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Holy Bleep! Blip.fm is in Trouble [GigaOM]
GigaOM Network — ... Blip.fm, a micro-messaging service that allows folks to tweet their favorite songs and create social interactions around music is on life support, according to The Wall Street Journal. The company behind ...

The Bursting of the Silicon Valley Bubble (2009 Edition)
WSJ.com: Independent Street — ... Did I wake up this morning in 2002? A story in today’s WSJ chronicles the rapid demise of high-tech start-ups in Silicon Valley, which are suffering from a funding squeeze and wary investors. ...

First Bytes: Twitter, Startups, Gmail, Microsoft
Tech Observer — ... More tech startups in Silicon Valley and elsewhere are calling it quits, sparking more fears of a slowdown in innovation. [Wall Street Journal] ...

Rut-Roh-Scooby-Doo in Chart Form: Start-ups Start Stopping
BoomTown — ... Here’s a chart from a not-entirely-unexpected story in The Wall Street Journal today, chronicling how the “deepening recession is speeding up the shakeout in Silicon Valley, forcing droves of start-ups to shut down or sell themselves at fire-sale prices.” ...

Sad Times For Startups
Silicon Alley Insider — ... Today's Wall Street Journal chronicles "the shakeout in Silicon Valley," following a few startups (that we'd never heard of, sorry!) as they wind down their businesses or sell them at cut-rate prices. ...

Fuzz.com deadpools, but Blip.fm stays afloat
VC Ratings — ... In a story about struggling startups in Silicon Valley, Fuzz founder and CEO Jeff Yasuda tells The Wall Street Journal he is shutting down the company's broader Fuzz.com site on Friday. The company was originally set up as a social network for bands and music fans. ...

Is the Golden State Losing Its Luster for New Businesses?
WSJ.com: Independent Street — ... Well, it’s no secret that tech companies are harder to start – and harder to keep growing – these days. Silicon Valley is struggling. Meanwhile, ...