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2011-02-21 12:45:00

According to technology blog TechCrunch, Internet music service Spotify is in the process of closing at least $100 million financing led by venture firm DST. TechCrunch said, citing unnamed sources, that the deal would value Spotify at about $1 billion.  This deal would add to DST's portfolio of online companies including Facebook, Zynga and Groupon. Yuri Milner, the founder of DST, said in November that the firm was seeking to invest in companies that typically have a $1...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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