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Wattpad secures $17.5m for its literate community

Wattpad, the Toronto-based online community of readers and writers, has secured $17.3 million in its Series B round of financing led by Khosla Ventures.

Up to 6.5 million LinkedIn passwords are compromised

Online business network LinkedIn said on Wednesday it is investigating confirmed reports that hackers have stolen nearly 6.5 million member passwords.

Yelp names former press secretary Robert Gibbs to board

Yelp, the San Francisco-based operator of a popular local business reviews site, has named former White House Press Secretary Robert Gibbs to its board of directors.

Visible Technologies raises $24m for social media dashboards

Visible Technologies, a provider of social media monitoring software, has raised almost $24 million in venture capital.

Twitter acquires web design firm nclud

Nclud, a boutique web design agency, said on Monday it has been acquired by microblogging giant Twitter, where it will join the company's design team.

'Pirhana 3DD' available today for Facebook social viewing in 3D

Horror comedy "Piranha 3DD" today becomes the first 3D movie to debut on Facebook, the same day it hits theaters and becomes available on-demand.

Pew Internet: Twitter usage doubled in the past year [with chart]

Twitter usage continues to grow, even as the number of users has pretty much leveled out in all but the youngest adult age group, according to Pew Internet.

Bitly morphs from link shortener to social sharing network

Bitly users were confronted today with a bookmarking and social sharing service almost unrecognizable from the link shortener that made its name.

Eqal ups Weiss to COO; Maniar now chief strategy officer

Digital media properties company Eqal has promoted Rob Weiss to chief operating officer. The announcement was made by co-founders Miles Beckett and Greg Goodfried, whose early successes include lonelygirl15.

Parker and Fanning's Airtime secures $25m, acquires Erly

Airtime, the mysterious startup founded and financed by digital media all-stars, closed a reported $25 million third round of financing and acquired fellow KPCB startup Erly.