John McDermott


Jobless Claims Higher Than Expected

Though experts expected jobless claims to remain flat, today's numbers reveal a troubling trend.  Read story

Facebook Founders Fund Artificial Intelligence Start-up

Investor Dustin Moskovitz says Vicarious, which just closed a $15 million funding round, will "revolutionize every industry."  Read story

Study: Morning People Are Happier & Healthier Than Night Owls

A recent American Psychological Association study finds that you might want to start waking up earlier.  Read story

Some of Groupon's Early Backers Jump Ship

Marc Andreessen is just one of the daily deal site's early investors dumping shares of the struggling company.  Read story

Report: Zuckerberg Tells Employees Stock Is 'Painful' to Watch

A new report says the world's most watched entrepreneur finally met with employees to discuss low morale as Facebook stock hits a new low.  Read story

Fab.com Sues Rival Flash Sales Site

The copyright infringement suit claims TouchOfModern copied Fab's look, feel, and text.  Read story

Employees Not Waiting to Cash Out on SecondMarket

The secondary market trading platform released who is selling, and who is buying so far in 2012.  Read story

Twitter Co-Founders Aim for Third Hit

Evan Williams and Biz Stone, who also created Blogger, yet another new online publishing tool.  Read story

Why the Google-Frommer's Deal Matters

The line of travel guides gives Google access to a trove of consumer-focused content.  Read story

Tech Takeovers Are Fewer--but Pricier

Acquisitions in the tech sector decreased 35% in the second quarter, but total spending grows.  Read story

The Differences Between East & West Coast Shoppers

A new report reveals the rather predictable differences in shopping behavior between mobile consumers on the two coasts.  Read story

Kickstarter: Double-Edged Sword for Video-Game Entrepreneurs

Video-game projects raise serious cash via Kickstarter, but can those founders actually deliver products to market?  Read story

Tech Start-Ups Launch Recruiting Tour

A placement start-up joins forces with some of the country's fastest-growing tech companies for a barnstorming tour of U.S. campuses.  Read story

Start-up 99designs Buys European Rival

The logo and web design marketplace acquired Berlin-based 12designer for an undisclosed amount.  Read story

Airtime Loses Nearly Half Its Users

It seems Sean Parker's video-calling app is struggling to take off, despite a high-profile launch.  Read story

IPO Rebound? 6 Set for This Week

Tech firms are rethinking public offerings, but there are a slew of non-digital businesses that will begin public trading the in coming days.  Read story

Winning Big From #NBCFail

Rage over NBC's Olympics coverage is giving a boost to a handful of tiny Web companies that--legally or not--give access to live streams of the 2012 Olympic ...  Read story

Obama & Romney Face Off in Twitter Tool

The microblogging site will now capture the changing public sentiment regarding each candidate.  Read story

More Turmoil at Zynga

The recent plunge in share price has set off investor lawsuits and an executive shakeup.  Read story

Entrepreneurs Increasingly Pessimistic About Economy

But a new report finds a wide optimism gap along age lines.  Read story

Web Pioneer Craigslist Now an Internet Bully?

Craig Newmark once heralded the free information flow of the Internet. Now his company vigorously guards its intellectual property.  Read story

America's 10 Fastest Growing Private Companies

These scrappy enterprises were kicking into gear when others were hunkering down for the Great Recession.  View slideshow

NEA Closes $2.6 Billion Venture Capital Fund

In two months, the venture capital firm raised one of the largest venture funds ever.  Read story

Sean Parker Blasts Entrepreneurs for Playing It Safe

Rather than continue to create new companies, he argues, most entrepreneurs settle for the ease of being a venture capitalist.  Read story

TaskRabbit Closes $13 Million Funding Round

Founders Fund led the round, bringing the online labor marketplace's total funding $38 million.  Read story

Job Market Squeeze: Employees Now Working Longer Hours

A new report says talent shortages have placed a greater strain on current workers.  Read story

Fab Raises $105 Million in VC Funding

The design-centric retail site looks to add 600 employees over the next five years.  Read story

Education Start-up Adds 12 New University Partners

Cal Tech and Penn also invest $3.7 million in Coursera, bringing the company's total funding to $22 million.  Read story

Fed Chief Offers Sobering Economic Forecast

In testimony before Congress, Bernanke predicts "frustratingly slow" job growth.  Read story

Venture Capital Hits Highest Level Since Dot-Com Bubble

A new report finds a surge in mobile deals, a drop in health care, and a shift from Massachusetts to New York.  Read story

DocuSign Raises $47.5 Million in VC Funding

The digital signature company plans to use the Kleiner Perkins-led funding round to develop new products and try to expand its global reach.  Read story

Pioneering VC Gives $116 Million to Alma Mater

University of Oxford says the endowment is the largest contribution to undergraduate financial assistance in European history.  Read story

Here's Why You're Not Hiring

Openings increase, but hiring slows; no wonder the job market is a mess.  Read story

Kleiner Perkins Loses Round in Pao Case

A judge has ruled that Ellen Pao's sexual misconduct suit against the renowned venture capital firm will not go to arbitration.  Read story

Kayak Set for IPO

The travel booking website is expected to offer 3.5 million shares priced between $22 and $25 a share.  Read story

Unemployment Remains Flat at 8.2%

U.S. employers added only 80,000 jobs in June, less than economists had projected.  Read story

Study: Office Dogs Reduce Work-Related Stress

A study found that employees who bring their dogs to work accumulate less stress throughout the work day.  Read story

New Data Shows Promising Signs For the Job Market

Jobless claims decrease more than expected and the number of private sector jobs rises by 176,000.  Read story

U.S. Manufacturing Slows for First Time in 3 Years

After 37 consecutive months of growth, new data shows manufacturing in the U.S. is actually decreasing.  Read story

Small Business Lending on the Rise

Small business lending was strong in May, but the economic recovery remains tenuous.  Read story