Amit Chowdhry | March 30, 2011 | 1,583 views | Add a Comment
Categorized under Bill Gates, David Postman, Microsoft Corporation, Paul Allen

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.

Amit Chowdhry | March 30, 2011 | 1,207 views | 1 Comment
Categorized under Biz Stone, Evan Williams, Facebook, Howard Stern, Jack Dorsey, Jason Goldman, Mark Zuckerberg, Twitter

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.

Amit Chowdhry | March 30, 2011 | 901 views | Add a Comment
Categorized under Google, Google +1

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.

Amit Chowdhry | March 30, 2011 | 841 views | Add a Comment
Categorized under AT&T, AT&T Inc., Infographics, T-Mobile USA

AllAreaCodes.com has created an interesting infographic about how the AT&T and T-Mobile merger would work. Check out the full infographic below:

Amit Chowdhry | March 29, 2011 | 903 views | Add a Comment
Categorized under MySpace, MySpace Music, News Corp, News Corporation, 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.

Amit Chowdhry | March 29, 2011 | 1,326 views | 1 Comment
Categorized under Facebook, Mark Zuckerberg, Orin Snyder, Paul Ceglia, Richard J. Arcara

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.

Amit Chowdhry | March 29, 2011 | 817 views | Add a Comment
Categorized under Ashley Mitchell, Zynga

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]
Amit Chowdhry | March 29, 2011 | 669 views | Add a Comment
Categorized under Drugstore.com, Walgreen Company

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]