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“New York based SonicMountain, a new startup, has acquired Evan Williams’ Odeo. The announcement will come sometime tomorrow. The price is not being disclosed but is in excess of $1 million, and the deal was all cash.”
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“In TV’s worst spring in recent memory, a startling number of Americans drifted away from television the past two months”
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“Sun has announced that it is adopting OpenID, which provides user-centric, decentralized, URL-based digital identity.”
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Microsoft has bought a minority equity stake in job search site CareerBuilder.com
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EBay Seeks to Add StumbleUpon to Portfolio from the Wall Street Journal brings back the rumors that eBay will be purchasing StumbleUpon.
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“Yahoo has announced that they will be closing Yahoo Auctions in the United States and Canada as of June 16, 2007.”
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“Joost has raised a big round of funding: $45 million. The round included Sequioa Capital, Index Ventures, Li Ka-shing, the Hong Kong tycoon, and CBS…all have taken “small minority” stakes in the start-up’