GigaOM

Hulu has come a long way from its genesis as a “YouTube killer” pie-in-the-sky idea earlier this year. It survived Om’s “NewCo Wreck Watch” to earn a mea culpa and a “brilliant” assessment from our acerbic founder. But the video site — which features mostly NBC and FOX TV shows in full-length streamable glory — [...]

While Om was off gallivanting in Paris this week for a conference, I subbed in for him as co-host of the GigaOM Show. I got to pick a guest from my video beat at NewTeeVee, so we brought in Stanley Burrell, a.k.a. MC Hammer, to talk about his new startup, DanceJam. Roll the tape:
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Social network Bebo is launching a platform of its own, albeit one nearly identical to Facebook’s. The company is also working with Google’s OpenSocial interoperability initiative, which may mean its allegiances get tested down the road.

“To all those saying today is different than the last bubble…well, not anymore,” we wrote when we heard about AGLOCO, a pyramid scheme based on (and founded by some of the same people who worked at) AllAdvantage, which flamed out in 2001 after just two years in operation — and $135 million in venture funding. [...]

StumbleUpon, the social Web service, is doing something pretty cool. No, it’s not going to earn back the $75 million eBay (EBAY) paid for it. But it’s going to start overlaying the information its members have provided about a Web page — whether they like it or don’t, and what they’ve written about it — [...]

Tumblr, a blogging software startup that ascribes to the philosophy that less is more, has raised $750,000 in Series A funding, according to Private Equity Hub. The money came from Spark Capital and Union Square Ventures, with Spark general partner Bijan Sabet joining Tumblr’s board.
Tumblr’s service, Tumblelogs, gives users pared-down tools to set up [...]