GodTube, a faith-based Christian video sharing site and social network has raised $30 million at a $150 million valuation.

The funding comes from GLG Partners, a hedge fund. The site had previously raised $2.5 million from private investors, including Norm Miller of Interstate Batteries, according to paidContent.

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If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Google’s Blogger service opened up a new feature, scheduled posting, to automatically put up an entry at a future time.

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Here’s a funny thing: if you visit the MySpace Apps page with AdBlock Plus enabled, the "Featured Applications" section appears entirely blank.  And as it turns out, developers are indeed paying to show up in those spots.

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There’s a good time and a bad time to put up your latest bit of life-changing brilliance on your blog.

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Close to half of all people in the UK will be members of a social networking site within four years, a new report indicates.

The study found that the UK has the highest number of users in Europe who are members of sites such as MySpace and Facebook. At least 9.6 million people in the UK use these sites and that is expected to increase to 27.1 million by 2012.

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One part I like about this digital revolution is that it takes a lot of the pretentiousness out of publishing. One part I dislike about this digital revolution is that it takes a lot of the pretentiousness out of publishing.

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Decide which is worse: Doctoring a video and posting it online to smear a political figure; or said political figure threatening libel suits against news organizations for even talking about it.

Luckily, he’s not up for election—well, not technically.

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Actually, this article is more of a commentary on collective mental illness, exploitation and mountains made of molehills—no, that’s not a boob joke. It’s also about invented controversy for the sake of ogling eyeballs and links at the expense of a teenage girl who will be lucky if she’s not in rehab on her 18th birthday.

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