Roundup: FriendFinder sued for risky business, Digg toolbar sighted, Nokia looks to laptops and more

Roundup: FriendFinder sued for risky business, Digg toolbar sighted, Nokia looks to laptops and more

Here’s the latest action:

Pirate Bay takes fascist funds — The large bittorrent tracker’s major financier, Carl Lundstrom, has been connected with neo-nazi groups and political parties.

Nortel lays off 3,200 more — The telecom company will cut its global workforce by 10 percent over the next several months… Continue Reading

Roundup: MySpace to launch music service, Wall Street firms crumble and more

Roundup: MySpace to launch music service, Wall Street firms crumble and more

MySpace to launch free digital music service – MySpace Music sounds interesting, but it may not quite live up to Fortune’s declaration that it “promises to be the most significant roll-out of a digital music service since Apple’s iTunes.” Since you have to purchase songs from… Continue Reading

Lehman jumps on Silicon Valley bandwagon: “Content may no longer be king in the entertainment business”

Lehman jumps on Silicon Valley bandwagon: “Content may no longer be king in the entertainment business”

Here in Silicon Valley, it has become a sport to beat up on traditional media companies for doing things like enforcing content copyrights. The argument you hear in these parts goes something like this: The way of the future is for content to be completely free,… Continue Reading

VeriSilicon raises $20M more for chip design technology

VeriSilicon Holdings, a provider of a “system-on-a-chip” design technology, said it has raised US$20 million in a fourth round of financing.

The company is based in Santa Clara, Calif, with operations in Shanghai, China.

The company has now raised US$58 million since it was founded in 2001.

From… Continue Reading