Why AOL May Just Abandon Bebo Rather Than Sell It March 12, 2010
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Mar 10 - Newly independent AOL is still struggling with
the fate of Bebo, the social network they acquired for $850M in
2008. Bebo has fallen from 22M monthly unique visitors when it was
acquired to 14.6M today (Comscore). But even so, Bebo clearly has some
value on the open market. Despite
If you enjoyed this post, make sure you subscribe to my RSS feed!
Facebook To Be Partnering With Eventbrite March 10, 2010
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Mar 8 - Facebook looks to be partnering with Eventbrite
to let users sell tickets to the 3.5M events added to Facebook each
month. And even though only a small percentage of events need ticket
sales, lots of them want to give out free tickets. Eventbrite does
If you enjoyed this post, make sure you subscribe to my RSS feed!
Mochi Media Launches $10 Million Investment Fund March 9, 2010
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Mar 8 - Flash game advertising network and payments
platform Mochi Media is launching a social gaming platform and a $10M
fund to invest in game developers. Mochi Social allow developers to
build social features into their games such as inviting friends,
sending gifts, or posting to an activity stream. The
If you enjoyed this post, make sure you subscribe to my RSS feed!
Hulu Investor Injects $50 Million Into Baidu’s Online Video Venture February 27, 2010
Posted by admin in : Social Networking , add a commentTECH CRUNCH - Feb 26 - Hulu investor Providence Equity Partners is
pumping $50M into a new online video company set up by Chinese Internet
search giant Baidu. The news comes 7 weeks after Baidu confirmed plans
to established a new independent company to provide licensed,
advertising-supported online video content to Chinese Internet
users. According
If you enjoyed this post, make sure you subscribe to my RSS feed!
Currensee Raises $8 Million February 24, 2010
Posted by admin in : Social Networking , add a commentIf you enjoyed this post, make sure you subscribe to my RSS feed!
LinkedIn Now 60M Strong February 13, 2010
Posted by admin in : Social Networking , add a commentIf you enjoyed this post, make sure you subscribe to my RSS feed!
Meebo Makes It Easier To Start Using Its Chat Bar February 3, 2010
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Feb 1 - 2009 was a good year for Meebo, which saw its
Meebo Bar spread to over 130 partner sites. The chat bar now reaches
110M unique visitors according to Quantcast. Starting later this week,
you will no longer need to sign up for a Meebo account to
If you enjoyed this post, make sure you subscribe to my RSS feed!
Tagged.com Wins $201,975 In Default Judgment Against Spammer January 30, 2010
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Jan 29 - Tagged.com has been awarded more than $200,000 in a
default judgment against Erik Vogeler, who spammed thousands of Tagged
members by sending them unsolicited messages with links to an adult
dating website. FULL ARTICLE @ TECH CRUNCH
If you enjoyed this post, make sure you subscribe to my RSS feed!
Elevation To Invest $100 Million In Yelp January 29, 2010
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Jan 27 - Elevation will invest as much as $100M in Yelp.
For now, Yelp will be raising a $25M in a Series E round from
the firm. Elevation co-founder Marc Bodnick will be joining Yelp’s Board of
Directors. FULL ARTICLE @ TECH CRUNCH
If you enjoyed this post, make sure you subscribe to my RSS feed!
Friendster Strikes Deal With Yahoo Southeast Asia January 13, 2010
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Jan 11 - Friendster, the social network which was
acquired in December by Malaysian payments company MOL Global, has
struck a deal with Yahoo Southeast Asia. The purpose of the deal is to
integrate product features and cross-promote across both Friendster and
Yahoo. Friendster
If you enjoyed this post, make sure you subscribe to my RSS feed!
Critical Path Acquires Shozu January 6, 2010
Posted by admin in : Social Networking , add a commentIf you enjoyed this post, make sure you subscribe to my RSS feed!
Zynga CEO Mark Pincus On Charlie Rose January 1, 2010
Posted by admin in : Social Networking , add a commentTECH CRUNCH - Dec 30 - Charlie Rose welcomed Zynga CEO Mark Pincus on his show last night for a 15 minute interview. Pincus says 60-70M people a day are playing social games on Facebook and MySpace, and 1%-2% are willing to shell out actual cash to enhance gameplay. Zynga is behind some
If you enjoyed this post, make sure you subscribe to my RSS feed!
Twitter Acquires Mixer Labs To Step Up Geo-Location December 29, 2009
Posted by admin in : Social Networking , add a commentTECH CRUNCH - Dec 23 - Twitter has acquired Mixer Labs, creators of
GeoAPI. GeoAPI provides developers with the ability to query the world
through services which include a reverse geocoder; deep data about 16M
businesses and tens of thousands of points of interest; a writable
layer for developers to annotate the world
If you enjoyed this post, make sure you subscribe to my RSS feed!
O2 Rings Up Jajah For $200 Million December 22, 2009
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Dec 20 - Last month, we wrote about Jajah being the target
of a bidding war. Today, it appears that war is over, with the winner
being O2, and the price being $200M. Microsoft and Cisco were two other
companies that were vying to get the company. Back
If you enjoyed this post, make sure you subscribe to my RSS feed!
Friendster Gets A Major Makeover December 4, 2009
Posted by admin in : Social Networking , add a commentTECH CRUNCH - Dec 3 - Friendster is in for a major revamp tomorrow, including a new logo, tagline (”Connecting Smiles”) and an entirely fresh look. Friendster outlines some of the changes in this video.
If you enjoyed this post, make sure you subscribe to my RSS feed!
LinkedIn Hits 3 Million Members In The UK November 26, 2009
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Nov 25 - LinkedIn has hit a milestone in the UK,
surpassing 3M registered users. LinkedIn could pursue an initial
public offering at any time it wanted to, considering it’s been running
at a profit for a couple of years already and still has massive growth
potential. LinkedIn
reached 45M registered
If you enjoyed this post, make sure you subscribe to my RSS feed!
LinkedIn Opens Up API November 24, 2009
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Nov 23 - LinkedIn recently launched two-way integration
with Twitter and also rolled out a plug-in to pull in your LinkedIn
contacts within Microsoft Outlook. And today, LinkedIn is opening up
its API to start letting developers make applications that tap into
LinkedIn’s social network. FULL
If you enjoyed this post, make sure you subscribe to my RSS feed!
MySpace Signs Agreement To Acquire iMeem November 20, 2009
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Nov 18 - MySpace will acquire most of the assets of iMeem
for ~$1M in cash. $1M isn’t the “real” purchase price for the company.
Some assets are being left behind, including millions of dollars in
accounts receivable plus some other cash. All or most of these
If you enjoyed this post, make sure you subscribe to my RSS feed!
Burda Buys 25% Stake In XING November 19, 2009
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Nov 18 - German media giant Burda has purchased a 25.1%
share in XING, the business social network that is biggest in Germany
and competes with LinkedIn. The 1,323,041 shares were sold to Burda by
Cinco Capital, the investment vehicle owned by the former XING
co-founder Lars Hinrichs. Priced at
If you enjoyed this post, make sure you subscribe to my RSS feed!
RockYou Raises $50 Million November 17, 2009
Posted by admin in : Social Networking , add a comment TECH CRUNCH - Nov 16 - Social network app developer and advertising
platform RockYou has raised $50M in a Series D round of financing from
existing investor Softbank. RockYou, which launched in Nov 2005, has
now raised $119M in capital and has revenues rumored in the $30M to
$40M/year range
If you enjoyed this post, make sure you subscribe to my RSS feed!







