Mountain View, Calif. - Google (NASD: GOOG) has acquired social search
developer Angstro and hired respected entrepreneur Rohit Khare to work on its
Google Me social networking project, the Los Angeles Times reported. Read the rest of this entry »
A couple days ago, I wrote a post wondering if it wasn’t time to change Facebook’s social graph dynamic? Specifically, I called for a simplified system that had two layers: your friends and your followers. I think that their current social management system which relies heavily on friend lists is highly flawed. And guess what? Mark Zuckerberg agrees.
Apple has confirmed it will be holding an event on 1 September and has sent out an invite to the press.
Wikinvest, a Wikipedia for investing, launches its mobile initiative with its iPhone app going live in the Apple store tomorrow at 9 a.m. As brokerages and the finance industry in general are notoriously late to the mobile and Internet game, the Wikinvest app will be a boon for iPhone users looking for easy mobile access to their personal portfolios as well as the latest investment news.
San Francisco - Facebook grew 179% in India over the past
year, and its membership there now tops Google’s (NASD: GOOG) Orkut social networking
service, CNET News.com reported, citing comScore data. Facebook counts 20.9
million users in India, to Orkut’s 19.9 million; Orkut saw 16% growth in the
past year. Read the rest of this entry »
Oh, this is a huge mess in the making. A company called Freevi that has already had it’s hand slapped for securities laws violations by the State of California is trying to raise funds from investors by promising to “secure” the investment with Facebook stock. How did I find out about this? Via a spam email that hit my inbox, which is a general solicitation if I’ve ever seen one (that’s very relevant to the Securities Act of 1933).