E-Trade Swallows Cake Financial, Shuts It Down

January 14th, 2010 admin

Cake Financial, a social web service for sharing stock portfolios, has been acquired by E-Trade. The service is to be shut down, information destroyed and account payments reimbursed, according to a thinly positive landing page letter from Cake CEO Steven Carpenter now blocking access to the site. “We are honored to be a part of the E-trade family and believe that E-trade can make the vision we had for all investors a reality,” it reads. No word yet from E-Trade about the deal, the terms of which were not disclosed. Cake, which launched in 2007, had seen minimal…


Originally posted on Biz-News

 
  Related Posts
Is Quora Blocking Access by Facebook Employees?
Is Quora Blocking Access by Facebook Employees?
According to a number of reports from users of Q&A startup Quora , the site is unavailable to Facebook employees who are on the corporate network (although some have been able to reach the site using non-Facebook IP addresses). At first, some users thought that this was a result of the social network blocking its staff members from using... 
Apple in Talks to Acquire Lala: Report
Apple in Talks to Acquire Lala: Report
Apple is on the verge of acquiring streaming music site Lala.com, known for its 10-cent streaming songs and digital music locker service, CNet is reporting . Terms aren’t being disclosed, but the report implies that an agreement is in place, with only a final sign-off remaining to complete the deal. Founded as a CD-swapping service, Lala... 
Google is Dancing as Fast as it Can With Buzz
Google is Dancing as Fast as it Can With Buzz
Just two days after making substantial changes to Buzz, and less than a week after the service first launched , Google has again altered the terms of its new chat platform to try and respond to privacy concerns from some vocal users. But will the latest changes be enough to dampen the flames of criticism and get people to focus on the…  Read More →
Does Augmented Reality Need a Dedicated Device?
Does Augmented Reality Need a Dedicated Device?
Augmented reality — the idea of overlaying relevant digital information on top of a view of the real world — is, in a word, futuristic. And while many people are excited about it, many are turned off by all this fuss with not much to show for it . Out of concern that early and incomplete AR demo products make a bad name for the technology,... 
Aha Radio: Traffic, News and Social Media, Out Loud
Aha Radio: Traffic, News and Social Media, Out Loud
Mobile applications are often blamed when behind-the-wheel multitaskers put fellow drivers, bicyclists and pedestrians at risk, but some apps are intended to keep drivers’ attention on the road and away from their phones. Launched last summer to deliver real-time traffic reports as audio rather than text, Aha Mobile ’s newly revised mobile... 
Intel Warns, Wireless is Weak — Is Something Wrong in Techland?
Intel Warns, Wireless is Weak — Is Something Wrong in Techland?
t’s happy days in startup land, especially for those just getting started. Angel investors line up at industry gatherings to take flyers from young companies and their equally young founders. However, in stark contrast to the ebullience of early-stage ecosystem is the dreary reality facing some of the large technology companies. Intel Takes... 
Why Microsoft’s PC-Inspired Cloud Strategy Might Work
Why Microsoft’s PC-Inspired Cloud Strategy Might Work
I wrote a few weeks ago that “Microsoft taught the world how to succeed in PC and business software, but it might [be] teaching the world how to not succeed in cloud computing” However, that’s a fate it could avoid if it just delivered on a clear vision. As I point out in my weekly column for GigaOM Pro, it looks like Microsoft has decided... 
Yoo-Mee Launches Social Gaming Platform
Yoo-Mee Launches Social Gaming Platform
Hooked Media , a venture-backed startup based in San Francisco, launched a platform today that it hopes will take social and casual games like Farmville and Bejeweled and give them a life beyond Facebook or a single web site, allowing players to connect with each other through any social network, site or mobile device. The platform, called Yoo-Mee... 
Facebook Users Give Up Cursing, Use Shorthand Instead
Facebook Users Give Up Cursing, Use Shorthand Instead
Facebook users now swear in code. Over the last year the site’s status messages have contained remarkably fewer average curse words than in years past, according to stats the company released today. Bombs of both the “f” and “s” variety saw their usage undergo among the biggest year-to-year drops of any word used... 
Searching for the Location Gold Mine
Searching for the Location Gold Mine
Investments into the next generation of location and augmented reality applications these days are as big as the buzz surrounding them. But while we’re seeing amazing apps and demonstrations, we’re still not seeing compelling revenue models. On Wednesday, April 28, a select group of about 75 entrepreneurs, investors and technologists... 
  Related Tweets from Twitter
thecakebrigade (Moses B. )  : Time for cake's verbal onslaught in montebello...if the sweet nothings don't get through to financial aid..
Updated : 2010-09-03T14:49:10Z   |  Reply  |  View Tweet
DominicFarrell (Dominic Farrell)  : Happy Birthday Dave Tickle who is one of the brokers in Bold Spirit Financial Services. Right, time for cake!..
Updated : 2010-09-03T14:16:32Z   |  Reply  |  View Tweet
Jo_shKaye (Josh Kaye)  : going to financial aid everyday after classes is like icing on the cake.. except the icing is razorblades..
Updated : 2010-09-02T22:29:37Z   |  Reply  |  View Tweet
titochayan (tito cheriachan)  : @rajkanchan its a financial institution.. its inside a mall.. everyone in the mall can have the cake..so be there..get a flight :P..
Updated : 2010-08-31T22:32:37Z   |  Reply  |  View Tweet
darastar (Maggie)  : @wisebread My financial wish? Have student loans paid off - with that debt out of the way, I feel like everything else would be cake. #WBAsk..
Updated : 2010-08-31T15:51:29Z   |  Reply  |  View Tweet
  Related News from Digg
No comments yet.
You must be logged in to post a comment.
TOP