The inside story: How Facebook panicked and botched its IPO

There’s been a ton of coverage about the Facebook IPO disaster, but very little of it looks at the crucial point two weeks ago where things went terribly wrong. It’s becoming increasingly clear that Facebook itself made a strategic blunder …

Yahoo! TimeTraveler: a travel app whose time has come

Question: what would you do with six hours in Amsterdam? Dubai? Barcelona? That is precisely what Yahoo TimeTraveler was created to answer.

A few years ago I stopped for six hours in Amsterdam en route to a conference in Cairo. …

Zebit closes $25M in venture funding for microlending website

If you’re looking to expand your business and/or purchase something you desperately need, but your credit is low, take a look at Zebit. The San Diego-based data platform that supports micro-lending businesses from start to finish, raised $25 million in …

DARPA invests $3.5M in TechShop to create pop-up weapons factories

A fundamental tenet of the modern maker movement is that everyone wants to build something. Especially the Defense Advanced Research Projects Agency.

Today DARPA took a break from funding next-generation weapons systems, advanced hypersonic aircraft, and frickin’ laser beams to …

App competing with Apple’s AirPlay removed from App Store

Rogue Amoeba, creator of the Airfoil Speakers Touch, an app that lets you send and receive audio from an iPhone to many devices, was removed from Apple’s app store today. The reason? Apple didn’t say.

Airfoil Speakers Touch acted similarly …

Funding daily: Predict the future with tweets

Happy Thursday! Check out the companies raking in funding today. If you want to stay on top of funding news as it happens, subscribe to our Deals Channel RSS feed either by clicking the red RSS icon at the top …

Fitness gadget maker Basis to BodyMedia: Your lawsuit claims are invalid

It’s fitness gadget maker against fitness gadget maker. In February 2012, BodyMedia, maker of the FIT armbands that promote weight loss and health, filed a patent infringement civil action against competing fitness gadget maker Basis. On Monday of this week, …

Gaming art for your Facebook Timeline (Part 5: Social and Mobile)

Shiny Timeline cover images of mobile and social games like Angry Birds Space, CityVille, and Bejeweled Blitz for your Facebook profile.

AOL is an unsuccessful media company that overpays its executive team, activist investor says

Unlike Yahoo, AOL’s activist shareholders won’t be able to boot out the company’s CEO due to false information on a resume.

Instead, Starboard Value LP, which owns 5.3 percent of AOL, decided to create a 96-page presentation outlining all of …

Facebook acqui-hires usability experts behind Bolt Peters to bolster design team

Could Facebook improve the experience of its web and mobile applications? Most certainly, and now they’ll have the usability, user experience, and interaction design expertise of Bolt Peters to do just that.

The social network picked up some of the …

Who are the top New York City tech influencers? Get your nominations in now!

There’s something special going on in New York City’s vibrant technology scene: startup ideas (and money) are flowing freely, big tech companies are beginning to claim a bigger presence, and the tech community has never been stronger and more supportive.…

Pinterest taps Facebooker Barry Schnitt to lead comms

Hot social media service Pinterest has hired Facebook Corporate Communications Director Barry Schnitt to lead communications and public policy, VentureBeat has confirmed. He will start in mid-June.

“Barry brings incredible relevant experience to Pinterest and will be pivotal as we …

Nvidia expects a “breakout year” for mobile chips

Jen-Hsun Huang, chief executive of graphics chip maker Nvidia, said today he expects this year to be a breakout year for his company because years of investments in mobile chips will begin to pay off.

Nvidia’s business will grow thanks …

Google Transparency Report reveals Microsoft has the most copyright removal requests

Google is rolling out a new section of its Transparency Report today that provides detailed information about copyright infringement removal requests.

“We believe that openness is crucial for the future of the Internet. When something gets in the way of …

PayPal partners with Verifone, Equinox to accept mobile payments in-store

At an event at eBay’s headquarters Thursday, online and mobile payment company PayPal announced partnerships with several point of sale system companies to integrate mobile check ins, electronic receipts, and PayPal integrated cash registers.

“In-store payments are a natural extension …

Not dead yet, Flickr adds life to its 1.5M groups

Trying to prove that its not dead yet, Yahoo owned-Flickr is releasing yet another batch of updates, but this time with the emphasis on improving its Groups.

Thursday, Groups on Flickr, the site’s community-shared photo pools, have been gifted with …

Solving the energy storage problem, Liquid Metal Battery Corp raises $15M with support from Bill Gates

Liquid Metal Battery Corporation, which says it found the solution to storing energy from renewable sources, is getting a new charge in funding.

Led by cleantech investor Khosla Ventures, the battery tech company has raised $15 million in a second …

Facebook launches stand-alone camera app for iPhone

Facebook has launched a stand-alone camera application for the iPhone to help people share photos faster and easier on the massive social network, the company announced today.

Although Facebook paid $1 billion to acquire photo-sharing service Instagram, the Facebook Camera …