Facebook adds iTunes content to gifting platform

Looking to give your friend the perfect birthday gift, or want an easy way to give your kids a gift card for the holidays? Facebook announces Monday that it will be integrating iTunes gift cards and content into its digital gifts platform.

PixelFish Picks Up Eyespot

Video production company PixelFish announced today that it has acquired recently-shut down online video editing/white-label video company Eyespot. Financial terms of the deal were not disclosed.

Founded and angel-funded in 2006, the Torrance, Calif.-based PixelFish has 15 employees and is similar to TurnHere, offering to create low-cost video promotions for small and medium-sized businesses that can be distributed to outlets like Yellowbook.

PixelFish VP of Sales and Marketing Stephen Condon told us in a phone interview that assets like Eyespot’s Mixer tool will allow clients to edit video on their own, doing things like swapping out voiceovers. The acquisition also gives PixelFish access to video publishing and transcoding tools, as well as a number of provisional patents for online video technologies.

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Tipjoy’s Founders on Passing the Hat

Ivan and Abby Kirigin founded their startup, Tipjoy, to give consumers of free content a new way to pay for the stuff they really like: by leaving a tip. While the idea sounds simple enough, what the Kirigins want to do is actually far more ambitious than their quaint company name suggests. With Tipjoy they aim to exploit the commercial power of micropayments, a hip, Long Tail business concept in which consumers pay for things in tiny increments.

Until now, micropayment systems have proven most useful for philanthropy. No more, say the Kirigins. The couple (they are married) believes Tipjoy’s version of micropayments, which involves consumers paying for products in increments as small as 10 cents, but paying — and here is their innovation — voluntarily, is powerful enough to help Tipjoy become the next PayPal.

The Kirigins developed Tipjoy’s model as participants in Y Combinator’s winter 2008 startup class. Below the couple shares some lessons learned through YC’s collective iteration process. Read More about Tipjoy’s Founders on Passing the Hat