Tech WWWorld–Groupon Raises $950mn, Twitter Shows Guts (Wikileaks Gag Order)

Groupon Raises $950mn

Groupon announced that it has completed a $950 million round of financing. Groupon will use the funds to fuel global expansion, invest in technology, and provide liquidity for employees and early investors.

The financing consists of several venture capital firms and late-stage investors, including Andreessen Horowitz, Battery Ventures, Greylock Partners, Kleiner Perkins Caufield & Byers, Group, Maverick
Capital, Silver Lake, and Technology Crossover Ventures. Allen & Company LLC acted as financial advisor. Previous funding rounds were led by New Enterprise Associates, Accel Partners, and Group
(formerly DST.)

Related: Groupon in India, Acquires SoSasta(?).

Google URL shortener, gets an API

With this API, developers are able to programmatically access all of the fast, sleek goodness that we currently provide via the web interface. You can shorten and expand URLs using the API, as well as fetch your history and analytics. You could use these features for a wide variety of applications, enabling behaviors ranging from auto-shortening within Twitter or Google Buzz clients to running regular jobs that monitor your usage statistics and traffic patterns [source].

Twitter Vs Wikileaks

U.S. government recently got a court order demanding that Twitter turn over information about a number of people connected to WikiLeaks, including founder Julian Assange, accused leaker Pfc. Bradley Manning, former WikiLeaks spokeswoman Birgitta Jonsdottir, and WikiLeaks activist Jacob Appelbaum.

The request was approved by a magistrate judge in Alexandria, Virginia where a federal grand jury is looking into charges against WikiLeaks related to its acquisition and publishing of U.S. government classified information. The court order came with a gag order that prevented Twitter from telling anyone, especially the target of the order, about the order’s existence.

To Twitter’s credit, the company didn’t just open up its database, find the information the feds were seeking (such as the IP and e-mail addresses used by the targets) and quietly continue on with building new features. Instead the company successfully challenged the gag order in court, and then told the targets that their data was being requested, giving them time to try and quash the order themselves [source].

Intel – Nvidia Lawsuit

Intel has agreed to pay Nvidia $1.5 billion to settle their long-simmering legal dispute that had been set to go before a Delaware Chancery Court in December.

Intel will pay Nvidia in five annual installments beginning Jan. 18, and in return will receive full access to Nvidia’s full range of patents, which had been part of the dispute. Nvidia will retain use of certain Intel patents that had also been in dispute.[source]

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