As of today’s launch Airtime is a one-on-one video chat network , but what about tomorrow? Co-founders Sean Parker and Shawn Fanning tell us “it’d be pretty cool” if Airtime became an app platform.

Seattle-based Madrona Venture Group just announced that it has raised a $300 million fifth fund. This is the firm’s fifth fund, and its largest yet. The firm says it had planned to raise $250 million, but the fund was oversubscribed, with most of the money coming from existing investors.

Editor’s note: Steve Case is chairman and CEO of Revolution , as well as co-founder of AOL. Follow him on Twitter @stevecase .

Online food marketplace and subscription tasting box service Foodzie has been acquired by video eCommerce service Joyus,  in a combination cash and stock deal. “It was clear to me that video was the key to telling stories about food,” Foodzie co-founder Emily Olson wrote in an email to users, “The people, the place, and the craft behind the food. Video brings all of this to life

The time has finally come.

“Josh paid Aaron $391 for best Coachella weekend ever”. Peer-to-peer payments app Venmo thinks that when you pay someone back for drinks, dinner, or concert tickets, you’re really sharing memories, and your friends will want to see

So this thing called the Internet makes it easy for pretty much anyone to have a voice and get messages across. The problem is that building beautiful, intuitive websites typically requires some knowledge of code.

Poor T-Mobile. It was one thing when the iPhone was only available at AT&T, but then Verizon got it, and then Sprint, and then the bar dropped quite a bit as U.S

There are plenty of products out there promising to help online merchants reach out to visitors who leave without making a purchase. However, SeeWhy founder and Chief Strategy Officer Charles Nicholls says they’re all too narrow — he describes everything currently on the market as “point solutions” that don’t fix the whole problem.

Earlier this month, Microsoft decided to try something a little different when it came to selling the Xbox 360.