July 12, 2010 at 1:48 p.m.
Filed under:
Internet,
Telecommunications
From CNN.com | Facebook Gifts, the virtual shop that opened in 2007, is shutting down Aug. 1 as the social networking site explores other ways to make money.
July 2, 2010 at 10:33 a.m.
Filed under:
Internet,
Technology
By Los Angeles Times
Silicon Valley is speculating that Google is working on a social network to compete with Facebook called Google Me. That speculation stems from a tweet by Digg CEO Kevin Rose that he has since deleted (“Ok, umm, huge rumor: Google to launch facebook competitor very soon — ‘Google Me’, very credible source”) and from comments on Quora from former Facebook CTO and Quora founder Adam D’Angelo.
June 24, 2010 at 1:07 p.m.
Filed under:
Government,
Privacy issues,
Telecommunications
By Reuters
Microblogging service Twitter has agreed to a settlement with the Federal Trade Commission over charges it put its customers’ privacy at risk by failing to safeguard their personal information.
The settlement announced by the FTC Thursday stems from a series of attacks last year on Twitter, the three-year old phenomenon that lets people send short text messages to groups of followers. Under the agreement, Twitter is creating an independently audited security program, among other measures. Get the full story »
June 18, 2010 at 9:33 a.m.
Filed under:
Internet,
Technology
By Associated Press
A leading medical journal says the world could boost its blood supply from young donors by tapping into social networks like Facebook.
In an editorial on Friday, the Lancet calls for doctors to encourage young people to donate blood, including recruitment drives on Facebook or running advertisements for national blood donation agencies on Google. Get the full story »
June 18, 2010 at 6:19 a.m.
Filed under:
Advertising/Marketing,
Earnings,
Internet
By Reuters
Facebook’s financial performance is stronger than previously believed, as the Internet social network’s explosive growth in users and advertisers boosted 2009 revenue to as much as $800 million, according to two sources familiar with the situation. The company also earned a solid net profit, in the tens of millions of dollars last year, one of the sources said.
Get the full story »
