550,000 More Chinese Toys Recalled for Lead

A random testing of more than 50 plastic toys found high lead content in 11 of them, according to a consumer advocacy group.

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PlaySpan Takes $6.5m Series A, Founder In Grade 6

PlaySpan Takes $6.5m Series A, Founder In Grade 6

Virtual world goods seller PlaySpan has received $6.5 million Series A in a round led by Easton Capital, Menlo Ventures, STIC and Novel TMT Ventures.

PlaySpan hasn’t launched yet, but is promising a product that will attempt to be an official commerce provider for multiple MMOGs. According to PlaySpan, the company has already signed up seven MMOG partners

The interesting side of PlaySpan is with the background story: PlaySpan was founded by Arjun Mehta (pictured) , a 6th grader from Silicon Valley who founded the company from money earned selling online game items won from quests he fought while attending 5th grade at Challenger School in San Jose.

No word on when PlaySpan will be launching.

(via Metaversed)

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