YouTube Launches Elections Hub
YouTube has launched its Elections Hub, a video portal that will capture relevant political videos from around the Web and cover key election moments via live broadcast.
[Source: YouTube]
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March for Innovation: What you need to know
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Former Yahoo exec joins the Tribune company
Shashi Seth, a former top product executive at Yahoo, has joined the Tribune Company as president of digital ventures. He will be based in Silicon Valley and report to CEO Peter Liguori. [Source: AllThingsD]
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Airbnb host fined $2,400
New York City officials originally asked Nigel Warren to pay $7,000 for violating a law that makes it illegal for New York residents to rent out their properties for less than 29 days. A judge dismissed building and zoning code violations, and so lowered the fine to $2,400. [Source: CNET]
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WedPics raises $1.1 million
The Raleigh, North Carolina-based social network specializes in photo sharing for wedding pictures. Participants in the funding round include former Redhat CEO Bob Young and Reverbnation co-founder Jed Carlson. [Source: The Next Web]
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The importance of grit, rules, and discipline
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CharityBuzz auctions chance to pitch to your favorite VC
Weeks after a massively successful auction for a cup of coffee with Tim Cook, Charity Buzz is now aiming right at the heart of Silicon Valley. Up for auction is the chance for people to pitch their favorite VC, with a VC all-stars lineup including like Tim Draper. [Source: VentureBeat]
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Amprius has developed a battery that lasts 25% longer
Venture-backed Amprius revealed today that it has developed a battery for smartphones and tablets that can hold a charge for 25% longer than any other battery out there. The company will be providing the new batteries to unnamed smartphone and tablet OEMs. [Source: GigaOm]
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In Oklahoma’s time of crisis, Sparkrelief is working to unify relief efforts
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Internet Archive nabs $1M donation
The Internet Archive is working on a project to collect and index all broadcasts since the beginning of television. To help with this, the John S. and James L. Knight Foundation have donated $1 million. [Source: paidContent]
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XBox 360 games are not compatible with XBox One
Today marks the reveal of Microsoft’s latest gaming console, the XBox One. At the unveiling, Microsoft disclosed that due to a different chip architecture the One won’t have native compatibility with XBox 360 games. [Source: CNET]
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Jamba Juice and PayPal unroll “order ahead” feature
PayPal and Jamba Juice are expanding their partnership with a new mobile feature. Now customers can place orders on their phones and pay with PayPal ahead of pickup. [Source: AllThingsD]
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France Telecom to invest 30 and 50 million euros in Dailymotion
France Telecom has disclosed its plans to invest up to 50 million euros in its video-sharing website Dailymotion. While rumors of Yahoo buying a stake in the company persist, France Tel claims “the door is not closed.” [Source: Reuters]
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Best Buy reports another quarterly loss
Best Buy has reported its quarterly earnings, showing another revenue loss. Online sales, however, have improved. [Source: AllThingsD]
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It's damn hard to build an enterprise company
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Intel taps former Apple and Palm executive for new devices unit
After news that Intel is spearheading a new devices unit, word has come that the unit will be led by Mike Bell. Bell, who’s been working at Intel’s mobile chip business, has also worked at both Apple and Palm. [Source: AllThingsD]
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“The U.S. court system is currently structured in such a way that it’s currently difficult to get the protections a technology company needs, because the cycle is very long.”
— Apple CEO Tim Cook, on the United States' intellectual property protection environment
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Sprint raises its Clearwire bid
Sprint has raised its bid for Clearwire 14% at the very last minute, in the hopes of getting the shareholders’ approval. After news of the upped bid, Clearwater decided to postpone the stockholder meeting until May 30. [Source: GigaOm]
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Change.org raises $15M in additional funding
Online petitioning platform Change.org has scored $15 million in new funding. This latest round was led by Omidyar Network. [Source: VentureBeat]
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Apple’s brand value is still on top
Despite its stocks taking a huge hit over the last few months, Apple’s brand value continues to dominate. According to an analysis by MarketingWeek, Apple is still the world’s number one brand, and its brand value has increased year-over-year. [Source: BGR]
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Sprint plans to include more BlackBerry devices
Sprint Nextel has more at least one more BlackBerry planned to join its lineup sometime this year. The provider plans to launch the BlackBerry Q10 later this summer, but its director of product portfolio was already quoted as saying there will be more to come. [Source: CNET]
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Tumblr’s David Karp is not a billionaire, but he’s still pretty rich
After Yahoo’s acquisition of Tumblr for $1.1 billion, people took to Twitter writing that Tumblr founder David Karp is now a billionaire. ReadWriteWeb corrects these claims estimating his new worth as $275 million. [Source: ReadWriteWeb]
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“The FCC wireless agenda remains focused. The national broadband plan put the issue of spectrum on the map. And the agency is doing a lot to make more spectrum available.”
— Acting Federal Communications Commission chairwoman Mignon Clyburn
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What are the effects of RelayRides’ New York cease and desist?
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Congressmen: power companies face constant cyber attacks
According to a report released today by two Democratic lawmakers, US power utilities face frequent attacks on critical systems. According to the report, utility providers receive “daily, constant or frequent attempted cyber attacks.” [Source: Reuters]
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Microsoft to include fully integrated SmartGlass in the XBox One
Microsoft revealed that it’s including SmartGlass technology in its latest gaming console, the XBox One. SmartGlass is a second-screen addition that includes companion information about the content. [Source: The Verge]
