• Grishin Robotics Invests In Boston-Based Incubator, Bolt

    Grishin Robotics Invests In Boston-Based Incubator, Bolt

    Grishin Robotics, a Russian VC group dedicated to the commercialization of robotics, has dropped an unnamed sum into Bolt, a hardware incubator in Boston. Grishin’s investment is part of a $3.5 million financing package closed this week. Read More

  • Move over camera phone…its projector phone time!

    Logic Wireless (who?) is showing off what it’s claiming to be the world’s first projector-packing mobile phone – the Logic Bolt – at CES 2009.  This quad-band GSM, 3mp shootin’ candybar handset is supposedly able to project an image up to 64″ and is expected to do so for up to 2 hours thanks to its 1800mAh battery.  It also appears to have an external… Read More

  • Bolt Joins The Deadpool

    Video sharing site Bolt has filed for bankruptcy and ceased operations. The site has been on borrowed time since an acquisition by GoFish failed August 1. was sued by Universal Music in October 2006 and owes Universal $10 million from that suit; the funds from the GoFish acquisition were to have been used to settle the $10 million with Universal. Bolt joins the TechCrunch Deadpool. Read More

  • GoFish Dropping Bolt, Share Price, and Ad Rates

    Amidst a falling share price GoFish has dropped its $30 million stock trade for The deal was also meant to help Bolt pay its settlement with several music labels, including Universal Music. GoFish had initially celebrated the acquisition in their April 10KSB report as increasing distribution for their “made for internet” (MFI) video shows. The combined sites were expected… Read More

  • Bolt Sells to GoFish to Pay Universal Music Settlement

    Video sharing site is being acquired by GoFish – a smaller but richer rival, in order to pay the settlement the company has agreed to with Universal Music Group for copyright infringement. The New York Times broke the story tonight. Bolt will go for an estimated $30 million in GoFish stock (update: forms filed Monday indicate that the acquisition was for about half this amount)… Read More

  • Universal Music files suit against Grouper,

    On the day of the Google/YouTube acquisition, YouTube announced a licensing deal with Universal Music. Apparently, Grouper and didn’t get the memo. Universal Music has come out swinging in their first online video-related lawsuit against two of the lesser-known online video sharing websites, and Sony’s recent acquisition, Grouper. The lawsuit takes aim at the… Read More