The social network is spreading its wings in Seattle, taking advantage of relatively cheap office space and a pool of talented engineers in Microsoft and Amazon’s home town.
By Lisa Richwine
It’s getting crowded in Netflix-land.
The field of players battling for customers in the fast-growing online video market may soon get another big-name entrant: Blockbuster, reinventing itself under new owners Dish after a disastrous run, looks ready to launch its long-awaited move into instant video streaming next week, another shot at grabbing customers frustrated with Netflix.
Google bought Zagat, the popular dining recommendations and ratings authority, jumping into a niche Web market alongside the likes of OpenTable and Yelp. The 32-year-old Zagat, which polls consumers and compiles reviews about restaurants around the world, will become a cornerstone of Google’s “local offering” and work in tandem with its mapping services and core search engine, the Internet search and advertising leader said.
Sony cranked up its video game networks over the weekend starting with the Americas after an unprecedented breach led to the theft of personal information from more than 100 million user accounts. But experts continued to criticize the Japanese electronics giant for failing to plug other potential holes in its vast global network.
Amazon.com opened its store for Google Android smartphone applications, ratcheting up its fight with Apple after the iPhone maker sued Amazon in a bid to stop the online retailer from improperly using its App Store trademark.
Facebook signaled an increased interest in deals, poaching a member of Google’s corporate development team to lead its fledgling merger and acquisition efforts and underscoring the rivalry between the social networking company and the search engine giant.
A unique feature of the web is that it was designed by idealists and capitalists alike. A hacker sensibility fights for an open, democratic structure, while profit-minded businesses helped shape it into a thriving industry. The more successful companies, like Google and Facebook, understand both ethics equally.
In case you weren’t among the members of the fourth-estate lucky enough to get an invitation to Apple’s highly-anticipated unveiling of the iPad on Wednesday, here are some of Apple co-founder Steve Jobs’ key comments about the new device and its importance to the company: