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Internet & Media

Ecommerce spending increased 16% y/y and recorded 5 consecutive months of 10%+ growth, according to MasterCard. Another study conducted by Forrester indicates that despite consuming 13% of total time on the web, Facebook contributes less than 1% to total ecommerce spend.

YouTube announced YouTube Live, a live streaming service for users that will compete with Justin.tv and Ustream.

Google Places and Hotpot are recording 13M local reviews per year, compared to 15M total on Yelp and an estimated monthly growth rate of 600,000.

With 155M tweets recorded daily up from 50M last year, Twitter announced a partnership with MediaSift to enable developers to parse the full Twitter fire hose using 40 fields of data in addition to Klout and PeerIndex scores and sentiment analysis.

Hulu will acquire 1M subscribers at $9 per month en route to generating $500M in revenue, of which 60% will be given to content providers, according to the company.

Zendesk, a SaaS customer support solution, announced 10,000 businesses are using the service.

Dell intends to invest $1B in new data centers to offer customers on demand infrastructure, platforms and services, to compete with IBM and HP.

Data production and consumption is growing at 30 to 40% per year according to UCSD researchers, reaching about 10 zettabytes in 2008.

LinkedIn launched a Facebook Connect competitor, allowing developers to embed LinkedIn widgets into websites, complementing the oAuth identity widget launched several months ago.

Google bid $900M for Nortel Networks’ 6,000 patents related to mobile services, data networking and LTE.

StumbleUpon reports its 3M active users of its total 15M users stumble 1B times per month, on average 33 times per day.

AVG, a privately held free security company, announced a Dropbox competitor, called LiveKive.

Verizon is testing a unicast video streaming solution with 4 of the top 5 video content producers. The service uses Verizon’s IP backbone to convert a stream to 8,000 formats and pushes content to the network edges to reduce total stream traffic by several orders of magnitude.

Mobile

Worldwide camera phone sales will surpass 1.114 billion units (+21%)  in 2011 according to Strategy Analytics.

HTC’s market cap of $34B exceeds both Nokia, $33B and RIM, $29B.

The Motorola Xoom, the first Honeycomb tablet, is estimated to have sold fewer than 100,000 total units to date. The iPad sold approximately 300,000 units its first day.

A recent study by Deutsche Bank revealed Verizon LTE performance is significantly better than other carriers’ mobile broadband solutions and matches DSL price and speed.

Investments & Liquidity

Texas Instruments will acquire National Semiconductor for $6.5B.

Level3 will acquire Global Crossing for $3B, including the assumption of $1B in debt. Level3 has a $2.75B market cap with $0.6B in cash on $3.6B in revenue.

Expedia will spin out TripAdvisor, its cash-cow, into a separate public company.

Dish Network acquires Blockbuster assets for $338M.

Rocket Fuel, a display ad optimization ad network, raised a $6.6M Series C at $160M valuation from Northgate. The company is on a $50M run rate and serves 50M uniques.

PracticeFusion, a free SaaS EMR system raised $23M in Series B from Founders Fund.

Marin Software, a SEO management company, raised $16M from Crosslink Capital.

Legendary Pictures, a producer of films such as the Dark Knight, raised $40M from Accel..

Kiip, an in game ads company, raised $4M from Hummer Winblad.

Xiu, a Chinese luxury goods etailer, raises a $20M inside round from KPCB.

LivingSocial, the second largest daily deals provider, raises $400M from IVP and existing investors at a $3.5B valuation.

Kno, a textbook and tablet company, raised $30M from Intel. As part of the financing, Intel will manage the hardware design, production and fulfillment.

WhatsApp, a mobile messaging client, raises $8M from Sequoia.

Groupalia raises $15M from General Atlantic, Insight and Index.

BlinkX, an online video search company, acquired Burst media, a video ad network, for $30M, of which $4.5M is cash, driving revenues to $65M.

Venture Capital

US venture firms raised $7.7B (+97%) in Q1, of which $3.9B is early stage. These raises were constrained to only 23 funds, the smallest number of funds since 2003. European VC raises fell 50% to $653M.

69% of seed stage investments in 2009 were priced preferred stock rounds and of the 31% convertible note financings, 17% had no conversion price cap, according to a survey from Fenwick.

Andreessen Horowitz raises a $200M growth fund its reserves for investments from its $650M main fund.

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