Here’s the latest action:
1. Bubble Video singer gets $3M
2. Bahu, a social network for European high schoolers
3. Vinod Khosla upset with California regulations
4. Technorati revises its front page yet again
5. Smilebox, a software download for sharing photos, videos and other media, raises $7 million
6. Microsoft announces display advertising on MSN Mobile
7. Competitious relaunches as RivalMap, gives you dashboard to track your competitors
8. Worst case scenario: The next Great Depression
9. Verizon to take over all your InternetsYouTube takes down “Here comes another bubble” video — Remember the fun video that circulated Silicon Valley last week, about us being in another bubble? Well it has just been taken down after someone told YouTube it violated some sort of copyright. Too bad, because the snippets in the video were so brief it’s hard to understand how any of it could be considered a rip-off. Kara Swisher posts about it all here. In fact, this weekend, we bumped into one of the singers in that video, Tom Shields (pictured left) of the Richter Scales, and he was pretty bubbly himself that the video had already got more than a million views (it hit Yahoo’s front-page); the take-down request certainly didn’t come from his side.
Speaking of Tom Shields, he just got $3M for YieldEx — While Shields’ video got hit with the take-down notice, the a capella singer has other things to be thankful for. Shields recently left his role as venture capitalist at Woodside Fund, and has founded a new company called YieldEx, which is still early, but aims to help Web site owners maximize their ad revenue. He’s mum on the details, but VentureBeat hears he has $3 million, mostly from Woodside. (See Shields’ blog here).
Bahu, a social network for European high schoolers — The Paris social network has gotten a first round of financing from Lightspeed-Gemini Internet Lab. The amount of the round was undisclosed. The site appears to have more MySpace than Facebook (it wants users to be able to promote their music, artists and writing). It said it had two million unique visitors in September.
Vinod Khosla upset with California regulations — The aggressive investor in clean-technology companies says that some of his solar and other companies are contemplating moving out of state. Details here
Technorati revises its front page yet again — Technorati, the blog search engine company, apparently doesn’t know what it wants to do. It keeps changing its face, and now looks quite similar to Techmeme, a site that focused on ranking popular blog and mainstream tech news. Technorati has raised a total of $21.6 million in venture capital across three rounds of financing. Techmeme has raised next to nothing.
Smilebox, a software download for sharing photos, videos and other media, raises $7 million — Smilebox is a Redmond, Wash. company that lets family and friends share your media inside digital scrapbooks, slideshows and photogreetings via email and blogs. It features designs from folks like Hallmark, Making Memories and others. The round is its second,and comes from Bessemer Venture Partners. It reports 1.3 million monthly users. Details here.
Microsoft announces display advertising on MSN Mobile — Paramount Pictures and Jaguar Cars North America are among the first companies to launch a campaign on the service, Microsoft said. Technology for it comes from ScreenTonic, a leader in mobile advertising in Europe that Microsoft acquired.
Competitious relaunches as RivalMap, gives you dashboard to track your competitors — We’ve covered Competitious in the past. Yesterday the company announced a new release, called RivalMap. It gives a web-based tool to manage information and knowledge about their competitors. More details at
and a video tour here
. The company told VentureBeat several months ago it had raised angel funding. It is now looking to raise venture funding/
Worst case scenario: The next Great Depression — A diseased housing market and a weak dollar have economists and Federal officials chewing their fingernails, as evidenced by the latest quarter-point rate drop in interest rates, designed to stimulate the economy by making borrowing cheaper (thus encouraging spending). Predictions of recession are also on the rise, but just how bad could it get? If you’re prone to worrying, don’t ask Overstock.com CEO Patrick Byrne, who thinks we might be on our way back to the Great Depression. Better drop the Web 2.0 stocks and start investing in those canned food startups, if he’s right. More on his ideas from GigaOm.
Verizon to take over all your Internets — Verizon, which is one of the country’s major internet service providers, has deepened its re-direct scheme, where it seeks to exploit mistakes by users when they are typing in words by redirecting them to pages filled with ads where it can make money. The ISP is now hijacking valid attempts from users to reach web pages through simply typing in a domain name, e.g. simply typing ‘google’ in the site bar. They’ve also made the opt-out process nearly impossible, according to ClickZ. The re-directs lead to pages with Verizon’s own advertising. This comes after Verizon was forced to stop its earlier “Site Finder” initiative.