News aggregator site Digg has announced it unveiled a new “streaming API” (Application Programming Interface) that the company hopes will save it from declining traffic and community involvement.
Nintendo has drawn a lot of notice for its upcoming 3DS game handheld because it lets you watch stereoscopic 3D imagery without 3D glasses. But the new system, which debuts in March in the U.S., also has an expanded social networking feature that the Wall Street Journal says will be critical to its acceptance.
Social news aggregator Digg laid off more than a third of its staff Monday in the wake of a failed redesign, and its top sales and finance executives left — suggesting that more than just the website’s look and feel need fixing. In a post on the company blog, new CEO Matt Williams claimed the cuts, affecting 25 out of 67 employees, were needed in order to achieve profitability by mid-2011.
Angel investors and venture capital firms are teaming up to find the best deals, new data released today shows, with investors paying particular attention to startup companies active in the IT and business technology space
The Wall Street Journal is fighting back against an article today by TechCrunch’s Michael Arrington (pictured) that claims the newspaper pulled its punches when examining whether or not online social networks were inappropriately leaking personal information about users to advertisers.
Investors interested in grabbing a piece of the white-hot social buying sector threw more money into the space today, as shopping recommendation site ShopSocially announced $1.1 million in first round financing, and Spanish coupon site Groupalia locked down €5 million in its second institutional round of funding.
Involver, a startup that helps brands manage social media channels, announced today that it has over 100,000 customers and just closed $8 million in mezzanine funding.
Qualcomm, which manufactures chipsets for some of today’s most popular smartphones, is making a move into software development with its acquisition of mobile app developer iSkoot today.
Some six weeks after he was hired to be the new chief executive of news aggregator Digg.com, Matt Williams greeted community members for the first time today, apologized for the site’s botched attempt at a redesign, and announced officially that several old features would be returning.
Private online community and social networking firm Passenger announced today that it has raised $7.5 million in a funding round led by shareholders Steamboat Ventures, StarVest Parners and Shelter Capital Partners.
Social news aggregator Digg hired former Amazon executive Matt Williams to be CEO a little over a month ago, but ex-CEO and co-founder Kevin Rose is still fiddling around with the site it seems.
SocialShield, a service designed to help parents keep their kids safe while using online social networks, announced today that it has received $10 million in a first round of institutional financing from a conglomeration of sources including U.S. Venture Partners, Venrock and a group of angel investors.
Social news aggregator site Digg.com is trying to work its way out of the traffic hole it created with its botched redesign attempt. Today it announced the return of several popular features from its previous version.
Yammer, a social networking platform like Facebook for business professionals, announced that it is launching its expanded suite of social networking tools with third-party app integration for the business professionals of the world. The announcement came at TechCrunch Disrupt in San Francisco today.
A month ago, popular news aggregator Digg underwent a redesign that many describe as disastrous. Now, despite bad press, site bugs, and a traffic collapse, the company is trying to put a good face on its current state. It sent letters to publishers this week in an attempt to calm them during what many say is a drop in referral traffic.
Tumblr, a social media network made up of millions of personal and business blogs, is seeing massive traffic growth, but is undergoing equally big growing pains.
For a long time now, Digg has been the king of technology news aggregation. Tech fans liked the way they could rate their favorite tech stories highly, and see links to those rise to the top of the site’s home page.
The top Digg user of all time has a surprisingly calm demeanor as he brings up how he warned Digg many months ago about the backlash it’s facing.
Popular social news aggregator Digg prevented individual users and publishers alike from manually submitting new content Monday morning.
The chances that two college-only social networks would launch in the same week seems pretty low. The chances that both networks would also be backed by big name investors seems even lower. But, that’s exactly what’s happened. Along with Scoop, a mobile app backed by Google CEO Eric Schmidt, CollegeOnly launched today backed by PayPal founder Peter Thiel (who’s also on the board of Facebook).
Under stress from heavy World Cup traffic, Twitter fell to the bottom of the rankings that compare site load times and reliability for social networks, according to AlertSite today.
Facebook is going to go beyond rolling out standalone applications for iPhones, Google Android devices or feature phones and start considering itself a platform for developers to distribute mobile apps with.
Twitter is supporting 800 million queries a day, or 33 percent more than it said it was handling back in April, according to co-founder Biz Stone, who spoke at the Aspen Ideas Festival today.
ReputationDefender, a Redwood City-based startup aiming to help people manage their privacy and reputation in a world where more is being published and shared than ever before, raised $15 million in a third round of funding led by JAFCO Ventures. Earlier investors Kleiner Perkins Caufield & Byers along with Bessemer Venture Partners tacked on more funding as well.
A donation-based project called ReclaimPrivacy has launched a browser bookmarklet that checks your Facebook settings for unanticipated changes.
When Google was fresh off its $27 billion initial public offering almost six years ago, Facebook was but a college social network fueled by hormones and the occasional lascivious profile photo. It had just around 200,000 members and $500,000 in angel funding.
After fumbling attempt after attempt at getting social networking right, Google is looking for a new executive to show it the way. It’s apparently hiring a new head of social.
It’s a newsy morning in the world of chief privacy officers and social networks.
Assured Labor, a social network for job hunters in developing countries, raised $1 million in funding from angels including former Skype chief executive and chairman Michael Van Swaiij, Kima Ventures and Nexus Venture Partners.
Social gaming giant Zynga has grabbed MySpace’s vice president of global communications, Dani Dudeck, to shore up its public relations department.
Facebook will unveil a raft of new features when it takes the stage tomorrow at its first f8 developer conference in two years. That’s one week after its social networking rival Twitter unveiled its own competitive vision for the social web and finally debuted an ad network at its inaugural developer conference. Who will win this round in the battle for the social web?
AOL, which tried to break into social networking two years ago when it spent $850 million to acquire Bebo, looks like it may finally give up on this painful acquisition.
December 2009 data from comScore puts Facebook’s unique US visitor count at nearly 112 million. With a total estimated US Internet population of 205 million, that means that 54% of all Internet users are on Facebook. MySpace captured a still strong 57 million users in December — 27% of the Internet population.
Guest Post (Editor’s note: Adam Toren is co-founder of YoungEntrepreneur.com. He contributed this story to VentureBeat.)
As social media has reached mainstream consciousness this year, businesses have been inundated with the message that they must immediately get on board or risk doom and calamity. The hyperbole (and the frenzied buzz it creates) is confusing and many businesses could use a practical guide on how to evaluate social media and how to engage – if it’s appropriate.