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Posts tagged with Social Media

Gather.com raises $10m from VCs

Gather.com, the social network and journalism site, has secured $10m in funding from investors including Hearst Corporation, The McGraw-Hill Companies Pilot House Ventures.

The move brings its total VC investments to around $17m.

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MySpace sued for copyright by Universal

Universal Music has launched a legal challenge against MySpace, the first time  Rupert Murdoch’s social network site has been challenged for copyright infringement.

Universal is suing MySpace for unauthorised use of the music and music videos of its artists, citing the availability on the site of material from Jay-Z’s as yet unreleased album as an example of this.

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Yahoo internal memo calls for major shake up

According to a leaked internal memo written last month by senior vice president Brad Garlinghouse, Yahoo is in serious need of major organisational changes.

In the memo, published by the Wall Street Journal, Garlinghouse argues that Yahoo suffers from a lack of consistent leadership, business focus and a 'single cohesive strategy'. A Yahoo spokesman has confirmed the document’s authenticity.

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Yahoo buys online contests site Bix.com

Yahoo has announced the acquisition of Bix.com, a site which allows users to compete in online karaoke contests, and rate each other’s videos and photos.

Incredibly, Bix.com only launched in August, though in those three months it has acquired over 1 million users. The site allows companies to sponsor and give out prizes in its contests and competitions.

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London-based 3i invests in women's social network startup

Real Girls Media Network has secured VC funding of $6 million from 3i and WaldenVC for a series of three female-orientated sites which will launch next year.

The RGM network’s sites will allow women to submit articles, product reviews and related photos using an online publishing system developed for the site and intended to streamline the editorial process.

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Ross Levinsohn leaves Fox Interactive / Murdoch

Ross Levinsohn, who was instrumental in News Corp's acquisition of MySpace.com, has resigned from Fox Interactive Media to pursue other ventures.

He will be replaced in the position by his namesake Peter Levinsohn, who is a distant cousin. Peter is currently president of digital media for Fox Entertainment Group.

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Calacanis resigns after AOL moves to oust CEO

Wow… all change at AOL, where CEO Jonathan Miller was this week fired, as the news comes in that Weblogs Inc founder Jason Calacanis is also stepping down, seemingly in protest of Miller’s firing.

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Bebo introduces new mail system for its users

Social networking site Bebo today announced the launch of several new features in the site’s internal mail system, designed to enhance users’ ability to share content among their friends while reducing spam.

The new mail system now sorts incoming messages into two inboxes – one for personal one-to-one messages, the other for messages among groups of two or more users.

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Netscape to expand its paid navigator system

Jason Calacanis has announced the hiring of more Netscape ‘Navigators’, and revealed he may spend up to $2.4m a year on more user-generated content for the bookmarking site.

Netscape now employs 23 of these navigators on what Calacanis calls a ‘very part-time’ basis, paying them $12,000 a year each to submit stories, lead discussions and generally do housekeeping tasks, such as closing down duplicate stories and eliminating spam comments.

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Are social news sites like Digg 'better' than Google News?

Digg logo Muhammad Saleem at The Mu Life wrote an article last week claiming that social media is more effective at disseminating news than Google News.

Muhammad’s article, ‘Why Socially Driven News is Better’ used the news of US Defence Secretary Donald Rumsfeld’s resignation as an example of social media beating Google News to a major story.

Interesting argument, but it doesn't stand up...

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Interview with AllPeers founders Cedric Maloux and Matt Gertner

Skype founder Niklas Zennström recently named AllPeers among Europe’s four most innovative tech start-ups - and you can't really argue with him.

Launched at the end of August after four years of development work, AllPeers’ private P2P platform allows users to share videos, photos, webpages and other paraphernalia with their family and friends.

But next year, it also intends to expand its technology to allow files to be shared publicly, and to offer content creators a chance to earn money through micro-payments, rather than through advertising.

We met up with CEO Cedric Maloux and CTO Matt Gertner to find out more.

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US internet ad revenues hit new high

US online ad revenues reached a new record of $4.2bn in Q3, according to figures from the Interactive Advertising Bureau (IAB).

The report, conducted by PwC, showed a 33% increase in internet ad revenues from the same period in 2005, and a rise of 2% from Q2’s figure of almost $4.1bn.

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