Roundup: Cuts at One Laptop Per Child, Yahoo takeover plans and more
Here’s the latest action:
One Laptop Per Child cuts 50 percent of staff — The group says it is refocusing its efforts and that the remaining 32 team members are facing salary cuts.
Investment group eyes Yahoo takeover — Silicon Valley executives and investment bankers are putting together a takeover deal that would be largely financed by debt from Microsoft, according to TechCrunch.
Google’s Eric Schmidt wishes he could save newspapers — But he says there’s no clear solution yet, and… Continue Reading
Facebook sues social network connector Power.com
When Power.com, a service that lets you access all your social networks through a single site, launched last year, VentureBeat editor Matt Marshall wondered whether it was violating the networks’ terms of service. At the time, Power.com chief executive Steve Vachani insisted it wasn’t, but it looks like Facebook disagrees: The social networking company just sued Power.com for breaking anti-spam laws, for violation of the computer fraud and abuse act, and for infringing Facebook’s copyrights… Continue Reading
Power.com wants to let you interconnect with all social networks
Power.com, the latest company that wants to bring you social networking Nirvana by letting you update all your profiles from a single place, launches this evening.
However, it needs a bit of work before it’s truly convincing. It has some bugs, and has the air of being rushed.
But it’s goal is noble. For a while now, the problem of having multiple profiles has plagued users. You may use Facebook regularly, but you may also have a… Continue Reading