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YouTube co-founders Are Working on a Magazine Publishing Service Called Zeen (Fusible)
Sequoia Set to Lead $500M Valuation Round for Instagram (AllThingsD)
The maker of the fast-growing photo-sharing app, which just made its way to Android, is set to receive $50 million at a $500 million valuation, the sources said. Others joining the round could include DST Global. SocialTimes The mobile app had 30 million users on the iPhone when Instagram finally made its way to the Android market on April 3. The Android app got over one million downloads overnight. PetaPixel Sequoia Capital is the same firm that funded the likes of Apple, Google, YouTube, PayPal, Oracle and Yahoo!.
Rdio is Working on Pandora-like Radio Functionality (GigaOM)
The goal was to “become more like Pandora,” Rdio VP of product Malthe Sigurdsson told us, with one key difference: Rdio’s catalog is substantially bigger than what Pandora is currently offering its listeners. Pandora is thought to have about one million tracks in its catalog. Rdio on the other hand boasts a catalog of more than 15 million tracks. Electronista It will build upon the currently available playlists that can be created based on an artist or groupings of tracks from their friends.
Etsy Hacker Grants: Supporting Women in Technology (Etsy Blog)
Etsy is announcing a new scholarship and sponsorship program for women in technology: we’ll be hosting the summer 2012 session of Hacker School in the Etsy headquarters, and we’re providing 10 Etsy Hacker Grants of $5,000 each — a total of $50,000 — to women who want to join but need financial support to do so. Mashable The initiative should also improve the male-to-female ratio within the developer program. Since the Hacker School’s launch in July 2011, it has only had one female participant.
When The Cops Subpoena Your Facebook Information, Here’s What Facebook Sends the Cops (The Boston Phoenix / Phlog)
We’d never seen an executed Facebook subpoena before — but here we have one, including the forms that Boston Police filed to obtain the information, and the printed (on paper!) response that Facebook sent back, which includes text printouts of wall posts, uploaded photos as well as tagged photos, a comprehensive list of friends with their Facebook IDs (which we’ve redacted), and a long table of login and IP data.
Exclusive Look Inside the New Facebook HQ: You’ll Like This [PICS] (Mashable)
As of last week, every last Facebook staffer has been moved into the new Menlo Park facility, which is almost unrecognizable compared to the way it looked a year ago. We got an unprecedented behind-the-scenes look at what makes Facebook tick — the high-tech booking systems, amusingly-named conference rooms, and premium caffeination facilities.
Twitter-Driven Search Leads to the Rescue of a Carjacking Victim (The Next Web)
Over the weekend Twitter played an integral role in saving a man whose car was hijacked in Johannesburg. The Verge On Saturday evening, two armed men forced him into the boot of his car. Thankfully, he had managed to hang onto his cellphone, sending a text to his girlfriend who took to Twitter to spread the word.
Drag and Drop it Like it’s Hot! (Dropbox Blog)
Wanna see something awesome? If you use Chrome, Firefox, or Safari, you can now upload files by dragging them from your desktop onto the Dropbox website.
Exclusive: Zynga Executive Leaving to Change the Video Industry (PandoDaily)
We watched as social media changed journalism. We watched as it transformed music. Now we’re going to watch as it changes the way that producers and consumers alike interact with and buy videos. Or that’s what Andy Kleinman, the former general manager for Zynga in Latin America, is planning at least.