White iPhone Cometh, Twitter Rejected $10B From Google, 100Mbps Coming Nationwide, And More…

The Fast Company reader’s essential source for breaking news and innovation from around the web–updated all day.

Kinect Live Gold members are now able to navigate through Netflix with gesture and voice commands. [Update: 12:40]

VC Funding has Strong 2011 Start

An increase in the median of VC funded projects boosted Q1 rates to $7.5 billion (up from from 6.5) on 738 deals, according to CB Insights. [Update: 12:40]

Youtube Creates Piracy School for Copyright Violators

A Happy Tree Friends-themed PSA warns users about the pitfalls of piracy violations and may require offenders to watch the video. [Update: 12:40]

Pic of the Day: Actual Mayor Declares April 16th Foursquare Day in New York City [Update: 12:40]


Steve Woz with white iPhone

White iPhone Due Soon

Apple‘s legendary white iPhone will be ready for AT&T and Verizon in a few weeks, according “three people with knowledge of the plans.”

Twitter Rejected $10 Billion Offer From Google

Twitter reportedly turned down multiple offers, including $2 billion from Facebook and one from Microsoft.

Crowdsourced Map Campaign Attempts Anti-Slave Momentum

Demand the Brand, a State Department-supported project, allows users to upload photos of themselves with products to “demand” that they be made slave-free. Demand the Brand claims, “Unfortunately there’s no real way to tell if the products we buy are made without slavery” and is hoping the guilt-inducing photos will help flesh out the truth.

Comcast Brings 100Mbps Speed Nationwide

The $105 “Extreme 105” is being rolled out to Comcast cities around the country. Comcast claims users can download an HD movie in 5 seconds.

Sources: Cnet, Mashable, Foursquare, Bloomberg, Business Insider, CNN, Gigaom

[Image: Flickr user Photo Giddy]

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