A US district court has upheld the ruling that Joel Tenenbaum must pay $675,000 for illegally downloading and sharing 31 songs. The RIAA’s commented: ”We are pleased with the District Court’s decision.” You don’t say?
[Source: CNET]
Cyber Monday, despite its glitches, seems to have been a retail success. According to numbers from IBM, this year’s sales were 20.6 percent higher than last year’s, making it the most successful day for online shopping in the United States’ history. [Source: GeekWire]
A golf cart fashioned after the “Batman Tumbler” is now for sale. It is much smaller than the one Christian Bale rode in the movie, and has an eBay “buy it now” price tag of $17,500. [Source: CNET]
DataSift, a UK startup that offers analytics of social network data, has raised a $42 million Series C round of funding. The brings the company’s total capital raised thus far to $70 million. [Source: AllThingsD]
iPad software developer Readdle has today released PDF Expert 5 with a new interface, a new PDF viewer, and updated features.
[Source: Readdle]
RetailMeNot, which went public in July at $21 per share, has filed for a $200 million secondary public offering at $30.45 per share. Shareholders selling into the offering include Austin Ventures, Norwest Venture Partners, J.P. Morgan, Institutional Venture Partners, and Adams Street Partners. The company profits of $5.5 million in the third quarter on revenue of $47.3 million, compared to $6.5 million and $34.1 million respectively during the year-ago quarter. [Source: SEC]
Online video network Grokker, which specializes in “expert videos,” has raised $5.5 million in a Series A round led by Kholsa Ventures with participation from First Round Capital and SV Angel. Initial categories of focus include cooking, yoga and fitness. [Source: AllThingsD]
Commercial real estate software startup View The Space has raised $7 million in a Series A round led by Trinity Ventures with participation from 500 Startups and individual angels. The company creates virtual-property tours and collects leasing data for landlords. [Source: WSJ]
NCR Corp., the cash register giant, has agreed to acquire online and mobile banking software company Digital Insight from private equity firm Thoma Bravo for $1.65 billion. Thoma Bravo is making a quick buck on the deal, after acquiring DI from Intuit just three months ago for $1.065 billion. Thank you ma’am, may I have another! [Source: Thoma Bravo]
Google Compute Engine, a cloud-based platform used by Wix, Snapchat, and other companies, is now “generally available.”
[Source: Google]
PayPal has launched Digital Gifts, an online marketplace through which its customers will be able to purchase gift cards. Curiously, the only cards available at launch are for iTunes… and some of them are “sold out.”
[Source: PayPal]
The Verge has published a photo essay cataloguing the development process at Vertu, a luxury smartphone manufacturer that spun out of Nokia last year. The company is infamous for its expensive and ostentatious smartphone designs — its newest products are a bit cheaper than their predecessors, but not by much.
[Source: The Verge]
Rdio has hired Anthony Bay, who previously held executive positions at Amazon, Microsoft, and Apple, as its chief executive. The announcement follows a round of layoffs at the struggling music streaming service provider.
[Source: TechCrunch]
Motorola has extended a Cyber Monday deal that offered its flagship Moto X smartphone for $349 without a contract after failing to meet demand and experiencing technical issues. The company will offer the same deal on Wednesday and on next Monday.
[Source: AllThingsD]
Spotify has launched Spotify Artists, a new site through which musicians will be able to view information about how their work is performing on the service; sell concert tickets alongside their work; and sell merchandise directly through Spotify.
[Source: Spotify]
The UN is launching an investigation into British and American intelligence agencies’ surveillance practices as a result of the Snowden leaks. [Source: The Guardian]
Google Glass is letting members of its beta Glass program Explorers purchase a second pair if they so choose. [Source: TheNextWeb]
The founder of luxury phone brand Vertu is teaming up with MetaWatch to build a beautiful smartwatch. [Source: The Verge]
Volvo’s self-driving cars, set to hit the streets of Sweden’s Gothenburg in 2014, will max out at 43 MPH speed. [Source: Time]
Recently the FCC Chairman made a statement suggesting that he will consider limiting big telecommunications companies’ ability to buy airwave spectrums at auction. He said, ”Spectrum is finite, and the FCC is charged with managing the airwaves that are used for commercial purposes.” [Source: WSJ]
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