Apple announced just a few hours ago that it’s new music-centered social network Ping has surpassed 1 million users in a mere two days. While the announcement may seem impressive, if you consider that iTunes has over 160 million accounts tied t...

Classifieds listing service Oodle has raised $1.5 million of an expected $3 million from Greylock Partners and Redpoint Ventures, according to a filing with the SEC. The San Mateo, Calif. company operates its own online classifieds network and powers...

Campbell, Calif.-based FastPencil tries to democratize the book world with Web-based book creation and publishing tools. Now it’s trying to go up-market with a new publishing initiative called FastPencil Premiere. The new service is based on Fa...

ClearCount Medical Solutions, a company that uses RFID chips to count and track surgical sponges, has raised $5 million in a second round of funding. Based in Pittsburgh, Penn., the company’s technology is used to prevent surgeons from leaving...

Bad buzz over a faulty service can exact a price from an Internet giant. But what’s the real cost? Google has settled with plaintiffs over the privacy concerns stirred up by its attempt at a Twitter-like social network, Buzz, to the tune of $8....

File-transfer startup YouSendIt, which allows users to bypass the limits that most email services put on file transfers, announced it raised an extra $15 million in its fourth round of funding on Friday. New investor Adams Street Partners led the rou...

As it adapts to changes on Facebook’s platform, Offerpal Media has named Mihir Shah as its new chief executive and president. Shah replaces George Garrick, who served as CEO since last fall. Garrick will become executive chairman. Garrick himse...

Nice timing. Just a few hours after The New York Times reported that YouTube’s ad revenues have grown to the point that the Google-owned video site will be profitable this year, I spotted a video that demonstrates some of YouTube’s potent...

Silicon Valley entrepreneur Rajesh Setty wrote a book — then used it to lure in customers, one of whom came through with a $1 million deal. Being a thought leader isn’t just about marketing yourself as a thinker. It’s about creatin...

YouTube remains one of the big question marks in Google’s finances. Every time the Google-owned video supersite comes up, executives make vague statements about how it’s not profitable yet, but could be soon. But it looks like that could...

Twitter CEO Ev Williams posted a blog entry Thursday with an update on the microblogging service’s usage, which continues to grow sharply. More interesting than the numbers, though, was the message written between the lines: Twitter now has 145...

Duke Nukem Forever is perhaps the iconic vaporware title after being in developmental hell for more than a decade… until now. Take-Two Interactive announced today that Gearbox Studios, the studio responsible for Borderlands, will finally pick u...

The Internet is continuing its march into TV’s backyard, this time taking charge at live TV broadcasting as use of live streaming sites exploded in 2010, according to data from comScore. Time spent watching live streaming services like Ustream...

Google is apparently in talks with record labels to populate its upcoming music store and streaming service by Christmas, sources familiar with the matter tell Reuters. That Google is working on an iTunes competitor is no big surprise — we saw...

Earlier this week, Google launched Gmail Priority Inbox, a new feature that will automatically sort your mail to combat email overload. The feature began rolling out to users on Monday, and as of today, it’s available for all Gmail users (inclu...