GigaOM

We got more than one email this week asking us to join the rebirth of AllAdvantage, the bubble-era pyramid scheme. The new company is called AGLOCO, and it is pre-launch, but the idea is the same — get paid to surf the web. This time, the motto is “own the internet.” To all those saying [...]

Nokia, the largest cell phone manufacturer in the world, is “looking to have a stronger presence in the Valley,” says Tero Ojanpera, Nokia CTO and Executive Vice President. Ojanpera made the remarks at the official opening of the Nokia Research Center in Palo Alto, which looks to have up to 70 full time researchers and [...]

InfoSpace said the company is ending investment in its direct-to-consumer mobile content business, and reported a $46.7M loss last quarter. The company will now focus more on moving its online search capabilties into wireless, which many predicted would be a better bet.