Amazon Sees No Reason to Slow Its Spending

Amazon defended its free-spending habits yesterday in a call with analysts, arguing that it continues to see new opportunities and will invest accordingly.
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Wealthfront Finally Launches, Aimed at Silicon Valley’s “Richie Rich” Newbies

It’s a financial planning tool aimed at geeks.
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Former Color Co-Founder Peter Pham Heads to Former Myspace CEO’s L.A. Tech Studio (Video)

The well-known Silicon Valley entrepreneur joins Mike Jones at Science.
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Warren Buffett Now Owns Some Intel Shares, Too

Apparently over his reluctance to own tech stocks, Warren Buffett now has a small stake in chipmaker Intel, SEC filings show.
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Exclusive: Twitter’s VP Engineering Mike Abbott Departs

According to sources close to the situation, Twitter VP of Engineering Mike Abbott has left the company. He is apparently interested in doing more investing.
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Final AsiaD Speakers: Apple’s Phil Schiller and Former VP Al Gore

AsiaD is now ready for launch, with a little taste of Apple and the Veep.
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More AsiaD Speakers: Sony, Google+, Microsoft, Hollywood, Huawei and Hot SV Start-Ups!

Here’s the latest list of speakers for the upcoming AsiaD conference, which will take place October 19 to 21 in Hong Kong.
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Foursquare Gets $50M to “Make the World Easier to Use”

Foursquare has raised $50 million, mostly from its existing investors, the company announced today.

Exclusive: Myspace in Advanced Deal Talks With Investor Group, Including Activision’s Kotick

And then there was one? According to sources close to the situation, News Corp. is down to one possible investing group in its quest to make lemonade out of the lemon that its Myspace social entertainment hub has become. In the lastest of many scenarios considered, several sources said its owner, News Corp., will continue to own about 20 percent of Myspace. The main bidder is a dark horse bidding group, which includes Activision Chairman and CEO Bobby Kotick as one of the potential investors.
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Marc Andreessen Says There’s No Bubble. But He’s Happy if You Think There Is.

Which is a good thing, since he’s investing in tech companies with sky-high valuations. Still, well worth listening to him.
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Presto Chango: KaChing Becomes Wealthfront