Tuesday, May 27, 2008

May 27, 2008

Since August, banks worldwide have announced plans to eliminate as many as 65,000 jobs.

Kleiner Perkins Caufield & Byers is reportedly leading a $15 million round for Pelago, the first company to tap iFund, the $100 million cash pool Apple launched in partnership with the V.C. firm to fund iPhone applications.

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