Following its acquisition of the Huffington Post and the subsequent laying off of 900 employees, AOL announced that Twitter co-founder Biz Stone will now be serving as the company’s Strategic Adviser for Social Impact.
“We would not be surprised to see Apple sell closer to one million iPad2s in the opening weekend,” said Wedbush Securities analyst Scott Sutherland. By comparison, the original iPad took one full month to reach one million units sold, and in its first week, it sold approximately 450-500,000.
Android and Samsung are big winners in the mobile world during the three month period ending at the end of January 2011, according to comScore.
Spigit, provider of collaborative innovation management software for the enterprise, raised an equity investment of $10 million from Warburg Pincus, resulting in $26 million in funding overall since inception.
3D mapping startup UpNext raised a new $500,000 from investors including Chris Sacca’s Lowercase Capital, David Cohen of TechStars, David Tisch and Oleg Tscheltzoff.
Vator Splash is holding its popular evening startup event on May 26 in LA for the first time, with Shawn Colo of Demand Media and Zorik Gordon of ReachLocal.