Facebook has just acquired Parse, marking its entry into a whole new business category: paid tools and services for developing mobile apps.
The company is buying the mobile-backend-as-a-service startup (yes, the industry acronym is mBaaS) in a deal that we’ve heard is worth $85 million. Neither company is commenting on the size of the deal, except that Facebook said it’s not “material.” Continue reading

As a man who spends most of his time in his attic, it’s nice to hit the open roads, feel a little wind in your hair, and run over crack vials as you motor through downtown Manhattan. That’s exactly what I did yesterday as when I tried to ride an Ultra Motors A2B Metro electric bike from Bay Ridge to our offices on Broadway, thereby cementing my love for electric bikes and this electric bike in particular.
Given the fairly nutballs hype surrounding the launch of Mailbox for iPhone (and its
Today, Amazon continued the trend, still finding itself in a bit of a hangover after missing expectations in Q4.