Giga Omni Media has raised another $4.5 million to help it continue expanding. This is quite the contrast to Gawker Media CEO Nick Denton's announcement of cutbacks due to economic "doom" planned for January.Om Malik has now raised $5.8 million since his firms inception. The latest funding round was led by Alloy Ventures, an early-stage venture capital firm.
Sramana Mitra has a post over at GigaOm that plays on her interest in Web3.0, which she defines on her site as the “verticalization of the web around specific Contexts”.
Noteworthy tech blogger Om Malik has been recovering from a heart attack since December 28th, he told GigaOm readers today.
Our news story and analysis "What The Amazon Store Is...And Is Not" got so many links and hits that we thought we'd take a look across the web to see what other's thought of the opening of Amazon's MP3 Download Store.
TheFind.com has reached into its pockets and located enough money to acquire Glimpse.com, a “high-fashion shopping Web site.” In semi-related news, “dog sweater” is one of TheFind’s current “hot searches.”
It's spelled as if it comes straight from the Kaiser, or the Kremlin, and red like the Cold War (which Putin, apparently, is looking to put back in the cooler), and maybe, since it's somewhat communal, this online sharing thing, it's appropriate – Kongregate is being touted as "the YouTube for games."
The heavily-rumored acquisition of social sharing site StumbleUpon by eBay finally came to fruition, with eBay shelling out "an aggregate transaction value of approximately $75 million" for the site.
A supposedly false-alarm that Apple’s Leopard (their next OS) and their much-talked-gadget-phone iPhone being delayed, caused their stock to nose-dive knocking over $4 billion off their Market Cap. This is indeed a phenomenal development in the Blogosphere – a blog article can have that fundamental effect in the real work and real money.
Second Life has inspired numerous other start-ups looking to take advantage of the hype surrounding the user-generated virtual world phenomenon.
While many companies are looking to make a name for themselves with such aspirations, Atari just wants to reclaim its piece of the video gaming pie.
Just what sort of unmitigated chaos has been wrought in the wake of Second Life’s popularity?
Pingdom has done an accounting of the uptime of the top 20 websites on the internet (according to Alexa). Their results show that Google has suffered a mere 7 minutes of downtime thus far in 2007, or 0.00540123332% downtime, and can thus boast uptime of an impressive 99.9945988%.
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