MySpace Events get an upgrade — The network’s new event invite system takes more advantage of users’ social circles. TechCrunch has more.
PG&E smart meters get the green light — The utility will spend $467 million in taxpayer money to install the meters in California homes. The San Jose Mercury News has the story.
Student VC firms feel the burn — The downturn has dried up cash for small university-based venture firms run by students, just like their professional counterparts, reports the Wall Street Journal.
Collaboration comes to Microsoft Office — Covisint has teamed up with the eXpresso Corporation to add document collaboration software to Microsoft Office. Read the release here.
Jon Stewart puts the smackdown on Cramer — During last night’s Daily Show with guest Jim Cramer from CNBC’s Mad Money, Jon Stewart showed a clip of a remarkable interview Cramer gave about how easy it was to manipulate Apple’s stock price — two weeks before the blockbuster release of the iPhone. Here’s a link to the Daily Show segment, where Stewart grills Cramer. But Stewart only had time to show a portion of the embarrassing TheStreet.com clip. Check out the full version below:[youtube https://www.youtube.com/watch?v=ZWVmlxhk-tU&hl=en&fs=1&w=425&h=344]
Massachusetts OKs huge offshore wind farm — Cape Wind Associates’ $1 billion proposed offshore turbine field got tentative approval from state authorities. Read more on Reuters.
Jaiku joins Google App Engine — The micro-blogging platform will now be available as a federated, open-source product through the search giant.
Fisker taps Advanced Lithium Power for electric car batteries — The Irvine-based auto-maker has chosen Advanced Lithium Power’s 22.6-kilowatt-hour lithium-ion battery to power its highly anticipated Karma EV.
Stock market sees biggest weekly gain since November — Stocks rallied for the fourth straight day Friday. Check it out on Yahoo Finance.
3Scale launches API management service — TechCrunch has the details.
U.S. chief information officer already in hot water — President Obama’s CIO Vivek Kundra announced that he’ll take a leave of absence in the wake of the week’s bribery arrests.
Michael Arrington gets out of the startup game — The TechCrunch founder says he will stop making angel investments in the name of journalistic integrity.