-Ticketfly, the fastest growing social ticketing company in the U.S., today announced $12 million in Series B funding, bringing Ticketfly's total capital raised to $15 million. -The round was led by Mohr Davidow Ventures with participation from existing investors, including High Peaks Venture Partners, Contour Venture Partners and angel investors Roger Ehrenberg and Howard Lindzon. -The proceeds from the financing will make Ticketfly an even greater force in social ticketing and enable the company to accelerate its already meteoric growth. -Designed for promoters and venues in need of advanced tools to solve multiple, enterprise-level problems, the Ticketfly platform automates the time-consuming tasks associated with event creation and marketing, and provides rich data analytics. -The financing comes on the heels of the company's release of several industry-leading features including an artist database, with records for over 70,000 artists, and an integrated email marketing module. -Hundreds of the leading music venues and event promoters in the U.S. have chosen Ticketfly to power their social ticketing needs, including the 9:30 Club, Merriweather Post Pavilion, Outback Concerts, Knitting Factory Entertainment, Baltimore Grand Prix, Monqui Presents, Guerilla Union, The Independent, R5 Productions, Austin City Limits Live, Troubadour and the Brooklyn Bowl.
Paul Otellini, Intel president & CEO, discusses the company's upbeat quarterly report. The chip giant posted better-than-expected earnings of 59 cents a share.
Mobile Internet Future in China China is the world's biggest telecom market with about 800 million mobile subscribers and 380 million internet users. The Chinese telecoms market is a lot more than voice it is very diverse. Voice is indeed the main use of the mobile in rural China, where an estimated 30 percent of the population now has access to mobile services. But rural China is also connecting to the web, with almost 107 million internet connections in early 2009, an increase of 26 percent from 2008. In urban China, particularly among its youth, high-end mobility, broadband and mobile broadband are already a way life. Some 87 percent of urban Chinese youth use the internet on a daily basis. The increasing wealth among urban Chinese is reflected in the country's position as the second-largest luxury goods consumer in the world, so the speed of mobile internet uptake should be no surprise. Available video includes an edited package and general views from the Ericsson Business Innovation forum in Shanghai, held during the World Expo 2010, as well as soundbites with guest speakers.
Trasnscipt: "ebay snaps up e-commerce for $2.4 billion in cash and debt. joined by the ceo of ebay, john donah donahoe. what is your version it seems you're moving towards being an online or mobile payment company. it almost seems like you should just change your name to paypal at this point. what we've always been about is connecting buyers and sellers. that's what ebay does, connecting small businesses to buyers around the world. that's what paypal does, connecting buyers and sellers to websites around the world. what gsi does is it brings to u.s. 180 of the largest retailers that won't to and need to come online and need help as they try to expand their businesses and g multi-channel and explore things like mobile commerce. we think the combination of gsi and ebay makes a lot of sense. how soon would you see this company stores it seems like it would sort of cut them out of the equation. well, paypal is a wallet. the thing that people need to understand is you can fund your paypal account with any financial instrument. if you want to use your credit card, your visa card or your bank account or a balance or a debit card. so we're agnostic to how a consumer chooses how to fund their paypal account. what paypal does is it allows you to pay in the safest most convenient way where you never share any of that financial information. be it your credit card or bank statement. will you never share that whether you're shopping online or on a mobile device or overtime in stores. so in terms of the effort to bring pay balance to the bricks and mortar, what's the time line on that? you spoke about that hat a conference just a month or so ago. we're finding merchants are looking for paypal to come into the point of sale environment. we're working with the small number of merchants to develop a pilot program where paypal will be live in a few merchant experiences, few merchant locations by the end of the year but we think it is an enormous potential. we'll see. it is still early days. what's emore munormous? you think of all the online payments happening in the world. you would a thought a year ago about e-commerce as being somewhere between 5% and 6% of total offline retail and offline retail being an enormous market. the smart phone or mobile device is absolutely blurring that boundary. so today you can walk into any offline retailer with your iphone and use ebay applications like red laser where you can scan any item in the store, see what's available online across the web, as well as seeing what's available in local stores around you using mylow, which is another company we bought last year. the line between online and offline is blurring and that's what's causing retailers in the offline world to embrace paypal and look for help about how they can grow their businesses. that's why we buy tsi today to further that aim. john, great to see you. thanks so much. john donahoe, ceo of ebay."
John became President and CEO of eBay Inc. on March 31, 2008. In this role, he has global responsibility for growing the company's core e-commerce and payments businesses, which include eBay and PayPal. As CEO, John has aimed to redefine the company as a global e-commerce and payments leader through a strong focus on innovation and customers. Under his watch, the company has aggressively grown payments worldwide, made major strides in reinvigorating its core marketplace business, and established an early lead in mobile commerce. In addition, John has brought strategic clarity to the overall business – selling off a majority of Skype in 2009 – and centered acquisitions on important e-commerce markets (e.g., Gmarket in Korea), as well in burgeoning growth areas like transactional credit (e.g., Bill Me Later) and mobile commerce (Red Laser).
John joined eBay in February 2005 as President of eBay Marketplaces, responsible for all elements of eBay's global e-commerce businesses. In this role, he focused on expanding eBay's core business, which accounts for a large percentage of the company's revenues. John also oversaw a number of strategic acquisitions, including Shopping.com, StubHub and classifieds site Gumtree. During his three-year tenure as President of Marketplaces, revenues and profits for the division doubled.
Prior to eBay, John spent more than 20 years at Bain & Company, a worldwide consulting firm based in Boston. Starting as an Associate Consultant, John rose to become the firm's CEO, where he oversaw Bain's 30 offices and 3,000 employees.
In addition to serving on the Board of Directors for eBay Inc. and Intel Corp., John is also on the Board of Trustees of Dartmouth College. In 2010, he was appointed to serve on President Barack Obama's White House Council for Community Solutions. John received a Bachelor of Arts in Economics from Dartmouth College and an MBA from the Stanford Graduate School of Business.
Red Hat is the world's leading open source provider. Bringing the choice, collaboration, cost savings and value of open source to enterprises worldwide. Solutions include our Red Hat Enterprise Linux operating platforms, JBoss Enterprise Middleware and other Red Hat enterprise technologies. James M. Whitehurst has served as the President and CEO of Red Hat and as a member of the Board since January 2008. Prior to joining Red Hat, Mr. Whitehurst served as the Chief Operating Officer of Delta Air Lines, Inc. from July 2005 to August 2007, as Senior Vice President and Chief Network and Planning Officer from May 2004 to July 2005 and as Senior Vice President—Finance, Treasury & Business Development from January 2002 to May 2004. Prior to joining Delta, he was a partner and managing director at The Boston Consulting Group. Mr. Whitehurst also serves on the board of directors of DigitalGlobe, Inc. (NYSE:DGI), a builder and operator of satellites for digital imaging.
HeyKiki makes life interesting. It allows you to pursue and improve upon existing interests and learn new ones while getting to know like-minded people to make life exciting.
Users make connections with practice buddies and instructors to schedule individual or group activities based on location, while instructors can gain access to a broad, targeted network of members.
