Daily Archives: March 16, 2011

Jawbone has joined an elite group of companies – Facebook, Groupon, Skype, Twitter and Zynga – in receiving late-stage funding from Silicon Valley VC firm Andreessen Horowitz. The stylish Bluetooth headset maker announced a $49m investment, bringing total funding to date close to $100m. No other VC firm took part in the round and Ben Horowitz, Andreessen Horowitz co-founder, will join Jawbone’s board. Read more

After toppling Google in the US in early 2010, Facebook became the UK’s number one website at the end of last year – but only for a day.

New figures from Experian Hitwise, the online measurement firm, found that social networks such as Facebook, YouTube and Twitter then went on to overtake entertainment websites in January, to become the UK’s top internet activity for the first time. Read more

Tech news from around the web:

  • LivingSocial, the daily coupon website and rival to Groupon, is in talks with investors to raise around $500m to help fuel its expansion, The Wall Street Journal reports. The move comes just three months after it raised $175m from Amazon.com.

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