How Silicon Valley Rationalizes Its Scammy Profit Center

It's hard to say what's more pathetic: That the social networks at the center of Silicon Valley's growth derive so much money from online scams, or the way one venture capitalist excuses the whole sad scene. More »

Code Theft Allegations Can't Stop iPhone Bubble

Foursquare has raised its first venture capital investment, and it couldn't have been easy: There are persistent rumors the social networking company stole its code from Google. Plus, it wanted to invest the money in a domain name. Ooof. More »