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 Monday, January 5, 2009 Picasa Hits The Mac Google's photo organizing and editing software, Picasa, has finally hit the Mac, as Google said Monday that it has released Picasa for Mac ahead of MacWorld. Google--which acquired Picasa in 2004--said that all of the advanced sharing and sync features of the popular software are available to Mac OS X users. Google had previously allowed Mac users to upload their photos to Picasa Web Albums using an uploader and iPhoto plugin. The new software runs on Intel-based Macs with OX X 10.4 and above. posted on Monday, January 5, 2009(Full story) Twitter Gets Hacked High profile messaging and micro-blogging site Twitter was hacked Monday, when 33 of the firm's accounts were used by an unknown hacker. The accounts included the Twitter account of Barack Obama, Rick Sanchez, Fox News, and others. According to Twitter, the hack was a result of an individual hacking into support tools used by Twitter's customer support team. The new hack comes on top of a widespread phishing scheme on the site over the weekend, which redirected Twitter users to a false login pag (More info...) posted on Monday, January 5, 2009(Full story) Xobni Raises $7M San Francisco-based Xobni, which develops a plugin for Outlook email, said Monday that it has raised $7M in a Series B funding round. The round came from Cisco Systems, along with prior investors Khosla Ventures, First Round Capital, Baseline Ventures, and Atomico. Xobni's plug-in helps users better manage their e-mail, and also pulls in information about contacts, email history, attachments, and past conversations alongside emails. posted on Monday, January 5, 2009 (More)(Full story) Turin Networks, Force10 Merge Petaluma-based Turin Networks and San Jose-based Force10 Networks said today that the firms have signed a definitive agreement to merge. According to the firms, they will operate under the name Force10 Networks. Financial terms of the merger were not disclosed. The firms said that the new firm will be headed by Henry Wasik, President and CEO of Turin Networks, with Force10 Networks President and CEO James Hanley becoming President, Field Operations. Force10 Networks is a developer of Gigabit and (More info...) posted on Monday, January 5, 2009(Full story) Green Investments Total $2.5B In Q4 Online media firm Greentech Media, which follows the renewable energy and clean technology industries, is reporting today that venture capital investment in the green technology area exceeded $2.5 billion in Q4 of last year, bringing the year's total investment in cleantech to $7.7 billion. The amount was a slight decrease from Q3, when $2.9 billion was invested in the space. Among highlights of the firm's report: solar technology was the most popular area in clean technology, with $1.3B in 29 v (More info...) posted on Monday, January 5, 2009(Full story) Clarus Ventures Names Partners South San Francisco- and Cambridge-based venture capital firm Clarus Ventures, LLC, said this morning that it has named two new partners. The firm said that it has promoted Emmett Cunningham to Partner and Scott Requadt as Transactional Partner. Dr. Cunningham has been at Clarus since 2006, and is a director of SARcode and Observer at FerroKin, Pearl, Taligen and Zogenix. Cunningham is also an Adjunct Clinical Professor of Ophthalmology at Stanford. Requadt has been at Clarus since 2005, and is (More info...) posted on Monday, January 5, 2009(Full story) Intel Backs Mirics Intel Capital is among the venture investors re-investing in Mirics Semiconductor, a UK-based firm developing semiconductors for the RF market, Mirics said Monday. Mirics announced that it has raised $7M in funding, from Acacia Capital Partners, intel Capital, and Pond Venture Partners, on top of an earlier $12M Series B funding round. Intel's involvement in the firm was headed by Marcos Battisti, Mobility Sector Director at Intel Capital. posted on Monday, January 5, 2009 (More)(Full story) Apple's Jobs On New Health Problem Apple CEO Steve Jobs--long the subject of health rumors--released an open letter to Apple's community Monday morning, explaning Jobs recent decision to not keynote the upcoming MacWorld conference. According to the letter, Jobs is suffering from a "hormone imbalance" which has been causing jobs to lose weight this year. Jobs said that the reason for the weight loss has been a "mystery to me and my doctors" until recently. Jobs said that he would continue as Apple's CEO while he recovers from the (More info...) posted on Monday, January 5, 2009(Full story) Seagate Ups Density Scotts Valley-based hard disk developer Seagate said today that it has begun shipping a new 7200 RPM drive which it claims has the world's largest areal density. According to Seagate, its new 1TB, Barracuda 7200.12 HD uses two disks to deliver its capacity, putting its areal density at 329 Gigabits per square inch. The new drive is targeted at desktop PC users and external storage. Seagate said the new 1TB drive provides Serial ATA interfaces, and will also be offered in 750GB and 500GB models. posted on Monday, January 5, 2009(Full story) Eye-Fi Targets iPhone Application San Francisco-based Eye-Fi, which develops a wireless memory card for digital cameras, announced this morning that it has developed a new iPhone application. According to the firm, the new application--which is not yet available--will allow its users to send photos taken on the iPhone and with digital cameras to social networking and photo sharing sites. The firm said it will preview the app at Macworld, but did not give a release date. Eye-Fi is venture backed by LMS Capital, Opus Capital, Shas (More info...) posted on Monday, January 5, 2009(Full story) ooma Extends Best Buy Deal Palo Alto-based ooma, which develops a hardware device designed to connect home phone systems into a VoIP network, said this morning that it has inked a deal with Best Buy to offer its system nationwide in Best Buy's 1,010 retail stores. Financial impact of the deal was not disclosed. The deal is an expansion of a 250 retail location pilot the firm ran with Best Buy in 2008. Ooma's hardware provides free, unlimited telephone service over a user's broadband connections; the firm is venture backed (More info...) posted on Monday, January 5, 2009(Full story) |
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