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Facebook Agonistes: Advertisers, Adults, Developers Pulling Back; Banking On Global - 0 Comments
Posted By David Kaplan - Wed 14 May 2008 10:28 AM PST

While it looked as if Facebook might have rebounded quickly from its Beacon debacle last fall, Fortune contends the revolution is steadily losing steam. The site grew 12-fold since opening…

After MySpace And Facebook, Google Completes Open Trifecta - 0 Comments
Posted By Joseph Weisenthal - Mon 12 May 2008 11:46 AM PST

If you must have your news accompanied by a gripping narrative, then you could say that on back-to-back-to-back business days, MySpace, Facebook and Google (NSDQ: GOOG) all announced new social…

Social Networks And Profitability: Facebook, MySpace Look Beyond Ads - 1 Comment
Posted By David Kaplan - Mon 12 May 2008 11:40 AM PST

Much has been made about Facebook’s $15 billion valuation, but when will it start making some actual profits? Mike Murphy, the social net’s VP of media sales, tells USAT that’s…

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Facebook Adds Another $100 Million In Venture Lending, For More Servers - 1 Comment
Posted By Rafat Ali - Sat 10 May 2008 09:26 AM PST

Facebook has raised another $100 million in funding, to add to its previous chest of $360 million raised in the last six months, reports BW. This latest money will be…

Facebook Issues Improved Privacy, Obscenity Protections; Joins MySpace On Internet Safety Task Force - 0 Comments
Posted By David Kaplan - Thu 08 May 2008 10:31 AM PST

Facebook makes a PR push on the privacy and safety front today, instituting an array of enhanced privacy safeguards and obscenity blockers as part of an agreement with 49 state…

Industry Moves: Channel M; Facebook; NetShelter; Grey Global - 0 Comments
Posted By Amanda Natividad - Thu 08 May 2008 10:10 AM PST

-- Channel M: Peter Lee has been appointed CTO and chief strategy officer, focusing on building out the company’s digital distribution network. He joins from the Walt Disney (NYSE: DIS)…

Google Execs ‘Divided’ On Yahoo Search Deal; AOL Talks Continue Without Urgency: Report - 0 Comments
Posted By Joseph Weisenthal - Thu 08 May 2008 04:37 AM PST

Where have all Yahoo’s Plan Bs gone? In the days before Microsoft (NSDQ: MSFT) withdrew its bid for the company, it put out word that it was on the verge…

Coming Soon To The Endangered Species List: Online Ad Sales Teams? - 0 Comments
Posted By David Kaplan - Wed 07 May 2008 08:48 PM PST

The self-serve ads option has been all the rage for search ads the last few years. Increasingly, now, do-it-yourself is becoming similarly popular for the display ad space. Over the…

Gates Says Microsoft Will Go Own Way; Obligatory Facebook Call Happened - 0 Comments
Posted By Rafat Ali - Wed 07 May 2008 10:30 AM PST

As Microsoft (NSDQ: MSFT) tries to recover from the Yahoo (NSDQ: YHOO) bid, and even as everyone understands this will not be the end of the deal talks for either…

Who Will Microsoft Buy Now With the $50 Billion Change Left? AOL? Facebook? - 3 Comments
Posted By Rafat Ali - Sat 03 May 2008 08:36 PM PST

Despite the fact that Microsoft (NSDQ: MSFT) has withdrawn its offer to buy Yahoo (NSDQ: YHOO), the M&A machinery on all sides is still in full gear, and expect tons…

Social App Incubator Buddy Media Raises $6.5 Million Second Round - 0 Comments
Posted By Joseph Weisenthal - Wed 16 Apr 2008 10:45 AM PST

Buddy Media, a developer of social networking apps, has raised a $6.5 million second round from Softbank, European Founders Fund, Greycroft Partners, Ron Conway, as well as its previous backers..…

Google, Yahoo, Facebook, Others Unite To Fight NYS Ad Targeting Bill; FTC Ending Comments On Regs - 0 Comments
Posted By David Kaplan - Wed 09 Apr 2008 03:47 PM PST

Google (NSDQ: GOOG), Yahoo (NSDQ: YHOO), AOL (NYSE: TWX), Facebook, Comcast (NSDQ: CMCSA) and others have banded together to fight a proposed bill in the New York State Legislature that…

Facebook On Verge Of Settling ConnectU Lawsuit: Report - 0 Comments
Posted By Joseph Weisenthal - Mon 07 Apr 2008 06:08 AM PST

