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.

How Digg is re-gifting old features and calling it innovation

You really have to give credit to community news sharing site Digg for getting its act together. After the hatchet job that was the latest release of the site (version 4.0), Digg CEO Matt Williams and his team have realized that they have to take drastic measures to bring their lost audience back. This is especially true considering Digg’s once lofty $300 million valuation. Currently, the company sits at a $35 million valuation. It has $1.5 million in debt, and about five more months of runway left.