I'll have more to say about this if/when it is publicly disclosed by Dan, Brian and/or Fox Interactive... If true, $5-10MM may turn out to be a steal, as I know of several major players who could put this tech to work in very interesting ways.

A friend emailed me to give me the heads-up on another great looking tech gathering going on this upcoming weekend (Sat, March 11) at Stanford. While I'll be sticking with my previous commitment (TechDirt's Greenhouse), if I weren't headed there, I'd definitely check this out. Importantly, it's free, open to the public, and has a great line-up of entreprenuers. Drop me a note if you attend and post about it.