Filed under: ONLINE SERVICES/INTERACTIVE MEDIA | Tags: AOL, Ashton Kutcher, CNN, Facebook, Mark Zuckerberg, Skype, Time Warner, Twitter
ONLINE SERVICES/INTERACTIVE MEDIA
Facebook CEO Mark Zuckerberg is said to have rejected a fresh round of funding that would have valued the company at $4 billion. Another source says that one potential investor submitted a term sheet for a valuation of around $2 billion. Facebook is declining to comment. (Iwantmedia 4/17, http://news.cnet.com/8301-13577_3-10220845-36.html 4/16)
Time Warner’s bondholders have agreed to change the terms of their debt contracts, removing restrictions on a sale or spin-off of its beleaguered Internet unit AOL. Time Warner CEO Jeff Bewkes has said he is examining options for the future structure of AOL. (Iwantmedia 4/17, http://www.reuters.com/article/industryNews/idUSTRE53F73S20090416 4/16)
While eBay prepares to unload Skype via a sale or IPO next year, it is busy looking for new ways to make money off its 405 million global users. They already account for an estimated 8 percent
class=”snap_preview_icon”> of international calls, and many of them are increasingly paying for SkypeOut calls to regular phones. Its revenues last year were $551 million, but it wants to get to $1 billion by 2011. To get there, it might have to start thinking local. (http://www.techcrunch.com/2009/04/17/a-new-business-model-for-skype-turning-phone-numbers-on-the-web-into-paid-ads/ 4/17)
Ashton Kutcher has surpassed CNN to become the first person with a million followers on Twitter. (http://www.techcrunch.com/2009/04/16/kutcher-plays-his-pied-piper-flute-and-gets-a-million-twitter-followers/ 4/16)
Not sure who else to add to that group email? Gmail Labs now has a useful “suggest more recipients”
<!—->class=”snap_preview_icon”> feature that suggests contacts that you might want to include in a group email based on the people you’ve grouped together as email recipients in the past. (http://www.techcrunch.com/2009/04/17/gmail-now-suggests-extra-recipients-for-group-emails/ 4/17)
SUPER helpful. Maybe now I won’t get yelled at for accidentally not inviting that person for cocktails.
Police are working with Craigslist to help track down the killer of masseuse Julissa Brisman, who was shot to death Tuesday in the Marriott Copley Place in Boston. Police believe that a gunman may be targeting escorts and masseuses who advertise on the classifieds site. (http://www.bostonherald.com/news/regional/view.bg?articleid=1165974 4/16)
Despite some early fumbling by the prosecution, a judge in Sweden handed down a guilty verdict
class=”snap_preview_icon”> today in the case against The Pirate Bay
class=”snap_preview_icon”>, the popular BitTorrent search site. The four founders, who still seem to think this is a big joke, each face one year of jail time and a $3.6 million fine. The site will continue to function for now as they appeal the decision. (http://www.techcrunch.com/2009/04/17/as-court-prepares-shackles-for-the-pirate-bay-other-torrent-sites-are-ready-to-replace-it/ 4/17)
The latest layer to be turned on in Google Maps
is one for webcams. Just click on the “More” button on the top right of each map right next to the “Traffic” button. When you do that, it shows you thumbnails from different public Webcams around the world as tracked by Webcams.travel
. (http://www.techcrunch.com/2009/04/16/google-maps-now-shows-views-from-webcams 4/16)
What if there was a Billboard Charts for the music people really listened to and talked about on the Web. We Are Hunted
wants to be that definitive online music chart. The service monitors the most popular songs on iLike, BitTorrent, Last.fm, MySpace Music, and other Web music services, as well as discussions on Twitter, blogs, and press sites. (http://www.techcrunch.com/2009/04/16/forget-billboard-we-are-hunted-charts-the-music-people-are-listening-to-on-the-web/ 4/16)
About 34% of U.S. e-commerce can be attributed to Amazon, an analyst says. The value of all e-commerce activity on its platform is about $12.5 billion in the U.S., or a little more than a third of the $37 billion the Commerce Department reported in the last quarter of 2008. StorefrontBacktalk (4/16)
ESPN is set to kick off ESPNDB.com (the DB stands for database), a site it hopes will serve as a sports encyclopedia-archive-statistical compendium. Like Wikipedia, ESPNDB will feature some user-generated aspects. The site will be free and supported by advertising. (Iwantmedia 4/17, http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=104294 4/17)
NBC.com reached a milestone – its NBC Rewind streaming video player has delivered over one billion full episode streams, just 18 months since the launch of the player in October 2006. NBC also says its mobile website served 2.4 million video streams in Q1 2000 – more than the total number of streams served in all of 2008. (Cynopsis 4/17)
Continuing with its price cutting maneuvers, Yahoo announced it is shuttering video sharing service Jumpcut as of June 15, a company it acquired back in 2006 for its best-in-class photo editing tools. The company is also gearing up for another round of job cuts, according to a report in the NYTimes. Yahoo shed some 2,400 employees last year, beginning 2009 with some 13,600 staffers. (Cynopsis 4/17)
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