Tech news from around the web:
- Bulging corporate balance sheets – and a growing reluctance among traditional venture investors such as state pension funds to dabble in risky investments - means that big companies are getting back into venture financing, SilliconValley reports, with nearly 9 per cent of all capital being committed to start-ups last year coming from the corporate sector.
- The New York Times has reported on the backroom decision-making behind its decision last week to announce a pay-wall for its online content.
The announcement last week might have laid out the company’s plan, but it did not end the debate, inside the building or out. ‘On the one hand, I think there is some anxiety around it,’ said Martin A. Nisenholtz, the senior vice president for digital operations, who initially wanted NYTimes.com to remain open and free. ‘On the other hand, I think the model we have chosen mitigates 90 percent of it.’
- It’s Twitter’s fifth birthday today. The Toronto Globe and Mail has provided a history of the micro-blogging site – 140 characters at a time.
From the FT:
