Instagram founders and early employees may have been big winners to hit the news but a bunch of venture funds invested and they are now set to reap handsomely once the $1 billion purchase by Facebook goes through. One such firm that will be making a pile of cash but has oddly been lambasted by journalists is Andreessen Horowitz, a venture fund that has invested in some breakout successes in the past including Facebook, Foursquare, Groupon, Jawbone, Pinterest to name a few.
The bone of …

The FBI has issued a warning for a virus on the loose that has the ability to knock out the Internet access of your computer. The Federal Bureau of Investigation said in a statement that the virus had been discovered a while back and the agency has so far been able to protect literally thousands of Internet users from the virus.
The virus works by modifying the DNS settings on your machine and thus being able to manipulate the Internet access protocol that your machine uses to access websites. …

Electric cars populate the streets but not in significant numbers and this owes to a few challenges electric cars pose, the biggest of these being battery range. Most current electric cars have batteries with a range of some 150 miles, a distance range that causes range anxiety in owners as well as potential owners.
Described as the fear that the vehicle will not reach where you are going without running out of juice, this range anxiety is what IBM is hoping to put to rest with its new …

Microsoft and Nokia have both posted their latest quarter results and the results show one interesting consistency, both companies desperately need Windows Phone to succeed. On the other hand, Microsoft, which is the largest software maker in the world, posted less than satisfactory results in the consumer PC business, something attributable to the rise of smartphone devices and tablet computers.

Nokia Lumia 900 – Image via Shutterstock

This has been a concern for the Redmond, …

Video is one of the most popular mediums on the Internet today and the popularity of YouTube is testament to this. One catch about video is the fact that adding advertising often results in one of two things, taking the watcher away from the video and/or disengagement by the watcher.
One innovative company seems to have cracked this dilemma with a very interesting approach to the whole issue. Typically, any purchases made as a result of a video are made via a store that links away from the …

When Tumblr founder and CEO David Karp received a query two years ago what he thought about display ads, he said they turn his stomach. Today, he is eating a healthy slice of humble pie as the phenomenally successful blogging platform plans to sell ad display units to advertisers.

Tumblr – Image via Crunchbase

The ads, which will appear on the blogging platform’s dashboard, will be a first for the blogging platform that has so far survived without ads. Showing on the …

Flexible, semi-transparent solar panels – Image via TheVerge

Solar power is the promised land for all renewable energy and sustainability proponents but so far, the technology has not quite been able to keep up with the optimism. Technologies used to create solar power generation are at best base line and can only convert into electricity a paltry 15% of the solar energy that hits the planet’s surface.
Another impediment has been the installation surfaces solar can mount on, …

The ongoing case that has pitted Oracle against Google over Java patent infringements in the Android operating system has not disappointed with interesting revelations being made by both sides as the proceedings commence. Yesterday Oracle founder and CEO Larry Ellison took to the witness stand to provide testimony in support of his company and made an interesting revelation.

Oracle founder and CEO Larry Ellison

According to Ellison, Oracle had considered jumping into the mobile smartphone …

Yahoo’s new CEO Scott Thompson has a big broom in his hand, and he is using it to clean out Yahoo and shake up things back to profitability. In a call with journalists yesterday, Thompson said the company had some great properties that had a lot of potential but that there were too many other services bogging down these few profitable ones.
Referring to these redundant services, he said that Yahoo has been doing way too much for way too long and some things have to change in order to …

Google recently instituted a 2-for-1 share split that saw the company offer existing shareholders two shares for each share owned. This is something Google employees and shareholders have been clamoring forever since the company shares reached the high $600′s and moved the shares well beyond the reach of anyone who would want to buy them.
This effectively meant that existing shareholders could not sell their shares owing to the fact that they were beyond the reach of any prospective …