Social search startup Delver is closing down in 30 days. The economy crises affected the company at the worst time. In recent months Delver was trying to secure its second round of finance, however the bad economy made things very difficult and the company could not find new investors.

Delver’s CEO Liad Agmon said that he negotiated with several venture capital firms in the past several months but the current credit crises caused VCs to stop investments in early stage startups.

Building a search engine is a very expensive business and Delver’s current investor Carmel can not finance the company operation any longer. Delver is trying to get 6-8 million dollars to keep the operation and development of is revolutionary social search engine.

The company is up for grabs and looking for a buyer. If no investments will come in the next 30 days the company will close down.

Disclosure: I used to work at Delver

Shelby SuperCars announced details of an electric version of this same car, due to be launched in the second half of this year. We hope the oil barons of Abu Dhabi took the news graciously, as Shelby’s move seems kind of like walking into a convention of cigarette makers and announcing a cure for tobacco addiction. But maybe they merely smiled at the fairly outlandish-sounding claims by Shelby SuperCars.

According to Shelby, the powertrain developed for the Ultimate Aero EV uses a lithium ion battery pack, which can be fully charged from a 110 volt AC outlet in 10 minutes. This powertrain can be scaled from 200 up to 500 horsepower, with a special, dual-motor configuration that could produce 1,200 horsepower.

On top of that, Shelby claims a 200 mile range. If this powertrain can truly meet these specifications, Shelby will revolutionalize electric cars. Fortunately, we only have to wait about 10 months to see if it happens.

The PTO rejected all 20 patent claims over Internet subdomains held by a company called Hoshiko, which were used to bully sites like LiveJournal and Freehomepage.com and pursue litigation against larger companies like Google. The idea behind how to manage subdomains–domains hosted within larger domains, such as news.cnet.com–is too obvious to patent, the PTO ruled after the nonprofit Electronic Frontier Foundation requested the patent be re-examined.

The EFF was able to provide ample evidence that the idea of virtual subdomains had developed long before a company called IdeaFlood applied for the patent in 1999 or was granted the patent in 2004. Nevertheless, the company used its patent to threaten companies like LiveJournal, which hosts more than 3 million personalized subdomains for its users. The company also threatened Freehomepage.com and T35 Hosting.