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Unnamed investors pumped $2.9 million into 30 Second Software Inc., a startup that has created a shopping site for BlackBerry users. According to an article in The Austin American-Statesman, the firm filed papers disclosing the funding with the Texas State Securities Board. The company makes Digby, which allows users to buy everything from flowers to chocolate in less than a...

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We didn’t know what to expect from the debut of Latin America online auction site MercadoLibre Inc. Friday. It was obviously a good sign when the initial public offering priced at the high end of its $16 to $18 range Thursday night. But with the gloom and doom of the stock market rearing its ugly head Friday morning, and...

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Despite its standing as an Internet bellwether, Amazon.com Inc. typically has shunned making large acquisitions, preferring distribution deals or small investments to outright buys. True to form, Amazon has invested an undisclosed amount of money in digital music company Amie Street Inc. in a Series A round of financing. New York-based Amie Street provides an interesting twist on music...

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When you’re in competition with the other heavyweights in the Internet sector, it never hurts to have a little extra cash to play with. EBay Inc. will have another $1 billion at its disposal after amending a lending agreement with Wells Fargo Bank NA from $1 billion to $2 billion. In a regulatory filing that provides details on the...

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Juniper Research Ltd. forecasts that mobile payments, or m-payments, will generate transactions worth approximately $22 billion worldwide by 2011. The analysts find cooperation among the major m-payment industry stakeholders creating a positive atmosphere, and an ecosystem capable of incubating intelligent ways for using the mobile phone for payment. Greater availability of near field communications, or NFC, devices, which let you swipe your...

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Orbitz LLC has always been a bit of an outsider in the world of online travel, founded as it was not by Silicon Valley techies but by large airlines hoping to reap a windfall from the tech boom. But as the company prepares to go public on Friday, it says it has taken giant steps in recent years to...

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Don't be surprised if over the next few weeks you start to see little vinyl photos all over the place — on phones, on notebooks, in bags, on laptops and on the foreheads of techno-geeks everywhere. TechCrunch's Michael Arrington predicts photo stickers made using U.K.-based startup MOO Print Ltd.'s online service will be the next craze in the early-adopter Silicon Valley crowd....

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When the future of Web 2.0 is written, a whole chapter should be devoted to hosted services and how they made it easier and cheaper for many startups to get off the ground (TechCrunch might have to get its own chapter, too, but that's another post). One of the easier services to use today is Amazon.com Inc.'s Simple Storage...

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Buy.com Inc. formally pulled its initial public offering on Thursday afternoon. The move shouldn’t surprise anyone. The company had originally filed for the IPO in January 2005, but it retreated from the deal that December, citing market conditions. Today, with Buy.com having hit profitability and with a private equity investor in the form of Clearlake Capital Group, the e-tailer...

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Buy.com Inc. has filed with regulators to withdraw plans for an initial public offering, reports Reuters. The e-commerce company did not say in the filing with the Securities and Exchange Commission why it was withdrawing its IPO. It had previously filed with the SEC to sell up to 4.17 million shares in the IPO, with Thomas Weisel Partners LLC and...

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