Tiny Review When Life Was Simple

Tiny Review iPhone app makes everyday photos into special moments (exclusive)

As photos become the new status update, we’re going to see big changes in the way people create, combine and consume words and images. The latest example is from a 500 Startups company called Tiny Review, which unites microblogging and social photo-sharing in its free photo storytelling app. And with a new update for the app out today, the Tiny Review craze is about to take off.

Siri helps Apple sell 30 million iPhones in Q4, shares could hit $510 (analyst)

Analysts believe Apple is on target to sell 30 million smartphones by the end of the December quarter, beating previous estimates of 28 million phones. Sales of the highly-anticipated iPhone 4S have no-doubt been fueled by Siri, the voice-powered virtual assistant, which appeared in mid-October on the new Apple smartphone.

Instagram is Apple’s No. 1 app of 2011 in a year heavy on fun and sharing

If you made plans for your weekend, you might want to kiss them goodbye.  Apple yesterday released its iTunes Rewind 2011 list, with the 40 top  iPhone and iPad apps of the year. The iTunes store now has more than 500,000 apps in it, but  this year’s top apps list shows that fun is the dominant theme. Games and social networking tools dominated, and photo sharing tool Instagram was chosen as the No. 1  app of the year.

Klip version 2.0 brings even more goodies to its video-sharing iPhone app

More than 115 million smartphones were sold during Q3 of 2011, according to the latest Gartner report, and almost all of them have some video capability. But with the spike in video creation comes a new problem: what to watch. Startup Klip tackles this problem by making it easy to track and sort videos from your friends on your iPhone.

Tool Box

BestVendor is the utility belt for small business apps

Being successful in business is about knowing what your competitors know and being able to act on it. If you could find out what kinds of work tools are helping your competitors stay lean and mean, it could be a real leg up. You can’t just call up a competitor and ask. But a new startup called BestVendor is creating a Yelp-like recommendations network around work apps to make that kind of tool discovery possible.

Verizon 4G LTE

Verizon fixes technical issue blamed for nationwide 4G LTE outage

Wireless provider Verizon is America’s favorite national network, but it is not immune to an occasional case of the sniffles. A technical issue is being blamed for a service disruption that knocked out 4G LTE service to wireless customers nationwide, and left them without high-speed voice, data and SMS service. The disruption began on Tuesday evening and was resolved by Wednesday night.

Money Roll

LivingSocial closes $176 million round. How far off is an IPO?

Daily deals site LivingSocial has closed a monster $176 million round of financing, according to documents filed with the Securities and Exchange Commission today. VentureBeat has learned that the $176 million is the first tranche of  $400 million the company hopes to raise over the next weeks and months to finance continued operations and expansion.

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Dell kills its Streak 7 Android tablet in the U.S.

If you’re curious how difficult it is to make a successful Android tablet, ask Dell. The company today announced it is killing off its Streak 7 Android tablet in the U.S., while claiming it will still sell the product through retail partnerships abroad. The 7-inch tablet will no longer be available online at Dell.com, as you can see from the screenshot below.

CarrierIQ clicktracking scandal pulls Samsung and HTC into class action suit

Two new victims have been sucked into the growing CarrierIQ click tracking scandal. Handset manufacturers Samsung and HTC have been named in a class action suit along with CarrierIQ, alleging that the company is in violation of federal wiretapping guidelines for illegally intercepting communications from people’s phones.

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Smush: Music app maker Smule and Khush sound great together in new deal

Social music app maker Smule is betting big that the world is getting more musical and more social. The company today acquired rival app maker Khush. The acquisition was an “eight-figure deal” in cash and stock, Smule’s co-founder and chief executive officer Jeff Smith told VentureBeat.

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iPhone 5 with 4-inch screen could arrive in March 2012

The iPhone 5 rumor mill has begun spinning anew, with speculation of a new 4-inch iOS device coming March of 2012. Macotakara is reporting that suppliers Hitachi Displays and Sony Mobile Display Corporation have already begun shipping the 4-inch LCDs for final production.

Tesla Model S Beta Front

Tesla opens showrooms to show off its electric Model S cars

Black Friday shoppers on the market for an electric car might want to drop by a Tesla showroom this weekend. The company has put its vehicle technology on display, with prototypes of the new Model S Beta electric sedan appearing in stores around the U.S. and Canada.

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Samsung calls Australian tablet ban “grossly unjust”

Device maker Samsung says an Australian judge who banned the sale of the Galaxy Tab 10.1 in that country does not know the basic facts of the case, and her reasoning  is “grossly unjust.” Lawyers for Samsung are appealing a temporary injunction that has frozen the company out of the market due to claims that Samsung  “slavishly copied” the iPad when creating its own tablet, according to the Sydney Morning Herald.