business insider

Amazon's Bezos leads $5M investment in Business Insider

Amazon Chief Executive Jeff Bezos led an investment group that pumped $5 million in news Web site Business Insider.

In a press release, the news site's co-founder, Henry Blodget, said that Bezos Expeditions, the executive's investment company, led the new round of financing that also included existing Business Insider investors Institutional Venture Partners and RRE Ventures.

"On a personal note, I will add that we are totally stoked about this," Blodget wrote.

In a note to staff, Blodget noted that the proceeds will be used to invest in editorial, technology, sales and marketing, subscriptions, and events. … Read more

The 404 1,184: Where we'll kick you apart (podcast)

Leaked from today's 404 episode:

- Analyst: Instagram will be big moneymaker for Facebook.

- NY Senator drafts bill to make ticket scalping at benefit concerts illegal.

- The most expensive, useless, awesome 3D-printed object ever.

- Home invasion plot foiled by Xbox 360.… Read more

Report: Microsoft plans to demo Windows 8 tablets by June

Microsoft plans to demonstrate tablets running Windows 8 by the end of June, a company source has told Business Insider.

The source told Business Insider that Microsoft is taking a more "Apple-like" approach in designing the new operating system for tablets and plans to adopt certain ideas from the Metro interface created for Windows Phone 7. If true, the June date for demonstrating the new OS on a tablet is significant as that month marks the end of Microsoft's fiscal year.

Yesterday's report follows a story by ZDNet's Mary Jo Foley, who was sent a … Read more