Canvas Aims At Social Networks

Los Angeles-based Canvas, a stealth mode social networking startup, said this week that it is aiming at Facebook with a new service to let users share content, including audio, video, private messages, and more. The company--which has been mum about its founders--says it is looking for people who are "sick and tired of Facebook", and is looking to raise $500,000 on IndieGogo to fund the company--of which it has raised about $3,000. The company hopes to launch its service in summer of next year.