A recent article reports, “In April, Walmart dropped $300 million on social media startup Kosmix to compete against Amazon with @WalmartLabs. Specifically, the retailer was targeting Anand Rajaraman, 38, and Venky Harinarayan, 44, who founded Kosmix, the creator of TweetBeat. The Stanford grads also founded Junglee, an e-commerce company that Amazon bought back in 1998 for more than $250 million (where they then worked for two years, building its marketplace division).” Read more
Posts Tagged ‘Anand Rajaraman’
Looking Ahead to Berlin and NYC Semantic Technology & Business ConferencesDates have been set for Semantic Technology & Business Conferences in Berlin (September 18-19, 2013), and in New York City (October 1-3, 2013). The Calls For Presentations will open by Monday, June 17 at the latest. If you have an idea for a conference session, panel, keynote or conference activity be sure to watch this space and submit a proposal when the CFP goes live!
According to a recent article, “Wal-Mart Stores paid just over $300 million in cash for Kosmix. The six-year-old Mountain View, Calif.-based company–which has built a social media platform that organizes content by topic–has raised $55 million from a large group of Silicon Valley venture firms… Kosmix will join the newly formed @WalmartLabs.” Read more