Prof Says Startups Don't Need VC Anymore

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  • US video game sales were down 17% y/y in April [NYT]
  • Business prof says Web startups don’t need VC anymore [NYT]
  • IT budgets are stabilizing [WSJ]
  • Hulu disputes Nielsen’s numbers [NYT]
  • Facebook to update application directory [AllFacebook]
  • FOX stops experimenting with showing fewer commercials [NYT]
  • Web hooligan says he hacked Steve Jobs’s Amazon.com account [epicentre]
  • AT&T boasts about smart phone lead [WSJ]
  • Happy Birthday, 25-year-old Mark Zuckerberg! [Valleywag]

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