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'Old Farts' Invade Facebook
'Old Farts' Invade Facebook

'Old Farts' Invade Facebook

Journal's Matthew Rose experiences mid-life crisis in cyberspace

(Newser) - Facebook has matured from an e-frat house where co-eds post pics of their hedonistic exploits to a cyber-cocktail party where the well-heeled gather to display baby pictures and taunt each other like, well, school kids. “I am so telling Rupert,” a columnist teases the Journal’s Matthew Rose,...

Facebook to Join Google's 'OpenSocial' Alliance?

Site might be ready to give up its proprietary approach for new standard

(Newser) - The day after MySpace announced it was joining a Google-led alliance meant to let applications written for one social networking site be used on others, it looks like lone outsider Facebook could join up, too. That's according to Fortune Magazine, which reported that Facebook and Google representatives met yesterday and...

Google Out to Smite Facebook Software Platform

'OpenSocial' to lure software developers away from Facebook

(Newser) - Google couldn't buy a piece of Facebook, so it's going after the social networking site's software platform instead. Tomorrow a Google-led alliance will  introduce a common platform for software developers to write programs for Google's social site, Orkut, along with LinkedIn, hi5, Friendster, Plaxo, Ning and others. The hope is...

Meebo Joins Facebook as Platform
Meebo Joins Facebook as Platform

Meebo Joins Facebook as Platform

Instant messenger site allows outside developers to create new applications

(Newser) - Meebo, an instant-messenger startup, is following in the footsteps of Facebook by allowing certain hand-selected developers to create new widgets for its pages. Unlike Facebook, however, it plans to lure developers by offering them half the revenue gained from the features they create and will sell the ads itself, instead...

Google to Blow Minds With Facebook Rival ‘Maka-Maka’

Upcoming rollout could revolutionize social networking

(Newser) - Google is set to launch its hush-hush rival to Facebook next month. Code-named “Maka-Maka,” the watershed social networking service will introduce a completely open source platform and a slew of new applications. Details are scarce, but the vision is a social layer that combines all of Google’s...

Don't Let Facebook De-Face You
Don't Let Facebook De-Face You

Don't Let Facebook De-Face You

Protect your offline reputation on social networking sites with these six steps

(Newser) - Social-networking sites make it easier to connect with friends and make new ones, but they also let casual acquaintances  like co-workers—or your boss—look you up on a whim.  Protect your privacy with these six steps from MarketWatch:
  1. Look for tools that allow you to restrict access to
...

Colbert Nation Rules Facebook
Colbert Nation Rules Facebook

Colbert Nation Rules Facebook

Fictional presidential campaign rocks online fans

(Newser) - The Facebook group "1,000,000 Strong for Stephen T. Colbert" reached a million members in just over a week, making the organization devoted to the comedian's phony presidential campaign the fastest-growing political group in the four-year history of the social networking site. 

Will Costly Options Hurt Facebook?
Will Costly Options Hurt Facebook?

Will Costly Options Hurt Facebook?

High valuation from MS could slow recruiting in Silicon Valley

(Newser) - Microsoft's recently purchased stake in Facebook may make it harder for the social networking site to hire talented employees, reports the Wall Street Journal. By selling a 1.6% stake for $240 million, Facebook increased its valuation to $15 billion, in turn radically increasing the cost of stock options, which...

Facebook Seeks Hedge Fund Cash After Microsoft Deal

Social networking site now valued at $15B

(Newser) - After raising $240 million from Microsoft, the social networking site Facebook expects to raise a further $260 million from hedge funds and private-equity investors, according to the Wall Street Journal. The cash will be used to fund an international expansion and a new ad revenue system. The investment would put...

Microsoft Deal Overshadows Google's Analyst Day

Facebook deal dominates conversation, irritates execs

(Newser) - Google made some noteworthy announcements at its Google Analyst Day yesterday, but they were overshadowed by Microsoft's announcement earlier in the day that it was acquiring a $240 million stake in Facebook, a prize for which the two companies had reportedly engaged in a heated bidding war. Among Google's news:...

