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THQ reshuffle puts Naughty Dog's Rubin as president
THQ has named Naughty Dog co-founder Jason Rubin as president, effective immediately. The game company, which has proposed a stock split, also announced the departure of Danny Bilson.
Curt Shilling's 38 Studio lays off all 400 employees
38 Studios, the video game company founded by former Boston Red Sox pitching start Curt Schilling, has laid off its entire staff of nearly 400 employees and is in debt to Rhode Island.
AOL investor urges replacement board members [with copy of the letter]
Hoping to persuade shareholders to vote out several of AOL's current board members, investor Starboard Value on Friday issued a letter to stockholders urging them to consider its three nominees.
Parker and Fanning's Airtime secures $25m, acquires Erly
Airtime, the mysterious startup founded and financed by digital media all-stars, closed a reported $25 million third round of financing and acquired fellow KPCB startup Erly.
Kony raises $15 million for app development platform
Kony Solutions, creator of a mobile app development platform, said on Wednesday it has landed $15 million in its third round of funding, led by Insight Venture Partners.
Alibaba buys itself back from Yahoo [with explanatory presentation]
Yahoo and Alibaba announced a complicated agreement that will result in Alibaba buying back the part of the firm currently owned by Yahoo.
Facebook IPO doesn't register on Richter scale [with video]
As of mid-afternoon on Friday, in one of the most anticipated initial public offerings (IPOs) in history, shares of social networking giant Facebook were up by about 2.5 percent in their first day of trading.
Mass Relevance secures $3.3m for social curation
Mass Relevance, which specializes in social curation and integration technology, closed $3.3 million in venture capital funding in a round led by Austin Ventures.
Pinterest gets $100m from e-commerce giant Rakuten
Pinterest has raised $100 million in funding in a round led by Japanese online retail giant Rakuten Inc., which puts a $1.5 billion valuation on the online scrapbook and sharing site.
LuckyLabs closes $3.5m for casual pastimes
LuckyLabs, an online game company founded by serial entrepreneur Steven Kane, has raised $3.5 million in venture capital.
