Kleiner Perkins says it has closed its next $525 million fund 15 and confirms that cleantech-focused investors Ray Lane and Bill Joy will not be leading investments for the new fund. Read More »
Facebook’s hyperinflated valuation heading into its IPO has everything to do with its promise, and very little to do with its actual profits. Here are some numbers we know about Facebook’s infrastructure that speak to its promise perhaps as much as its 900 million users. Read More »
Comcast may have given users a break on Thursday by raising its monthly data cap to 300 GB, but Level 3, the backbone Internet provider and content delivery network, wants people to know that Comcast is still likely prioritizing its Xfinity traffic over others’. Read More »
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More Must Reads
Netflix isn’t satisfied with Comcast’s announcement that the broadband provider is going to raise its bandwidth cap from 250GB to 300GB per month. The real issue, the video service said, is Comcast’s unwillingness to count its own Xfinity.tv service as part of that cap. Read More »
Google is hard at work on a cloud computing offering that will compete directly with the popular Amazon EC2 cloud, I have been told, although Microsoft probably will beat it to the punch. The timing for Google is TBD, while Microsoft should announce on June 7. Read More »
BetterWorks, one of the most known startups to emerge from LA seems to have hit an air pocket. The company which was started by super angel, Paige Craig is said to have laid off close to thirty people and is looking at making some dire … Read More »
A new homescreen app for Android tablets called Chameleon is like widgets on steroids, offering multiple home screens based on time and location. Chameleon is raising funds on Kickstarter, and got my backing right away. After you see the software in action, you’ll understand why. Read More »
With huge anticipation around Facebook’s IPO, we decided look at how other digital media companies that have gone public over the past year have fared. Most have had a bumpy ride — and only one has had steady gains since its stock-market debut. Read More »
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