Color Labs, the photo sharing startup which became well-known for securing a whopping $41 million in venture capital but has since had a bumpy road with lagging user numbers and turmoil at the executive levels, is not shutting down operations, contrary to a report first published by VentureBeat that is circulating today.Source: http://feedproxy.google.com/~r/Techcrunch/~3/jxmv56gG3Zw/
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