Where are John and Todd?

– Microsoft has been sued in Sacramento County Superior Court for allegedly covering up defects in the Xbox 360, reports VentureBeat. More from Dean Takahashi’s investigation.
– TrackSimple of Seattle has raised $2.5 million from Ignition Partners, with PeHub reporting that the startup offers a “platform that captures customer events.”
–The New York Times profiles SpinSpotter, [...]

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Small businesses deal with capital crunch: The New York Times reports on how the financial crisis is impacting the ability of small business owners to access capital, noting that “financing options for all stages of the small-business cycle are limited.” The story goes on to mention how small businesses are finding it tougher to receive [...]

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Amazon.com shares are rebounding today after a sell-off Monday, following a Goldman Sachs analyst report that said the company should be able to withstand the economic downturn.
Analyst James Mitchell said Amazon’s business model “has proven highly successful in Japan, a case study for limited credit extension and weak consumer spending in recent years,” the AP [...]

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