Cyworld, the South Korean social network that launched in the U.S. with a splashy party in 2006 has packed up its bags and left the U.S. market. The social network, backed by SK Telecom, will layoff its entire U.S. staff and will… Read More »
Tech
Silicon Valley’s smartest investor, Sequoia Capital, is telling its companies to tighten their belts. Super-angel Ron Conway is telling his portfolio of startups to batten down the hatches, cut jobs, and get ready for the worst. The credit crunch is hitting tech land like the proverbial… Read More »
Google today announced AdSense for games, a year after we first reported its intentions. Google has roped in game developers and publishers including Konami, Playfish, Zynga, Demand Media, games network Mochi Media. This new program would allow social games and flash-based web games to integrate video,… Read More »
A month after its launch, Google’s much talked about browser, Chrome seems to have seen a slow decline in usage according to some reports. It now accounts for 5.6% of all visits to this blog, though the number varies for our other blogs, indicating that Chrome… Read More »
Digg has raised $28.7 million in a Series C round of funding. The company made the announcement earlier this morning. Highland Capital Partners is leading the current round, which will see Highland partner Richard de Silva join Digg’s board of directors. The company will use the… Read More »
SanDisk and four record labels have launched SlotMusic memory cards as an option to digital downloads and CDs. Good luck, guys — you’re gonna need it. Read More »
Telegeography estimates that there will be 37 million VoIP users in Western Europe by end of 2008 – 29% of all fixed lines. Read More »
Akamai, Limelight, Level3 and more than a dozen other start-ups should be worried about Amazon’s move into the content deliver business. Amazon Web Services’ latest offering will cause price pressure in an already commoditized business. Read More »
Updated: Comcast says it has filed an appeal against the Federal Communications Commission’s Memorandum and Order on network management adopted August 1, 2008 and released August 20, 2008, in the Court of Appeals for the D.C. Circuit. This appeal is the latest chapter in Read More »
In the comments of our piece, The Return of the Tech IPO, David Coleman pointed out that Facebook and its $8 billion valuation might just be the proof that we are all getting bubblicious. Coleman, on his blog, goes on to dissect the irrational… Read More »
Google CEO Eric Schmidt chats with PBS’ Charlie Rose and talked about the company. Just one bit which stands out…. The primary business of the company is search and ads. We decided to spend 70% of our total resources of search and ads, 20% of projects… Read More »