Roundup: MyHeritage raises funding, news feed psychology, Bell drops “basic research,” and more

Roundup: MyHeritage raises funding, news feed psychology, Bell drops “basic research,” and more

Here’s the latest action:

Genealogy site MyHeritage raises $15 million — The Israel-based company has grown from 17 million to 25 million registered users over the past year. Investors include Index Ventures and Accel.

High-imaging satellite GeoEye-1 launches — It claims to take the highest-resolution images of any commercially-available… Continue Reading

Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere

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… Continue Reading