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Dissident Shareholder Nominees Backed for AOL Board

Institutional Shareholder Services, the influential shareholder advisory firm, has recommended that AOL stockholders vote for two of the three board nominees put forward by dissident shareholder Starboard Value.

 

Touche! Google Plans to Announce Its Own 3D Maps Before Apple

Google Maps

Google has just announced an event called "The next dimension of Google Maps," where they are expected to introduce 3D maps to it s standard offering. The demo will be less than a week before WWDC2012 event at which Apple is expected to introduce its own map app, with 3D capabilities, as part of iOS 6. At the same time Google is making moves to monetize its services on all fronts, so making the value proposition for its unique offerings is crucial.

 

HoozTrippin Helps You Find Travel Buddies

HoozTrippin

If you’ve got a vacation coming up, a startup called HoozTrippin is aiming to make it more fun by connecting you with other travelers. Co-founder and CEO Steven Oh (who was formerly the head of product at Rotten Tomatoes and Movielink), describes the site as “Match.com for travelers,” except broader: “We don’t limit ourselves to just singles.” In some ways, it sounds like a complement to a service like Triptrotting, which connects travelers to locals. Local guides can make for a better trip, for sure, but so can hanging out with fellow travelers — for example, that’s one of the big reasons many of my friends prefer staying in hostels.

 

U.N. takeover of the Internet must be stopped, U.S. warns

Democratic and Republican government officials warned this morning that a United Nations summit in December will lead to a virtual takeover of the Internet if proposals from China, Russia, Iran, and Saudi Arabia are adopted.

 

Facebook Has Paid More Than $300,000 To Friendly Hackers Who Find Its Security Bugs

When Mark Zuckerberg wrote about creating a hacker-friendly company in the letter attached to Facebook’s IPO filing last year, he meant it–in more ways that one. Facebook has paid out more than $300,000 to hackers that reveal bugs in the site and help to fix them, according to Ryan McGeehan, the head of Facebook’s security response team. In a post to questions-and-answers site Quora earlier this month, McGeehan wrote that the company’s bug bounty program, which typically pays hackers around $1,000 for each vulnerability they disclose to Facebook’s security team, has paid out rewards to 131 researchers in 27 countries since it launched in July of last year, and has even hired one of those hackers as a summer intern.

 

After Facebook, Kayak IPO Stalls

Kayak Software Corp.

Kayak Software Corp. slowed its march to the stock market in one of the clearest examples yet of the fallout from Facebook Inc.'s tumultuous initial public offering.

 

Facebook's Pay-to-Promote Posts Feature Has Arrived

Facebook's Pay-to-Promote Feature

We've heard rumblings that Facebook was testing a system called Highlight that would allow people to pay to promote a post, and now obnoxiously enough, it's starting to show up.

 

Sky blocks access to Pirate Bay

Sky has become the third internet service provider to prevent its users accessing file sharing site The Pirate Bay. It follows Virgin Media and Everything Everywhere which have already taken similar action.

 

Facebook’s Stock Falls Below $30 for First Time

Facebook's stock has fallen below $30 for the first time since its much-awaited public debut this month.

 

New cyberweapon discovered; Iran computers hit

A massive, data-slurping cyberweapon is circulating in the Middle East, according to a Russian Internet security firm. Moscow-based Kaspersky Lab ZAO said the "Flame" virus was unprecedented both in terms of its size and complexity, possessing the ability to turn infected computers into all-purpose spying machines that can even suck information out of nearby cell phones.

 

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