Walt Mossberg – For iPad and Mobile Devices, a “Port” out of the Norm
While the ground beneath the tech sector’s feet rumbles with layoffs and falling share prices, there’s one online industry that may be weathering the recession: online video. Two funding deals were announced this week: $6 million went to Brightstorm, an online educational video content company, from Korean venture firm KTB Ventures; Blip.tv, in a second round of funding, got an undisclosed amount from Bain Capital, financial backers of LinkedIn and LaLa Media
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