Date:
19 Dec 2009 Comments:
0
Washington
- A coalition of consumer and privacy advocates has filed a complaint with the
Federal Trade Commission (FTC) over Facebook’s recent changes to its privacy
settings, arguing that consumers are now by default sharing more information
publicly than they were before the switch. The Electronic Privacy Information
Center (EPIC), along with the Center for Digital Democracy, American Library
Association and the Privacy Rights Clearinghouse, were party to the complaint,
which argues that the "changes violate user expectations, diminish user privacy,
and contradict Facebook’s own representations." Read the rest of this entry »
Date:
18 Dec 2009 Comments:
0
Mark Shuttleworth has announced that he is stepping down from his role as head of Canonical the company behind popular Linux OS Ubuntu.
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Date:
18 Dec 2009 Comments:
0
Rdio, the upcoming music streaming and download service backed by the founders of Skype, Kazaa and Joost, may not be taking public beta registrations just yet, but it already has a free iPhone application live on the App Store that you can download right now (iTunes link).
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Date:
17 Dec 2009 Comments:
0
Palo Alto,
Calif. - Russian investment firm Digital
Sky Technologies (DST) has reportedly purchased additional Facebook stock
pushing its stake in the company to over 5%, according to Russian newspaper
Kommersant, CNET reported. Earlier this year, DST invested $200 million in
Facebook for a 1.96% stake; the firm is acting as a "passive
investor," meaning it has not sought a seat on the company’s board. Read the rest of this entry »
Date:
17 Dec 2009 Comments:
0
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Back in March 2009 a trio of MySpace execs -COO Amit Kapur, SVP Steve Pearman and SVP Jim Benedetto – left to begin working on a new startup.
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Date:
17 Dec 2009 Comments:
0
San Francisco - Zynga, a
publisher of social games including "Mafia Wars" and
"FarmVille," announced on Wednesday that it has received an
investment of $180 million, led by Russia’s Digital Sky Technologies. Founded
in 2007, San Francisco-based Zynga counts over 230 million monthly active users
for its games, which reside on Facebook and other sites. The company says more
than a million of its users purchase virtual goods within its games, generating
90% of Zynga’s revenue. Read the rest of this entry »
