Concerns about privacy on social networks have increased drastically since a year ago among older users, but not younger ones, a new study shows.
The battle of sass between Google and Facebook got a lot hotter today, when Google lobbed another grenade at Facebook’s policies on user data by specifically asking users if they want to potentially compromise their friends’ information by uploading it to Facebook.
Google will start a fund worth $8.5 million to help pay for lawyer expenses and provide funding for nonprofits focused on privacy education after settling a class-action lawsuit slamming Google Buzz’s privacy issues, it announced today.
Social news aggregator Reddit.com announced Monday that its chief executive and lead developer Christopher Slowe is leaving the company, even as the site experiences a year of unparalleled traffic success.
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.
White-hot microblogging startup Twitter is growing at a booming pace, gleefully tweeting today that it just hired its 300th full-time employee as it continues a hiring spree that began last spring.
Jay Adelson, the former chief executive of Digg, gave a post-mortem on his time at the pioneering social news network today at the FailCon conference in San Francisco.
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.
Stealth social networking startup CafeBots came into the light in a big way today, after the firm announced it has closed an initial funding round of $5 million from early stage venture capital firm Kleiner Perkins Caufield & Byers’s brand new sFund.
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.
Many businesses view social media tools like Twitter as time-wasting distractions for employees. But social-media software startup Optify has secured $6.1 million in financing as the group seeks to gain a lead in the already-crowded field of companies offering social marketing tools to blue-chip customers.
The game of musical chairs in the executive suite at Second Life parent company Linden Lab continued today, as founder Philip Rosedale, who had been serving as interim CEO since June, announced he was stepping down from the job immediately.
Buddy Media, the Facebook page-management service for brands and businesses, said today it has raised $23 million in mezzanine financing as it attempts to keep up with booming growth and capture the attention of deep-pocketed institutional investors.
Good judgment and patience — the kind of qualities that are vital, yet hard to assess in a potential hire or partner — helped win Peter Kazanjy funding for his startup. And he’s planning to use the money to keep building a site that will help others make similar assessments of people they’re going into business with.
Andrew Trader, an early team member of red-hot gaming startup Zynga, is now joining venture capital firm Maveron, the company told VentureBeat late Monday.
A former Facebook president’s pet project for philanthropy, Causes, is coming into its own, announcing today it has closed a $9 million round of mezzanine funding.
BlueCava, a credit bureau for devices conducting business online, has closed a $5 million first round of funding led by billionaire Mark Cuban and entrepreneur Tim Headington. The company told VentureBeat it expects to conduct a second round as soon as April.
While sales of video games in physical stores is declining, the amount spent online on digital goods for games is skyrocketing.
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.
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.
The usage of social networking site Twitter as an agent for political and social change will only increase in upcoming years, predicted cofounder Evan Williams at a public debate today, as the service continues to reach more people in real-time.
Are angel investors, fund managers and even some retail investors getting in on the back end of privately held multibillion dollar startups by snatching up shares from employees and stockholders now?
Social media provider Syncapse announced today it has finalized a $2 million round of financing from the Business Development Bank of Canada.
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.
Online ticketing agent Eventbrite has clearly caught the eye of investors looking for an upwardly mobile competitor to dominant market player Ticketmaster, on Wednesday announcing it had raising $20 million in mezzanine financing from DAG Ventures and Tenaya Capital.
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.
While big brands and agencies have the luxury of resources and money, local businesses don’t. What they need is a social-media dashboard — an all-in-one, Web-based monitoring tool for Facebook, Twitter, and other social sites where customers hang out — that can optimize their online presence, engage with users and manage social campaigns. But that tool needs to meet three criteria: cheap, easy to use and automated. With that in mind, here’s a list of the top four that I find particularly well-suited for business use.
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.
Linkedin, a social networking site for people looking to connect with other professionals, is launching a new feature, called Signal, that will help users manage their news feeds on the main website. Jeff Weiner, the CEO of Linkedin, announced the launch of Signal at TechCrunch Disrupt in San Francisco today.
Last night, I watched The Social Network, the much-anticipated movie about the founding of Facebook from Hollywood storytellers Aaron Sorkin and David Fincher. And as the credits rolled, I found myself thinking that it could have been much, much worse for Mark Zuckerberg, Facebook’s youthful CEO, who finds his life being chronicled when much of it has yet to unfold.
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.
Each day, Facebook game developer and FarmVille creator Zynga delivers about a petabyte of data — that’s 1 million gigabytes, or more than six Libraries of Congress — for its array of social games, chief technology officer Cadir Lee said at the Oracle OpenWorld 2010 conference in San Francisco today.
SocialSmack is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week in Silicon Valley. After our selection, the companies pay a fee to present. Our coverage of them remains objective.
HomingCloud is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week in Silicon Valley. After our selection, the companies pay a fee to present. Our coverage of them remains objective.
Salesforce.com, a company that creates applications for sales and customer support, today announced the launch of Chatter Mobile, a mobile application for colleagues to stay up to date on work activities while out of the office.
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.
Bad buzz over a faulty service can exact a price from an Internet giant. But what’s the real cost?