Incubator BoomStartup announces the 10 companies it will mentor this summer

Utah-based startup incubator BoomStartup announced the 10 companies it has selected to participate in its second annual class. The three-month summer program gives promising new tech companies a shot at early additional funding and attention from potential investors on the hunt for the next hot concepts.

Photobucket launches Snapbucket app to keep pace with more nimble rivals

Photo and video sharing service Photobucket launched a new feature today called Snapbucket, which will allow users to “snap” photos from their mobile device, personalize the photo through effects, vignettes and frames, and then share them instantly with their social network.

Why now is the “second golden age” for VC tech investing, says new report

A new report issued today by venture capital company Clearstone Venture Partners on how well the venture capital community is doing says that VCs who put their money into technology startups now will get the best return on their money since the boomtimes of the dotcom era last decade.

Forget business travel: Survey says marketers prefer virtual events

Virtual events company Unisfair has released its annual marketing survey, and it shows that even more advertisers will be advancing their brands through virtual happenings this year, with 62 percent saying they would be increasing spending on that medium in 2011, and 42 percent saying they will cut down on how much they budget for physical events.

Mopay: Mobile payment interest doubled in North America last year

Mobile payment system Mopay announced today that people charging online merchandise directly to their cell phones or landlines has nearly doubled over the last year in North America, putting local consumers on par with leading regions like Asia that have long been using the method.

Why Tagged snapped up social networking application Digsby

Social networking connector Tagged has acquired instant messaging and social aggregator Digsby as it attempts to give users more tools to manage their instant messaging, emails, tweets and social networks all in one place.

Did Twitter turn down a $10B offer from Google and force Ev Williams out?

An intense look at the dynamics of the team that built and is currently running white-hot blogging startup Twitter shone new light on the company today, after Fortune magazine penned a lengthy article suggesting former CEO and co-founder Ev Williams was forced out rather than leaving voluntarily in October and that the company once turned down a $10 billion buyout from Google.

VC deal size grows in first quarter despite fewer deals made

Venture capitalists invested the most in deals worth $50 million or more since the third quarter of 2001, pumping $5.9 billion into 736 deals in the first quarter of 2011, according to a MoneyTree Report released today by PricewaterhouseCoopers and the National Venture Capital Association.

PhoneTag app promises to keep social media meet-ups private

Smartphone app startup Ripple Mobile today debuted its PhoneTag application, which uses GPS-based technology to help mobile device users share a user’s real-time location and coordinate connections privately with their friends and contacts.

Voice blogging gets a boost as Bubble Motion nabs $10M

Voice and text messaging provider Bubble Motion today announced it has pulled in $10 million in a second round of funding, as the company attempts to work on new tools for 800 million available mobile users.

Google calls out Beijing for messing with Gmail

Google today officially accused the Chinese government of intentionally messing with its Gmail email, perhaps in an effort to head off any attempts by its citizens to ride a recent global wave of dissent and jumpstart their own revolution, the company confirmed today.

Is a “huge wave” of M&As, financing deals about to hit Silicon Valley?

Investment banks are scrambling to open branches and make their presence known in the Silicon Valley area because they are expecting a “huge wave” of mergers and acquisitions and financing deals in tech and media over the next two years, Kevin Covert, president and co-founder of boutique I-bank Covert and Co., told VentureBeat today.

North Bridge Partners: If there is startup bubble, it’s rational

Bubble or no bubble, the conditions brewing in Silicon Valley around hot new startups now differs greatly from the tech collapse of 1999 to 2001 because most of today’s new companies are actually making money, Paul Santinelli, partner at early-stage venture capital fund North Bridge Venture Partners, told me today.

Twitter cofounder Biz Stone to advise AOL

Internet behemoth AOL announced today that it has hired Biz Stone, cofounder of white-hot microblogging service Twitter, as a “social impact advisor.”

VC True Ventures co-founder: There is no bubble, period

There is no bubble forming around Silicon Valley or tech startups because white-hot companies like Twitter and Facebook are able to show they have fundamental value and are capable of making money, Phil Black, co-founder at early stage venture capital outfit True Ventures told me today.

Group-buying startup Offermatic pulls in $4.5M

New group-buying startup Offermatic grabbed $4.5 million in funding today as it seeks to distinguish itself in what is rapidly becoming a crowded playing field for online shopping.

Personal finance tool CreditSesame nabs $6.15M in new funding

Personal finance tool Credit Sesame announced today that it’s pulled in $6.15 million in a second round of funding to help consumers save money on their mortgage and loans by tracking all their finances in one place.

LinkedIn, GitHub team up on collaboration tool for programmers

Professional social networking startup LinkedIn has joined forces with well-known open source coding repository GitHub, which will allow others in a user’s network to see what projects they and their connections are working on at any given time.

SEO platform BrightEdge adds tools to become fully “social”

BrightEdge, a search engine optimization management (SEO) platform, said today it has become the first such platform to become fully social in a bid to help marketers optimize their social media activity, Jim Yu, founder and chief executive, told VentureBeat.

No Twitter IPO this year, says co-founder Biz Stone

White-hot microblogging startup Twitter has no plans to take the company public anytime soon and is not looking for outside funding right now, co-founder Biz Stone reportedly told Reuters at a business forum in Seoul today.

HighlightCam aims to make video editing simple and mobile

Mobile video startup HighlightCam launched today, as it aims to make it easier for users to take their movie making totally mobile and simplify the editing process, CEO Robert Neivert told me Thursday.