Viddy, the Instagram for video, raising $30M at a $300M+ valuation

If Instagram is worth an eye-popping one billion dollars, who’s to say the fast growing Viddy, which lets users easily record videos, apply filters and share with friends, isn’t on the same rocket ship trajectory.

The company, founded in April …

Vimeo’s Festival + Awards reveals how it is intensely embracing past and future

Popular video-sharing site Vimeo is entering a new era. Already this year, a new CEO has taken the reins, the company has drastically redesigned its main site, and it has launched a wide array of mobile apps to bring more …

Google’s Project Glass snaps a photo of Charlie Rose mid-interview

The above picture shows us exactly what it’s like to be grilled by famed interviewer Charlie Rose. It was taken with Google’s Project Glass headset by Sebastian Thrun, the man spearheading Google’s next-gen innovations at Google X, during his interview …

Hulu co-owner Providence Equity sells its stake for $200M

Providence Equity Partners, the only one of Hulu’s four owners that isn’t a media company, has sold its 10 percent stake in the premium TV streaming video site for $200 million, reports Bloomberg .

Providence was nearing a deadline on …

Redux steps into video distribution, teams up with Humble Bundle for Czech film “Kooky”

Redux is aiming to move beyond the realm of web video aggregation with its new video distribution platform, which will allow artists to directly sell video on the web. The company has teamed up with Humble Bundle, the folks behind …

Why is Spotify developing Pandora-like-radio when it already has Pandora-like-radio?

I’m confused by this headline, which first appeared on Bloomberg, made its way to Techmeme, and was re-reported by folks like GigaOm:

Spotify Said Developing Pandora-Like Online Radio Service

It’s not just the odd syntax. It’s the fact that Spotify …

Yahoo needs help: Market cap down, stocks down, employee count down

Yahoo has lost significant market share, reduced its staff multiple times, and its market cap continues to dive. But chief executive Scott Thompson is trying to rehydrate what is currently his raisin of a company by killing off unnecessary products …

AOL starts building its own TV network with newly launched video site ‘AOL On’

We’ve known for a while now that AOL has aspirations of transforming its media empire into a fully fledged TV network built for the web. It announced a new live streaming video channel for the HuffingtonPost web publication back in …

Did Facebook mistime its IPO? Profit and revenue fall on seasonal ad slide

Facebook is king of the social networks, but when it comes to its business model, it looks a lot like a traditional media company. 15 percent of its revenue comes from games like Zynga, but the rest is advertising, purchased …

Netflix hits target Q1 subscriber growth of 23.4M, but stock may not get a boost

Video streaming service Netflix hit its estimate of domestic streaming subscribers, with 23.4 million for the first quarter of 2012 — an increase of 1.7 million subscribers compared to the previous quarter, the company said in its latest quarterly earnings …

Viddy adds 5.5M users in 11 days, signs on celebrity investors and partners

Fresh after receiving a vote of confidence from Silicon Valley venture firms and rocketing to fame through Facebook, social video application Viddy is getting the red-carpet treatment from Hollywood.

Singers Shakira and Jay-Z and actor Will Smith join other high-profile …

Forget 7.1 surround sound, Dolby’s next-gen Atmos theater system supports up to 64 speakers

Now that digital and 3D movie projection is off to a strong start, it’s time to upgrade other aspects of our theater-going experience. Dolby today announced its next-generation theater audio system, dubbed Atmos, which sounds like it will blow away …

Ad analytics startup Moat grabs $12M from Mayfield Fund, others

Ad tech startup Moat has attracted $12 million in a second round of funding aimed to help brands better measure the effectiveness of their online ads, the company announced today.

Moat thus far has been used by more than 15,000 …

Google’s AdWords for Video could make YouTube ridiculously profitable

Google has rolled out a version of its its successful keyword search advertising service AdWords for Video, the company announced on the YouTube blog yesterday.

AdWords for Video is essentially Google’s attempt to take on the video advertising world by …

NimbleTV aims to succeed where Comcast and Time Warner failed with a TV anywhere platform

 

Earlier this year we reported quite a bit on Aereo, a New York startup that offers customers the ability to watch network TV (the free stuff you get over rabbit ears) on any internet-connected device. It is now embroiled …

Is “Blinky” the horrible reality of a robotic future?

Although Hollywood films warn of sentient artificial intelligence looking to overthrow and exterminate its human creators, they’re mostly a reason for their big-name stars to jump through the air in slow-motion while dual-wielding rocket-propelled grenade launchers while a hovership explodes …

Pixel Qi promises tablet displays that meet iPad 3 quality — and draw much less power

Pixel Qi, a Silicon Valley company that makes innovative LCD screens for mobile devices, says its latest generation displays meet or exceed the quality of the iPad 3′s Retina display resolution.

In a blog post today, the company’s chief executive, Mary …

With Kinect, Skyrim’s Dragon Shouts are easier to bellow (hands-on)

Microsoft’s Kinect motion-sensing system is making its way into hardcore games, but not in the way everyone thought. The Elder Scrolls V: Skyrim, one of the hottest-selling games from the fall, will exploit the voice-recognition feature in Kinect so that …

Cloudflare’s Instaflare is an Instagram for all the images on your website — seriously

Having a bit of fun with all the Instagram hype these days, website optimization service Cloudflare has launched Instaflare, a cheeky new feature that will let users of its platform apply filters to all of the images on your site.…

YouTube could get slapped with huge music royalty fees after German court ruling

Of all the overly oppressive music industry groups in the world, German royalty collections body GEMA definitely ranks near the top — especially after a recent court case the group won against Google’s YouTube.

GEMA, which represents over 60,000 German …