A new version of Facebook’s iPhone app is now available in iTunes. It follows up on the one released a couple of weeks ago by adding support for Apple’s new iOS 4 software

Wesabe , an online personal finance site that looked to help users better keep track of their spending trends, is shutting down. The startup’s homepage now consists of a letter to Wesabe users instructing them to download their account information by July 31, at which point nearly all of the service’s features will be taken offline and data deleted. The lone feature that will remain online indefinitely is the site’s ‘Groups’ page, where members can trade advice about their finances (this part of the site is being taken over by one of Wesabe’s current customers).

It’s summer and that time of year that August Capital graciously hosts us on on their fabulous deck so we can throw a roaring party that sends the VCs running from Sand Hill Road for the month of August. Actually, this year marks our 5th annual summer outing at August Capital and we can’t thank David Hornik and the other August Capital partners enough for keeping the traditional alive

Well, it took a bit longer than other iPhone apps that aren’t, you know, the most downloaded apps of all time, but Facebook has finally today updated its iPhone app to be iOS 4-compatible. A couple weeks ago, I ripped Facebook for releasing an update without this support (and a broken UI to boot). Competitors like Twitter and LinkedIn were iOS 4-compatible either before or immediately after the launch of the new OS on the 21st

A bizarre Tweet sent by video streaming technology company Move Networks have prompted many to wonder if the company is close to shutting down.

We have made the decision to focus exclusively on Windows Phone 7 and we will not ship KIN in Europe this fall as planned. Additionally, we are integrating our KIN team with the Windows Phone 7 team, incorporating valuable ideas and technologies from KIN into future Windows Phone releases.

After months of testing, today Google News is unveiling “the biggest redesign since the beta launch in 2002,” says director of product management Ben Ling. The main new elements of the page include new navigation by trending topics in the left pane, a personalized news stream in the middle pane, and localized news and weather in the right-hand pane

When it comes to mapping applications, Waze is probably the most fun one out there . It turns turn-by-turn navigation into a social experience, and a game (think: Pac-Man). It also happens to be free.

Exclusive – SmallRivers , a fledging Internet startup based out of Switzerland that has developed a Web app called Paper.li that basically lets you turn Twitter streams, tags and lists into daily online newspapers , has landed more cash after inking a $1 million seed funding deal back in 2008. Investing in this new round are a group of unnamed ‘reputed Web 2.0 business angels’ along with German investment and media group Econa and Kima Ventures , the early-stage investment firm started by French entrepreneurs Xavier Niel and Jeremie Berrebi . Paper.li, launched in alpha mode last April, organizes links shared on Twitter into an easy-to-skim page that makes it look like an online newspaper’s homepage.

Networking equipment maker Cisco intends to build a sustainable city in Portugal. The company will work with Living PlanIT , a startup focused on developing large-scale sustainable technologies for construction projects and cities