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fbFund Gives Financial Awards To Facebook Apps
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As someone who’s not too fond of Facebook applications, I must say that this development reminds me of Monty Python’s “Upper Class Twit of the Year” sketch.  But it’s likely that, by paying people to develop apps, the newly founded fbFund is trying to undo such associations.

Search Exec Punches Out Of Yahoo

The executive who helped drive the launch of the very successful Yahoo Answers product has hit the eject button and landed in the world of venture capitalism.