CoTweet, a startup whose software is behind many high-profile corporate Twitter accounts, has raised $1.1 million in a first round of funding. Investors include Baseline Ventures, Founders Fund, First Round Capital, SV Angel, Maples Investments, and Freestyle Capital. The company’s platform provides multiple tools for corporate Twitter users, including the…

Oodle continues to chip away at Craigslist’s domination of the online classifieds market by partnering with much larger sites like *AOL* and powering their listings—but with a new Twitter integration, the startup is making the battle about more than just scale—it’s trying to “make classifieds more social,” according to CEO…

And now for a not-so-negative online advertising forecast: Forrester Research is pegging the U.S. interactive ad market to reach $55 billion over the next five years—meaning marketers will go from spending just 12 percent of their total ad budgets online this year, to 21 percent by 2014. Search and display…

As Gannett (NYSE: GCI) continues to be roiled with huge debt problems, an absent CEO, and hundreds more layoffs across its community newspapers, its digital division appears to be a sea of calm. In fact, to hear Josh Resnik (pictured), Gannett Digital’s VP and GM of the Gannett Digital Media…

Apparently, Technorati is still going. The seven-year-old blog index site once threatened to be to the web’s nascent conversational search paradigm what Twitter Search is now, but has limped along for the last couple of years - plagued by server downtime, broken links, Google (NSDQ: GOOG) Blog Search’s rise and…

Updated: The Michael Jackson memorial service has come and gone, and some of the preliminary stats on online viewing, streaming and social media activity have come in. First up is Facebook, which reports that roughly one million users tuned in through its Live Stream box across CNN, E! Online, *MTV*…

Three recent filings by Amazon (NSDQ: AMZN) at the U.S. Patent and Trademark Office indicate that the company is thinking about additional ways to monetize its print and electronic book sales by possibly including ads in books and by creating some sort of Kindle-related social network. The filings: —Advertising in…

It was almost inevitable. This time last year widget-maker (because that’s what they were called, then) Slide was sitting on $50 million worth of new funding from Fidelity and T-Rowe Price. Now, the S.F.-based startup is slashing its sales force, GigaOm reports, in what CEO Max Levchin says is a…

Missed this during my travels—Rupert Murdoch admitting to fault for the way MySpace morphed into an overgrown company in need of a massive trim. The News Corp (NYSE: NWS) chairman and CEO told TheStreet.com he hasn’t given up on global ambitions for the social network: “We’re just getting first things…

News of Michael Jackson’s death crippled sites like Twitter and even *Google* News when it broke—while others like *Yahoo* were able to handle the record traffic surges without much incident. But with millions of people ready to live stream, tweet and otherwise tune in to his memorial service online tomorrow,…

Left-of-center political news blog TalkingPointsMemo has received its first outside money, from Marc Andreessen and other angel investors, according to TC. The amount is small, and pegged between $500K to $1 million. The investment from Andreessen, his second in a blog network (the first being Business Insider), is a personal…

Facebook board member and venture capitalist Marc Andreessen tells Reuters that the social network will bring in more than $500 million in revenue this fiscal year. That’s far more than some had forecast. eMarketer, for instance, said earlier this year it expected the social network to bring in $230 million…

»  Welcome Disney-ABC’s first entry into the Hulu Universe… Grey’s Anatomy! [Broadcasting and Cable] »  How Federated Media’s CEO search going? Still early stages, Battelle says. As for buying something, here’s what he says: “We’d consider owning an asset that might feed that whole portfolio. There are assets that one…

To add to the legend of Twitter’s service problems: The day the microblogging site accidentally suspended some users’ accounts. After multiple reports on Twitter and elsewhere that accounts had been suspended for seemingly no reason, Twitter acknowledged the problem on its status page late Sunday evening (via Mashable): “We regret…

»  The Economist attempts to lure back UK readers with a new cinema ad, trying to recreate the cool aura it has in U.S. [WSJ] The ad below: »  Allen & Co. media mogulfest is next week, y’all. Deals, perhaps, maybe. [THR] »  This year at the Allen & Co…

The search for a new CEO for also-ran online video site Dailymotion has ended, as Cédric Tournay (pictured) has agreed to take the reins of the Paris-based site, the company said in an e-mailed announcement. Tournay is the former CEO of European health portal Doctissimo.

»  *Amazon* taps its inner *Apple*, but Apple (NSDQ: AAPL) could be the one to stop Kindle’s march cold. Great read. [FastCompany] »  Deconstructing Malcolm Gladwell: “We hate most in others that which we fail to see in ourselves.” Anil, I love you, man. [Anil Dash] »  MySpace and other…

Al Gore-backed Current Media enticed multiple ad agencies to tweet for its business in April, but now the attention-grabbing idea has been shelved and the executive behind it is gone—as the digital media company reevaluates whether it even needs an ad agency at all. VP of brand Jordan Kretchmer hatched…

The Inside Word is a weekly feature that looks at compelling industry debates and discussions unfolding on the blogs of employees at digital-media companies. Poster: Raj Kapoor Blog name: the vc in me ... Company: Mayfield Fund Backstory: Kapoor, a managing director at Mayfield Fund and co-founder of online photo-sharing…