Tech wrap: Facebook strikes a chord
Facebook unveiled new features that center on the way users listen to music and watch TV, offering tie-ups with the likes of Spotify and Hulu, as it attempts to make media an integral part of its service. The features, which also include ways for users to spiff up profiles in a magazine, photo-heavy style, were introduced on Thursday during Facebook’s annual f8 developers’ conference in San Francisco by Facebook Chief Executive Mark Zuckerberg.
For Facebook, a deeper integration of music, movies and other media into its service makes it more likely that users will spend more time on its site, enabling the company to generate more advertising dollars.
Serial entrepreneur and Stanford professor Steve Blank believes the moves by the world’s dominant social network are more of a threat to Apple than to Google.
Yahoo also debuted a new service on Thursday that lets its users share Yahoo news articles they and their Facebook friends have read, according to NYT’s Bits blog.
Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman as its new president and CEO, replacing unpopular leader Leo Apotheker at the helm of the largest U.S. technology company.
Reuters reporters Poornima Gupta and Peter Henderson argue it’s easy to blame Apotheker for HP’s troubles, but “experts paint a picture of an ever-changing roster of board directors who lacked a good grasp of the company’s fundamentals and vacillated over what its business should be.”
Full Tilt Poker is upping the ante in its high-stakes fight with the U.S. Justice Department, decrying the government’s assertion that it operated as a “Ponzi scheme,” according to the WSJ.