Some time ago, Mark Zuckerberg began allowing Facebook employees to make a quick buck by selling their shares through private channels (as opposed to waiting for Facebook to hit the Nasdaq or Dow). Since then, many have done exactly that. The interesting thing is that the price of Facebook's stock has risen a whole lot in recent months.
Corporate Twitter accounts are still on the way, and should be introduced by the end of this year, according to cofounder Biz Stone. Stone chatted a little more about these accounts - along with the company's problematic growth rate - while on a NESTA panel in London.
There's a chance that the content produced by the Wall Street Journal, the New York Post, and a number of other important organizations will soon become impossible to find using Google. Rupert Murdoch indicated in a recent interview that News Corp. may block search engines.
Dave Girouard, the president of Google's enterprise division, made an interesting admission earlier today, acknowledging that Google Docs isn't right for the average person. But Girouard also made an interesting prediction, putting Google Docs about a year away from seriously challenging Microsoft Office.
Most people place a premium on speed. Fast cars, fast computers, and even fast food joints are often regarded as better than slower-moving alternatives. Google Earth users may be glad to hear, then, that Google Earth 5.1 has been released and speed is its most marketable quality.
Imeem, which was able to declare itself "the first and only social networking service to secure licenses from all four major music companies" about two years ago, now appears to be folding. Reports indicate that MySpace is set to acquire the business for a rather piddling amount.
Imeem was once a fairly successful organization. In addition to sealing the music company deals, it'd earned the backing of Sequoia Capital (which funded Apple, Yahoo, Google, and YouTube over the years), and was attracting around 25 million visitors per month.
YouTube will soon put even more distance between itself and its old reputation for being a repository of crummy-looking, user-generated content. Support for watching 1080p HD videos in full resolution is due to be introduced on Monday.
When tracking statistics from month to month, we're often forced to examine very tiny changes, and determining whether they're significant can be tough. Facebook just made things easy, jumping from tenth place to third on a list of top video sites in definitely-momentous move.
Heavy users of LinkedIn and Microsoft Outlook will soon have to do a lot less tab-toggling. Microsoft has introduced something called the Outlook Social Connector, and early next year, LinkedIn will become the first networking site to support it.
A major change has taken place behind the scenes at Xing, the business networking company based in Hamburg, Germany. Burda Media is now the primary shareholder due to a transaction that saw it purchase a lot of stock from Cinco Capital GmbH.
Burda bought a whopping 1,323,041 shares for €36.50 each (which works out to about $72.3 million). It controls a 25.1 percent stake in Xing as a result. This wasn't any sort of hostile takeover, though.
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