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A Rumors Of A $1BN Exit Swirl Around Waze, What Effect Will It Have On Israel?

Last week we reported that Facebook is in advanced talks to buy Israel-born social traffic and mapping app Waze for up to $1 billion, but that there were still some questions over whether Waze's R&D efforts would remain in their home country, or move over with the rest of the team, which is in California, to Facebook's HQ.

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Found 1 week ago on channel TechCrunch

Facebook And The Sudden Wake Up About The API Economy

What a two weeks it’s been. Something happened that has been simmering for a while. The API market exploded. Intel bought Mashery for more than $180 million and CA acquired Layer 7. 3Scale received a new $4.5 million round of funding from Javelin Ventures. Programmable Web acquired Mulesoft. And then Facebook jumped in and bought Parse. The acquisitions and funding point to a maturing market that is reflected in the ubiquity of APIs across the application landscape. It’s not a new market by any means. The space is filled with companies that have leveraged the API build out that has happened over the past several years. Instead this is an inflection point. There are more than 30,000 APIs, according to Programmable Web, the leading API directory and blog. Javelin Ventures Managing Director Noah Doyle said to me in an interview that analysts see the API market growing five to ten times over the next five years. With that scaling in number of APIs comes a virtuous circle for the developers ...

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Found 3 weeks ago on channel TechCrunch

Announcing The TC Disrupt NY Hackathon API Workshop Schedule, Prizes & More

We’re now just a few days away from the Disrupt NY Hackathon this weekend, and we’ve got some exciting news to share. As well as scoring a free ticket to the main TechCrunch Disrupt NY conference, this weekend’s hackers will share in almost $50,000 worth of prizes. A few tickets are still available. Coders should register here and designers should register here. Below you’ll find all the information on the prizes as well as the schedule for our hands on API workshops. The API sponsors are providing some of their top talent to give coders a crash course in their product. API Workshop Schedule One of the best things about the Disrupt Hackathons is that we attract the best developers at the best tech companies to share their insights, answer questions and help short circuit the process of building killer apps with powerful APIs. Here’s the line-up for our API workshops: 2:00pm – Facebook 2:30pm – Box 3:00pm – Evernote 3:30pm – Foursquare 4:00pm – Amazon Web Services 4:30pm ...

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Found 3 weeks ago on channel TechCrunch

Twitter Is Testing Two-Factor Authentication Internally, And It Can't Come Soon Enough

In what was a mind-boggling series of events in real-time, one Associated Press hack and a false tweet about the White House sent the stock market into a momentary free-fall. Twitter hopes to stop intrusions like that in the future by introducing a two-factor authentication process, Wired has learned. When this offering will be available to users is unknown. The company has been working on this at least since we talked to them in November, and became more apparent when it was seeking to hire engineers with specific experience with login security. Why has it taken so long? That’s a question that only Twitter can answer. Google rolled out its two-factor authentication offering in 2011, but Microsoft only just introduced their own last week. Making additional authentication steps mandatory for all users is a non-starter, since any friction standing between a social service and engagement would be a nightmare. Having said that, this type of authentication is something that every verified account ...

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Found 3 weeks ago on channel TechCrunch

Facebook Revealed As Behind $1.5B "Catapult" Data Center In Iowa

Earlier this month, an article raised the question of who owns the giant data center being built in Altoona, Iowa. Today, the Des Moines Register has an answer, gleaned from "legislative sources." The giant facility, estimated to cost $1.5 billion when construction is complete, is to house a data center for Facebook. The article lists various attributes the site has to make it attractive for all that data, including access to transportation, extensive network infrastructure, and relatively low risk from natural disasters.

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Found 4 weeks ago on channel Slashdot