It's official: The once-controversial social scoring startup has been scooped up.
FORTUNE -- Social score startup Klout has been acquired by Lithium Technologies, a provider of social customer experience solutions for the enterprise, in a deal valued at nearly $200 million, Fortune has learned.
According to two sources familiar with the matter, the deal is a mix of cash and Lithium private stock. (Lithium is gearing up for an IPO, which could MOREJP Mangalindan, Writer - Mar 26, 2014 6:04 PM ET
The Bitcoin exchange business also launches its first consumer-focused product today.
FORTUNE -- Circle Internet Financial has just raised another $17 million, Fortune has learned.
The Bitcoin exchange startup, founded and run by serial entrepreneur Jeremy Allaire, closed its Series B financing round, bringing Circle's total funding to $26 million. Oak Investment Partners led the round, joining other new backers such as Pantera Capital and the Bitcoin Opportunity Fund of Barry Silbert, MOREJP Mangalindan, Writer - Mar 26, 2014 9:00 AM ET
This time around, group messaging goes incognito.
FORTUNE -- Believe it or not, there's another anonymous app jockeying for your time.
Launching today, rumr is a free iOS and Android app that plucks contacts from a user's address book, Facebook (FB), Twitter (TWTR), or Google + (GOOG) account and lets users create group message threads brimming with up to 100 anonymous, socially connected users. In doing so, the app makers hope rumr will MOREJP Mangalindan, Writer - Mar 25, 2014 10:00 AM ET
One of the Internet's oldest marketplaces remains huge, but newer competition may be nipping away at traffic.JP Mangalindan, Writer - Mar 21, 2014 11:18 AM ET
CEO Eric Migicovsky walks Fortune through the smartwatch maker's successful first year.JP Mangalindan, Writer - Mar 20, 2014 12:29 PM ET
Sure, they may make sky-high salaries. But many employers expect these sought-after workers to do more than just silently code in the corner.
FORTUNE -- Demand for talented software engineers is as high as ever, with companies throwing huge salaries and perks at new employees gravitating toward consumer-focused businesses ranging from leviathans such as Google (GOOG) to buzzier, smaller outfits like Snapchat. But rising expectations from some employers also mean expectations are reaching MOREJP Mangalindan, Writer - Mar 18, 2014 5:00 AM ET
The mayor spoke to the Commonwealth Club about "income gaps" and other issues facing the city.
FORTUNE -- For San Francisco Mayor Edwin Lee, protests directed at Google (GOOG) shuttles during the last six months were well-intentioned but misguided.
"I understand why those protests were [directed] at Google buses, but they didn't make sense to me because all people were doing was trying to get to work," explained Lee on Thursday during MOREJP Mangalindan, Writer - Mar 14, 2014 11:26 AM ET
"It's the fundamental direction and the fundamental opportunity we're going after."
FORTUNE -- eBay has started to go on the offensive.
The e-commerce giant began taking swings of its own following the recent activity of billionaire activist investor Carl Icahn, who owns 2% of eBay (EBAY) shares. In late January, Icahn called for a PayPal spin-off and nominated two of his employees to eBay's board of directors. Then in an open letter to shareholders MOREJP Mangalindan, Writer - Mar 10, 2014 5:00 AM ET
The Twitter co-founder says that his new online storytelling platform now has 12 million users.
FORTUNE -- Where online publishing is concerned, Ev Williams is on a roll.
The 41-year-old serial entrepreneur developed, then sold the early blogging platform Blogger to Google in 2003. More notably, he co-founded Twitter (TWTR) with Jack Dorsey and Biz Stone, an origin story fleshed out in New York Times columnist Nick Bilton's bestseller, Hatching Twitter. With MOREJP Mangalindan, Writer - Mar 7, 2014 2:00 PM ET
The standalone iPad news app will eventually be shut down and integrated into Flipboard. Also: Zite's CEO tells Fortune why he left.
FORTUNE -- Aggregation startup Flipboard is acquiring competing iPad news app Zite from its current owner CNN.
According to a person familiar with the situation, the deal was an all-stock transaction for Zite. Another source confirmed that the stock value Flipboard paid for Zite is currently valued at more than the price CNN MOREJP Mangalindan, Writer - Mar 5, 2014 1:27 PM ET
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