[Web 2.0 Summit] The Web 2.0 conferenca likely to reflect the economic scrunch

Looks like the Web 2.0 Summit, one of the most influential conferences of our times for the techie world and internet community, is going to be the latest to reflect the economic slowdown and it’s resultant pessimism. Job cuts in the internet industry and venture capital investment would be some of the reasons expressing this pattern. Read more

Solar refrigerators: Promethean Power System gets funding for solar-powered fridge

India-based Promethean Power Systems will soon start its project of building solar-powered fridge after they received a generous funding from the Quercus Trust as finalized this week. Read more

Sky + HD now comes in cute designer cover

The Sky, being an impressive service offering many channels to choose from, is being redesigned not just with one look but with many looks. Actually, four designers were tapped to make their versions of the Sky so you can choose from either Julie Verhoeven, PPQ, Erdem, or Hendry Holland designs. Read more

Nanosolar to make thin-film solar panels

Nanosolar reportedly has already raised $300 million to finally advance the production of thin-film solar panels. It was Nanosolar’s CEO himself, Martin Roscheisen, who made the announcement that they’re done Read more

Silicon Valley crumbling in on innovation?

If you thought the economic slowdown was the only thing that has been hammering Silicon Valley off late, then you’d be in for a surprise if you were to read Judy Estrin’s new book “Closing the Innovation Gap”. In this she points out, that Silicon Valley is running out of fresh ideas, and innovation is at its depleting best, such that if things go on the way they are now, the valley would be in dire straits a decade from now. Now, that is definitely bad news, what say! It’s like getting the skin off a beauty queen. The whole identity is lost then, eh? Read more

Strong allies Ben Horowitz and Marc Andreesen invest in Qik

If you haven’t noticed already, Qik seems to be growing rather ‘Quickly’. Okay, bad jokes apart, Qik, the video streaming company has bagged two allies recently, i.e, Ben Horowitz and Netscape founder Marc Andreessen, who decided to invest in the company. Sure, the amount of money invested is unknown, but as per reports, it is definitely significant. Read more