Godspeed on That Investing Thing, Yertle–But I Still Have Some Questions for Your Boss, Arianna

Would it surprise you to know that BoomTown doesn’t really care anymore if TechCrunch editor Michael Arrington sidelines as a blogger while he makes investments in tech companies his tech news site covers? Especially after reading his post yesterday that made a good argument about who he is and, frankly, who he has always been. But that does not mean his boss, AOL content head Arianna Huffington, doesn’t have some ‘splainin’ to do.

Investors Write Doxo a $10 Million Check to Help Eliminate Paper Bills

Doxo, which is trying to help customers and companies go paperless, has raised $10 million in a second round of funding.

Most Top Banks Have an App for That

The era of being afraid to bank on mobile phones seems over–at least from the banks’ point of view.

A Delay for the Daily: Apple, News Corp. Push Back Launch Date

Turns out you’ll have to wait a bit longer to see The Daily, Rupert Murdoch’s long-awaited iPad news service. Apple and News Corp. have made a joint decision to push back next week’s planned launch. The delay is supposed to give Apple time to tweak its new iTunes subscription service.

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Another Personal-Finance Site Runs Out Of Money

Rudder Inc. launched two years ago among a crop of promising personal-finance start-ups including Mint Software Inc. and Wesabe Inc. While Mint went on to a successful exit, selling to Intuit Inc. for about $170 million, Rudder has joined Wesabe as a Web 2.0 flameout.

The Numbers Behind the World’s Fastest-Growing Web Site: YouTube’s Finances Revealed

Life before Google for Chad Hurley and Steve Chen: Lots of users, not much revenue, and big costs that got bigger every month. Don’t try this at home!

Another Big Bet on Mobile Payments: Boku Raises $25 Million

Is there big money in mobile payments–systems that let people buy stuff using their phones? Not yet, perhaps. But investors are betting there will be. Latest example: Boku, a mobile payment start-up that raised $13 million last June, has added another $25 million via a C round led by DAG Ventures. Benchmark Capital, Index Ventures and Khosla Ventures are all re-upping.
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Amazon Shows Time Value of Money

Just how long can Amazon put off paying its bills? It’s no secret that Amazon’s financial success is partly based on its ability to take in money for selling merchandise before it has to pay suppliers for those goods. But lately Amazon has gone one better: steadily lengthening the time it takes to pay suppliers. That has been a factor behind the retailer’s soaring cash flow.

Spotify Promises a TV Service (in Sweden, of Course)

Spotify, the streaming music service Americans love talking about but can’t actually use, has given us even more to chat about: The company now promises to roll out some sort of TV service…some day. Where? In Sweden, of course, which is where Spotify started, and which acts as a sort of test lab/best-case-scenario provider for the service.
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