Software : Facebook snaps up Little Eye Labs |
| Facebook snaps up Little Eye Labs Posted:  Little Eye Labs, an Indian startup that builds mobile app analysis tools, has been bought by Facebook. Founded about a year ago by four Bangalore-based technology professionals Giridhar Murthy, Kumar Rangarajan, Satyam Kandula and Lakshman Kakkirala, Little Eye is backed by GSF and VenturEast Tenet Fund. Android developers and testers use Little Eye Labs to measure, analyse and optimise the performance of their apps. The company has said that the deal will allow it to leverage Facebook's 'world-class infrastructure' to help improve performance of the social network's apps. Impact"For us, this is an opportunity to make an impact on the more than 1 billion people who use Facebook," said the Little Eye Labs team in a blog post. Facebook's engineering manager Subbu Subramanian told Reuters: "The Little Eye Labs technology will help us to continue improving our Android codebase to make more efficient, higher-performing apps." The terms of the deal have not been disclosed, but a report by TechCrunch estimates the price could have been as much as $15 million (£9 million, AU$16 million). The entire team at Little Eye Labs will be moved to Facebook's headquarters in Menio Park, California. The acquisition marks the social network giant's first deal in India. The deal is thought to have been done to boost interest in India's startup ecosystem, where high profile acquisitions are often rare. The deal represents "a giant step from an Indian startup ecosystem perspective", said Praveen Bhadada, from Zinnov, a consultancy specialising in tech companies based in Bangalore. The company have also said that crrent customers of Little Eye for Android will receive further information on plans to odder a free version of Little Eye until June 2014. |
| CES 2014: Yahoo looks to simplify news with Yahoo News Digest app Posted:  Yahoo has announced a number of new digital properties during its CES 2014 keynote, ones aimed to simplify and beautify content consumption. The first announcement was called Yahoo News Digest, an app that curates news from various sources and sends them to users in twice-daily round-ups, or "digests." If it reminds you of Summly, that's because News Digest is Summly reborn. The idea, CEO Marissa Mayer said, is to eliminate "tl:dr," or "too long; don't read." On a larger level, it fits into what Mayer spent much of the keynote discussing; Yahoo's desire to make daily habits like reading the news inspiring and entertaining. News bytesWith News Digest, users get a splashy picture followed by summaries of stories culled from around the Web. Click on a story and users see a brief summary, followed by a unique set of "atoms" pertinent to the piece. A story about a conflict in the Middle East may include a map of where the event took place, for example, whereas a story about finance may show a graph. Stories are categorized by subjects like World and Politics, and when a user is done with a digest, they run into a "Done" message to provide a "moment of completion," as Nick D'Aloisio. D'Aloisio founded Summly, which was sold to Yahoo in March. Users can keep track of when their next digest is due thanks to a countdown ticker. The app is available in the Apple App Store now. Digital MagazinesYahoo also launched two Digital Magazines - one literally launched during the course of the keynote. Yahoo! Food and Yahoo! Tech are two new digital properties centered on ... can you guess. Yahoo! Tech is headed by David Pogue, known for his Time and New York Times work. Pogue made an energetic pitch on the keynote stage, saying the new property will speak "human" to its readers. |
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