The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters) The S&P and DJIA hit 2 year highs. (Reuters) China attacked the US over its plans…
Facebook says it will allow local retailers to send offers to users. The “Deals” service is based on Facebook technology which allows members to share their locations via their cellphone GPS systems–something…
Douglas A. McIntyre Digg.com was once so important to web 2.0, the spread of information and social media behavior that its executives were often interviewed about the future of news on the internet. Jay Adelson,…
Douglas A. McIntyre Updated throughout the day. Facebook allows some of its partners to run applications that can allow user information to be tapped (WSJ) Goldman Sachs Group (NYSE: GS) has begun a process to…
“Never give a sucker and even break; never wise up a chump” — WC Fields Facebook does not need anymore investment capital. It has raised several hundreds million in the last year.…
Douglas A. McIntyre Now that AOL, Inc (NYSE: AOL) has sold social network Bebo to Criterion Capital, which must have more money than sense, Rupert Murdoch has a precedent for dumping his moribund social network…
Reuters: The Chinese hinted they were ready to let the yuan rise. Reuters: Asian stocks are near a 22 month high. Reuters: Regulators plan to track fast frequency trading. Reuters: FTC may…
MySpace, Facebook, and YouTube are among the most visited websites in the world. Unfortunately, no one can figure out how to make money from them. According to comScore, Facebook, the smallest of…
Research In Motion (NASDAQ:RIMM) has launched Facebook® for BlackBerry® Smartphones. This announcement came out of CTIA Wireless IT and Entertainment 2007. This will allow BlackBerry software applications that enable fast, streamlined and…
Douglas A. McIntyre The WSJ (wsj.com) (subscription required for full access) has reported that Microsoft (NASDAQ:MSFT) may be making an investment into Facebook that would supposedly value Facebook at $10 Billion. That doesn’t mean this…
CNN Money used the number $10 billion when talking about the valuation of Facebook, the social network.There was a bit of joking in that. Yahoo! (YHOO) apparently considered a $1 billion bid…
Facebook’s May numbers show that the social network site has grown 89% in one year in terms of unique visitors. Page views have more than doubled during that period, according to comScore.…
