Edgeio To Shut Down
Edgeio a startup that was founded by Mike Arrington and Keith Teare in 2005 that I covered all along the way has decided to shutdown. This is an interesting development most notably because the popular blog TechCrunch was created after doing market analysis on the Web 2.0 startup space while creating Edgeio. In addition, this goes to show you that even if you have a publicity freight-train like TechCrunch supporting you, you will NOT always be a success. TechCrunch and other bloggers support is important but does not make a business succeed, the actual product and its ability to capitalize or generate some kind of revenue is still key. This is just one example we can all look at as a reminder that not all startups will be successful but the more startups you are involved in the more chances you have for success. I know that probably sounds pretty obvious but I feel that some entrepreneurs only focus on one thing at a time when they should probably be hedging their bets.
Six Apart sells LiveJournal to SUP
Popular blogging platform LiveJournal is changing hands. Six Apart, the company that's been running LiveJournal since early 2005 is selling the site/platform to SUP, a Russian media company.
Google Hints at the Future of Apps
What's Google going to do with its apps?
Another Series B round for MyStrands
MyStrands most noteably known for its music recommendation service this week announced taking another B-round of funding in the amount of about $24 million. All indications are that MyStrands has some bigger "recommendation" plans than simply music. It will be interesting to see how it spends its money.
Music Discovery firm gets $7 million
I thought it was interesting that digital music and visual media analysis software maker Music Intelligence Solutions Inc bagged $7 million in funding from a group of angel investors in the same week that MyStrands got more funding.
Edit your photos! On Flickr!
I have Flickr love because it offers up some great photos and many of my friends use so I can keep track of them via their photos which is kind of like having a personal photo blog. This past week Flickr has added photo editing capabilities by partnering with Picnik who as some excellent editing tools. In testing them out they seemed very slick but my old issue is that you cannot use all the Picnik capabilities unless you want to pay for them - as a paying Flickr user I would expect them to also be part of my services since Flickr has integrated the editing services.
So you’ve Got an Idea. Now What?
Steve Nielsen is the founder and CEO of PartnerUp, a site where entrepreneurs can find business partners, advisors and other business resources, like office space shared how founders can vet their ideas for success potential.
Yahoo! 2007 Top Trends in Search
Yahoo has released it's annual search trends data which is always interesting to analyze.
Cuban sees little movement on Cubs sale
It was confirmed at Blog World Expo that Mark Cuban is definitely interested in the buying the Chicago Cubs. Crains's Chicago Business reports that they are waiting for financial reports to come out in January.
First Jet Flight with 100% Biodiesel
An ex Ukrainian military jet has become the world's first jet aircraft to be flown on pure biodiesel from vegetable oil.
In Japan, cellular storytelling is all the rage
"I typed it all on my mobile phone." Yes, this is correct, it is a new trend to write novels while on the go with just your cell phone or mobile device and your thumbs. Wow, if you thought typing on the Apple iPhone was annoying, could you imagine writing a 142 page novel with it? I could not. I am sure "Blackberry Thumb" and other issues are going to arise.
Cocktail Specials Job Menu Is Back
Back by popular demand, post or find a cool job in the tech industry with the cocktail specials job menu (techcocktail.com/jobs) brought to you by TECH cocktail. Feel free to post full time and part time/freelance gigs for only a dollar a day - cheers to that! ;)