March 22 at 3:55 p.m.
Filed under:
Computers,
IPOs,
Internet
By Dow Jones Newswires
LinkedIn Corp. said it reached 100 million members Tuesday, as the professional social-networking site grows to include nearly a million teachers, dozens of Elvis impersonators and one “martini whisperer.”
The milestone comes as LinkedIn gears up for a much-anticipated initial public offering of stock expected to open the IPO floodgates for social-networking sites. Get the full story »
March 3 at 2:32 p.m.
Filed under:
Technology,
Venture capital
By Wailin Wong
Motorola Mobility’s venture capital arm has announced its second investment in a week, putting money into a Redwood City, Calif.-based developer of games for mobile devices and social networks.
Motorola Mobility Ventures did not disclose the size of its equity investment in Moblyng, but it typically invests $3 million to $5 million. Other investors in Moblyng’s latest round of funding were Mohr Davidow Ventures and Deep Fork Capital, both investment firms based in Menlo Park, Calif. Get the full story »
Feb. 15 at 2:19 p.m.
Filed under:
Cell phones,
Technology
By Reuters
Taiwanese smartphone maker HTC unveiled on Tuesday two social networking phone models, with a focus on Facebook access, and introduced its first tablet computer to a crowded marketplace. Get the full story »
Jan. 13 at 3:21 p.m.
Filed under:
Technology
By Reuters
The social gaming market is expected to pass $1 billion this year, thanks to a rising number of users and a projected increase in advertising, according to research group eMarketer.
That marks a 28 percent increase over last year’s market, which totaled $856 million.
Nearly 62 million Internet users in the U.S. — or 27 percent of web surfers — are expected to play at least one game on a social network per month in 2011, up from 53 million last year, eMarketer said. Get the full story »
Nov. 17, 2010 at 2:17 p.m.
Filed under:
Internet,
Technology
By Reuters
Microblogging service Twitter is considering raising funding that would value the company at $3 billion, according to a popular technology blog.
Russian technology investment firm DST Global is seeking to lead the funding round, which would be larger than the $100 million that Twitter raised in September 2009, according to a report Wednesday on the blog TechCrunch. The report said that other investors are also eager to be involved. Get the full story »
Nov. 15, 2010 at 3:09 p.m.
Filed under:
Internet,
Technology,
Updated
By McClatchy Tribune Newspapers
Facebook CEO Mark Zuckerberg talks about the 350 million active users daily of Facebook messaging in San Francisco, Nov. 15, 2010. (AP Photo/Paul Sakuma)
In a bid to become the junction box for people’s digital communications, Facebook announced Monday it plans to launch a new communication platform intended to unify e-mail, instant messaging, text messaging and the social network’s existing message system through a single “social in-box.”
While each of the social network’s more than 500 million users will have the chance to get an @facebook.com e-mail address as the new service gradually rolls out to members in coming months, CEO Mark Zuckerberg said the goal was not to create the world’s largest e-mail network, but to merge external e-mail, text messaging, instant messages and Facebook’s existing internal messaging service into a new kind of seamless communication system. Get the full story »
Nov. 11, 2010 at 11:07 a.m.
Filed under:
Internet,
Technology
By Reuters
Internet search leader Google Inc is not building a social network to compete with Facebook, a company executive reiterated on Thursday, despite an intensifying rivalry between the two leading Internet groups.
“We’re not working on a social network platform that’s just going to be another social network platform,” Google’s head of mobile product development, Hugo Barra, said in answer to a question at the Monaco Media Forum.
“We do think that social is an ingredient for success for any app going forward, search and advertising being probably the best two examples that I would mention. So that’s how we’re thinking about the problem.” Get the full story »
Nov. 8, 2010 at 4:43 p.m.
Filed under:
Internet,
Technology
By Los Angeles Times
On Monday, the British monarchy got even more modern, when its page on the popular social networking site went live. The page, called “The British Monarchy,” will provide updates on the royal family’s activities and upcoming schedule. It has 113,000 “likes” so far, and more coming fast.
Nov. 3, 2010 at 4:09 p.m.
Filed under:
Privacy issues,
Technology,
Updated
By Reuters
Facebook said some of its applications violated the social networking company’s policies against sharing user information, and promised to fix the problem.
Most transfers of information to other companies were inadvertent, Facebook Vice President Marne Levine wrote in a letter released on Wednesday and dated October 29.
Levine in the letter said Facebook would fix the problem. Get the full story »
By Reuters
Facebook and Twitter social networking sites were used to tout stocks in a classic “pump and dump” fraud of about $7 million that was uncovered during a cocaine-trafficking probe, U.S. prosecutors said on Tuesday. Get the full story »
Aug. 11, 2010 at 5:33 p.m.
Filed under:
Design,
Internet
By Associated Press
The once-dominant social network MySpace is revamping its home page. It’s looking a little more like its more popular and populous rival, Facebook, even as it attempts to set itself apart.
In simplifying its user home page, MySpace is making users’ stream wider and more prominent. The stream is the constantly updated flow of status updates and shared content, much like the news feed that is front and center in Facebook. Get the full story »
Aug. 5, 2010 at 9:28 a.m.
Filed under:
Restaurants,
Retail,
Technology
When Marion Street Cheese Market in Oak Park was featured on Groupon, Assistant General Manager Michelle Dirks thought it would be a good chance to offer discounts to current customers while trying to get a few new ones.
But she didn’t expect the explosion of interest that started Wednesday morning.
“It’s been a little overwhelming,” Dirks said. “Well, wonderfully overwhelming.” Get the full story »
Aug. 4, 2010 at 12:58 p.m.
Filed under:
M&A,
Technology
By Reuters
LinkedIn is making its first acquisition, a company that sifts through large amounts of data to try to determine relevant information, the business social networking site said on Wednesday. Get the full story »
From Ad Age | Forrester Research has released a new study stating that only 4 percent of online adults in the U.S. have ever used location-based mobile apps such as Foursquare, Gowalla and Loopt. — and only 1 percent update these services more than once per week. So despite the marketing world obsessing over these applications in recent months, the vast majority of Americans online are still in the dark about location-based apps.
July 20, 2010 at 10:50 a.m.
Filed under:
Consumer news,
Internet,
Technology
From The Wall Street Journal | The American Customer Satisfaction Index, developed by the University of Michigan’s Business School, reported that Facebook has one of the lowest scores in its regular survey of consumer satisfaction with companies. Facebook scored in the bottom 5 percent of all private sector companies, in the same range as the IRS tax e-filing system, airlines and cable companies. Among social websites, Wikipedia led the survey with a 77, followed by YouTube at 73.
