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Yahoo buys blogging platform Tumblr for $1.1 bn cash

Mon, 20 May 2013 17:40:57 -0400

NEW YORK - Yahoo promised "not to screw it up" as it formally announced its acquisition of the popular Tumblr blogging platform for $1.1bn in cash, giving the company a much-needed base in social media to reach a younger generation of users. The relaxed wording of the memo for one of the internet giant's biggest acquisitions was echoed in the memo sent by David Karp, Tumblr's 26-year-old ...

Warner expected to plead guilty for Twitter rant during CA hearing

Tue, 21 May 2013 06:40:02 -0400

Australian Test batsman David Warner is expected to plead guilty during Cricket Australia hearing over his recent Twitter rant with two prominent journalists. Senior Code of Behaviour Commissioner, Justice Gordon Lewis, will hear the case via teleconference. According to news.com.au, Warner faces sanction ranging from a fine, suspension, reprimand or counseling after being reported under CA's ...

Sarah Palin disproves climate change as it snowed in Alaska in May

Tue, 21 May 2013 05:50:03 -0400

Former Alaska Governor Sarah Palin took to Facebook over the weekend to express her skepticism of global warming. Palin argued that global warming was not happening, pointing that it was snowing in Alaska in May. According to the Huffington Post, she wrote in a post on her Facebook page 'global warming my gluteus maximus'. In her Facebook argument, Palin confuses weather with climate, a ...

Social network addiction taking over lives Australian study

Tue, 21 May 2013 04:10:03 -0400

The 2013 Yellow Social Media Report has analyzed that a growing number of Australians are using social network at an addictive rate wherever they can, even in toilet cubicles! According to the study, three out of every five internet users are accessing these sites more than five times a day, making it a total of seven hours a day. In a report by News.com, the study found that the time spent by ...

Facebook booked over group exhorting cow slaughter

Mon, 20 May 2013 13:50:02 -0400

An FIR was Monday registered here against social networking site Facebook on a complaint that claimed a group on the site exhorts people to slaughter cows, police said. The site was booked under penal provisions and under the Information Technology (IT) Act, 2000, on the complaint filed by senior police officer Amitabh Thakur. In his complaint filed at Gomtinagar police station, Thakur alleged ...

Twitter hit-and-run boast shows dangers of road tax entitlement | Dawn Foster

Tue, 21 May 2013 07:30:50 -0400

It's safe to assume that most people in the event of hitting a cyclist while driving, who realised what they had done, would stop, call the police, and stay on the scene. Not so for one young woman, who appears to have hit a cyclist, carried on driving, and then most bizarrely taken to Twitter to boast of the ...

Bless you for posting Facebook group reunites tornado victims with photos documents

Tue, 21 May 2013 07:21:21 -0400

This photo was posted on Facebook by Glen Adkisson after tornadoes struck Oklahoma on Monday. "This was in our yard 5/20/2013...Collinsville," he ...

UPMC to lay off transcription workers

Tue, 21 May 2013 07:03:19 -0400

UPMC is reportedly going to eliminate its transcription division. UPMC is reportedly laying off 100 transcription workers as it seeks to cut costs. Most of the workers will be rehired by a company that does transcription for doctors. The Pittsburgh Tribune-Review reported Tuesday on the move, which comes as the health care giant looks to cut costs. The transcription workers could find jobs with ...

Dish Network bids $2B for LightSquared frequencies

Tue, 21 May 2013 06:59:16 -0400

Various outlets have pegged Dish Network Corp.'s bid to purchase Clearwire anywhere from $2 billion to $10 billion, but the deal is probably closer to $5 billion. Charlie Ergen's Dish Network Corp. is said to have placed a $2 billion stalking-horse bid for mobile broadband spectrum from bankrupt Reston-based wireless startup LightSquared Inc., just as shareholders in another company weigh ...

Softbank plans record $3.9B bond sale in pursuit of Sprint bid

Tue, 21 May 2013 06:56:33 -0400

SoftBank plans a $3.9 billion bond issuance while pursuing its bid for Sprint Nextel. SoftBank Corp. said it intends to issue bonds in June to raise $3.9 billion as the Japanese company remains under pressure from Sprint Nextel Corp. shareholders to raise its bid for the third-largest wireless carrier in the U.S. The Wall Street Journal reported that Softbank Corp.'s move comes as Sprint ...

Latest updates on Oklahoma City tornado... JPMorgan investors on edge over Dimon vote... Samsung passes Apple in survey... Bernanke Innovation grows economic rewards Video

Tue, 21 May 2013 06:46:21 -0400

May 20 (Bloomberg) -- In today's "Movers and Shakers," Bloomberg's Betty Liu highlights comments on the benefits of innovation from Federal Reserve Chairman Ben Bernanke's commencement speech at Bard College. She speaks on Bloomberg Television's "In The Loop." Wichita Business Journal employee Gary Nickel received this photo from his son, Justin Nickel, who was in ...

