The latest media innovation comes from the Knight Foundation and the Mozilla Foundation, as they join forces to promote “quality journalism and media innovation.” The Knight Foundation chose Mozilla as a partner due to its characteristics of popularity, openness and innovation. The two partners will invest $2.5 million in the Knight-Mozilla News Technology partnership aiming ...

Hewlett-Packard has introduced an all-in-one Touchsmart PCs with a dual function; it can be used as a regular desktop, or one with sensory technology and touch-screen interaction–a trend that’s really taken off thanks to smartphones and tablets. With this innovative product, Hewlett-Packard tries to bridge the gap between mobile devices and desktops, a contributing step ...

PPLive has received $250 million as an investment from Softbank, the operation representing the Series D Round financing for the online video company. No other Chinese video company has ever raised such funds, as either public or private investment. The last acquisition of such proportion was Google’s acquisition of YouTube, all those years ago.  The ...

Verizon Wireless, the joint venture  between Verizon Communications and Vodafone since 1999, announced today some record-breaking sales in devices sold in the debut day. Starting yesterday, Verizon Wireless allowed users to pre-order the iPhone ahead of  the official release day and the requests were unexpected. The company refused to disclose the number of unit pre-ordered, ...

Political instability in Egypt and the potential fall of the 30-year old rule of president Mubarak emphasized the importance of social media, the quickest means of communication that enabled civilians to organize themselves and carry out protests against tyranny. The regime did not have a strategic plan of action, at first tried to ban social ...

Google announced today on its blog the latest updates for its Chrome browser, namely WebGL, Chrome Instant, and the Chrome Web Store. WebGL is innovative in bringing hardware-accelerated 3D graphics to the Chrome browser, without the need for additional software. Chrome Instant is a replica to Google Instant and speeds up connection with the desired website. The ...

Social media has been big business for some time, but given the growth of this industry, a burning need to monetize throughout its evolution, and its expansion in the cloud, its potential for curated cohesiveness is playing out in the space’s development and investment.  Given the big data theme of the O’Reilly Strata Conference we ...

TripAdvisor announced the acquisition of EveryTrail, the developer of a GPS-enabled publishing platform to create outdoor tours and city guides for mobile devices.  No information was offered on the terms of the acquisition, but the results raise high expectations. With this acquisition, the millions of TripAdvisor users that access more than 40 million traveler reviews ...

Blinkx, an advanced video search engine, introduced a new TV API (Application Programming Interface) for its 35 million hours of audio, video and TV content.The video network has been amassing a great deal of data on web TV trends, and putting that to good use within an API structure will extend blinkx’s business opportunities, enabling ...

Instagram, the new photo service created for the use on iPhones, has received $7 million funding from Benchmark Capital and reputed Silicon Valley investors such as Twitter founder Jack Dorsey and Quora co-founder Adam D’Angelo. The company, currently four employees strong, will invest the money in hiring engineers and adding features. The founders admit not ...