Daily Archives: February 13, 2009

Twitter’s usage has been soaring into the stratosphere of late; now its finances are receiving a similar boost.

The microblogging service announced on Friday it had closed a funding round led by A-list VC firms Benchmark Capital and Institutional Venture Partners.

The figure is $35m, but there is no official word on what valuation that gives the company. Read more

The victors in the Shorty Awards in New York on Wednesday night – the first celebrating the best users of the short-form Twitter service – were positively rambling in their acceptance speeches compared to Webby Award winners.

The Webbies, also held in New York, for the best websites and services, restrict winners to five-word acceptance speeches – last year Stephen Colbert’s was “Me, me, me, me me!!!”. Read more

No, YouTube hasn’t shut down.

That’s the headline Google chose to put on its blog post announcing that YouTube is about to move onto iTunes’ turf. To be specific: the video site is offering its first experimental video downloads for sale (it first started offering a handful of downloads last month.) Read more