Mobile Ad Network Millennial Media Raises $27.5 Million to Fight Apple and Google

Millennial Media has raised a new round of capital today to help it stay independent and fight the Goliaths in the space, like Apple and Google. Will it be enough?

Sprint 4G Phone Hits New Speeds, but Battery Lags

The EVO 4G has a front-facing camera for video chatting, can serve as a Wi-Fi hotspot and offers the highest consistent downstream data speeds around—until the battery runs out.
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Good News for the Cable Guys: Verizon Stops TV Push

Waiting for Verizon to start competing with your cable company for your TV dollars? You may be out of luck: The telco has stopped rolling out its Fios TV service in new cities.

Millennial Media Acquires TapMetrics

Although it has also been rumored to be an acquisition target, after the recent sales of AdMob to Google and Quattro Wireless to Apple, mobile advertising firm Millennial Media is doing some buying of its own. That would be its just announced acquisition of TapMetrics, a San Francisco-based mobile analytics firm.

Voices

Google Wave Invites for Sale on EBay

With Google releasing 100,000 invites to test the beta version of the much-hyped Wave, one enterprising blogger decided to capitalize on all the buzz surrounding the new messaging and collaboration tool by selling his invite on eBay.

Tim Armstrong's 100-Day Vision Quest Nearing End: Party in Dulles! (And Then What?)

Back in April, Tim Armstrong sent a memo to the long-battered troops of AOL about a 100-day vision quest the new CEO and chairman was going on to find out “how to bring back the magic of AOL.” It is now Day 86, and Armstrong is closing in on the end of a Where’s-Waldo commitment that he made then to visit all of the far-flung offices of the Time Warner online unit globally to find out what’s what and what he should do to turn AOL around. BoomTown is eager to see what Armstrong has found out on his trip and what path it will ultimately put AOL on.
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Xohm: No Long-Term Commitments Besides Baltimore Residency

Among the announcements forgotten for a moment amid the shrieks of agony and general keening on Wall Street today, one from Sprint Nextel announcing a single-market launch of Xohm, its new WiMax wireless service. The company lit up Xohm only in Baltimore today, fulfilling its promise to have the service up and running by the end of September. That said, it’s still nearly a year late.

Why I Love the Internet: Part 4,562,992

Here’s what I love about the Internet–a new way to thwart bullies without getting beaten up. This is a video that is getting a lot of play, which shows a really agitated policeman haranguing a 14-year-old kid, who was skateboarding at Baltimore’s Inner Harbor. The officer–a 17-year veteran named Salvatore Rivieri–went verbally ballistic without, as [...]