Forget about Google Me, Facebook unveils its Google rival

July 28, 2010

For weeks, techies have speculated about Google Me, the company’s secret project to take on social networking king Facebook.

Facebook: Welcome PR “flacks” of the world

July 23, 2010

On Tuesday afternoon, representatives of the tech industry’s biggest corporations convened at Facebook’s Palo Alto, California, headquarters.

Too much of a good thing: Flipboard launch hype overwhelms service

July 22, 2010

It looked like a product launch home run.

When Flipboard, a hot new social media iPad app, made its public debut on Wednesday it had all the key pieces in place: endorsements from influential tech bloggers like Robert Scoble (who declared Flipboard “revolutionary”), a $10.5 million funding round from big-name investors including some of the co-founders Facebook and Twitter, Kleiner Perkins Caufield & Byers and even Ashton Kutcher, and a slot to demo the product at this week’s Fortune Brainstorm Tech conference in Aspen, Colorado.

Google buys into Zynga – report

July 12, 2010

zynga-pokerGoogle has invested as much as $200 million in social gaming company Zynga, as it looks to bolster its presence in the world of online gaming, according to technology blog TechCrunch.

from DealZone:

Facebook is more than just a pretty face

June 29, 2010

The social networking website of Mark Zuckerberg (pictured) is now worth $23 billion, close to the value of online shopping website Ebay, based on the price of a recent stock purchase by private equity firm Elevation Partners. Elevation purchased $120 million in Facebook stock from private shareholders, valuing the company at $23 billion, a person familiar with the matter told Reuters on Monday.

from The Great Debate UK:

Facebook group defends “harassed” BP

June 18, 2010

OIL-SPILL/

BP’s chief executive Tony Hayward branded “the most hated man in America” may be surprised to find himself cast in the role of victim by a growing clan of web-based supporters on Facebook.

Twitter’s Costolo: not quite footloose and fancy free

May 19, 2010

You’d think fast-racing Twitter would keep one eye firmly fixed on the rearview and side mirrors.

from Summit Notebook:

Even the best VCs strikeout — a lot

May 19, 2010

venture
Got access to a couple million bucks and want to be a venture capitalist? A miner of start-up business gold? Then get used to being wrong.

Actually, Yahoo is not spending another $85 million on ads

May 6, 2010

The news that Yahoo is spending $75 million to $85 million on an ad blitz has provoked a wave of disparagement in the blogosphere, with many critics slamming Yahoo for throwing more money away on an ineffective marketing strategy.