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First Bytes: MacBooks, Google, Mozilla, T-Mobile, Yahoo
Tech Observer — MacBook owners up in arms over new copyright software. [PaidContent] IRS looking at Google/Mozilla relationship. [Slashdot] Google kills Lively, it's browser based virtual worlds. [TechCrunch] T-Mobile picks Yahoo for its mobile portal. [SiliconAlleyInsider] VC cash crunch likely to get worse. [SiliconAlleyInsider] --Andrea Chalupa Related Links T-Mobile Using Google to Sell Its "Dream" Google Extends Web Search Lead Android Today, Total Upheaval in Cell Phones ...

Cash-Strapped VCs Dumping Stakes At 10-60 Cents On Dollar
Silicon Alley Insider — ... fund that was raised in 2000 and which already has collected on all the capital pledged by institutional investors. If Battery uses the fund's remaining cash too quickly, "we could end up having a shortage in the fund in mid- to late-2009," he says. To prevent a crunch, he says the firm is now pruning the fund's portfolio, a process that will leave more cash for the start-ups that make the cut. See Also: The Cash Panic Sweeping The VC Industry VC Cash Crunch Likely To Get Worse ...

Kleiner Perkins Looking For More Cash
Silicon Alley Insider — ... in order to have cash on hand in case it needs additional follow-on capital. It also has reopened fundraising for a pair of funds initially closed last year: The $700 million Fund XIII and the $500 million Green Growth fund. Moreover, the Green Growth fund is now open to limited partners that have not previously invested with Kleiner Perkins, which is a pretty big deal from a legacy access perspective. See Also: Why VCs Aren't Investing Anymore VC And PE Cash Crunch Likely To Get Worse ...