Daily Archives: December 8, 2011

Jawbone says it has stopped production of its latest product – a health wristband  called UP- and will offer refunds, after numerous devices failed.

The San Francisco company made the unusual offer that customers could both have their money back and keep the product, even if they had no reason to request a refund. Read more

When a company nabs high-profile social networking names like Reid Hoffman of Greylock and Matt Cohler of Benchmark Capital as directors with its B funding round, it’s a pretty good sign that it’s on a viral tear.

Edmodo, which just raised $15m, has taken off in the last year and offers a tantalising opportunity: a way to break into school classrooms. Read more

If you were running Yahoo, what would you do to revive its core internet services?

That question, or something similar, is being asked all over Silicon Valley and the internet industry – not just by the Yahoo board, which is looking for a permanent replacement to Carol Bartz, the ousted chief executive; but also by private equity investors such as Silver Lake and TPG that hope to buy a big stake and bring new leadership to one of the best web brands.

Tech news from around the web:

US telecoms company Verizon and Redbox, the group behind the $1 DVD-rental kiosks, are in talks to provide a film and TV download and streaming service, according to TechCrunch. The service is scheduled for a May 2012 launch. Read more

OnLive has announced a major extension of its console-quality cloud gaming service with a launch on tablets and smartphones.

OnLive, available on PCs and TVs thus far, is releasing a free app for mobile platforms that will allow instant play of touch-enabled high-definition console games over its streaming service. Read more