Facebook buys Karma app

Newly public Facebook says it is buying Karma, a mobile social gifting app. The news was released via Karma's blog. The deal terms were not announced. Facebook plans to keep the service alive. A Facebook spokesperson says it is an acquisition & not an acquhire.…

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Facebook IPO: Here is the best of the web

Feeling overwhelmed with all the Facebook chatter? Is all this talk of the IPO making you yearn for the weekend already? Well, we are going to make life a little easier for you and find you best stuff for you to read. Keep checking often.…

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VCs simply love the Facebook Mafia

Following the jaw-dropping $50 million funding of Quora, a Palo Alto, Calif.-based knowledge community, folks from New York-based research firm, CB Insights crunched some data and came up with these following stats about the Facebook mafia - aka people who left Facebook to start their own companies.…

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Weigh in on Facebook’s future prospects

With Facebook’s IPO scheduled for later this week, we decided to poll GigaOM readers and other technology watchers on the company’s longer-term prospects. So put the immediate future out of your mind, and think about how Facebook might evolve in the next 2 to 5 years.…

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