Time Warner Cable battling buggy app for iPad streaming; VC investments in Web firms highest since 2001

More news from Fierce:

> When Time Warner Cable rolled out an app in March that allowed subscribers to live stream about three dozen of its channels to Apple's iPad, it received rave reviews, but it's struggling with a revised version of the app released earlier this month. Article

> Investments in Internet-specific companies rose to the highest quarterly level since 2001. Venture capital firms pumped $2.3 billion into 275 web-oriented companies during the second quarter of 2011, a 72 percent increase in dollars and a 46 percent increase in such deals from the first quarter of the year. Article

> Yahoo plodded through another disappointing performance in the second quarter, a familiar script that's wearing thin with exasperated investors. Article

> Cisco is selling its STB plant in Juarez, Mexico, and is shedding about 5,000 workers from its books as it strives to reach the $1 billion in cost reductions CEO John Chambers promised in May. Article

> Time Warner is making its CNN and HLN news channels available online to Comcast, Dish Network and Verizon subscribers, as the company looks to expand its TV Everywhere play.  Article

> Increased competition between pay-TV operators for subscribers, combined with the increasing popularity of OTT-delivered video, is driving operators to offer more attractive triple-play deals. Article

> Netflix streaming is about to get really real on impending Honeycomb tablets. One of the nuggets that makes Lenovo's newly unveiled IdeaPad K1 so special is the internal DRM module that allows it to play nice with a fresh build of the Netflix app. Article

> Research In Motion, the Canadian firm behind the BlackBerry smartphone, may be jumping into the over-the-top set-top box market. Article

> YouTube rolled out automatic captioning for Japanese videos, utilizing the same kind of speech recognition technology that's also used to auto-caption videos in English. Article

> Hulu has acquired the exclusive digital rights to stream the first eight seasons of Fox's Hell's Kitchen, said Lionsgate's Debmar-Mercury. The online TV service also will stream current episodes from season nine and a rotating selection of library episodes. Article

> Netflix has made a hire that could help put an end to some of its recent outages: Former Reddit Chief Architect Jeremy Edberg announced that he has joined the streaming company as its Lead Cloud Reliability Engineer. Article

And finally... Another day in Rio de Janeiro, another manhole cover exploding into the sky, flattening cars, breaking windows, sending people scampering for safety. Article

Suggested Articles

Comcast is calling on its cable brethren, Charter and Cox, for a new initiative called On Addressability focused on building a “sound, scalable and sustainable…

NCC Media and OpenAP are teaming up to allow national advertisers to use OpenAP’s audience segment definitions when buying across NCC Media’s linear, VOD and…

Dish Network is building new capabilities into its Evolve TV service for hotels that will allow guests to stream Netflix in their rooms, and watch…