Motricity increased revenues, narrowed its losses and even generated cash in 2009, according to new documents filed today as part of the companys IPO ambitions.
When the company first filed paperwork in January, it reported results for the first nine months of the year. Today, in an updated registration statement filed with the SEC, Motricity reported complete results for 2009 that put the companys performance into a more positive light.
Still, the c...
Plancast, a startup which offers an easy way for people to share their plans, has raised $800,000 from SoftTechVC, True Ventures, Founders Fund Angel, Zelkova Ventures, as well as a number of angel investors. On Plancast, users post what they plan on doing later; users can track each others accounts and also indicate publicly that they too plan on attending the same event.
Co-founder Mark Hendrickson tells us that the sitewhich launched in Novemberboast...
No need to duck out of work early, now you can watch March Madness games live over your iPhone, and for the first timeanywhere over AT&Ts 3G network.
The application, which is expected to be available Monday on iTunes, will cost $9.99twice as much as last years version that was limited wi-fi networks. Rob Gelick, the SVP and GM of CBS (NYSE: CBS) Mobile, expects the demand to be there for live streaming video: Last year, we were the first to do a live sporting event with the March Madness app, and since the...
Apples iPad made its TV advertising debut at the Oscars just now. Heres the clip (via Engadget and Alley Insider):
Disney (NYSE: DIS) says it has reached an agreement in principle with Cablevision (NYSE: CVC) that recognizes the fair value of ABC7 with deal points that we expect to finalize with Cablevision. Translation: Cablevision subs are watching the Oscars after all. The agreementwhich Cablevision didnt even mention in its terse statementcame more than 19 hours after Disney shut off the signal to WABC for some 3.1 million New York-area subs.
WABC explained: Given this movement, we’re pleased to announce that ABC7...
New investment bank Code Advisors has picked up some senior banking expertise with the hiring of Chris Scarborough, an 11-year vet of Credit Suisse with significant Silicon Valley tech-media experience. Scarborough doesnt have a formal titlethe next-gen firm co-founded by for CBS Interactive (NYSE: CBS) CEO Quincy Smith, Fred Davis and Michael Marquez is playing down titles for the most partbut Smith tells me he will assemble the analyst-associate team. Scarborough also will be working with clients on busin...
During last months earnings call, Disney CEO Bob Iger couldnt have been clearer about his willingness to shut off access to distributors unwilling to pay retrans fees. We’re pretty resolute, Iger told analystsand by extension, cable and satellite operators. Just three weeks later, Disney (NYSE: DIS) is trying to show that resolution, launching an intense campaign today to warn Cablevision (NYSE: CVC) subscribers that they could lose access to local station WABC-TV, Ch. 7, at 12:01 a.m. Sunday.
In an open ...