Graham

Morning Radar: Paul Graham’s patent pledge; Super Mario in Seattle; etc.

Y Combinator’s Paul Graham asks companies to take the patent pledge. The concept? Big companies shouldn’t use patents to bully small startups. “The patent pledge is in effect a narrower but open source ‘Don’t be evil,” writes the venture capitalist. Amazon.com says it will open new distribution facilities and bring 7,000 jobs to California if the state… Read More

smilebox-logo11

Photo sharing service Smilebox sells for up to $40 million

Smilebox, the six-year-old Redmond company that lets users create electronic greetings with their photos and videos, has agreed to be sold to Tel Aviv, Israel-based IncrediMail Ltd. for up to $40 million. The deal includes $25 million in upfront cash, and another $15 million if certain milestones are met. No big changes are expected as… Read More