Exclusive: Japan’s Rakuten Wins the Heart of Pinterest in $100M Funding Race With $1.5B Valuation

The largest e-commerce site in Japan is about to get pinned by Ben Silbermann in massive funding round.
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Amazon Softens Stance on Taxes

Amazon.com Inc. reached an agreement with Texas officials Friday to begin collecting sales taxes in the state starting in July and appears to be backing away from its long-held opposition to tax collection in states where it has warehouses and other facilities.

First Class Ticket: Social Travel Start-Up Gogobot Raises $15M in Funding at $70M Valuation

Around the world in $15 million.
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Gogobot Goes Mobile With New iPhone App

The innovative social travel site Gogobot is unveiling its iPhone app today.
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Gogobot Unveils Flipboard-Like Web Travel Scrapbook

The social travel start-up Gogobot has launched an eye-catching new feature to its site to allow users to make visually striking collections of their destinations on the fly. Get it? A travel site and on the fly!
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Groupon Updates Privacy Rules, Including on Mobile Tracking and Sharing of Personal Information

Groupon sent out emails to its users this weekend, about changes it has made to its privacy statement and terms of use. Among the most notable changes is more information about the Chicago-based social buying start-up’s collection and use of mobile location information. In other words, if you let them, in order to improve the experience and make the app more useful, you’re being tracked.
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France to Google: Your CEO Is a Hamster and Your "Rogue Street View Engineer" Smells of Elderberries

It’s a pittance to Google, but the $142,000 fine France’s data privacy regulator slapped the company with today for inadvertently harvesting consumer data with its Street View cars does set something of a precedent. Meted out by France’s Commission nationale de l’informatique et des libertés, or CNIL, the sanction is the agency’s highest ever and the first penalty levied against Google for data collection practices that have drawn complaints from dozens of countries.
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Lawmakers Would Like a Word With Google's "Rogue" WiSpy Engineer

Add two more names to the growing list of lawmakers crying foul over the Google WiSpy debacle. In a letter to FCC Chairman Julius Genachowski, Reps. John Barrow (D-Ga.) and Mike Rogers (R-Mich.) urge the agency to conduct a full investigation into the inadvertent collection of user data from unsecured Wi-Fi networks by Google’s Street View cars.

Custom Shoe Site Milk & Honey Gets Tripped Up After TV Spot

Milk & Honey, a Web site started by two sisters that lets women design their own shoes, is back online today after its business came to a screeching halt after making a rare appearance on E! News.

Viral Video: The British Library's Stiff Upper App

Here’s a very classy video of an app called Treasures from the British Library–from the original version of “Alice’s Adventures in Wonderland” to Nelson’s battle plan for Trafalgar.