VentureBeat

Apple’s Steve Jobs dealt setback — Former Apple finance chief Fred Anderson now says Apple chief executive Steve Jobs misled him about stock option accounting. Story here, and statement by Anderson here. Question: Will this bring down Jobs?

Ram Shriram weighs in on FCC vote on wireless rule changes — See the Google investor’s VentureBeat column, where he advocates the FCC should take the first step toward opening wireless standards and access when it meets later today (Wed). He says the innovation gap will grow, if it doesn’t. Separate but related: India added 67 million mobile phone users (WSJ sub required) last year alone, more than the 41 million land lines in the entire country.

Google Maps have limited reach — Indian streets, along with the village masses of the Indian countryside, defy Google’s search for order, and so Silicon Valley venture firm Kleiner Perkins, and its investing scout in India, Ram Shriram, have invested in Mapmyindia, according to Content Sutra. Although even Mapmyindia has trouble in India’s own capital.

Blackberry users get VoIP — Iotum’s Talk-Now feature lets Blackberry users see who in their contact list are available to chat with. Now, Iotum has incorporated Jajah’s VoIP service, letting users make low-cost global phone calls with an Internet call.

…while other phone users can get Blackberry features — Users of Windows Mobile 6 phones, including Palm Treos, will this fall be able to use software from BlackBerry that makes these phones work like a BlackBerry. It will load applications like its push email, phone, address book, calendar, browser and so on. We remember Silicon Valley’s investors dismissing Blackberry a few years ago, saying it didn’t understand software. Despite its recent outage, this company isn’t going away.

FunnyOrDie.com continued — Turns out, the comedy site, run by Will Ferrell and Adam McKay, got its capital from Sequoia Capital partner Mark Kvamme. Kvamme became interested, he tells Forbes, when his 17-year-old son, an aspiring stand-up comedian came to him and said there weren’t any good comic sites online. Kvamme’s explains why this is a venture-backed company: On one hand, you have the talent of Ferrell and McKay driving things but they can only do so much, so you also draw on user generated content and voting to do the rest. (Photo via Valleywag).

Chinese video clones keep coming — Ku6.com has received $5 million from DFJ ePlanet Ventures and some others, according to Bill Bishop. Meanwhile, Tudou.com has raised a very large (for China, and for video) $18 million from JAFCO in its third round of financing, and is reportedly valued at about $70 million. This comes after it got more than $9 million from IDG, Granite Global and others.

Check out Zude — It launches May 1. Mashable says it is a better version of the homepage Netvibes, but it is really just a convenient way to drag and drop any content from the Web onto your page.

Peace between MySpace and Photobucket — The announcement is here, but we don’t know how they resolved it.

The proliferation of Twitter continues — When a company spreads virally, it’s a good sign. Twitter, the service that lets people update their friends with their latest goings-on, is finding itself being pulled into various plug-ins for your browser — from 30boxes’ feature, which lets you share Flickr photos, Youtube video and URLs via Twitter, to TwittyTunes, which lets you send a message to Twitter telling friends what music you’re listening to, with a link back to the song and artist.

Controversial company, PayPerPost, now seeking readers — PayPerPost, the company which pays bloggers to post articles about advertisers, just acquired Zookoda, which gives those bloggers another way to distribute their paid posts to readers. Announcement here. Zookoda, of Australia, lets a bloggers update their readers via email whenever they blog a new post. (Presumably, paid articles won’t draw hordes of readers — so now the strategy is to push the posts on people). Zookoda is the second company that listed on our VentureBoard to be sold.

Updated

Apple has not let us down.

Chief executive Steve Jobs said the company will launch its own phone, dubbed the iPhone, and that Cingular Wireless will provide the phone service, ending weeks of speculation.

It will do much more than make calls and play music. It aims to be a full-fledged smart phone, and is underpinned with some elements of Apple software, such as its Safari browser, which could expose mainstream users to Apple’s eco-system in more varied ways. This may radically rewrite the digital balance of power, what with Apple simultaneous unveiling of its iTV device — which lets you transfer to your TV content from multiple PCs, outside sources, or Websites such as Apple.com. It contains a 40 gigabyte hard drive, and will cost $299 and ship in February.

From the WSJ, which first broke the news:

The iPhone, which is less than a half-inch thick, has no keyboard or dial pad. Instead, it uses a 3.5-inch wide touch-sensitive screen to make calls, watch videos or listen to music. It comes with a two-megapixel digital camera built into the back and can connect to the Internet using Wi-Fi wireless technology.

The iPhone, which will be available in the U.S. in June and later this year in Europe, will come in two versions. A model with four gigabytes of storage space will cost $499, while a version with eight gigabytes of storage will cost $599.

The phone will automatically synch a user’s media — movies, music, photos — through Apple’s iTunes digital content store. The device also synchs email content, Web bookmarks and nearly any type of digital content stored on a computer. “It’s just like an iPod,” Mr. Jobs said, “charge and synch.”

It will detect location, and Yahoo will provide Web-based email, while Google will provide maps — thus ensuring the buy-in of those two companies as supporters of the phone. Jobs says he wants 1 percent of the phone market by 2008. The company is negotiating with Cisco to be able to use the name “iPhone.” Cisco owns rights to the name, and recently introduced its own WiFi phone under the same name.

Here’s more, from the NYT:

iPhone rests heavily on a high-resolution touch screen that makes it possible to use a finger to control the phone. It also has several more subtle features, including sensors that track light and movement to prompt the phone to control screen brightness and physical orientation and other aspects of its operation. For example, when the phone is placed next to the user’s face, the keyboard is automatically turned off.

One of the immediate questions that analysts and industry executives posed about Apple’s new product was why the designers eschewed the higher-speed Cingular digital cellular 3-G network. Mr. Jobs said later models would support additional networking standards.

Apple’s shares soared more than six percent after the announcement. And in a sign that the market sees Apple likely to take market share away from others, shares of smart phone leader Research in Motion, which makes the Blackberry, plunged by about seven percent.