Friday, January 27, 2012


Bargain(.com) May Cost $1M Or More
Looking to get a bargain on a domain name? Don't look for Bargain.com, which is one of the domain names being auctioned off at the Moniker domain name auction at next week's DomainFest, the domain name conference spearheaded by Los Angeles domain firm Oversee.net. In a pre-auction listing of domains to be auctioned off at the conference, Oversee.net, which owns both Moniker and SnapNames, put a $750,001 to $1M starting bid on the Bargain.com domain. Bargain.com is not the only high opening bid d (More info...)
posted on Friday, January 27, 2012(Full story)

Illumina Board Ponders Takeover Offer
San Diego-based life sciences tools developer Illumina said today that its board of directors will be reviewing the usnolicited offer by Roche to acquire the firm, for $44.50 per share in cash. Roche made the offer--which is worth $5.7 billion--on Tuesday. Roche said it will advise stockholders of its position on the deal within ten business days; the firm has engaged Goldman, Sachs & Co. and Bank of America Merrill Lynch as financial advisors on the deal, along with Dewey & LeBoeuf LLP as legal (More info...)
posted on Friday, January 27, 2012(Full story)

Uberpaper, Headed by Dmitry Shapiro, Takes On News Reading
Dmitry Shapiro, the former founder and CEO of Veoh, and later head of MySpace Music and Facebook alternative Altly, said Thursday that he has launched Uberpaper, a new, online news reading service to help people read and navigate news. Shapiro announced the new site on his Google Plus stream, saying that the new service is looking to make news easier to navigate, and add social features and voting to help the "most relevant news to bubble to the top." It's unclear how the launch of the new start (More info...)
posted on Friday, January 27, 2012(Full story)

Local.com Updates Mobile Site
Irvine-based Local Corporation, the online local business directory publisher, said today that it has launched a new, optimized mobile version of its site. According to the firm, the updated site will allow users to search fro local products and services from a mobile phone, adding click-to-call functionality, a simplified user interface, maps and directions, and more. The firm said it made the updates due to an upsurge in mobile visits to the site, which now represents nine percent of the visit (More info...)
posted on Friday, January 27, 2012(Full story)

Qualcomm Buys Pixtronix
San Diego-based Qualcomm has acquired Pixtronix, a developer of MEMS display technology, reports EETimes, in a deal worth between $175M and $200M. Pixtronix makes MEMS technology which is used for MEMS-based microdisplays, used in e-readers and other products. Pixtronix was based in Andover, Mass. The company was venture backed by Atlas Ventures, Kleiner Perkins Caufield & Byers, DAG Ventures and GoldHill Capital.
posted on Friday, January 27, 2012(Full story)