Here’s the latest action:
Technorati buys PersonalBee? — We’re hearing these rumors too. Valleywag has more. Technorati, a blog search engine, appears to be drifting, and its strategy here is unclear. But Personal Bee is a way to let people create personal news pages (see our original story on the site here). Reported purchase price: Six figures.
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Why you need lawyers, even early at a start-up — A tale of caution by Dave Winer, who sold his company to Verisign, only to get sued by someone because he hadn’t had the proper legal help, costing Winer $40,000 to defend himself.
Applied Materials builds biggest solar power installation — Google previously held the crown for biggest solar power installation on an existing corporate facility. Now Sunnyvale’s Applied Materials, just down the road, is building a 1.9 megawatt power system.
Green tech buzz continued — Notable story in the NYT about the Silicon Valley ecosytem evolving around green technologies. The “dot-watt” boom. Note also the story in the Mercury News, about how Foster City, Calif. start-up SolarCity is using the Web to round up neighbors interested in installing solar panels. If enough people sign up in a given area, the people get good discounts.
Microsoft confirms it will acquire Tellme — This is a big win for Benchmark Capital, which had the biggest stake in Tellme. Reports say Tellme was valued at about $800 million. Keliner Perkins had the second largest ownership, we’re told. Purchase announcement here.
Was Topix.net smart to pay $1M for Topix.com domain name? — Decide for yourself.
More advertising networks, anyone? — We don’t have enough.
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Does all that gym peddling create usable energy? — No. It’s been bandied about by crackpots over the years: Generate electricity by tapping into all that energy people expend in the gym — on bikes, treadmills, weight-lifting. San Ramon, Calif. company 24 Hour Fitness invested $15,000 to test this. Turns out, if all 13 machines in one Hong Kong gym were in use ten hours a day every day, it would take 82 years to generate enough electricity worth the $15,000 investment. (Story here).
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