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Facebook is buying Friendfeed for an undisclosed amount of money. Mountain View, Calif.-based FriendFeed was started by co-founders Paul Buchheit, Bret Taylor and Sanjeev Singh, all ex-Googlers, and raised $5 million in Series A funding from Benchmark Capital and its founders. Facebook is said to have […] Read more »

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Caught up in a wave of pressure to make the banking industry pay for wrecking the economy, the SEC and a few prominent politicians have turned their collective gaze toward high-frequency trading (aka algorithmic or electronic or flash trading). Among the major criticisms of the ... Read more at GigaOM Pro »

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I have been using Mobile Fotos since its initial release for uploading photos to Flickr. It’s both easy to use and powerful. However, since purchasing the iPhone 3GS, the one feature I’ve been really excited about is uploading videos to Flickr without using email. Prior to […] Read more »

[qi:109] Forty-eight percent of American 18- to 24-year-olds were on Facebook as of June compared with some 31 percent in the same month last year, based on figures provided by comScore, painting a sharply different picture of young social network users than can be found in […] Read more »

Not too long ago, I had a major scare: I went to log into my Twitter account, only to be informed that my page no longer existed. Considering that I rely pretty heavily on Twitter in my work, I had a bit of a panic. After […] Read more »

Facebook this week began enforcing its updated ad guidelines, which includes requiring that all ads containing user data, such as names and profile picture, be approved by the social network. While Facebook explained in a blog post last week the impetus behind the stricter policies, it […] Read more »

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e-readers

The emergence of a commercially significant electronic book (e-book) market in the past three years has been the result of two quite-recent technological developments. The first, and most critical, has been a breakthrough in the technology for manufacturing reflective electronic paper displays (EPDs), allowing for the introduction of affordable, lightweight and portable e-book readers such as Amazon’s Kindle and Sony’s Reader.

The second has been the rollout of reliable “3G” wireless broadband networks, which have made it possible to deliver digital books directly to reading devices without the intermediate steps of downloading files to a PC and then transferring them to a reader. Direct-to-device sampling and delivery, particularly with Amazon’s Kindle and Apple’s iPhone, have enabled impulse-driven e-commerce, which has been critical to early consumer adoption of e-books.

The technology for e-books, however, remains nascent. The Kindle and its ilk are very much first-generation devices that deliver the minimally acceptable experience. Further development of the business will be closely tied to future technological developments, including flexible and color displays, format standardization and rich-media applications. As the market grows, there are numerous opportunities for other technology players, from social networks to cloud service providers and more. This report examines the trends and opportunities ahead. Read more at GigaOM Pro »

Facebook continued to crack down on ad networks this week by updating its advertising guidelines. Starting August 3, ad networks must receive authorization from Facebook to run ads that contain user data, such as names and profile pictures, the company said in a blog post. Facebook’s […] Read more »

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MySpace rolled out a new email service in beta today, symbolizing the beleaguered social network’s first step towards redeeming its fallen status. The new service, called MySpace Mail, is gradually being rolled out over the next two weeks to the social network’s 130 million users worldwide. […] Read more »

EQAL, aka the online studio created by the lonelygirl15 guys (but now focusing on derivative rather than original content), today announced a new hosted social platform. The product, called Umbrella, is aimed at other web series creators as well as celebrities and web stars who want […] Read more »

Southern Comfort is taking its $8 million marketing spend online to reach its target market of 21- to 29-year-olds. Last year, the brand spent $6 million on late-night cable TV and another $1.5 million on magazines. All of that is going away. Now, SoCo plans to […] Read more »

If Facebook is worth upwards of $5 billion, then how much do you think Twitter, the San Francisco-based micro messaging startup, is worth? Somewhere in between $441 million and $589 million, if you believe NeXt Up Research, the firm founded by veteran financial analyst, Michael Moe. […] Read more »

Being a FiOS subscriber, I was excited a week back when I’d heard the telco TV provider’s widget bazaar featuring Facebook and Twitter for the TV had gone live. As an analyst covering the migration of social media from the web to the mobile screen, I’ve […] Read more »

Managing the flood of electronic communication — phone, voicemail, email, SMS, IM, micro-blogging and status updates on sites like Facebook — is an increasingly difficult task. It’s being reported that Bill Gates recently left Facebook due to a surfeit of friend requests. I’ve struggled to manage […] Read more »

The Apple rumor mill never stops. This week, the Financial Times is claiming that Apple is working hand-in-hand with record labels to redesign how it sells music albums on its iTunes store. According to the FT’s sources, Apple is working with EMI, Sony, Warner and Universal […] Read more »

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Cloud computing has taken a lot of hits lately, not all of which are deserved, and some of which are just flat-out misguided. The latest accusation — that cloud computing stifles software innovation — came at a grand scale via a New York Times column by ... Read more at GigaOM Pro »

As Meryl wrote a few days ago, LinkedIn and Facebook are excellent business networking tools. Both sites offer useful ways of connecting with people you know, who you can ask to become part of your network. It’s easy to forget who you’ve requested to become a […] Read more »

[qi:gigaom_icon_social_networking] Every so often a new technology comes along, promising to revolutionize the world of communications. And in the end, it prays at the altar of email. Despite being messy and unstructured, email, which will turn 50 in a couple of years, remains the hub of […] Read more »