Facebook is close to settling a lingering legal nuisance over its origin, reports Brad Stone at Bits. The company was sued by the founders of ConnectU, a Harvard-borne social net,…

RealNetworks Doesn’t Buy Scrabulous; Launches Own Version Instead - 1 Comment
Posted By Rafat Ali - Sun 06 Apr 2008 06:16 PM PST

RealNetworks (NSDQ: RNWK), which has previously professed its supposedly neutral position in the copyright controversy over the popular Facebook app Scrabulous, is now sneaking itself into the mix: it is…

Flixster Raises $5 Million Of Planned $8 Million Second Round; No Sale - 1 Comment
Posted By Joseph Weisenthal - Fri 04 Apr 2008 08:34 AM PST

So Flixster finally decided not to sell (or, that no one was willing to pay its blue-sky valuation hopes): the movie-based social service that’s popular on Facebook, has raised $5…

Facebook And CareerBuilder Collaborate On Targeted Ads - With Users’ Permission, Of Course - 0 Comments
Posted By David Kaplan - Mon 31 Mar 2008 02:27 PM PST

Could be another blow to newspapers’ classified revenues: CareerBuilder and Facebook are working together to create campaigns for recruiters across the social net site’s user profile pages, Reuters reported. The…

Updated: Facebook Investor Li Ka-Shing Upping Stake To $120 Million: Report - 3 Comments
Posted By Joseph Weisenthal - Thu 27 Mar 2008 12:25 PM PST

See update belowHong Kong mogul and Facebook investor Li Ka-Shing has reportedly increased his investment in the social networking site from $60 million to more than $100. The claim was…

@ SxSW: Keynote: Mark Zuckerberg: More To Facebook Than Valuation, Microsoft - 1 Comment
Posted By Joseph Weisenthal - Sun 09 Mar 2008 01:25 PM PST

(Update: The video of the session is here online, on Austin-American’s website.) Take a wild guess why that’s a picture of a screen broadcasting Facebook CEO Mark Zuckerberg, rather than…

FT.com To Give Facebook Students Free Four-Year Subs - 0 Comments
Posted By Robert Andrews - Wed 05 Mar 2008 09:16 AM PST

FT.com will tomorrow begin giving free site subscriptions to college students via Facebook, the site has told us. The news site will launch an app that gives users a PIN…

Facebook Continues Music Biz Outreach; Moves Appear To Mirror MySpace: Report - 0 Comments
Posted By David Kaplan - Tue 04 Mar 2008 03:13 PM PST

We reported on this first in October, Facebook has been setting up meetings with music industry executives as the social net tries to find the best way to set up…

Industry Moves: Facebook Hires Google Ad Exec Sheryl Sandberg As COO; Fills #2 Gap - 2 Comments
Posted By Joseph Weisenthal - Tue 04 Mar 2008 11:07 AM PST

Facebook is set to announce the hire of Sheryl Sandberg, VP of vice president, Global Online Sales and Operations at Google, as its new COO, reports sister pubs ATD and…

Will RealNetworks End Up Buying Scrabulous? - 0 Comments
Posted By Rafat Ali - Sun 02 Mar 2008 02:55 PM PST

I had the exact same thought that Om had after I read the NYT piece last night AND when RealNetworks (NSDQ: RNWK) PR sent out a note about the…

@ MPA: Facebook’s Van Natta On The Lessons Of Beacon; No Hints On Future Plans - 0 Comments
Posted By David Kaplan - Wed 27 Feb 2008 03:59 PM PST

In his MPA Q&A with Fortune’s David Kirkpatrick, Owen Van Natta didn’t offer any further hints about his future plans when he leaves his post as chief revenue officer of…

Facebook’s Owen Van Natta To Leave - 0 Comments
Posted By Rafat Ali - Tue 19 Feb 2008 07:04 PM PST

Owen Van Natta, the chief revenue officer of Facebook who by some accounts was demoted from his earlier position of COO, is leaving the company, reports ATD. Van Natta was…

Updated: EC Approves Thomson-Reuters With Conditions; DOJ Concurs; Close Expected In April - 1 Comment
Posted By Joseph Weisenthal - Tue 19 Feb 2008 08:02 AM PST

On schedule, the European Commission has approved the merger of Thomson (NYSE: TOC) and Reuters (NSDQ: RTRSY) (technically the former is buying the latter), provided the companies meet certain competition…