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Web 2.0 Firms Taking Slower Route to IPOs

The new business model calls for a 'slow and easy' approach to going public

(Newser) - Growing Web 2.0 companies like LinkedIn, Facebook, and Slide are biding their time before going public, making sure to run up their value as much as possible to fetch top dollar with an IPO, reports Business Week. It’s a far different approach than companies took before the dot-com...

Facebook Poaches COO From Google
Facebook Poaches COO From Google
Mar 4, 2008 3:35 PM CST

Facebook Poaches COO From Google

Social networking site recruits big gun to stem growing pains

(Newser) - Facebook has hired the Google VP who handles virtually all advertising sales in a bid to ease the hiccups the rapidly expanding networking site is encountering. New COO Sheryl Sandberg, one of Silicon Valley's top female execs, denied that Google's plummeting stock price motivated the move, the Wall Street Journal...

Sellers, Fans at Odds Over Scrabulous

Companies debate legal action as 700K play online knock-off daily

(Newser) - Scrabble knock-off Scrabulous is a hit online, but sellers of the original board game have cried piracy and may take their claim to court, the New York Times reports. Tens of thousands of Scrabulous players have threatened to boycott Hasbro and Mattel if they shut down the Facebook-friendly game, which...

Previewing What's Next in Social Networks

NY meeting introduces new services to new media leaders

(Newser) - What’s next for online social networking? A heavy dose of geography, writes David Kirkpatrick in Fortune’s Fast Forward. At a real-life meeting for 100 new-media notables in New York, one hot topic was adding location information to user-driven sites so that “not only will you know what...

Nader Still Buffering ... Buffering ...
Nader Still Buffering ... Buffering ...
OPINION
Feb 28, 2008 2:19 PM CST

Nader Still Buffering ... Buffering ...

Seeing Internet as 'a snare and a delusion' surely won't help independent's candidacy

(Newser) - Ralph Nader might seem like just the crusader to milk the Internet for all its movement-building potential, but, Andrew Rasiej and Micah L. Sifry write in Politico, his “self-defeating attitude” toward the web is likely to keep him on the sidelines. The third-party presidential hopeful claims his “Internet-literate...

Facebook Fixes Problems With Its 'Delete' Button

After complaints, networking site figures out how to eliminate ex-users' information

(Newser) - Making a profile on Facebook is easy, but before this weekend, deleting one wasn't: Not even Facebook could do it, the New York Times reports. Frustrated users filled out a form intended to delete their profiles but found bits of info still accessible on the site. Facebook says it has...

You've Got No Mail: DC Techies Ponder Life After AOL

Relocation is struggling sector's latest setback

(Newser) - AOL is moving its HQ to New York, cutting nearly half of its 5,700 DC-area jobs, and leaving serious questions about the Washington, DC area’s tech industry in its wake. AOL’s declining fortunes have already hurt the sector, but local techies and VCs have fought back with...

Web Connects Mourning NIU Students
Web Connects Mourning NIU Students
Feb 15, 2008 1:21 PM CST

Web Connects Mourning NIU Students

With cellphones down, many use Facebook to communicate

(Newser) - With cellphone lines on much of the campus jammed, Northern Illinois University students turned to the Internet to let friends and loved ones know they had survived yesterday’s shooting and to console each other, the Chicago Tribune reports. Most logged on to Facebook, where 10,000 joined a prayer...

This Way Out? Not Really
This Way Out? Not Really
Feb 11, 2008 11:35 AM CST

This Way Out? Not Really

Website won't delete personal info, would-be ex-members grouse

(Newser) - Just when you think you're out, Facebook pulls you back in, say wannabe ex-users who have tried in vain to delete their profiles. The site keeps archives of all profiles, unless they're manually deleted piece by piece, fanning privacy concerns already stoked by the Beacon fiasco. “It’s like...

Advertisers Lukewarm on Social Sites

Networking, video-sharing users not prime marketing targets

(Newser) - Facebook and YouTube are runaway success stories when it comes to attracting Internet users, but they lag in attracting ad dollars, the Wall Street Journal reports. Advertising on social networking and video-sharing sites is relatively new, and therefore most vulnerable if economic worries lead to advertising cutbacks. Firms also worry...