Facebook has been in the hot seat this past week over claims that the social network has been letting third-party advertisers post people’s photos without permission, causing a flurry of conversation among confused users on both its site and Twitter. The buzz caught Facebook’s eye and […] Read more »

When you’re looking to find out what folks are saying about hot political events such as the protests in Iran — or on the more trivial end of the spectrum, the new Harry Potter movie — searching for specific keywords on Twitter and Twitter-related search engines […] Read more »

The demands of the computing world have shifted in the last few years, leading hardware vendors to scramble to meet the needs of Web 2.0 companies and cloud computing providers. That shift was already well under way when the recession hit, but it wasn’t until then […] Read more »

In the days when a two-guys-in-a-garage startup could morph into a massive public offering with relative ease, SharesPost might have had a hard time making its case. The startup, which launched an experimental marketplace last month for buying and selling private equity, aims to step in […] Read more »

Redbox Signs Sony to $460 Million Distribution Agreement; five-year deal has the studio providing DVDs to the kiosk rental company, the first such studio deal for Redbox. (Video Business) Soapbox R.I.P.; Microsoft decides to just kill off its UGC video site. (paidContent) Facebook Served 1B Video […] Read more »

Although Safari improves with every version released, it remains difficult for one browser to cater for everyone’s needs. Firefox has successfully approached this problem through the use of Add-Ons, but Safari continues to lack any widely promoted form of plugin or extension functionality. Despite this, I […] Read more »

DOE Wants to Be Your Facebook Friend: “The Obama administration really, really doesn’t want the fight over health care to steal attention from energy and climate legislation. Energy Secretary Steven Chu just launched a Facebook page to keep climate change front and center.” — WSJ’s Environmental […] Read more »

Facebook’s not just for keeping tabs on friends and filling out quizzes — it can also be used as a highly effective business tool. It’s great for marketing your products, landing gigs and connecting with your customers.

Here are 32 ways to use Facebook in your business. Read more »

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With a new product and new name, Rovi is perhaps one of the best-positioned companies to provide software, metadata and guide support to the various hardware and service providers looking to navigate the world of multiscreen video entertainment. The challenge will be trying to provide solutions ... Read more at GigaOM Pro »

Facebook said today that application developers can now apply to test out its virtual currency platform, an aggressive move that places pressure on virtual currency companies such as Offerpal and Zong. Third-party virtual currency companies have made millions of dollars over the years through the sale […] Read more »

Verzion’s FiOS Gets Twitter, Facebook and Web Video; the new Widget Bazaar makes TV more social, adds video from Veoh, blip.tv and Dailymotion. (Multichannel News) Watch New Office Webisodes and Follow Character Tweets; new web spin-off series The Office: Blackmail stars Creed, and you can follow […] Read more »

Personal branding, as Pamela wrote earlier this week, is somewhat inescapable in the days of social media and working online. It really is just a fancy “Web 2.0″ term for being aware of, shaping and monitoring your online reputation. And for us web workers, whether we like it or not, our online reputations are often crucial to our abilities to do business and advance our careers.

The thing I personally wrestle with the most about my own personal branding is finding the balance between being transparent and yet protecting my professional reputation and marketability. Read more »

[qi:gigaom_icon_4G] People will consume an exabyte — that’s 1 million terabytes — of information on mobile networks this year, predicts independent wireless analyst Chetan Sharma in his latest report, entitled “Managing Growth and Profit in the Yottabyte Era.” (A yottabyte is 1,000 billion terabytes.)  Sharma notes that […] Read more »

Like any gaming platform, the sustained success of the platform itself is driven by its users. Social gaming networks allow for increased user interaction and, in many ways, a more engaging gaming experience. On the Xbox, you have the Xbox Live service; the Playstation 3 features […] Read more »

Facebook employees, have you been eyeing your friends at Google with disdain and jealousy as they cash out their options to buy houses and cars and the like (at least the ones who joined the company early on)? Have no fear, now you, too, can cash […] Read more »

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In recent years, virtual worlds (also known as massively multiplayer online games, or MMOs) have shown tremendous growth in terms of user numbers and revenue. However, the market for them is currently in tremendous flux, with the most well-known sub-genre — the subscriber-based fantasy role playing games (MMORPGs) — suffering a growth plateau, due to the dominating success of World of Warcraft. At the same time, user activity in “freemium” virtual worlds continues to explode, most especially in the tween/adolescent market, which is likely to reach a market saturation point soon, though monetization prospects for all but the established players remain uncertain. The explosion of social networks, which share numerous traits with virtual worlds, have created a new potential audience for this genre, while the mass adoption of web plug-ins and smartphones like the iPhone have opened up new markets for the genre.

In this transitional period, many of the best investment and growth opportunities to watch are not the worlds themselves, but the solution providers offering developers the means to better monetize their existing MMOs. Opportunities also exist in niche MMOs that appeal to consumers seeking entertainment outside the established fantasy and kids social MMO space. However, new players that would enter this already crowded market must foster a community of users by rewarding user-created content and continued engagement, while also being architected with multiple revenue streams and play platforms. Read more at GigaOM Pro »

Rick Marini, who co-founded Tickle.com, the quiz site that Monster.com acquired for $100 million in 2004 and later abandoned, is back with SuperFan. The site, which went live this week, is a social network where people can join the fan pages of various celebrities, bands, sports […] Read more »

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