Thursday, April 11, 2013Green Dot CFO To Step DownMonrovia, California-based Green Dot, the provider of prepaid credit cards, said this week that the firm's CFO, John Keatley, will be leaving the firm in September. According to Green Dot, Keatley will be relocating his family to Sweden, his wife's original home, where he will become CFO of a Stockholm-based technology company. Green Dot said that Keatley will continue to serve full time as CFO until September 1st. Keatley had been CFO of Green Dot since 2006, before the firm's IPO.
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ACTIVE Network Ties With IRONMANSan Diego-based online, cloud-based sports and activity registration provider ACTIVE Network reported today that it has linked with IRONMAN, the sports race operator. According to the two companies, they are in a three year deal where ACTIVE will offer up race registration to IRONMAN's events. IRONMAN holds nearly 190 events worldwide across its brands. Financial details of the deal were not disclosed; ACTIVE has been providing registration for IRONMAN since 1999. Photo via StormyDog@Flickr.
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Empowering Music Teachers With TakeLessons' Online MarketplaceOne of the biggest areas where the Internet has been shaping our everyday life, is how it has begun to empower people to earn money and a living in brand new ways. There are now a large number of online, peer-to-peer marketplaces which all aim at one thing; helping connecting people with others, so that they can offer their services or goods (a room for rent, a ride, a vacation timeshare, a dog sitter, etc.) to others, in a highly efficient way. One of the companies which has been helping to pow (More info...)
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Broadcom Wins India's Karbonn MobilesIrvine-based chipmaker Broadcom reported a win this morning with Indian mobile phone brand Karbonn Mobiles, which it says will use its Android 4.0 platform for a new smartphone. Broadcom said that Karbonn Mobile will use its Android 4.0 platform for its A12 smartphone, which will include a 1GHZ processor, multimedia, 3G/2G dual-SIM dual standby, and more. Shipment volumes and financial impact of the win were not announced. Broadcom said the new phone is powered by its BCM21654G chipset. Karbonn' (More info...)
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Predixion Software Updates PlatformSan Juan Capistrano-based Predixion Software, the developer of predictive analytics software headed by Simon Arkell, said Wednesday that it has updated its platform. According to the firm, the new version of its software now allows users to create applications inside Microsoft Excel and supports a much wider range of external data sources, among other updates. Predixion's products are aimed at making business intelligence and analytics more available to users, allowing non-technical users to cre (More info...)
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Local Corporation Gets $5M In PIPEIrvine-based Local Corporation, the operator of the network of online, local directory websites, said today that it is in an agreement to raise $5M from The Tail Wind Fund Ltd. The firm said the funding will come in the form of convertible subordinated notes and warrants to purchase common stock. Local Corporation said the new funds go towards general working capital.
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DriveCam Wins Florida Cab CompanySan Diego-based DriveCam, the developer of driver monitoring systems, reported a win this morning in Florida. The firm said that B&L Yellow Cab of Broward County, Florida, will roll out its solutions to its fleet of 600 vehicles. Financial details of the win were not disclosed. DriveCam develops video-based driving monitoring systems used to monitor driving fleets.
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LifeProof Names EMEA DirectorSan Diego-based smartphone and tablet case maker LifeProof announced today that it has appointed Stephen Daverio as its Managing Director of Europe, the Middle East and Africa (EMEA). Daverio was most recently at Disruptive Group Limited, a maker of iPod accessories, and also has served at SanDisk and Logitech. LifeProof said Daverio will play a key role in expanding its presence and market share in the EMEA.
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