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Major Amazon S3 Outage Hits Internet

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An outage at Amazon Web Services is causing major downtime across the cloud this morning, as sites which rely on the cloud storage service have been unable to reliably connect all morning. Such sites as the U.S. S3 is used by many websites for storing data, images, and video. READ MORE>>.

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This Week in VC with Farb Nivi, Founder of Grockit

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It’s a very product that allows you to do visual search of eBay, ETSY, Match.com, AllRecipes and several others sites. Current round: $8.1mm in Series C by S3 Ventures (lead), Adams Capital Mgmt, Triangle Peak Partners. Provider of real-time data and predictive analytics for web site publishers. They sponsor TWiVC.

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What the Past Can Tell Us About the Future of Social Networking

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in terms of time spent on the sites. At the bottom end of the stack is storage (S3) and processing (EC2). It did not have the same success as Google’s acquisition and MySpace sold Photobucket 2 years later to a relatively unknown Seattle-based startup called Ontela for a reportedly $60 million.