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Web Entrepreneurs Offer Qik Some Wealth and Some Wisdom

Qik, a company that has developed live video streaming services for certain smartphones, has received a boost in its financial backing from Netscape veterans Marc Andreessen and Ben Horowitz. The duo, which have made a "significant investment" in the company, are also joining Qik's board of advisors...

Loudcloud Sells Hosting Biz to EDS for $63.5M

Loudcloud, the closely watched follow-up effort of Netscape cofounder Marc Andreessen, announced it will sell its core managed services and hosting business to tech giant EDS for $63.5 million in cash. "We said all along we wanted to be the EDS of the Internet, and now it turns out EDS will be th...

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