socialnetworking

Twitter Says No Plans for IPO or Fundraising on the Horizon

Twitter co-founder Biz Stone has rejected the IPO rumors and widely reported notion that the popular microblogging site is in talks to sell a 10% stake to JPMorgan Chase for $450 million -- which would have jacked up the site's valuation to $4.5 billion.

Where's the Surge in Social Media IPOs?

You'd think investors would be frothing at the mouth for any IPOs in the social media sector. But only a few players look serious about going public soon, and investors aren't putting as much pressure on them to jump as you'd expect.

Will Added Investors Force a Facebook IPO in 2012?

Facebook expects its investor base will exceed 500 this year, a level at which the SEC will require it to disclose its financial results to the public. That may be enough to push the social networking giant into an IPO in 2012 -- but founder Mark Zuckerberg could opt to release that data and keep Facebook private anyway.

How the Web Will Make Winners and Losers in 2011

A year ago, hardly anyone was expecting Angry Birds or Groupon to be among the stars of 2010, but the underlying trends that powered their success were plain enough. So while it's nearly impossible to accurately predict what the next big hits will be, here are five trends that may help separate 2011's winners from its losers.

Yahoo Is Pleasing Investors, Instead of Its Users

Recent strategic moves made by Yahoo seem to be keeping some investors optimistic. But that could quickly change as the site's audience shrinks, advertising revenue falls and the once revered brand diminishes.

Meet Broadcastr: Storytelling Goes Social, Local and Viral

Here's a new foundation for a social network app: Storytelling. The just-debuted application called Broadcastr lets people record audio stories tagged to geographical locations. If all goes as planned, its contributors will both create compelling tales and imbue places with new meanings through the voices of strangers.

Twitter Raises Another $200 Million

Don't expect Twitter to be tweeting about an initial public offering any time soon. The popular online communications service has raised another $200 million so it can keep growing without Wall Street's help.

Can Gowalla 3 Put Foursquare in Check?

Check-in service Gowalla was always prettier than mobile social network leader FourSquare, but it still could never catch up with its rival. Its new version, Gowalla 3, could change that: It allows users to easily check in on multiple social networks and track friends across them. Goodbye, check-in fatigue; hello competition.

Social Media Make You More Sociable, Study Says

Social media websites such as Facebook make people more sociable, researchers say. The findings contradict a widespread belief that online socializing is replacing in person contact as people shun the world beyond their computer screen.

MySpace Launches 'Mashup' Feature With Facebook

In the "If you can't beat 'em, join 'em" department, MySpace launched a feature that lets users import interests from their Facebook profiles to give MySpace pages a broader stream of entertainment content.

Facebook Adds Group Posts: More Cliques to Come?

Facebook on Wednesday said it has revamped its so-called 'Groups' feature to make it easier for members to send messages to subgroups of friends, instead of messaging either one person at a time or everyone on their friend list.

Disney Internet Chief Wadsworth Quits

The Walt Disney Company%u2019s (DIS) Internet chief resigned following a difficult tenure that included several shifts in strategy. Steve Wadsworth, president of the Disney Interactive Media Group, resigned last night, The New York Times reported.

Now Appearing on Facebook: MySpace Posts

MySpace, which has changed its appearance to look more like Facebook, is also cozying up to its rival in another way. Its users can now sync their MySpace posts with Facebook.

Facebook Sues Educator Networking Site for Using 'Book' in Name

Facebook sued a website for educators called Teachbook, saying that Facebook owns the name "book" when it comes to social networking websites. "Misappropriating the distinctive book portion of Facebook%u2019s trademark, defendant has created its own competing online networking community in a blatant attempt to become a Facebook for teachers," Facebook said in a filing in a federal court in San Francisco.