Charles Schwab improved its online trading platform Tuesday with the introduction of new features for its site, StreetSmart.com. According to the investment firm, clients will now have real-time performance reporting for closed positions, new short-selling tools, and more order types. The app will also feature new tabs for realized gain and loss data and information on shorting securities. The updates are available now on the Schwab service.
Privus Mobile, a company that provides mobile calling services, announced Tuesday that its Caller ID app is now available through Handmark stores, as well as mobile stores that offer apps for Windows Mobile, BlackBerry, and Palm devices. Privus Mobile's Caller ID feature gives users a cross-carrier option to find out who is calling, regardless of whether their name is included in the user's contacts. The app is available now without cost, thanks to a free trial period.
Move Networks, the company behind online video streaming for Fox, ABC, and a variety of cable networks, said it streamed 180 million hours of video last year. A hundred million hours of that coverage was in HD. The company estimates that it provided video for 55 million unique viewers during 2008 and it expects even more viewership during 2009 as more professional content makes its way to the Web.
TechCrunch is reporting that Clearspring, a widget distribution firm, has laid off several of its staff, though the company's CEO, Homan Radfar, would not say exactly how many employees were affected. Radfar told TechCrunch that the layoffs occurred during the "fourth quarter of 2008." For more layoff information, .
RipCode, a provider of Web and mobile video streaming services, announced Tuesday that it raised $12.5 million in funding to help it gain worldwide traction. The round was led by Granite Ventures, along with Hunt Ventures and Vesbridge Partners.