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.
So, Apple can survive without Steve Jobs as CEO after all. At least that’s the message that was sent by Apple investors today. Apple shares, which took a beating in after-hours trade on Wednesday after the company announced Jobs’s departure, stabilized on Thursday and were down about 1 percent. Investors, at least for now, appear convinced that Apple can keep churning out blockbuster products and oversized profits with new CEO Tim Cook in charge.
Your Twitter stream could be about to get even more cluttered. Twitter announced in a blog post on Thursday that it will now be placing ads from certain brands and companies directly into the message timelines of users who follow those organizations on the microblogging service. The company said it is testing out the new program with a select group of partners – including Dell, Starbucks and HBO among others – for a few weeks before rolling it out to a wider stable of clients. The new initiative is an expansion of the company’s so-called “Promoted Tweets” program, in which ads show up in search results on the Twitter.com website.
Starting today, Facebook users will have the option of holding one-on-one video calls with their friends directly from their account on the social network. The new Skype-powered video service marks a renewed effort by Facebook to cement itself as the go-to communications hub on the Web and serves as a response to Google’s recently launched Hangouts app, a similar video chatting feature that lets users on its Google+ social network chat with up to 10 people at once.
How do hackers spend the Independence Day holiday weekend? Why, hacking, of course. Well, some of them do anyway. Anonymous, the group behind several high-profile hacking incidents this year, posted a document online Sunday allegedly containing a small number of usernames and passwords for access to one of Apple’s servers. The hacker collective announced the breach via its Twitter feed as part of its Anti Security, or “AntiSec”, campaign, warning that the gadget maker could be targeted in further attacks. ZDNet wonders whether Apple is a sort of “Holy Grail” for malicious hackers given the massive amounts of customer data stored on the company’s iTunes and iCloud servers.
News Corp’s hunt to find a buyer for once-mighty social networking website Myspace has finally ended. Specific Media, an online advertising firm, has agreed to buy the site for about $35 million, a source familiar with the deal told Reuters. News Corp will retain a minority 5 percent stake in the website it purchased six years ago for $580 million. More than half of the site’s 500 employees are expected to be laid off as part of the deal.