Monthly Archives: March 2011
Paul Allen’s Memoir Points Out How Bill Gates Kept Increasing Ownership In Microsoft
Microsoft Corporation (NASDAQ:MSFT) was co-founded by Bill Gates and Paul Allen. The two met when Gates was an 8th grader and Allen was a 10th grader at a private school in Seattle. The two of them ended up at Harvard University and dropped out together to create Microsoft. Allen has recently written a book called “Idea Man: A Memoir by the Co-founder of Microsoft” that goes on sale on April 17th. The book contains information about how Bill Gates kept on reducing Paul Allen’s stake in the company.
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Categories Bill Gates, David Postman, Microsoft Corporation, Paul Allen
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How Mark Zuckerberg Made An Acquisition Offer To The Twitter Team
Biz Stone recently did an interview with Howard Stern. During the interview, Stone discussed how Facebook co-founder and CEO Mark Zuckerberg proposed a buy-out for Twitter back in 2008.
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Categories Biz Stone, Evan Williams, Facebook, Howard Stern, Jack Dorsey, Jason Goldman, Mark Zuckerberg, Twitter
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Google +1 Button Coming In A Few Months
Google is going to launch a button for publishers called +1. +1 is similar to the Facebook Like button that you see on news websites like ours. The button will be rolled out over the next several months.
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Categories Google, Google +1
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AT&T and T-Mobile Merger: Consolidation of the U.S. Mobile Industry [INFOGRAPHIC]
AllAreaCodes.com has created an interesting infographic about how the AT&T and T-Mobile merger would work. Check out the full infographic below:
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Categories AT&T, AT&T Inc., Infographics, T-Mobile USA
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News Corp Rumored To Be Handing Off MySpace To Vevo
News Corporation (NASDAQ:NWSA) is rumored to be in talks to hand off MySpace.com to Vevo.com. Vevo.com is an online music video website that is partially owned by some of the top record companies. The talks are currently in preliminary stages and an agreement may not be reached.
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Categories MySpace, MySpace Music, News Corp, News Corporation, Vevo
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Judge Sides With Mark Zuckerberg To Keep Paul Ceglia’s Lawsuit In Federal Court
In October 2010, I wrote about how a man that resides in New York named Paul Ceglia is claiming 84% ownership in social networking website Facebook.com. Ceglia’s lawyers attempted to argue that Zuckerberg is a New York resident and does not even have a house in California. Ceglia’s lawyers wanted Zuckerberg to face a state court trial in New York. However District Judge Richard J. Arcara sided with Zuckerberg and the case will remain in the Buffalo federal court.
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Categories Facebook, Mark Zuckerberg, Orin Snyder, Paul Ceglia, Richard J. Arcara
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Zynga Hacker Ashley Mitchell Gets Two Years Jail Time For Stealing $11.4 Million
Ashley Mitchell will get two years of jail time for stealing $11.4 million in virtual poker chips from Zynga. He sold one-third of what he stole for a small price of £53,612. Making things even odder, he used his neighbor’s insecure WiFi connection to do the criminal deed. [Engadget]
Categories Ashley Mitchell, Zynga
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Walgreens Acquires Drugstore.com For $409 Million
Walgreen Company (NYSE:WAG) has acquired Drugstore.com in a deal that is worth $409 million. Walgreen will also get ownership of Beauty.com and SkinStore.com through the acquisition. The Walgreens retail store has about 7,689 drug stores across the U.S. and saw about $67 billion in 2010 revenues. Drugstore.com was founded in 1998 and earned $456 million in 2010 revenues. Walgreens said that Drugstore.com will maintain their Bellevue, Washington corporate office after the merger is complete. [TechCrunch]
Categories Drugstore.com, Walgreen Company
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HealthTap Raises $2.35 Million In Convertible Note Form
HealthTap is a company that is currently in private beta. The company is known for being an “Expert Health Companion.” The company is known for its personalization and interactivity. HealthTap raised $2.35 million in the form of a convertible note seed round led by Mohr Davidow Ventures. Other angel investors that participated in this round include Esther Dyson, Mark Leslie, and Aaron Patzer.
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Categories Bill Ericson, HealthTap, Mohr Davidow Ventures, Ron Gutman
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Baidu Planning To Launch A Mobile Operating System
Baidu is a company that is known as the “Google of China.” Baidu will soon be building a mobile operating system that has purely a focus on search. Baidu is aiming to have their mobile devices launch immediately after being powered on and seeing a web search box right away according to Baidu co-founder Robin Li. [CNBC]
Categories Baidu
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