Microsoft Beats Out Google for Facebook Deal

Company will handle international ad sales, invest $240 million

(Newser) - Microsoft has beaten out Google for the hand of fair Facebook. The much-anticipated decision was announced today: Microsoft will handle Facebook's international ad sales (it already handles US sales) and invest $240 million for a 1.6% stake in the networking site. "We are pleased to take our Microsoft...

Facebook Closes in on Combo Ad, Investment Deal

Company's partner choice will be either Microsoft or Google

(Newser) - Google and MIcrosoft are both pushing hard to land a deal to sell international ads for Facebook, and the networking site could announce a decision as early as today. Whichever company is chosen will also buy a minority stake in the startup. Top Google and Microsoft execs are traveling to...

Cable, Telcos Killing US Web Success Says Pundit

Sees broadband providers' Luddite attitudes stifling growth, innovation

(Newser) - Comcast’s recent disabling of big file uploads could lay waste to Silicon Valley’s media complex, says SiliconValleyWatcher’s Tom Foremski, injuring or killing Web 2.0 companies like YouTube or Facebook. Comcast's insistence that it isn’t contractually obligated to provide those companies’ services, he argues, is the...

Facebook May Announce Deal Results Tuesday

Social-network firm has scheduled a sudden all-hands meeting

(Newser) - The result of the bidding war between tech giants Microsoft, Google and Yahoo as to who will own a large investment stake in the social networking site Facebook is still not clear, but an answer may be forthcoming: an all-hands meeting for the young company has been called for Tuesday,...

Google Ads Backfire on Social Site in Brazil

Ads placed near offensive material set off controversy

(Newser) - Google's attempts to capitalize on its Orkut social networking site in Brazil blew up when ads began appearing next to child pornography and racist screeds, causing a round of controversy and a lawsuit for the online giant. Google immediately yanked the ads, reports the Wall Street Journal,  but now...

Don't Buy Latest Dot-Com Hype, Mag Warns

Economist finds holes in social net sites like Facebook, MySpace

(Newser) - While Facebook and other online social networks are growing like digital weeds in Silicon Valley, their popularity may be more a product of hyperbole than actual developmental potential, the Economist argues. But major internet speculators Google, Yahoo, and Microsoft don't seem to care, as each bids billions to buy Facebook,...

Facebook Founder's No to IPO
Facebook Founder's No to IPO

Facebook Founder's No to IPO

Zuckerberg says going public is years away

(Newser) - Facebook's founder Mark Zuckerberg has quashed speculation over a possible initial public offering. Speaking to an overspill audience at the Web 2.0 conference, held in a ballroom of the ornate Palace Hotel in San Francisco, Zuckerberg said Facebook, the popular internet social network, would not be selling shares on...

Facebook Getting Safer
Facebook Getting Safer

Facebook Getting Safer

Networking site will work closely with New York attorney general's office

(Newser) - Facebook will roll out new protections against online predators, CNN reports, after an investigation by New York's attorney general last month blasted the site for "significant defects." The improvements include a new disclosure for parents and an easier process for reporting unwanted advances. Facebook will also appoint (and...

MySpace to Partner With Skype
MySpace to Partner With Skype

MySpace to Partner With Skype

Deal will offer MySpace users free online phone calls

(Newser) - Online juggernauts MySpace and Skype will team to connect users of the social networking website to the free online phone call service starting in November. Skype's CEO called the move "an obvious fit," while the New York Times notes the potential crossover—MySpace claims 110 million mostly US-based...

MySpace to Welcome Outside Widgets
MySpace to Welcome Outside Widgets

MySpace to Welcome Outside Widgets

Site will match Facebook by opening itself to third-party apps for users

(Newser) - MySpace will announce next week that it's making space for third-party developers, TechCrunch reports. Whispering began in June about the development of MySpace Platform, which will allow outside companies to create applications for the popular social-networking site. In a huge change, developers will also have a chance to include advertising...

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