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Facebook’s meteoric rise and multibillion-dollar valuation may have created an incentive for thousands of entrepreneurs and investors, but veteran venture capitalist Bill Davidow says its philosophy of customer exploitation has also helped distort the values that Silicon Valley technology companies used to hold dear. Read more »

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Venky Harinarayan and Anand Rajaraman, co-founders of the social media startup Kosmix, have announced that they’re leaving WalmartLabs, where they led the San Bruno innovation and data arm of the massive public company. Read more »

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Greplin is getting a facelift and a new name, Cue, a moniker reflecting its new shift away from personal data search toward personal data organization. Rather than merely searching your linked accounts, Cue is now proactively organizing that data into an intelligent snapshot of your day. Read more »

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Gigya, a startup that provides businesses with a suite of tools to make their sites more social, announced today that it had raised $15.3 million in new funding from Condé Nast’s parent company Advance Publications, Mayfield Fund, Benchmark Capital, DAG Ventures and Adobe. Read more »

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Ray Bradbury’s landmark novel Fahrenheit 451 is usually seen as a protest against government censorship, but the author said it was about how television and other media were making people less interested in ideas. What would Bradbury think of the world we live in now? Read more »

Change

Forbes has been reinventing itself ever since it acquired Lewis DVorkin’s media startup in 2010 — and while there have been some stumbles, the magazine has shown how a traditional media entity can take advantage of the social web and the way that content works online. Read more »

salesforce

Salesforce is reportedly close to buying social media marketing platform Buddy Media for $800 million. If true, it shows how Salesforce is adapting to the changing face of customer relationship management, which is increasingly about managing branding, social media interactions and marketing for customers. Read more »

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What if Facebook is nothing more than a digital drug dealer and we’re all just junkies? As we head toward a future where technology is not just something we do, but a part of our biology, the answer to that question might take on grave importance. Read more »

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Consumers are feeling pretty perky about things going into Memorial Day, according to new IBM sentiment analysis. That means stores and hotels might have reason to smile over the holiday weekend, as people seem to want to travel — and shop — over the long weekend. Read more »

Jeffrey Stewart, CEO of Lenddo
photo: Lenddo

By now, we know that our online reputations hold implications for our employment, love lives and even insurance claims. But some emerging companies believe that our online identities – and our social data in particular – are valuable sources for evaluating and even managing credit risk. Read more »

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