MySpace Opens Doors to Developers
MySpace Opens Doors to Developers
Feb 5, 2008 9:58 AM CST

MySpace Opens Doors to Developers

Website joins Facebook, Bebo in offering tools, backing for new applications

(Newser) - MySpace members already customize personal profile pages, but they’ll soon be able to add applications like photo albums, email, and calendars. The News Corp. property plans to open its platform and release developer tools, reports the New York Times. Third-party developers will be allowed to create and make money...

Microsoft + Yahoo: Still Not Sexy to Job Applicants?

Combo may not aid companies' recruiting image

(Newser) - Among the many uncertainties about a Microsoft-Yahoo marriage is whether the combined company would gain any sex appeal in the Silicon Valley recruiting market, reports the New York Times. If both are washed up compared to job fair belles like Google and Facebook, would joining help them prevail in the...

Facebook Graffiti Proves Worthy
Facebook Graffiti Proves Worthy
Feb 3, 2008 6:50 PM CST

Facebook Graffiti Proves Worthy

Dell's "ReGeneration" contest sparks Graffiti users to post green art

(Newser) - Most blog posts, Flickr pics, and YouTube vids are junk, a Los Angeles Times blogger laments, but Facebook has drummed up a cyberspace winner called Graffiti. The online painting tool has had more than 8 million users and sparked fine submissions in Dell’s “ReGeneration Contest," which asks...

Zuckerberg Spills the Beans About Facebook Finances

CEO's chattiness at staff meeting leaked

(Newser) - Mark Zuckerberg got talkative with the Facebook staff yesterday. The boy CEO shared intimate details of the privately-owned company’s finances to an all-staff meeting with an open phone-in line—“It was really unbelievable,” marveled one. The numbers indicated a fall from break-even grace for the company in...

Focus on Youth Benefits Obama
Focus on Youth Benefits Obama
Feb 1, 2008 11:04 AM CST

Focus on Youth Benefits Obama

Campaign makes young people a priority, using net to organize

(Newser) - The youth vote is back, and that’s a very good thing for Barack Obama. Young people are voting in numbers not seen in decades, and they prefer Obama by an astounding margin. In Iowa, under-25 turnout was up 135%, and those voters favored Obama 4 to 1. And the...

MySpace to Open Platform to Developers

Hopes to reap same benefit Facebook has--without the Scrabulous headache

(Newser) - Following the lead of rival Facebook, social networking giant MySpace will launch the MySpace Developer Platform next week, giving programmers deeper access to its site--possibly including the ability to tap into MySpace user data, AP reports. MySpace already informally allows programmers to develop widgets for it, and hopes the new...

Sex Convicts May Face Internet Ban
Sex Convicts May Face Internet Ban
Jan 29, 2008 6:45 PM CST

Sex Convicts May Face Internet Ban

NY bill aims to keep 25K offenders off social websites

(Newser) - New York's 25,000 convicted sex criminals will be banned from Facebook and MySpace if a bill unveiled today becomes law, CNET reports. Dubbed E-Stop, the legislation requires sex convicts to submit online identities and screen names so participating sites can block them. Those who committed a sex crime over...

From Clerk to Rogue Trader to Facebook Laughingstock

SocGen fraudster's woes include poking

(Newser) - You don’t need a fancy education to lose $7.2 billion and become an Internet laughingstock. In the clubby world of French banking, Société Générale traders are usually the Gallic equivalent of Ivy League MBAs, but Jérôme Kerviel, a lowly biz school grad, worked...

Tonight May Be Game Over for Scrabulous

Creators scramble to make a deal as deadline looms

(Newser) - Scrabulous—the wildly popular Facebook app based (without permission) on Scrabble—may have to fold up its board tonight. Hasbro and Mattel, which jointly own the rights to the board game, have set the deadline for the online game to either shut itself down or sell itself to Electronic Arts,...

Humanitarian Relief is a Text Message Away

Social sites like Twitter, Facebook part of Google's new venture

(Newser) - A Google-funded website that uses technology to spread the word about emergencies launches today, CNET reports. The company's charitable arm has put $5 million into InSTEDD, which will use social software like Twitter and Facebook to alert humanitarian groups to crises and organize rescue operations. “Social networking in the...

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