Online grading platform LearnBoost has raised $975,000 in seed funding from an impressive roster of venture capital firms and angel investors including Bessemer Venture Partners, Charles River Ventures, RRE Ventures, Atlas Ventures, Othman Laraki, Bill Lee, James Hong, Naval Ravikant and Karl Jacob. LearnBoost offers teachers an easy-to-use, web-based gradebook. The startup’s software allows for real time...

Foursquare may have a tenuous partnership with Facebook Places— but don’t let the Kumbaya presentation fool you, these frenemies are gunning for the ultimate mayorship and Dennis Crowley is feeling very confident. On Friday’s taping of Gillmor Gang with former TechCrunchIT Editor Steve Gillmor, Kevin Marks and John Taschek, Crowley discussed the opportunity for places, outlined his plan for the...

You’re likely aware of Foursquare, the location-based service that turns checking-in to venues into a game of sorts. You may also be aware of StickyBits, an app that turns barcodes into message boards. What do you get when you combine them? Barcode Hero, a new product by Kima Labs, a startup founded by two Amazon veterans. The main idea behind the service is an app that attempts to make shopping more social. A...

It’s been a big week for YouTube news. On Wednesday, the company launched a new HTML5-based mobile site, as well as the slick-looking YouTube Leanback. Today, during a keynote at VidCon, the site made a few more announcements: YouTube is adding support for video shot in the 4K video format — a very high resolution that clocks in at 4096 x 3072). And it’s also creating a new $5 million Partner Grants pro...

AOL reported another lousy quarter this morning. Even ignoring the $1.4 billion goodwill charge, revenues were down 26 percent and cash from continuing operations was down 44 percent (as was free cash flow). What we are seeing is a very messy transition as AOL shifts multiple lanes from an online subscription business to an advertising one, and at the same time to a new online content production model. AOL CEO...