Two members of the U.S. House of Representatives are putting the pressure on Facebook to say more about its plans to share more user information with third parties: On Thursday, U.S. Reps. Ed Markey (D-Mass.) and Joe Barton (R-Texas) published a joint letter to Facebook CEO Mark Zuckerberg in which they request "information about Facebook's recently announced, and subsequently postponed plan to make its users' addresses and mobile phone numbers available to third-party Web sites and application developers."
Facebook has sent out an invitation for a Tuesday press conference at an address in Menlo Park, Calif., which houses the city's municipal buildings. The company has confirmed CNET's guess that it would be to formally announce new headquarters within the Silicon Valley city.
"The press event on Tuesday at Menlo Park City Hall is regarding a campus that will fit our long-term business needs," a Facebook representative said via e-mail. "We'll be sharing more information at that time."
Facebook said late last year that it was searching for locations for a long-term … Read more
Lady Gaga--pop star, wearer of meat dresses, Polaroid muse--is one of the launch partners for a new service called SkyGrid Groups, which lets a celebrity, organization, or other brand pull together social-media bits from Facebook, Twitter, YouTube, and Flickr onto a separate aggregated page.
This in itself is not particularly groundbreaking. SkyGrid's hook is that Lady Gaga or anyone else using the free service can quickly create a page for any specific concert or appearance. Then, through a custom interface, she (well, her social media team) can search Twitter or YouTube and automatically add media or the profile … Read more
The sector of the tech news world that isn't talking about today's launches of News Corp.'s iPad publication, The Daily, or Google's Android Honeycomb operating system is probably talking about two start-ups called Instagram and Path. Both are mobile photo-sharing companies that announced today that they've finalized their Series A funding rounds. Here comes the speculation over which one could "kill" the other.
Well, the two aren't straight-up rivals. Both are photo-sharing services that center, at least at launch, on the iPhone, but they're quite different in structure. Instagram, with its … Read more
AOL's advertising revenues have dropped yet again, according to the company's 2010 fourth-quarter earnings report, issued today. But the good news? Wall Street had been anticipating that things would be even worse.
Revenue for the quarter was $596 million, down 26 percent year over year as the company continues to lose subscribers to its waning dial-up Internet access service. Advertising revenue--which AOL sees as its future--was $332 million, down 29 percent from last year. There has been continual restructuring taking place at the company since Tim Armstrong was named as AOL's CEO nearly two years ago and … Read more
When blog network Gawker Media announced last year that it would be completely redesigning its portfolio of media properties--which include Gizmodo, Jalopnik, Jezebel, and the namesake Gawker.com--it created a wave of banter in the media industry. With only one story fully highlighted on the front page and a frame serving up alternate stories' headlines, Gawker honcho Nick Denton is steering the company into a theoretical post-blog age.
But, when the redesign went live on several Gawker properties Tuesday, there were still a few surprises to the notably tablet-friendly experience. For one, Gawker sites have now completely eliminated … Read more
Facebook is planning to launch a third-party commenting system in a matter of weeks, according to multiple sources familiar with the new product. This new technology could see Facebook as the engine behind the comments system on many high-profile blogs and other digital publications very soon.
The company is actively seeking major media companies and blogs to partner with it for its launch, part of a bigger media industry move spearheaded in part by the recent hires of Nick Grudin and Andy Mitchell, media business development executives with respective track records at Newsweek and The Daily Beast.
Representatives from Facebook … Read more
The last time we wrote about Facebook founder and CEO Mark Zuckerberg making an appearance on "Saturday Night Live," it was an April Fool's Day joke. Now, according to a rumor posted in the New York Post, that wacky idea may come true.
Jesse Eisenberg, the actor who played Mark Zuckerberg in "The Social Network," an unflattering but acclaimed portrait of the young CEO, is scheduled to host "SNL" this Saturday. Eisenberg was just nominated for an Academy Award for Best Actor, so it's a high-profile "SNL" hosting appearance. According … Read more
LinkedIn has formally announced its plans to go public through the filing of an S-1 form with the U.S. Securities and Exchange Commission this afternoon, making it the first time that the business networking site has turned over many of the detailed facts about its financial operations.
"We believe we are transforming the way people work by connecting talent with opportunity at massive scale," LinkedIn explained in its filing. "Our goal is to provide a global platform capable of mapping every professional's experience, skills, and other relevant professional data to his or her professional graph, … Read more
There were some surprising tidbits in Amazon's quarterly earnings release today.
Sales topped $10 billion for the first time. In spite of the threat that Apple's iPad presents for its Kindle e-book reader, Amazon announced that its Kindle e-book sales now top paperback book sales; they were already more popular than hardcover books. However, the 36 percent increase in revenue, unfortunately, still fell short of Wall Street's high expectations for the steadily growing e-commerce company.
Sales reached $12.95 billion for 2010's holiday-heavy fourth quarter, up from $9.52 billion in the fourth quarter of the … Read more