Roundup: Kyte gets more, Microsoft’s ad deal, NetSuite’s golden IPO, more
Here’s the latest (updated) action:
1) Kyte.tv raises $15 million
2) Electric Sheep Company lays off 22
3) FCC receives 700MHz auction applications
4) Microsoft signs $500M ad deal
5) GPS devices fly off the shelves
6) Netsuite sets high price for planned IPO
7) Eric Eldon, celebrity at large?
Kyte.tv raises $15M second round — An online startup that offers a video player allowing near-live communications by video, photo and chat, Kyte has picked up some steam online, attracting a decent-sized audience… Continue Reading
Roundup: Jobster CEO out, Al Gore dominates Bali, Lennon invests, Scoble out, more
Here’s the latest action:
1) Jobster CEO Jason Goldberg out
2) US delegation to Bali pisses off Al Gore
3) Opera sues Microsoft over Explorer
4) VC Heidi Roizen sheds weight while crafting songs
5) The guidelines for online video success
6) Five hundred ways to customize stuff
7) John Lennon’s son invests in MyStore
Most popular search term: iPhone beats Facebook
9) DecentralTV (Kyte) and PermissionTV raise more cash, Podtech on rocks?
Jobster CEO Jason Goldberg out — Jason Goldberg, co-founder and CEO of… Continue Reading
Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere
This year has become the “show-me” year. Internet start-ups showing no traction are getting shut down, or trimmed — abandoned by once wide-eyed investors.
The Web 2.0 bubble is bursting, but VentureBeat agrees with others that this is more like an “oozing.” New, innovative companies will continue to get funding from VCs, but with more caution. Investments amounts in Web 2.0, while booming, are so far nowhere near the absurd levels seen during the 1999-2000… Continue Reading