Russian investment fund Digital Sky Technologies is expected to go public sometime next year, according to reports. The company owns stakes in several of the hottest Internet companies around, including Facebook, social-game maker Zynga and group-buying site Groupon, as well as several leading Russian Internet companies. Read More »
Mathew's Posts
Social-game maker Zynga has signed a joint-venture deal with venture fund Softbank Capital to bring its casual-gaming services to Japan, and Softbank has also invested $150 million in the company, whose Farmville and Mafia Wars games are among the most popular on Facebook. Read More »
All startups want to find the magic recipe for achieving Facebook scale, but former Twitter engineer Alex Payne says it doesn’t exist. And focusing on speed can not only send you in the wrong direction, but leave you high and dry when you need it most. Read More »
The Wall Street Journal has added fuel to recent reports that Google is working on a gaming-based social network as a way of competing with Facebook, saying unnamed sources have confirmed to the newspaper that Google is working with several game developers, including market leader Zynga. Read More »
Amazon has launched a new feature that connects users to their Facebook profiles, and then makes product suggestions based on their “likes” and other activity. But the online retailer also stresses that it will not share any of the data it has about users with Facebook. Read More »
According to a recent survey, fewer than 5 percent of U.S. online users have ever used a location-based application such as Foursquare on a mobile device. And almost 85 percent of those who responded to the survey said that they were not familiar with location-based services. Read More »
The number of Americans who say that newspapers are an important source of information continues to decline, according to a new survey. Only 56 percent of those surveyed agreed, compared with 68 percent who chose television and 78 percent who chose the Internet. Read More »
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