Each day we’ll provide a roundup of five stories from around the Web that our editors read and found noteworthy. Follow us on Twitter for updates throughout the day @digiday.
Web Video Bonanza: Web video is piping hot. Venture and private equity dollars are pouring into the Web video market — $236 million in the third quarter, the most since the second quarter of last year, according to VideoNuze. What’s interesting is that nearly all of this cash is flowing into infrastructure and ad technology, not video content. That would seem to indicate that there is a lot of faith in the idea that consumers’ video content isn’t likely to slow down — but that technology, not quality, will be the ultimate solution to better monetization. VideoNuze
Google+ Woes: The hype cycle has been in full effect with Google+. For about a month, you couldn’t escape the din of the tech elite declaring it the Next Big Thing. And then, naturally, it was just as quickly declared a failure. There’s more bad news for Google+, this time from the inside. At The Huffington Post, there’s a story that one of Google’s own engineers has described the “Facebook killer” as a “pathetic afterthought” and “knee-jerk reaction.” Ouch. The good news is the engineer, Steve Yegge, used Google+ for the diatribe. HuffPo