Business

Opera Acquires Email Service Provider FastMail
Opera announced today it has acquired web-based email provider FastMail.fm. Opera's offered its own email client since 2000, and now it will...
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Carol Bartz’s Compensation Package Tops $47.2 Million
Yahoo CEO Carol Bartz may have a tough job, but this morning, it's a rare person who's arguing that she isn't well paid for it.  A regulatory filing has revealed that Bartz...
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Hulu Users Watched 1 Billion Videos In March
More than 180 million U.S. Internet users watched online video in March, according to the latest research from comScore. YouTube delivered video to more than 135...
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Baidu Reports Good Q1 Results, High Hopes For Q2
Assuming they haven't already done so, it wouldn't be surprising if Baidu's execs decide to send some thank you notes and fruit baskets to their counterparts at Google.  Ba...
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Hulu’s UK Expansion Plans Fall Apart
The only country mentioned by name in Hulu's terms of service document is the United States, and it doesn't look like that's going to change anytime soon.  Hulu is said to...
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New Social Networking Site Aims To Streamline Communications
A new social networking site has launched called RecreateMyNight.com and WebProNews spoke to Tejpaul Bhatia, President of the site about its offerings. Bhatia sa...
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Goldman Sachs Takes Google Off “Conviction Buy” List
Sorry, Google fans, but from a financial perspective, the search giant seems to have lost some of its luster.  Goldman Sachs hasn't come close to suggesting that anyone sel...
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PayPal Lands Alibaba Deal
Earlier this week, Alibaba.com launched a new business-to-business platform, and now, it looks like eBay and PayPal will get a boost from it, too.  It's been decided that A...
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Opera Claims it Has the Fastest Browser for Mac
Opera has released its new browser for Mac, and the company claims it is ten times faster, based on speed comparisons between Opera 10.52 and Opera 10.10. "...
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YouTube Direct 2.0 Unveiled
Don't be surprised if more YouTube-sourced content starts to appear on news sites and in televised news programs.  A fresh version of a tool that encourages that sort of th...
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Big Money in Facebook Marketing
Wildfire Interactive has received $4.04MM in Series A funding lead by Summit Partners. Additional investors include Jeff Clavie...
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New Civil War Exhibit Promoted On Twitter And Facebook
The National Archives has launched a social media scavenger hunt to promote its new exhibit "Discovering the Civil War." The social media campaign is la...
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California Man Indicted For Cyber Extortion
A California man has been indicted for cyber extortion after demanding New York Life Insurance pay him $200,000 if t...
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