The European Union will decide this week where the €2.4bn shortfall in funding for the Galileo GPS satellite system will come from. A meeting on September 19th is expected to suggest that the cost is...

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Scrybe, the online/offline calendar and organizer, has closed their series A round of financing from Adobe Systems Incorporated and LMKR. You"ll probably recognize the company from the somewhat viral product demo that swept the blogosphere...

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Internet-based TV service Joost said it has raised $45 million from five investors: CBS Corporation, Viacom Incoporated, Sequoia Capital, Index Ventures (a European venture capital firm) and Li Ka-shing (chairman of Hutchison Whampoa Limited and...

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Firefox advocates" call for donations to pay for an advertisement in The New York Times has more than reached its target, only three days into the campaign. The campaign, run by Spread...

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The unused portion of a grant from the Defense Advanced Research Projects Agency to fund development of the open-source operating system OpenBSD has been pulled for unspecified reasons. The project"s leader, Theo...

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Sistina Software, a start-up with software to help numerous Linux servers collectively share a single set of data, has obtained $10 million in venture funding, the company said Monday. The Minneapolis-based company"s...

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