Think secures $47M, will begin making electric cars again soon
Think, the Norwegian maker of cute, recyclable electric cars, suspended production last December after running out of money. But the company has emerged from court-protected bankruptcy with its debt restructured and $47M in new funding led by U.S. firm Ener1, Finnish Valmet Automotive and Norway’s… Continue Reading
Electric cars disappointed in 2008 — and 2009 won’t be different
The Detroit Auto Show is underway, and the world’s most famous vehicle brands are touting the next generation of cars. And although yesterday’s fervent promises of hydrogen-powered vehicles have mostly fallen away, they’ve been replaced with new promises, this time centered around the idea of… Continue Reading
Roundup: Agami shuts down, Amazon’s new book-site collection, and more
Toyota working on Segway killer — The transportation robot is called Winglet and comes in three sizes. See screenshot, via ZDnet.
Network storage company Agami shuts down — The Sunnyvale, Calif. company raised $85 million and competed against companies that went public, including 3Par. The shut-down was sudden,… Continue Reading
Roundup: Digg’s deal, Facebook, Stage6, AideRSS, Toyota’s plug-in, Google & more
Here’s the latest action:
Digg, the news-ranking site, signs big advertising deal with Microsoft — It is similar to the one signed by Facebook with Microsoft, says co-founder Kevin Rose.
Divx to spin off its Stage6 video-sharing site: Stage6, a site featuring user-created videos that uses technology from… Continue Reading