Verizon Q1 misses on sales of $32.2B, meets on EPS of $1.06, mum on Yahoo bid

verizon-earnings2015 No word on Yahoo from Verizon, one of the strong contenders to buy the troubled Internet giant, but today the carrier (which now owns TechCrunch) reported its own mixed earnings for Q1. Dragged by worse sales in wireless, the company posted total revenues of $32.2 billion and earnings per share of $1.06. Those sales fell short of analyst expectations of $32.5 billion, while the EPS… Read More

What explains microfinance firm Equitas’ 23% gain on Listing Day?

Chennai-based Equitas Holdings, which is focused on providing microfinance and other financial services to bottom-of-the pyramid customers, closed its first day as a public company at INR 135.25, a gain of 23% over its IPO price of INR 110 per share. The company was 93% owned by PE/VC and Impact Investors prior to its IPO. You can receive such updates via the Venture Intelligence Deal

VC Bill Gurley Tells Startups to Beware of – Dirty’ Fundraising Terms

Bill Gurley, an influential venture capitalist who made an early bet on Uber Technologies Inc., sounded the alarm over what he described as a "fundamental sea-change in the investment community." essay posted on his blog, Gurley described how a tighter venture capital market and a dearth of initial public offerings is forcing some startups to accept toxic deal terms.

Female ADF soldier arrested over armed robbery at Richmond’s Air Force Base

Just in time for 4/20! Agents find 2,600ft tunnel packed with seven tons of marijuana, a ton of cocaine and a rail system on Mexican border in what could be the longest drugs passage EVER found Curt Schilling is FIRED by ESPN for anti-transgender meme: Legendary pitcher is axed for unacceptable conduct after posting offensive image and insisting 'a man is a man' Harriet Tubman will become first African-American on U.S. currency: Escaped slave and hero of the Underground Railroad is set to replace Andrew Jackson on the $20 bill It's game over for the Xbox 360: Microsoft kills off console after selling more than 80 million in 10 years What a great gran! Queen Elizabeth cuddles Princess Charlotte as she poses with Royal youngsters, daughter Anne and her beloved corgis in three poignant portraits to mark her 90th birthday 'He walks like George!' William and Harry poke fun at a clip of their ... (more)

Backed VC outs its “community-driven” €30M European seed-stage fund

Backed Team - 2 (Andre left, Alex right) Another day, another new European VC fund. This time it’s the turn of London-based Backed VC, which today is officially outing its €30 million pan-European seed-stage fund, although it’s been active since last year and has already made several investments. The aim, founding partner Andre de Haes tells me, is to bring a more “community-driven” approach to VC. Read More

Opera brings built-in VPN service to its browser

Operavpn4 When Opera acquired the virtual private network (VPN) service SurfEasy last March, it obviously did so to build that technology into its browser and maybe its Opera Max data-savings app. It took more than a year, but now Opera is actually launching a built-in version of SurfEasy in the early release developer version of its browser. The built-in VPN will protect your unencrypted browser… Read More

Inmates Pitch Business Plans To Silicon Valley Venture Capitalists

CBS San Francisco Connect With Us At KPIX 5 PROGRAM GUIDE: KPIX 5 TV Schedule WATCH: A Glimpse Inside The Working KPIX 5 Newsroom Breaking News Send news tips, video & photos, and video to the KPIX 5 [] CONNECT WITH KCBS Welcome to KCBS All News 740AM & 106.9FM on CBSSanFrancisco.com! LISTEN LIVE RIGHT NOW: KCBS Live Audio Stream LIKE KCBS Radio On Facebook: KCBS is the Bay Area's only all news station, serving listeners with [] VACAVILLE - Inmates at California State Prison-Solano in Vacaville will pitch their business plan ideas to successful Silicon Valley venture capitalists and entrepreneurs Thursday. The inmate who makes the best pitch during the competition will win funding for a start-up business when he is released on parole.

Apple delays earnings for Bill Campbell memorial

Apple has delayed its quarterly earnings announcement by one day to allow employees to attend Bill Campbell's memorial service on Monday, April 25. The announcement will now take place on Tuesday, April 26. The conference call with investors will begin at 5pm ET. Campbell was known for his work as an adviser to some of tech's biggest luminaries, including Steve Jobs, Larry Page, Marc Andreessen and Jeff Bezos.