As Digital Ad Effectiveness Measurement Improves Are Branding Ad Dollars Ready to Follow

Tue, 21 May 2013 06:07:16 -0400

When it comes to digital advertising, we often spend our time pouring over data in order to create planning, modeling, targeting and buying efficiencies. It’s very easy to get caught up in the process when, in the end, all anyone wants to know is "did it actually work?" TV has historically controlled the lion’s share of ad budgets, primarily because we have several decades ...

No plans by Cricket Australia to curb player social media use after David Warner Twitter rant

Tue, 21 May 2013 05:09:31 -0400

Australia Cricket Australia said on Tuesday it had no immediate plan to curb the use of social media by players after a Twitter rant by David Warner, but suggested it could happen in the future.Opening batsman Warner is due to face a disciplinary hearing on Wednesday night into an alleged code of conduct breach after a heated tirade at two top cricket writers.He faces sanctions ranging from a ...

Mind your language With political discourse on social media reduced to taunts and abuse BJPs new guidelines aim to elevate the level of debate

Tue, 21 May 2013 05:01:27 -0400

On March 17, Amaresh Misra, a member of the Congress party who describes himself as an author, historian, film writer and politician, went on one of his usual Twitter rampages. Lashing out at supporters of BJP in 140-character insults peppered with expletives, he tweeted at 12.50 a.m.: "@shilpitewari We know where you live Shilpi. Zyada pro-BJP banee to tere saath vahee karenge jo Sanghi ...

YouTube videos allow Nintendo to level up profits

Tue, 21 May 2013 04:56:20 -0400

YouTube by the people playing its games. The video game giant is using a 'content ID match' tool to locate footage of its games uploaded to the video sharing site. It then inserts adverts before the video starts, meaning ...

China corruption exposed online

Tue, 21 May 2013 04:10:22 -0400

The Internet is the new tool in the fight against corruption - a cornerstone policy of new president Xi Jinping, who has pledged to tackle the problem head-on. But while acknowledging that China's online world is helpful, authorities have also moved quickly to quash rumours that might fan protests that could escalate out of control, deleting microblog posts or even entire accounts. The ...

Social medias big impact

Tue, 21 May 2013 03:50:25 -0400

Every business owner seems to be at a different point in his journey with social media. If you've already laid a basic foundation for your business, such as creating a Facebook business page or LinkedIn profile, then you might be wondering about specific strategies for turning your efforts into revenue. Your next step depends on what kind of business you're ...

Horrifying New Trend Posting Rapes to Facebook

Tue, 21 May 2013 03:49:09 -0400

Apple iPhone displays the Facebook app's splash screen in Washington. A year after a nightmarish share offering, Facebook still has its ardent backers and ...

Social media policy on CAs radar

Tue, 21 May 2013 03:36:30 -0400

Cricket Australia should consider introducing a social media policy for its players in the wake of David Warner's outburst on Twitter, chief executive James Sutherland said on Tuesday.Warner is expected to plead guilty at Wednesday's hearing after being charged with breaking CA's code of conduct over his tirade aimed at two journalists early Sunday morning."It (social media ...

Tweet Your Way Into Trouble Social Media Dilemma

Tue, 21 May 2013 02:51:28 -0400

Gulf News recently carried a roundup of recent cases of bloggers and tweeters in trouble around the Gulf and it’s an extensive and growing list. Flagged as being ‘with inputs from AFP’, 60% of the story is ...

CA might look at social media policy

Tue, 21 May 2013 02:08:01 -0400

Chief executive James Sutherland says Cricket Australia might need to look at developing a social media policy in light of the David Warner ...

Quarter of Australian children aged 8-12 are underage Facebook users

Tue, 21 May 2013 01:56:08 -0400

Australia A survey has found a quarter of Australian children aged between eight and 12 use Facebook, despite the minimum age for a user being 13.Tech company MacAfee surveyed 500 tweens - children aged between eight and 12 - and found more than two-thirds are on Facebook. The survey discovered that children found ways to get around the age restrictions, but in most cases they were given access ...

Experts want Indian social site to counter Facebook

Tue, 21 May 2013 01:55:07 -0400

cyber security experts are exploring the option of promoting a 'desi' social networking entity as an alternative to US-based sites. The idea is to have a parallel Indian social networking site -- possibly owned by a reputed domestic media house -- offer competition to Facebook and Twitter, putting the latter under pressure to be more amenable to Indian security concerns. Though China, ...

