Montreal-based StatusNet, the company behind the open-source microblogging service identi.ca, is closing an $875,000 seed round today. Investors include Montreal Startup, iNovia Capital, Fotolia co-founder Oleg Tscheltzoff, and Xavier Niel. The startup, which changed its name a few weeks ago from Control Yourself, raised a previous seed round of $150,000 from Montreal Startup in January, 2009. StatusNet wants to become the WordPress of microblogging. It created an open-source microblogging software platform (formerly called laconi.ca, now called status.net) which anyone can download and run on their own servers. Full story...
Yahoo has just confirmed that it has signed a definitive agreement to acquire Citizen Sports.
Citizen Sports has a range of products related to fantasy and real-life sports, most of which incorporate social features.
As we noted a couple days ago, the so-called "Location War" was essentially an even match throughout the first few days of the SXSW festival in Austin, Texas.
If you can't tell your Belt of Orion from your Little Dipper, Microsoft is here to help. Today it added its WorldWide Telescope application to Bing Maps.
There's no question that Google is setting its sights on taking some of Microsoft's marketshare in the productivity suite space.
Mobile social network MocoSpace now has a count of 11 million members, with 500,000 members forming new friendships every day on MocoSpace.
Yelp has been hit with another lawsuit, the third in a matter of a few weeks. Similar to the previous complaints, this lawsuit filed by Boris Levitt, the owner of Renaissance Furniture Restoration in San Francisco, claims that Yelp's "unfair and unethical conduct in promoting, marketing and advertising its website as maintaining unbiased reviews" is unlawful and hurt his business.
It's hard to imagine a Web sans URL shortening services nowadays but you can rest assured that they're here to stay - for better or worse.
AOL has recruited a few celebrity chefs and foodies; including Curtis Stone, Food & Wine's Gail Simmons, and Marcus Samuelsson; and the famed Culinary Institute of America to launch food website KitchenDaily.
A new startup dubbed nPario and formed by ex-Yahoo and SAS executives opened its business operations today.
In case you haven't noticed, the MacBook Pro line is starting to get a little stale with just a lowly Core 2 Duo CPU.