MIT student invents device that allow people to scale walls at 10 feet per second. The resulting start-up already has Army contract for $120,000.
In wake of privacy snafu, Facebook carefully expands to high school students and tries to maintain ties with college graduates.
In Q1-Q3 2005 open-source firms raised $144 mln in venture capital, according to PricewaterhouseCoopers, Thompson Economics and the National Venture Capital Association.
Private equity and venture capital firms invested about $1.5 bln in 125 Indian companies during 2005, according to AltAssets.
US venture capital firms raised $22.16 bln in 2005, a 19% increase over the amount of funds raised in 2004, making it the largest fund-raising year since 2001, according to VentureOne.