Apple Sues HTC, Maker of Nexus One

Don't expect Microsoft or Hewlett-Packard to spend their money willy-nilly on start-ups anytime soon.

Canadian real-estate firm Mantella has tapped two Toronto early-stage investors to spread a new, venture fund to more than a dozen fledgling technology companies.

In this morning's Web roundup, a start-up built entirely to benefit from the explosive popularity of Twitter has produced what appears to be a good exit for its venture investors. Also, a European drug start-up wins big, online shopping is finally innovating and Hulu says goodbye to Jon Stewart and Stephen Colbert.

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Sina (SINA), the Shanghai-based online media company, this afternoon reported Q4 revenue of $98.2 million, down 3% from a year ago, up 2% sequentially, and above the Street at $94.9 million. But non-GAAP EPS of 31 cents a share fell a nickel shy of expectations. Advertising revenue was down 9% year [...]

DivX (DIVX) shares are sharply higher after hours on better-than-expected Q4 results. The digital media technology licensing company posted Q4 revenue of $20.1 million and non-GAAP EPS of 7 cents; the Street had been forecasting $18.1 million and 2 cents. For Q1, the company sees revenue of $20.5 million-$21.5 million, with non-GAAP [...]

Cbeyond (CBEY), which provides communications services to small businesses, reported Q4 revenue of $107.7 million, up 14.8% from a year ago, but shy of the Street at $109.3 million. EPS of 3 cents a share was ahead of the Street, which had expected a loss of a penny a share. For [...]

Altera (ALTR) this afternoon said it now sees Q1 revenue up 7%-10% sequentially, ahead of its previous forecast of 5%-10% growth. “The company expects solid growth from new products in the first quarter,” Altera said in a statement. “All four vertical market segments are likely to report sequential [...]

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