The Valley’s fuel cell startup Bloom Energy has now raised over $1.1 billion, according to a report. While Bloom has gotten strong traction, particularly with data center operators, fuel cell manufacturing is difficult and capital intensive business. Read more »
First the New York Times rankles Facebook and then they release a new feed redesign; technology is making people richer, though not as many billionaires; Time runs out for Time Inc.; some VCs have problems & Spotify has more new competition; and a few stories we recommend. Read more »
Advanced Equities, a controversial investment group in Chicago, is closing up its broker-dealer operations, reports Fortune. The firm had raised hundreds of millions of dollars for cleantech startups in recent years, but recently settled charges with the SEC, hurting its reputation and costing it $1 million. Read more »
The VC exodus away from cleantech startup investing continues. One of Europe’s most well-known venture firms, Index Ventures, has closed a new €350 million fund for early stage companies and Index partner Mike Volpi tells Fortune that the firm is no longer focusing on cleantech investments. Read more »
Time Inc. reached an agreement with Apple that allows U.S. print subscribers of Time Inc.’s magazines to get access to iPad versions for free. Instead of paying $4.99 per iPad issue, digital and print editions instead now cost about $0.28 per month via print subscription. Read more »
Fortune magazine today has joined the cavalcade of mainstream media outlets which have confirmed that a Verizon iPhone is in fact a certainty. And it’s coming in 2011, so in case you had any lingering doubts, banish them. Read more »
Want to know how one of the first Google TV devices looks like on the inside? Well, you’re in luck: iFixit just published a Logitech Revue teardown, revealing that the hardware that makes Google TV work isn’t really all that different from a plain old netbook. Read more »
