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Digg slices 10 percent of staff, holds all-hands meeting

Digg slices 10 percent of staff, holds all-hands meeting

May 6, 2010 11:14 AM Kim-Mai Cutler

Digg, the social news site that skyrocketed to notoriety in the mid-2000s and then subsequently saw its star fade with the rise of Twitter and Facebook, said it will lay off 10 percent of its staff today.

The company’s founder …

Facebook measures happiness across 22 countries

Facebook measures happiness across 22 countries

May 6, 2010 10:57 AM Kim-Mai Cutler

Facebook is starting to measure the overall happiness of dozens of countries based on their status updates.

They’ve taken the idea of Gross National Happiness, which is meant to be a more holistic way of measuring quality of life compared …

A "perfect storm" of disruption in consumer finance is coming

A "perfect storm" of disruption in consumer finance is coming

May 5, 2010 11:59 PM Amy Errett

Guest Post

Amy Errett is a partner with venture capital and private equity firm Maveron LLC.

Every 20 years or so, the financial services industry experiences a wave of consumer innovation, such as when companies like E-Trade and Intuit changed the landscape …

Skype to make group video chat the next killer webcam feature

Skype to make group video chat the next killer webcam feature

May 5, 2010 12:37 PM Devindra Hardawar

Starting next week, Skype will begin beta testing a new group video chat feature on Windows PCs, according to the Associated Press. The feature will let up to five people join in on a video chat simultaneously, which is a …

Facebook to open Seattle engineering office; Hadi Partovi joins as an advisor

Facebook to open Seattle engineering office; Hadi Partovi joins as an advisor

May 5, 2010 11:00 AM Kim-Mai Cutler

Facebook is set to open an engineering office in Seattle this summer. The company is bringing on Hadi Partovi, who co-founded and sold iLike to MySpace and TellMe Networks to Microsoft, to build the team.

“Seattle has a strong history …

Groupon grabs Mob.ly, sets up a Silicon Valley presence

Groupon grabs Mob.ly, sets up a Silicon Valley presence

May 5, 2010 10:40 AM Kim-Mai Cutler

Group buying site Groupon is setting up twin beachheads on the West Coast with the acquisition of San Francisco, Calif.-based Mob.ly, a startup that has built mobile apps for big brand name clients like Digg, OpenTable and NBC, and a …

SlideShare adds video support to go beyond slides

SlideShare adds video support to go beyond slides

May 5, 2010 10:26 AM Anthony Ha

SlideShare is a site where users can share business presentations, but today it’s going beyond the “Slide” in the company’s name. It’s adding the ability to upload and share business videos.

Chief executive Rashmi Sinha (pictured here) described the new …

Justin.tv claims Thai government blocked protest coverage

Justin.tv claims Thai government blocked protest coverage

May 5, 2010 9:41 AM Paul Boutin

Internet censorship hit another hot Web startup this week.

“We found out yesterday the the Thai government has censored Justin.tv for anti-government content on the site,” Justin.tv vice president of marketing Evan Solomon wrote in an email this morning. “The …

Threadsy finally launches its Outlook-like social console

Threadsy finally launches its Outlook-like social console

May 4, 2010 6:01 PM Paul Boutin

One-stop social networking site Threadsy officially took the wraps off its well-tested website today, ending the beta period for what it calls an “integrated communication client” that combines email, Facebook, Twitter, instant messaging, and other social Web media to create …

Facebook's Paul Buchheit justifies increasing openness, less privacy

Facebook's Paul Buchheit justifies increasing openness, less privacy

May 4, 2010 5:08 PM Kim-Mai Cutler

Facebook’s Paul Buchheit, the Gmail creator who coined Google’s “Don’t be evil” slogan and later came to the social network through its FriendFeed acquisition, said he’s found immense value in removing most privacy restrictions to his profile.

His comments come …

Microsoft launches its Impossible Project: Spindex

Microsoft launches its Impossible Project: Spindex

May 4, 2010 4:19 PM Kim-Mai Cutler

Microsoft’s Future Social Experiences lab unveiled a personal and social way of navigating your news streams called Spindex today.

