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Friday, November 30, 2012

Top Stories of the Day // November 30, 2012

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Today's Top Stories // Nov 30, 2012

R.I.P. Frothy Times, A Return To Normalcy

Whatever it is, it is palpable. A sort of buzz in the Valley that all is not well, and a slight nervousness among entrepreneurs, investors and startup employees... read more

High Profile UK VC Stefan Glaenzer Faces Jail After Sexual Assault Conviction

The London tech startup scene has been rocked today by revelations that a major investor is facing jail after being convicted of sexually harassing women on the... read more

Peter Thiel And Existing Investors Put Another $49 Million In Accounting Software Company Xero

PayPal co-founder Peter Thiel, along with existing investors, has invested $49 million in Xero, the online accounting software for small businesses. It is... read more

Google Play Narrowing The Gap On iOS For Mobile Revenue, But iOS Still Brings In 4X The Money

According to a new report from mobile app analytics firm App Annie, Google's Play software store is gaining on rival Apple's iOS app marketplace. The revenue... read more

The Netflix For Designer Clothes, Rent The Runway Raises $20M From Vogue-Publisher Condé Nast And Kleiner Perkins

Rent The Runway, a Netflix for designer clothes, accessories and jewelry, has raised $20 million in funding led by Condé Nast Publications, with all... read more

Basho's Amazon S3 Compatibility Gets Potent Boost With Replication Capabilities For Riak Cloud Storage

Basho Technologies Riak Cloud Storage (Riak CS) now can be replicated across multiple data centers. The new capability, combined with its existing AWS S3... read more

Two Reasons For RIM To Be Cheerful: U.K., Spanish Teens Still Love BlackBerrys (Well, They're Cheaper Than iPhones)

BlackBerrys are still wildly popular with a certain cash-strapped sub-set of mobile users in parts of Europe: namely teenagers. A wide-ranging research report... read more

Video: How Reddit Was Born

There are only a few founders that I really like and Steve Huffman and Alexis Ohanian are two of them. These lads, with their bright-eyed charm and genuinely... read more

Apple Vets Carriers For 4G Performance Before Allowing iPhone 5 To Be Sold As An LTE Device

Apple wants to ensure that customer experience with its iPhone 5 lives up to what the company is promising, and it will take strong measures to do so, including... read more

Plyfe Brings Its Brand-Promoting Games To Mobile, Raises $750K

Plyfe, a startup that allows brands to promote themselves through games and rewards, is moving onto mobile today — Plyfe games can now be played on the... read more

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