Author: David Lux

Posterous, the creator of a simple blogging service via email, has dramatically shifted its focus. The company now revolves around a new product called Posterous Spaces, which allows users to privately share photos and videos with friends or family. With Spaces, Posterous will compete less with other blogging platforms, such as Tumblr. This could be a wise move for Posterous considering that Tumblr just announced it had surpassed its 10 billionth post, and over the past year the service had grown from 7 to 28 million blogs. At one time, both microblogging services were growing at a similar pace,…

According to Bloomberg, AOL and Yahoo are reportedly in talks regarding a possible merger. The report comes just three days after the dismissal of Yahoo’s CEO, Carol Bartz. AOL CEO Tim Armstrong says talks have started to gauge interest in a possible merger to strengthen both companies. Armstrong previously expressed interest in a merger with Yahoo, but then CEO Bartz quickly rejected the idea last year. Both AOL and Yahoo were once Internet pioneers, but they have been struggling to compete against the likes of Google, Facebook, and others. These struggles will make a deal unlikely, especially…

The romance between Twitter and Bing will continue. The two announced the renewal of their real-time search partnership, fittingly enough, via Twitter late yesterday. Over the course of their back-and-forth tweets, Twitter and Bing reminisced about their past two years of working together and agreed to continue their partnership, alluding to “bigger and better things” to come. Twitter and Microsoft first teamed up in 2009, making Bing the first major search engine to have access to Twitter’s “Firehose” of tweets. Google also partnered with the popular social media service, but…

Michael Arrington, the founder of TechCrunch, will be stepping down as managing editor of the popular the technology blog. However, he won’t be straying from the technology space. Arrington will be starting a new fund, aptly named CrunchFund, to invest in early-stage start-ups — many of which will undoubtedly continue to be covered on his popular blog. Arrington’s partner in the fund is Patrick Gallagher, who has been a partner at VantagePoint Capital Partners since 2008. “Mike will run the fund and will continue to write for TechCrunch, but will have no editorial oversight,” said…

Wacom is the undisputed leader in making tools that allow freehand art to become digital graphics. However, Wacom tablets don’t replicate the same feel as sketching on a pad of paper. After all, pen (or pencil) and paper is more for fluid and portable than a bulky Wacom tablet. However, with Wacom’s new Inkling, digital artists can now have the best of both worlds. Using a pen and a receiver, your penstrokes on any piece of paper can be captured and uploaded to your computer for use with graphics applications like Photoshop or Illustrator. “Inkling’s inspiration comes from a desire to give artistic…

Evernote, LinkedIn, Mint….Walmart? The retail giant is now among Mountain View’s leading startup companies following its purchase of Kosmix, the company behind real-time Twitter filter site TweetBeat, medical search engine RightHealth, and topic-specific engine Kosmix. The company has now been transformed into Walmart’s @WalmartLabs division, which aims to create technologies and businesses around social and mobile commerce. Kosmix founders Venky Harinarayan and Anand Rajaraman, as well as the entire Kosmix team, are expected to stay on-board as part of the newly formed…

Although the $1,400 price tag for Sony’s all-new high-end binoculars is a bit steep, the DEV-3 and DEV-5 are anything but ordinary binoculars. These are the world’s first digital binoculars to record in 1080p HD. They can also snap 7.1 megapixel stills. Both the DEV-3 and DEV-5 include two Exmor R CMOS sensors for native 3D video capture, dual f/1.8-3.4, 0.5-10x optical zoom lenses, and a pair of 1,227-dot viewfinders. The binoculars also feature the same image stabilization system found in Sony cameras and camcorders. The pricier DEV-5 also gets a 10x digital zoom, GPS, and accessories…

The world’s largest social network, Facebook, is planning a number of acquisitions that will improve site design and advance mobile features. The company is moving quickly to increase the amount of time users spend on its site, but the company is also eager to launch improvements in response to growing competition, specifically Google+. Facebook is also hoping to make the site run smoother and more reliably. Since its userbase has grown to more than 750 million, Facebook needs to support its growth without adding to the site’s complexity. In total, the company has made 13 acquisitions…

Boeing has just wrapped up the final tests needed to certify its new Rolls-Royce-powered 787 Dreamliner. Although the 787 faced well publicized delays, Boeing is now preparing to make its first deliveries next month. Boeing has more than 800 orders for the $185.2 million 787 on the books. More than 200 orders are for the “stretched” 787-9 variant, which can carry up to 290 passengers. “We are very pleased with the performance of the airplane during the Function & Reliability and Extended Operations testing over the last month,” said Scott Fancher, vice president and general manager of the…

The Cadillac Converj Concept made its debut at the 2009 Detroit Auto Show and caused quite a stir. Its sleek lines and innovative electric powetrain helped steal the show. But plans to build the car have been on hold, until now. This week, Cadillac confirmed that the Converj Concept will become a reality in the guise of the upcoming ELR. Using technology from the Chevrolet Volt, the angular ELR coupe will be a performance-tuned extended-range electric coupe that may give Teslas a run for their money. “The concept generated instant enthusiasm,” said Don Butler, vice president-Cadillac Marketing….