Facebook
Google Targets Facebook’s Apps. Acquires Slide Inc
Sunshine -
It seems Google is closing corners to launch its social networking initiative - Google Me, a Facebook competitor. With its latest move - acquisition of Slide Inc, a social widget makes, clearly indicates the head path of the company. Slide Inc develops applications and virtual goods for Facebook, MySpace and other websites.
Internet Games
6Waves Ventures into Indian Gaming Industry with Zapak.com
6Waves, a leading international publisher and developer of gaming applications on the Facebook platform, has announced their tie up with Zapak.com to promote their Gaming portal in India. Indian Gaming portal Zapak.com would act as a marketing and payment solution partner in India for 6waves. According to Zapak, the company will bring all 6waves’ games, including Mall World which has attracted over 5 million users globally, to the Indian users.
Social Games
Facebook finally initiates hiring process in India
Social media site, Facebook.com, which has set up its first base in Asia at Hyderabad (India), has initiated its hiring process. To begin with, the social media giant has roped in Kirthiga Reddy as director of online operations and...
Social Media
Man Sues Facebook for 84% Ownership
Facebook has moved to overturn New York based judge's recent order for temporarily blocking assets of the company, as world No 1 social networking company responds to a lawsuit by a New Yorker named Paul Ceglla who claimed to own 84% company stack. In a civil lawsuit filed by Paul, he claims to have signed contract with Facebook CEO Mark Zuckerberg to develop and design a website which was named as "TheFaceook.com".
Microsoft
Microsoft Integrates Facebook with Outlook
Sunshine -
Microsoft is announcing today that its has integrated Facebook and windows Live Messenger into Outlook, making million of Outlook users closer to social networking and adding a bench for huge Facebook Users with Outlook. Just last year Microsoft announced the integration of Social Networking feeds into Outlook by Social Networking Connector to give you an instant information & update inside Outlook.
Social Media
Facebook will soon allow users to purchase Digital Goods without Credit Card
Sunshine -
Top rated Social Networking website Facebook will soon launch service to cater Asian users where Credit card won't be required to buy any Digital Goods like ebooks, app, games etc. with partnership with Malaysian company named MOL Global, Facebook eyeing more Revenue potential & online trading by Asian members. Known as little less comfortable with Credit Card transaction, Asian people still rely more on prepaid cards compare to credit cards.
Social Media
Facebook, Twitter now powerful tools that influence what people buy: Survey
Dazeinfo -
Social media such as Facebook and Twitter and blogging sites have become powerful tools that influence what people buy, according to a report by online researcher Nielsen. The inaugural Asia Pacific Social Media Report states that from China and India to Australia, online reviews are a major influence in buying electronics items, cosmetics, cars and food, among other things.
Social Media
Facebook To Invest $150 Million, To Hire 500 People in India
Sunshine -
US-based social networking site Facebook is expected to launch its India operations from Hyderabad in less than two months. Facebook, which has more than 500 million active users worldwide, including nearly 8 million subscribers in India, reportedly plans to invest $150 million in the initial phases and recruit close to 500 people for running its India operations.
Social Media
Facebook May Follow Linkedin
Sunshine -
Facebook has gone far beyond the quirky college start-up it once was, with revenue around $800 million last year and profit in the tens of millions, according to a Reuters report. But it could do a lot better, and make its critics far more comfortable, through optional premium memberships like Linkedin Business Model.
Social Media
AOL sells Bebo with the loss of 85%
Dazeinfo -
AOL has sold its social networking site Bebo to US-based merchant banking and financial advisory firm, Criterion Capital Partners. The deal was reportedly closed for less than $10 million. AOL had acquired Bebo by paying $850 million in March 2008. with tough market competition from frindster & Facebook, which over run Bebo made AOL to accept the loss of allmost 85%.
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Latest News
Quick Commerce War Heats Up: Can Flipkart Catch Zepto After the Failed Acquisition?
When a big company intends to enter a new business segment from scratch, it often prefers to acquire an...
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