Briefs
Pinterest, another New Media boomer, doubles valuation to $11 billion
The social photo-board sharing site Pinterest is in talks to raise $500 million in a round of funding that would more than double its valuation
The company plans to raise the funds in the coming weeks, but it is not clear if any new investor would join the round, the Journal reported. (http://on.wsj.com/17gOtUE)
The new funding would value the company at more than twice the $5 billion valuation last May when it raised $200 million.