Spindex is a way of surfacing the most shared or popular items that come through your personal news feeds on social …

LinkedIn's Reid Hoffman says Facebook Open Graph is a great idea

LinkedIn's Reid Hoffman says Facebook Open Graph is a great idea

May 4, 2010 4:02 PM Anthony Ha

Reid Hoffman, founder and chairman of business social network LinkedIn and now a partner a Greylock Partners, talked this afternoon about Facebook’s ambitious new Open Graph initiative.

Hoffman was speaking at the annual meeting of the National Venture Capital Association. …

Twitter quotes put an end to lame screenshots of tweets

Twitter quotes put an end to lame screenshots of tweets

May 4, 2010 12:33 PM Paul Boutin

Social oversharing network Twitter has launched a new service that spits out HTML code for embedding a specific tweet into another Web page outside Twitter. Compared to the site’s simple, short text tweets, its quotes are a daunting barrage of …

Lawmakers propose new regulations for ad targeting, privacy

Lawmakers propose new regulations for ad targeting, privacy

May 4, 2010 9:30 AM Kim-Mai Cutler

Lawmakers unveiled proposed legislation that would regulate the way online advertisers can target consumers and how Internet companies collect data about their users today.

Rep. Rick Boucher (D., Va.), who has been talking about such a consumer privacy bill for …

Greylock, Andreessen Horowitz back stealth analytics startup Proferi

Greylock, Andreessen Horowitz back stealth analytics startup Proferi

May 4, 2010 8:45 AM Kim-Mai Cutler

Proferi, a still-secretive analytics company founded by Greylock entrepreneur-in-residence and former SAP CTO Christian Gheorghe, has raised $2 million from the venture capital firm and Andreessen Horowitz, according to an SEC filing.

Although the company is in stealth mode, it’s …

Offerpal Media launches a virtual money war with Facebook

Offerpal Media launches a virtual money war with Facebook

May 4, 2010 4:00 AM Dean Takahashi

Offerpal Media is launching a universal virtual currency for games today as part of an effort to expand its reach and revenues in the social gaming industry.

Gamers will be able to earn Offerpal’s Game Points virtual currency in more …

Android dev steps up to defend Google-AdMob deal amid FTC scrutiny

Android dev steps up to defend Google-AdMob deal amid FTC scrutiny

May 3, 2010 6:00 PM Kim-Mai Cutler

One of the mobile developers questioned by the Federal Trade Commission about Google’s agreement to buy ad network AdMob has stepped up to defend the search giant’s deal.

Wertago, which built a nightlife app for both the iPhone and Android …

InXpo adds social and game features to virtual conferences

InXpo adds social and game features to virtual conferences

May 3, 2010 5:48 PM Dean Takahashi

Virtual conferences are about to get more hip. InXpo, which stages online conferences that replace physical events, is expanding its repertoire to include games and social media inside its virtual experiences.

The Chicago-based company is one of a number of …

SuccessFactors buys CubeTree, adds social networking to its business tools

SuccessFactors buys CubeTree, adds social networking to its business tools

May 3, 2010 2:11 PM Anthony Ha

SuccessFactors, a public company offering Web-based tools for managing business processes, just announced it’s acquiring a startup called CubeTree. CubeTree is one of a number of companies offering “Facebook for enterprise” social networking tools, and SuccessFactors plans to add those …

Twitter tries to reinvent the quote with new embedding tools

Twitter tries to reinvent the quote with new embedding tools

May 3, 2010 12:45 PM Kim-Mai Cutler

For better and for worse, Twitter has become an essential tool for reporters.

Breaking news often speeds through Twitter faster than any other source. Influencers and thought leaders opine on it hourly, and its 140-character limit forces them to be …

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SocialBeat looks at the fast-changing social networking industry, with a focus on business opportunities and innovation. We track significant moves by the companies that everyone is talking about, such as Facebook and Twitter, while also writing about cool new startups (whether they are building on existing platforms or looking to compete directly) and established companies that try to ride the social networking wave.

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