A report from The Information (subscription required) claims that Google tried to buy Cyanogen, Inc, the maker of the custom Android ROM CyanogenMod. According to the report, Cyanogen's chief executive told shareholders that Sundar Pichai, the head of Chrome and Android at Google, met with the company and "expressed interest in acquiring the firm." The report says Cyanogen Inc. declined the offer, saying that it was still growing.
In classic Reddit style, the popular link-sharing site announced Tuesday not only that it's raised $50 million in Series B funding, but also that it plans to give back 10 percent of the equity to the community itself.
Reddit, the so-called front page of the Internet, used its blog to confirm the funding round, which was widely reported earlier this month. As expected, prominent venture capital firms Andreessen Horowitz and Sequoia Capital took part in the round.
Japan's Softbank is in talks to acquire Dreamworks Animation, The Hollywood Reporter said late Saturday citing a source. The Wall Street Journal later reported the same news citing "people familiar with the matter."
Softbank is best known as operator of Japan's scrappy, third-ranked cellular carrier. In 2013, it bought the number three U.S. wireless carrier, Sprint, and earlier this year made a play for fourth-ranked T-Mobile USA, but has given up on that acquisition.
Ello, the social network site intended to serve as something of an antidote to ad-stuffed Facebook, was hit by a suspected Distributed-Denial-of-Service attack today.
The outfit, which has gained plenty of press coverage in the past week after employing the classic invite-only marketing trick to lure in more users, said on its status page within the last hour that it had suffered a major front-end outage on its network.
An online fundraiser for legendary phone phreaker John Draper, better known as Cap'n Crunch, has passed its target $5,000 in just three days. Draper himself doesn't even know who started the fundraiser, but the money is intended to help with his medical bills. According to a recent blog post, he suffers from both degenerative spine disease and C. Diff, an inflammation of the colon.