As the deadline for applications for the latest Y Combinator start-up showcase nears, GeekWire reports that survey of 52 venture capital firms raised $1.72bn during the third quarter, a 52 per cent decrease in dollar commitments on the same time last year. The survey, by Thomson Reuters and the National Venture Capital Association, says the latest total is the lowest for eight years.
Mobile devices now amount to almost 7% of all US web traffic, Apple Insider says. According to a report by comScore, Apple’s iOS mobile operating system takes up a 58.5% slice of all mobile traffic, with the iPad now accounting for more traffic than iPhones. Read more