Public Intelligence has taken a look at how the US military uses IRC (Internet relay chat) as a favored communications platform, using the service for everything from targeting an enemy to aiding a search operation.
According to a recently filed legal document, Apple has spent $60 million to maintain its constant patent litigation with Samsung. It is now asking the court to order Samsung to shell out $15.7 million. [Source: Reuters]
According to an SEC filing, Benchmark Capital has raised $425 million for its eight fund. In addition, co-founders Kevin Harvey and Bruce Dunlevie were not listed as partners in this fund. [Source: CNNMoney]
After news broke yesterday that AOL was laying off some of its editorial staff, it is now being reported that its editor in chief, Cyndi Stivers, will be leaving as well. She only signed on with the company last May. [Source: New York Post]
SparkLabs Global Ventures, which announced its first fund last October for startups in emerging marketplaces, has made its first two investments. It gave $400,000 to LawPal, a legal services platform, as well as invested $500,000 in a South Korean beauty product startup called Memebox. [Source: TechCrunch]
Twitter wants to make its service more accessible to people who don’t have Internet access on their phones, so it’s partnering with a Singapore-based startup on a service that would allow users to “dial in” to hear a feed of trending topics. [Source: Reuters]
In a Today Show interview, Twitter CEO (and our guest for tonight’s event) Dick Costolo that he wants to use his famous improv skills to woo female comics like Tiny Fey and Melissa McCarthy to use his platform. [Source: Lost Remote]
It’s being reported that Ryan Seacrest has invested more than $1 million in a startup he co-founded that makes an iPhone keyboard. Additionally, he is expected to invest $5 million down the line as the product sees more developments. [Source: AllThingsD]