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Mapping Company Raises Millions
Nov 20 20094:09 pm EDT -
Facebook Valuations Are All Over the Map
Nov 20 200911:30 am EDT -
The Future of Tech, 2010 Edition
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Automatic Pancake-Making Machine Attracts $2 Million in Capital
Nov 19 20094:53 pm EDT -
Apple Talk of Microsoft's Annual Meeting
Nov 19 20091:27 pm EDT -
There Is Still Hope for the News Business
Nov 19 200911:50 am EDT -
The Google Phone May Be Near
Nov 18 20094:10 pm EDT -
Amazon Grocery Service Goes Mobile with iPhone
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How Microsoft Blew It in Mobile
Nov 17 20093:55 pm EDT -
Ten Reasons Why Startups Fail
Nov 17 20092:18 pm EDT
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Maybe Meebo Can Save Time Warner!
Time Warner is on the descent. Meebo is a rising hot Web company. And neither of them have any idea how to make money. What a perfect match.
And so it goes. Meebo announced last night that it will get $25 million in funding from a group led by Time Warner, valuing Meebo at more than $200 million. Now, I love Meebo and use it every day. I wrote this week about how I hope it pulls Facebook Chat into its offering. But Meebo is still trying to figure out its profit-making model and it's beyond a lot of people how it could be worth that much money.
Then again, Xiaonei, "the Facebook of China," this week raised $430 million. Maybe it's all one last gag from the guy who invented LSD.
Anyway, Time Warner needs help. Maybe Meebo will provide it...
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