Every time I scroll through my list of ‘Friends’ on Facebook, I inevitably come to the same (somewhat depressing) conclusion: I have absolutely no idea who many of these people are. This is mostly my fault - my standards have always been pretty low when it comes to accepting inbound requests, and I never kept [...]
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European Business Social Network XING Acquires socialmedian (Update: For $7.5 Million)
Hamburg, Germany based XING, a global professional social network that’s strong in Europe, has acquired New York based socialmedian for an undisclosed amount approximately $7.5 million in total, a mix of $4 million in cash up front and an earn-out valued at between €0.5-2.5 million payable over three years.
Tags: Business Social Network, social network, XING
Facebook May Be Growing Too Fast. And Hitting The Capital Markets Again.
When Facebook raised $240 million from Microsoft in 2007, and another $235 million in debt and equity in 2008, everyone thought they had plenty of cash to get through their big growth phase. With that kind of cash, the company could hire as many people as it needed to and not worry about profitability or [...]
Yoono Announces Support For IE, New Services
Yoono, the slick browser plugin that serves as both a social network aggregator and media hub, has announced its impending support for Internet Explorer which will be available on November 7th. In conjunction with the the new version, Yoono is also announcing integration with both imeem and MySpace, as well as a powerful new widget [...]
$150 Million BlackBerry Partners Fund Spreads The Wealth
The BlackBerry Partners Fund, a $150 million VC fund co-managed by JLA Ventures and RBC Venture Partners, has announced its first three investments:
The first is for buzzd, a geo-aware social network that also doubles as a location information guide. BlackBerry Partners Fund participated in a $3.2 million Series A Round, along with Greycroft Partners, Qualcomm [...]
Motorola Readies Its Own Android Social Smartphone
Amid a boom in social-network-friendly handsets, Motorola prepares a new entry, but its Android may not debut until 2009’s second quarter
As the wireless world awaits the Oct. 22 debut of the first phone based on the Google-backed Android software, engineers at Motorola (MOT) are hard at work on their own Android handset. Motorola’s version [...]
Wink’s People Search Index Grows To 500 Million Profiles
Wink, the search engine that lets you search user profiles across many social networks, has announced that it has indexed a whopping 500 million profiles worldwide - double the number it had twelve months ago. Wink also predicts similar growth in the future, with a projected 1 billion profiles indexed over the next year.
Tags: social [...]
California So Overrun By Social Networks That They Advertise On Your Car
How competitive is the social networking business in California? Apparently enough so that sites are giving a shot at offline advertising.
Tags: Car, social network
Gaming Social Network Raptr Opens Its Doors
The Internet has added an extra dimension to video gaming: You don’t have to be in the same room with someone to go on a Xbox shooting rampage together, or play Scrabble, or whatever. The problem: How do you know when your friends are at their computers or videogame consoles playing a game so you [...]
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