Web 2.0 shakeout continued: What’s up at Insider Pages, Backfence, Meebo, others?
(Updated, rumor that Backfence is shutting down is wrong, see fresh post here)
Roelof Botha is one of the hotter venture capitalists these days. The Sequoia Capital venture capitalist led that firm’s investment into video-sharing site YouTube — and saw that company sold within a year to Google for $1.65 billion.
Now he’s apparently reviewing the progress of his companies. Palo Alto’s Meebo, the site that lets people use integrate their instant messaging service online, has been… Continue Reading
Video retrenchment begins, Juice Wireless going for broke
(Updated with substantial clarifications from Juice co-founder Nick Desai)
Juice Wireless, the New York mobile video-sharing start-up, is still on hunt for financing, raising questions about its prospects amid a retrenchment hitting the video sharing industry in the new year.
Juice is raising a roughly $3.5 million round of financing, now calling it a “bridge” to raise even more capital — in recognition that competition has raised the stakes, and will require more resources.
A month ago,… Continue Reading
CNBC relaunches with extensive live programming and video
Beginning today (Monday), CNBC is relaunching its web site, so that you can watch the programming from your computer — and it’s adding hours of live video not available until now.
To see all there is, go to the site and click on the various tabs. The company took us through a feature demonstration last week, and it’s extensive. CNBC has hired 55 more reporters and others editors for this; they’ll be posting 75 new… Continue Reading