Business social-networking site LinkedIn chief executive Jeff Weiner said he expects to include internal enterprise communication tools like those seen in Salesforce.com’s Chatter and Yammer within LinkedIn.
Twitter today confirmed that it is raising a large funding round from Russia’s DST, the investment company that has backed Facebook, Groupon and Zynga.
Twitter is raising $400 million in its seventh round of funding, according to documents uncovered by venture capital information service VCExperts.
Micro-blogging service Twitter is in the process of raising $400 million in funding that would value the company at $8 billion, according to a report by the New York Times.
Micro-blogging service Twitter said its users now send short messages called tweets more than 200 million times every day.
Google has agreed to a settlement with the Federal Trade Commission that will require the creation of a new “privacy program” within the company after claims that its ham-handed attempt at creating a micro-blogging service called Buzz violated the privacy of a large number of its users.
Not even the enterprise application ecosystem is safe from the invasion of freemium services.
Salesforce.com missed an opportunity when it marketed its collaboration application Chatter, opening the door for collaboration startups like Yammer, a social network for enterprise users, to come in and take over the collaboration sector, said Kevin Spain, a partner with Emergence Capital Partners.