Since its launch in early February of last year, Facebook's online gift store has run off of standard U.S. dollars, letting users purchase gifts one at a time, or in bundles at a slight discount. However, starting Monday the popular social network has moved to a micropayment system where each point represents a cent, opening up its gifts marketplace to items outside of the $1 standard.
SAN FRANCISCO--Social-networking giant Facebook got a notch bigger in the last three months, and the company has higher hopes from a partnership with Salesforce.com.
Specifically, the company grew its active membership total from 90 million in early July to 120 million now, said Facebook Chief Operating Officer Sheryl Sandberg, speaking at Saleforce.com's Dreamforce conference here.
"We got more (members) in the last three months than in the first three years of our existence," Sandberg said. She also said the site now has more than 280,000 applications, small Web-based programs that can be housed on … Read more
SAN FRANCISCO--After a decade as the chief evangelist in the wilderness of software as a service, which has morphed into cloud computing, Salesforce.com founder and CEO Marc Benioff is having a more challenging time coming up with groundbreaking industry disruptions. But that isn't stopping him from enthusiastically preaching the cloud computing gospel.
Benioff and company have built a $1 billion business and gradually expanded a CRM application, run like Google runs search in the cloud, into a platform that greatly reduces the friction involved in business software development and delivery. With Microsoft recently entering the cloud-computing platform arena with Azure … Read more
TechCrunch's Michael Arrington has a solid analysis of Facebook's current financial system, and his outlook isn't good. To boot, he says, Facebook Chief Financial Officer Gideon Yu has been spotted in Dubai, possibly meeting with investors to raise more cash for the company.
Here are Facebook's current problems, per Arrington: Three-quarters of its users are now outside the U.S., many in countries where bandwidth and server costs are more expensive and advertising dollars are less reliable. Hardware costs, while they're lower than they were in the original dot-com era, are still expensive. He's … Read more
"Consumers are increasingly using the Internet as their platform of choice for viewing and sharing media with their families, friends, business associates, and customers," said Dan Khasis, Oosah co-founder and chief technical officer. "We felt that what was needed now was a way to make it simpler … Read more
Playfish, a leading maker of games for social networks like Facebook, said Tuesday it has closed a $17 million B funding round.
The company has released five games and four of them are on Facebook's top-10 list, Playfish said in a release.
The company, which is London, also has offices in San Francisco, Beijing and Norway. It said has 10 million users of its games, which include Bowling Buddies, Geo Challenge, Pet Society, Who has the biggest Brain and Word Challenge.
Although many games publishers have said that the recent economic downturn will affect their industry less than others, … Read more
If you have a MySpace or Facebook account, you know how hard it is to ignore friend requests. And in no time, you end up with a long list of buddies that contains mostly people you've never met or even talked to before. The definition for "friend" has never been more blurred.
In reaction to this and to bring back the true meaning of buddy-ship, on Monday, Clubbyclub announced its new social network to provide a private and safe place for friend groups, like student clubs, schoolmates, and sport teams.
This means random surfers can't find … Read more
With the holidays just around the corner, it's probably time you tried to figure out what to get your friends and family. How about you show them your wish list and they show you theirs?
That's the idea behind LivingSocial, a social Web site that on Monday announced its iPhone application. The social network allows users to access information on the interests of friends and family for gift ideas, as well as to publish photos and reviews. Its arrival on the iPhone could make for a handy on-the-go mobile resource for the holidays.
Facebook is known for keeping its cards pretty close to its chest, so to speak. But in recent months, the company has been drumming up its commitment to open source--and on Friday, Facebook announced that a piece of internally created software, called "Scribe," would be released back to the open source community.
So what is Scribe? Well, per a post on Facebook's blog, it's been instrumental in helping Facebook handle the enormous amounts of data that come through its servers. As the page for Scribe says, "If you use the site, you've used … Read more
On today's show, it appears that the person who caused Apple's stock to drop like a stone on reports of a Steve Jobs heart attack was just "doing it for the lulz." So, he didn't even short-sell the stock? Wow. Stupid trolls. Also, Oprah declares the Amazon Kindle her most favoritest gadget of all time. Wow. Kindle for President?Listen now: Download today's podcast EPISODE 838
Report: Teen planted fake story about Steve Jobs http://news.cnet.com/8301-13579_3-10074401-37.html
Will the Kindle Get an Oprah Bump? http://www.nytimes.com/external/gigaom/2008/10/24/24gigaom-will-the-kindle-get-an-oprah-bump-26376.html… Read more