The Wall Street Journal is reporting that Twitter is on the edge of raising another $100 million in VC from around seven investors. Just last week the scuttlebutt was that this round was going to be in the range of $50 million but hey, what’s an extra $50 million amongst friends, right?
Twitter, the messaging web site that has become an Internet sensation, is nearing a deal to close as much as $100 million of new funding from as many as seven investors, according to people familiar with the deal.
The investor group includes mutual fund giant T. Rowe Price and private-equity firm Insight Venture Partners, which are new investors to Twitter. The $100 million investment is about twice as much as Twitter was reportedly expected to haul in this latest round of fund-raising.


Microsoft is building a social media monitoring tool called Looking Glass.
Whenever you listen to Google CEO Eric Schmidt, you have to either;
Social media has become the newest and possibly best way to expose just how stupid people can be. Last week we talked about the
All of the talk these days is about smart phones. The iPhone, BlackBerry and Android’s of the world often get the bulk of the media attention but there’s more to the mobile market. AT&T is seeing that as it is now enabling non smart phone users who use ‘older’ phones to see some of the same local advertising that the smart phone people do. Personally, I am not sure if this is a blessing or a curse for those legacy phone users but that’s not for me to decide.
Back in January, we noted that Google was telling 







