies don’t pay by the individual user (businesses were given 15GB per users previously). Now businesses will automatically receive 500GB of data storage, tripling the amount of storage the average business subscriber has access to. Enterprise customers will have access to an unlimited amount of data storage,, says Box.net’s CEO Aaron Levie, allowing companies to manage terabytes of data in the cloud (Box charges enterprise customers $35 per user per month). To accommodate these changes, Box has built two enterprise-grade data centers, and received SAS 70 Type II certification. According to the company more than 60,000 businesses including Hawaiian Airlines, T-Mobile and ABC News use Box as a data repository. Levie’s vision in the future is that businesses and individuals will never have to worry about data storage, and Box will be the go-to platform to access what he calls the “Infinite Cloud.” Box, which raised $15 million in new funding earlier this year, has seen steady growth for a startup that is competing with the likes of Microsoft Sharepoint. Since its launch in 2005, Box.net has accumulated more than 4 million users, with hundreds of thousands of businesses using the application. Last year, the startup increased revenue by 500% and is seeing an increase in sales this year as well thanks to deals with the Oprah Winfrey Network, Volvo, and Nokia Siemens. The startup has also spent the past year consistently launching new features and products, including a file syncing feature, an Android app, HTML5 functionality and more. CrunchBase Information Box.net Information provided by CrunchBase
 
Is There Any Morality In Sitting On Your Couch And Playing Virtual Soldier? Top
We’re just about two weeks away from the launch of Call of Duty: Black Ops , and besides the fact that it’s yet another Call of Duty game (which usually means a decent multi-player mode, and a campaign of varying quality), there’s not a whole lot of "heat" surrounding it. Yes, it’s setting all sorts of pre-order records, and the critical reaction is already largely positive (PSM3 magazine calls it "2010′s top shooter" in its December issue), but there’s no real, I don’t know, excitement surrounding it. That’s my perception, at least. Could it be that Medal of Honor , with its Taliban-infused multi-player, has already exhausted this country’s supply of outrage?
 
LinkedIn Beefs Up Its Board Of Directors Some More Top
If I were a betting man, I’d bet on LinkedIn going public some time in 2011. But I’m not, so I’ll just share with you that the social networking service provider has been significantly beefing up its board of directors this year. Case in point: this morning, LinkedIn announced the appointment of its seventh board member, Stan Meresman . We’ll forgive you if that name doesn’t ring any bells with you immediately, but suffice to say this is a man with heaps of experience serving on boards of and advising public tech companies under his belt. In addition to LinkedIn, Meresman is a board member at Riverbed Technology, Meru Networks and HyTrust. Previously, Meresman served on the boards of directors at Polycom, VMware, Starfish Software and Lightsurf, as well as an advisor to Silicon Image, Inktomi and Real Networks. Meresman also has management experience, having served as SVP and CFO of Silicon Graphics from 1989 to 1997, before shifting his attention to investing. LinkedIn in a statement says it decided to expand its board for the third time this year as its membership and operations continue to scale globally – it now boasts 80 million members around the world – and as a way to “position itself for long-term growth”. And readying a public offering in the next 12 months, I’d wager. Last May, LinkedIn added Netflix CMO Leslie Kilgore to its board, and a month later expanded it again with the appointment of former Ask.com CEO George “Skip” Battle . Meresman marks the third outsider to join the IPO candidate’s board of directors in a matter of months. The four others are founder and former CEO Reid Hoffman , current CEO Jeff Weiner , Greylock’s David Sze and Sequoia’s Marc Kvamme. CrunchBase Information LinkedIn Information provided by CrunchBase
 
FTC Ends Street View Feud With Google After Winning Privacy Concessions Top
After much hullabaloo, Google and the Federal Trade Commission have kissed and made up. This, only a few days after Google admitted to "accidentally" collecting people’s private data with its Street View cars. Google had promised, in so many words, that it would never do that (collect people’s private data) again, a promise that satisfied the FTC. And, scene.
 
ReadyForZero Raises $260K To Help Cleanse Consumers Of Credit Card Debt Top
Y Combinator -backed startup ReadyForZero is announcing a $260,000 seed round of funding from a number of well-known angel investors including Steve Chen, the co-founder of YouTube; Dave McClure, Benjamin Ling , Nils Johnson , and Maneesh Arora. Launched in private beta in September, ReadyForZero is an easy to use web-based platform to help guide consumers out of credit card debt. ReadyForZero is trying to help those consumers who are having trouble paying their debt off, as opposed to those who are already in collections or bankruptcy. Essentially the site is trying to help people be able to eventually not carry any balances month to month. The company says that in the US alone there are 100 million people with revolving balances, meaning they carry credit card debt from month to month. Combined they owe $900 billion to banks and credit card companies. You import your credit card information, including what types of cards you have, the amount owed, and the startup will then walk you through the same steps a trusted financial advisor would give you. Based on your minimum payments, salary and balance, ReadyForZero will figures out an optimal strategy for what to pay and when. The site will also send you reminders and you can track your progress online. While you cannot actually pay your bills directly from ReadyForZero, the startup will eventually allow users to do this directly from the site. Currently in private beta, the startup will use the funds to help launch to the public early next year. The idea behind ReadyForZero is no doubt a noble cause that wants to add legitimacy to a notoriously shady industry. And credit card debt is certainly an issue that’s relevant to the current economic conditions. As a side note, the startup’s co-founder and ex-Googler, Ignacio Thayer is behind the parody video on fundraising, “ Stupid Questions VCs Ask.” CrunchBase Information readyforzero Information provided by CrunchBase
 

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