Roundup: Balderton’s new fund, Google’s “environmental impact” and more

Venture Beat — Mon, 12 Jan 2009 20:09:58 -0800

Here’s the latest action:

Balderton Capital raises $430 million fund to take advantage of downturn — The London-based firm tells the Financial Times that “[p]art of the reason for raising this fund now is to take advantage of the opportunities that this stage of the cycle throws up.”

Delicious creator Joshua Schachter joins Google — Yahoo bought his social bookmarking service, Delicious, in 2005 — but he left in June, citing issues getting anything done at the company. Now he’s at Google.

Social gaming site Cafe.com sells Boonty digital distribution service to Nexway — GigaOm has more.

Apple and LG Displays ink five-year deal — LG will provide Apple with LCD displays; Apple has already paid LG a $500 million advance.

Google searches don’t have a significant environmental impact — Despite a report to the contrary in the Times of London.

AOL launches MediaGlow, plans to buy more blogs — It’s the company’s newest effort to define itself on the web. It plans to add 30 more niche sites to the 75 it already has. The New York Times has more (and here’s Silicon Alley Insider’s skeptical take).

Newspaper startup wants to print blogs — Wired has more on this countercyclical idea.

Game retailer GameStop saw strong ending to ‘08 — The chain posted in $2.8 billion in revenue in the last two months of 2008, beating its revenue from that period the previous year by 22 percent. In other words, game sales did pretty good holding off the recession.

Goldman expects zero growth this year for enterprise software — Matt Asay has more over at CNET.

[Schachter image via Technology Review]

The Industry Standard - Roundup: Balderton’s new fund, Google’s “environmental impact” and more - Comments

Roundup: Balderton’s new fund, Google’s “environmental impact” and more