Technology, Social Networking | featured news

Facebook Buys User-Generated Destination Guide Nextstop

Facebook has bought - and is shutting down - Nextstop, a user-built guide to places and things to do around the world.

Senh: Interesting how Facebook has recently bought and shutdown a couple sites. The did the same with Divvyshot. Since these sites don't have much traffic, it's probably better for them to just acquire the team.

 

Facebook Gifts shop shutting down

Facebook Gifts shop shutting down

The days of digital birthday cakes, virtual bottles of champagne and other cutesy icons from Facebook are numbered.

Senh: I agree with most users - who wants to paid for a bunch of fake gifts to real friends anyway. Although I'm disappointed that it didn't work out. Would have been a nice alternative revenue stream.

 

Facebook Touts Selling Power Of Friendships

The social-networking site is aggressively pitching to big advertisers like Ford Motor Co. and PepsiCo Inc. the latest in a series of ad formats that tell users which of their Facebook friends have expressed interest in the brand or product featured in the ad.

 

Facebook to recognize faces

Facebook has begun testing face detection technology for Facebook Photos.

 

Foursquare Raises New Funds

Foursquare, a location-based social networking startup, raised $20 million from a group of venture capitalists to help fuel its expansion.

 

Chatroulette Isn't The Only Site Brought Down by the Big Wang

Chatroulette Isn't The Only Site Brought Down by the Big Wang

Stories about Chatroulette's spiraling traffic caused by guys showing their joystick every 10 seconds brought back memories of another site brought down by the same bodily member.

 

The New Digg: First Impressions

The New Digg: First Impressions

Ever since the new version of Digg was announced three months ago, it has undergone a lot of revisions and caused a lot of turmoil. In that time, Kevin Rose replaced Jay Adelson as CEO...

 

Google's YouTube Didn't Infringe Viacom, Judge Says

Google Inc.'s YouTube video-sharing website didn't infringe copyrights owned by movie and television producer Viacom Inc., a judge ruled. US District Judge Louis Stanton in New York today ...

 

Twitter a hit in Japan as millions 'mumble' online

Twitter is a hit in Japan, succeeding where other social networking imports like Facebook have foundered as millions "mumble" - the translation of tweet - and give mini-blogging a distinctly Japanese flavor ...

 

Facebook's 2009 Revenue Neared $800 Million: REPORT

Facebook's 2009 Revenue Neared $800 Million: REPORT

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.

 

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