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Zynga Looks for $2B IPO
 Zynga Looks for $2B IPO 
Jun 29, 2011 8:50 AM CDT

Zynga Looks for $2B IPO

Would value FarmVille creator at $20B

(Newser) - Zynga, the gaming company behind such Facebook behemoths as FarmVille and CityVille, is poised for an IPO that could raise as much as $2 billion—which would turn it into a $20 billion company, reports Reuters . Analysts expect Zynga, with 215 million active monthly users, to file its paperwork today...

Even MySpace Founders No Longer Using Site

Site's decline blamed in part on Rupert Murdoch's loss of interest

(Newser) - MySpace has fallen so far that its own founders no longer bother updating their profiles, BusinessWeek finds in a detailed look at the rapid decline of the former juggernaut of social networking. Former CEO Chris DeWolfe, who founded the company with Tom Anderson in 2003, says he cringes on the...

As Belarus Cracks Down, Protesters Stomp, Chant

Clapping, stomping to protest authoritarian gov't

(Newser) - For the third Wednesday in a row, clapping and stomping demonstrators across Belarus yesterday turned out to protest their country's economic crisis and the iron fist of longtime President Alexander Lukashenko, reports the AP . The government has in turn banned all such rallies, using state security forces to break...

Vancouver Cops Turn to Facebook to ID Rioters

'Let's label these losers,' Facebook group asks

(Newser) - Vancouver police trying to track down the people who trashed their city have a powerful tool on their side that wasn't around during the 1994 Stanley Cup riot. A Facebook group set up within minutes of the trouble beginning encourages people to help police by posting their pictures of...

Juror Faces Jail for Friending Defendant

Woman guilty in UK's first contempt of court case involving Internet

(Newser) - A British juror who took empathy for the defendant a little too far may be going to jail for contempt of court. Joanna Fraill used Facebook to find and befriend a woman she had helped acquit on drug charges. Before the jury had reached a verdict on other defendants, the...

Cops: Philly Mom Hires Hit Man on Facebook

Pair arrested after 'friend' calls cops

(Newser) - Move over, boasting bank robbers —some new contenders for stupidest Facebook criminals have arrived. Police say Philadelphia mother Eley London, 20, sought and found a hit man on Facebook after an argument with her ex-boyfriend, reports the New York Daily News . "I will pay somebody a stack to...

Iceland Lets Facebook Fans Help Write New Constitution

Highly-wired country crowdsources new document

(Newser) - The council drafting Iceland’s new constitution is out to bring new meaning to the term “by the people.” They’re essentially crowdsourcing the document, the Guardian reports, using social media sites like Facebook and Twitter to solicit ideas and get feedback from citizens. “I believe this...

Eric Schmidt: Google Really 'Screwed Up' on Social Media

At All Things Digital conference, he talks about missing out on social media

(Newser) - Eric Schmidt didn’t mince words at the D9: All Things Digital conference yesterday, admitting that Google “screwed up” at times during its early social media efforts. Missing out on “the friend thing” and true social functionality was one of his biggest failures, Schmidt admitted during his keynote...

Zuckerberg Wants Under-13s on Facebook

Educational benefits mean age limit should be lifted, founder says

(Newser) - Pre-teens have a lot to gain from social media sites, says Mark Zuckerberg, and he tells an education summit that he'd like under-13s to be able to use Facebook. The Children's Online Privacy Protection Act bans websites that collect information about users from signing up users under 13,...

Twitter Snaps Up TweetDeck
 Twitter Snaps Up TweetDeck 
May 25, 2011 1:19 AM CDT

Twitter Snaps Up TweetDeck

Leading 3rd-party app now part of company

(Newser) - Twitter has snapped up popular third-party application TweetDeck, ending months of speculation about a possible deal. The acquisition—for some $40 million in cash and stock, according to CNN —is in line with Twitter's recent moves to regain control of its ecosystem and provide a more uniform experience...

Facebook Bans Mark Zuckerberg

 Facebook Bans 
 Mark Zuckerberg 
in case you missed it
May 14, 2011 1:38 PM CDT

Facebook Bans Mark Zuckerberg

The other Mark Zuckerberg, that is

(Newser) - Life hasn't always been easy for Indianapolis bankruptcy attorney Mark Zuckerberg since his online presence was eclipsed by the founder of Facebook. Not only has he become a lot harder to find via Google, his Facebook account—which he was only allowed to have after providing the company with...

MLK, Twain Misquotes Go Viral After bin Laden Death

Facebook, Twitter users swap bogus quotes

(Newser) - A seemingly apt Martin Luther King Jr. comment quoted by people responding to the killing of Osama bin Laden quickly went viral via Facebook and Twitter. Just one problem: it wasn't accurate. The quote beginning "I mourn the loss of thousands of precious lives, but I will not...

Tech Geek in Abbottabad Live-Tweeted Attack

Social media, not mainstream media, was first on this huge story

(Newser) - Twitter has become an increasingly important method of breaking and delivering news, and yesterday it had its biggest moment yet. Osama bin Laden's death was first reported on the social media service, tweeted by both an in-the-know former political aide and an unwitting IT consultant. Keith Urbahn , once chief...

Friendster Erasing Past
 Friendster Erasing Past 
Apr 27, 2011 1:58 AM CDT

Friendster Erasing Past

Users nostalgic as former Facebook rival plans to wipe profile

(Newser) - Social networking also-ran Friendster has announced it plans to delete all user profile content as of May 31, erasing blog entries, friend endorsements, and photos from as far back as 2003. The news has touched off a wave of nostalgia among former users, the New York Times finds. "Your...

Franklin Graham: Twitter Will Alert You to 2nd Coming

Social media could play 'a big part' in Christ's return

(Newser) - If you want to make sure you know about Christ's second coming the moment it happens, better get on Twitter and Facebook. The Rev. Franklin Graham says social media could play "a big part" in Christ's return, because the Bible says that "every eye" will see...

New Facebook Game Highlights Human Rights

America 2049 set in paranoid future US

(Newser) - A new game out on Facebook focuses on human rights and social justice instead of virtual crops or online Mafias. America 2049, set in a future US obsessed by disease control and short on civil liberties, puts the player in the role of an agent for the "Council on...

Parents Sue Facebook Over Photo of Murdered Daughter

EMT shared cell phone pic of crime scene online

(Newser) - Ronald and Marti Wimmer don't want money from Facebook, they want the site to delete the gruesome photo that an EMT took of their murdered daughter and shared online. The parents have filed a lawsuit calling for Facebook to turn over the photo, destroy the images in its possession, identify...

Most Americans Now on Facebook

51% of those over 12 have joined social media giant

(Newser) - If you're an American who hasn't joined Facebook, you're now in the minority, according to Edison Research . A full 51% of Americans over the age of 12 now have profiles on the social networking juggernaut, finds a study carried out by the firm, noting that year-on-year growth has been especially...

New York Times Asks Twitter to Plug Paywall Loophole

Paper aims to firm up pay barrier before launch

(Newser) - The pay barrier for the New York Times' online content goes up on Monday and the newspaper is scrambling to make it more like a wall and less like a curtain full of holes. Users will be allowed 20 page views a month before the barrier comes down. But articles...

Military's New Project: Social Media Propaganda

Centcom has put out contract for 'sock puppet' software

(Newser) - The US military has hired a California company to develop a program that will let it operate a host of bogus social media accounts, in the hopes of covertly influencing online discourse and spreading pro-American propaganda overseas, the Guardian reports. This “online persona management service” would allow each user...

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