Y Combinator will be partnering with Yodlee in order to provide their services to Y Combinator-based startup's. Yodlee makes a tool for personal financial and payments data management.
Abiquo, an enterprise cloud management software provider, has raised roughly raised $10 million in the Series B round of funding. The round was led by Balderton Capital, with other investors Nauta Capital and Eurecan also participating.
Facebook was valued at $50 billion. This figure is based on a recent auction on SecondMarket.
The European Commission is investigating Google, after complaints from sites that believe rankings have been compromised. The investigation will center around sites like, Foundem, Ciao, ejustice.fr, and the possibility that the rankings of these sites were artificially lowered.
Vostu, a leading social gaming company based in Brazil, 
Totsy, a private sale site for parents of young children, raised $5 million in Series A funding. The round was led by DFJ Gotham and Rho Ventures.
A report by Juniper Research predicts that the revenues made by mobile games , globally, may surpass $11 billion by 2015. That number would be almost double the revenues of 2009.
Chris Hughes, one of the co-founders of Facebook, launched a new site, Jumo. Jumo is a social network centered around charities. The site is entering its beta today. The site helps users to discover causes and follow specific charities.
Vator's own Faith Merino explains why a Google acquisition of Groupon makes sense. She examines how it will benefit both parties.
