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PayPal’s President Joins Facebook

On Monday, Facebook announced that it had hired David Marcus, the president of eBay’s PayPal division and a former entrepreneur to lead the expansion of its messaging products — and eventually, to figure out how to make money from them. The hire is a major Silicon Valley executive defection and underscores how Facebook is bolstering… Read More »

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TweetDeck shut down for an hour after security breach

After temporarily taking down its services to assess a security flaw, TweetDeck says it has now fixed the issue that plagued the app Wednesday morning. An Australian teenage programmer, whose name is Florian, discovered early yesterday that ‘&hearts’ made a heart symbol in HTML and in turn created an opening in TweetDeck’s software. This allowed… Read More »

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Twitter in talks to buy online music firm SoundCloud

According to Finacial Times, Twitter Inc is set to buy Berlin based SoundCloud, a social platform for creating and sharing original audio sounds with friends or to blogs and other social networks. http://technewsrprt.com/wp-content/uploads/2014/06/06.05.14_technewsrprt.com_twitter-soundcloud.jpg SoundCloud is a platform that enables people to upload, record, promote and share their music and other audio files. The company has… Read More »

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Facebook’s New “Ask” Button for Relationship Status

Facebook has reportedly added ‘ask’ feature which allows users to question each other whether they are single or not. The Ask button shows up when you navigate to a profile and the person doesn’t have a relationship status or their privacy settings restrict who can view her relationship status. With one click and a quick… Read More »

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Pinterest raises $200 million, valuation soars to $5 billion

Pinterest raised $200 million in new capital which brings the company’s valuation to about $5 billion, making it one of the most valuable venture-backed startups in the world. The San Francisco-based company has raised $764 million in total, mostly from venture capital firms such as Bessemer Venture Partners and Andreessen Horowitz; even investors such as Japanese e-commerce firm… Read More »

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Top LinkedIn Groups for Lawyers to Get a Head Start on Smart Online Networking

  A lot of lawyers have LinkedIn profiles but do not understand the value of joining the various LinkedIn groups there are for lawyers. This is common to all professions, actually: people tend to spruce up their profile but neglect to join forces with like-minded people and don’t even realize what opportunities they are missing… Read More »

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Facebook CEO Zuckerberg phoned Obama to complain about spying

Facebook Inc Chief Executive Mark Zuckerberg blasted the U.S. government’s electronic surveillance practices on Thursday, saying he’d personally called President Barack Obama to voice his displeasure. “When our engineers work tirelessly to improve security, we imagine we’re protecting you against criminals, not our own government,” Zuckerberg said in a post on his personal Facebook page…. Read More »

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Facebook to Buy Drone Company Titan Aerospace for $60 Million

he next step on Facebook’s path to Internet-connecting the entire globe is a high-tech one: buying up drones. Facebook is slated to buy New Mexico-based drone maker Titan Aerospace for about $60 million, a source confirmed to CNBC on Tuesday. The blog TechCrunch first reported the news of a possible Facebook-Titan deal. Facebook is supposedly… Read More »

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Facebook quietly ends email address system

Facebook has quietly shuttered its three-year-old email service that gave users “@facebook.com” email addresses. From now on, emails sent to an “@facebook.com” address will be forwarded to the personal email address from which the member signed up for the site. “We’re making this change because most people haven’t been using their Facebook email address,” said… Read More »

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WhatsApp messaging app, back up after outage

WhatsApp, the rapidly expanding mobile messaging app, suffered an outage for more than three hours on Saturday, frustrating users just days after its acquisition by Facebook for $19 billion. “WhatsApp service has been restored. We are so sorry for the downtime…,” WhatsApp tweeted to its more than 1 million Twitter followers on Saturday around 5:48… Read More »

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