Roundup: Uber closes down, Yahoo speaks on Yahoogle and more
Uber, an also-ran social network turned microblog platform, closes down — Investors included Universal Music Group and Sterling Stamos Co-Investors fund. The company claimed that it closed down due to economic issues, as you can read on its site. More on PaidContent.
Mobile payment company Transaction Wireless raises $2.25 million — Funding comes from Mission Ventures and Okapi Ventures.
House debates about how its members can use web video, devolves into childish squabbling — The Senate has already avoided such… Continue Reading