Google NASA Join Forces to Research Machine Learning

Tue, 21 May 2013 01:47:15 -0400

launch the Quantum Artificial Intelligence Lab that will allow researchers at the two organizations and a number of universities to research artificial intelligence using quantum computers. The lab will use a D-Wave 2 computer that is priced at around $15 million. D-Wave's computer, which for years ...

Amazon wins key cloud security clearance from government

Tue, 21 May 2013 00:48:42 -0400

View Photo Reuters/Reuters - A zoomed image of a computer screen showing the Amazon logo is seen in Vienna November 26, 2012. REUTERS/Heinz-Peter ...

ASU creates Mesa Technology Accelerator on Polytechnic campus

Tue, 21 May 2013 00:48:30 -0400

Arizona State University and the city of Mesa are working together to create the Mesa Technology Accelerator on ASUs Polytechnic campus in Mesa to help grow small technology companies. For more, click on the Phoenix Business Journal link ...

Idaho couple sues Sun Valley Twitter

Tue, 21 May 2013 00:39:48 -0400

A central Idaho couple is suing the Sun Valley Co. and the Twitter Inc. social media site, asking a judge to bar the resort from using the handle ...

Congress says Apple sheltered $44 billion from taxes

Tue, 21 May 2013 00:30:03 -0400

According to CNN, a report released Monday by Sens. John McCain, R-Arizona, and Carl Levin, D-Michigan, charges that Apple Inc. "used a complex web of offshore entities to avoid paying billions of dollars in U.S. income ...

Former RatePoint customers launch startup Neal Creighton named chairman

Tue, 21 May 2013 00:00:05 -0400

Adam Robinson, CEO, Robly Inc. Anthony Robinson, a former RatePoint customer, together with his brother Adam and two others have launched a new email marketing and review startup and have tapped former RatePoint founder Neal Creighton to join as chairman. Robinson, founder and CEO of Relectric, was frustrated when he received an email alerting him that his RatePoint account would shut down in 7 ...

Target partners with Facebook to draw sh

Mon, 20 May 2013 23:30:06 -0400

US store chain Target just friended Facebook, big time. In its boldest foray into digital retailing, Target recently launched a test version of Cartwheel, an ambitious collaboration with the world's largest social network that will allow users to earn savings via Facebook and then use their smartphones to redeem those savings in stores. Though retailers have used social networks like ...

Facebook isnt the place to let off tension

Mon, 20 May 2013 22:45:15 -0400

At 60, Singaporean Prime Minister Lee Hsien Loong cannot be considered old-looking. At the official launch ceremony of a new building complex in Marina Bay, dressed in a plain black suit, he could easily convince many that he is much younger than 60. But compared to a few years ago, he has aged quickly. In 2010, he looked much younger when presiding over the completion ceremony of Royal Dutch ...

Facebook eyes ad market revolution

Mon, 20 May 2013 22:43:39 -0400

A year after its disappointing stock market flotation, Facebook is aiming to convince big brand-name consumer companies that advertisements on a social network are as important - and as effective - as those on television. Facebook's stock finished its first day of trading just 23 cents higher than its 38 US dollars IPO price. It hasn't been that high since. Even amid the hype and ...

Prayers For Oklahoma Tornado Victims Twitter Responds To Violent Storm

Mon, 20 May 2013 22:30:51 -0400

tornado that devastated a town outside of Oklahoma City, Twitter responded with prayers for the victims and hope for survivors. Here are a few of those prayers so far, please add your prayers below in the ...

Oklahoma Tornado Carrie Underwood Ellen DeGeneres Address Tragedy on Twitter

Mon, 20 May 2013 22:30:25 -0400

"Growing up in tornado alley, you always know what could happen...it doesn't change how devastating it is when something does happen," the country superstar wrote on ...

SoundBite Communication sold to Genesys in $100M deal

Mon, 20 May 2013 22:15:26 -0400

Jim Milton, CEO, SoundBite Communications SoundBite Communications (Nasdaq:SDBT), a mobile marketing and customer experience management company, has been acquired by Daly City, Calif.-based Genesys. Founded in 2000, Bedford, Mass.-based SoundBite was sold in deal worth $5 per share or $100.4 million, according to Genesys, a provider of customer engagement and contact center solutions. The ...

Startup Watch 5 to follow May 21

Mon, 20 May 2013 21:30:03 -0400

As part of our weekly Startup Watch, Mass High Tech highlights five startup companies and their business goals and provides guest access to their company profiles in the New England Tech Directory. Each week Mass High Tech will highlight five startups selected by a team of editors. Each startup will be featured with links to a description of the company and more information about the startup. ...

Yahoos Tumblr Deal Is a Bet on a Shift in Social Media

Mon, 20 May 2013 21:26:46 -0400

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Tellabs CFO resigns