Electric vehicle drive train system maker KLD Energy is looking to raise $10 million in debt and securities, and has closed on a little over $2 million of that round. The startup has planned to build its business via electric scooters in Asia. Read More »
@SYN
EMC launched a slew of new products and a new product line that it hopes will keep it relevant in a changing IT world where cloud computing and products with a more consumer feel are changing the dynamic at both ends of the spectrum. Read More »
MG Siegler notes that few Android handsets run version 2.3, the most current version of Google’s mobile platform, but the argument is disingenuous when he says that nearly 90 percent of iPhones are current. You can’t count minor versions for one platform and not the other. Read More »
Just three days after introducing a new feature that allows users to share their mobile phone number and address with applications and third-party websites, Facebook said late last night that it is suspending the change as it works to clarify the permission process. Read More »
The argument against electric cars is that if the grid is powered by mostly coal, then so are our cars. But the long term goal is to move the grid over to clean power. However, here’s the bumpy road ahead for these transitions. Read More »
Tilera, a chip design firm that’s building a 100-core processor for hugely parallel compute problems, has raised $45 million in funding from investors that include Artis Capital Management, WestSummit Capital Management and Comerica Bank. The company has raised a total of $109 million. Read More »
Database startup Clustrix revealed the identities of four customers today, strong evidence that there’s something to its webscale SQL database beyond the $30 million investment that Clustrix has raised thus far. The customers announced are AOL, Photobox, Box.net and iOffer. Read More »
Apple CEO Steve Jobs will be taking a medical leave of absence from the company to focus on his health, though he will continue on as CEO and still be involved in “major strategic decisions.” COO Tim Cook will run day-to-day operations in his absence. Read More »
The success of The Social Network at the Golden Globes might look like a thorn in Mark Zuckerberg’s side — but in fact it shows how the Facebook billionaire is clever enough to have used Hollywood’s fiction to his own benefit. Read More »
iPad 2 is expected to have a “retina display,” but the pixel per inch count is far less than the 330 found on iPhone 4. That means a future iPhone with 4-inch display could use a retina display while improving the experience for browsing and video. Read More »
GridPoint — the smart grid startup that’s raised lots of money and has a lot to prove — has now raised yet even more funding: a $23.6 million round according to a filing. That brings 8-year-old GridPoint’s total financing to over $240 million since its founding. Read More »
YouTube’s first test of live video last year showed low viewer counts and low-quality, jittery streams. But not to be deterred, it is rolling out a new beta test of YouTube Live, with Revision3′s DiggNation serving as the first big stress test of the service. Read More »
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