Shasta Ventures, a Silicon Valley (Menlo Park, Calif.) venture capital firm, has raised another $250 million fund to continue early-stage investing in technology companies.
Limited partners in the fund are primarily returning investors from Shasta’s first fund. Shasta is one of a handful of new venture firms to have launched after the pop of the Internet [...]
Vivendi Universal is the latest giant media company to join the trend of free content delivery — supported by advertising.
For the first time, the company is giving away mobile games, supported by ads inserted with technology from a Silicon Valley company called Greystripe. That company’s AdWrap technology allows game developers like Vivendi to insert ads [...]
So here’s a question: Are we in a bubble when a company can raise $3 million Canadian dollars ($US 3.15 million) to create a new online video destination site?
Is it even bubblier when this company — which is called mDialogue — convinces its angel investors that, in an environment deluged with an incomprehensibly large [...]
4INFO, a Silicon Valley company that lets you search for information using text messaging, has become the official service partner for media giant NBC Universal. It has also received an undisclosed financial investment from the media giant.
While questions remain about how popular text messaging, also known as Short Message Service or SMS, will remain as [...]
A host of Silicon Valley companies led by Google are ganging together to take on Facebook — the social networking company that is the toast of the town right now.
Seeing that Facebook is running away with the lead in social networking, a group of cross-town rivals — Google, LinkedIn, Hi5, Friendster, Plaxo and Ning — [...]