TechStars
Today in Tech: T. Rowe Price invests $190 million in Facebook
April 18, 2011: 5:00 AM ETA curated selection of the weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
T. Rowe Price Group invested $190.5 million in Facebook, though at this point we're not sure at what valuation, along with $71.8 million in Zynga and $35.4 million in Angie's List, a service that compiles reviews of local contractors and doctors. (Wall Street Journal)- Sprint Nextel CEO Dan Hesse spoke out against AT&T's proposed $39 billion acquisition of T-Mobile USA, stating that the possible "duopoly" would seriously hamper innovation and consumer choice. "They could restrict our access to some of the cool devices," Hesse said. (New York Times)
- Meet OnSwipe, one of the start-ups to emerge from the tech incubator TechStars in New York City last week. Co-founded by CEO Jason Baptiste, the company offers tools to help publishers quickly make their Web sites touch-friendly for iPad, iPhone, and Android devices . So far, it's has raised $1 million from venture capital firms like Spark Capital, Betaworks and Eniac Ventures. (New York Times) More
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Startup mating rituals 101
An anthropological technography of the strange, ritualized world where startups sell themselves to venture capitalists: Demo Day.
FORTUNE -- As more people have fled to the startup community for the promise of wealth and freedom, a new tier of gatekeepers have emerged. They're called "incubators," and their imprimatur is tantamount to a college degree. It's like getting a degree from Harvard or MIT, explains David Cohen, the co-founder of TechStars, one of MORE
Chadwick Matlin - Apr 15, 2011 1:51 PM ET -
New York (Yes, New York!) is tech city
Watch out, Silicon Valley. Thanks to Google, Foursquare, and others, the Big Apple is fast becoming home to some top Internet talent.
New York's tech cred is on the rise: Manhattan-based Foursquare's geolocation service is the envy of Silicon Valley. Facebook bought out two New York startups, and Google just purchased the huge Chelsea building where it employs nearly a tenth of its global workforce. Now incubators are sprouting downtown, venture MORE
Jessi Hempel, writer - Dec 6, 2010 3:00 AM ET
