New York Times reports that plaxo is up for sale and is looking for around $100M. Plaxo is the only good player i know that does contact sync. I personally think that this is a very important space that no one has come up with a reasonably good solution. In a [...]

The Li Ka-shing Foundation has made another big internet investment after its investment into Joost.  The foundation has recently brought a $60M stake in facebook at the same $15B valuation as Microsoft’s recent stake, giving the foundation a 0.4% ownership.
I think new investment paired with its prior investment in Joost, shows that the foundation is [...]

Stuff about facebook just seems to be everywhere.
Firstly, a story about how Friendster could have brought Facebook (also from Valleyvag, its a great gossip site about the web industry).  Friendster was the kind of SNS just 4 years ago, everyone wanted to buy them, how the tables have turned now.  Kind of reminds me of [...]

ValleyVag has an article about how a facebook gave an employer access to an employee’s private profile.  The employee was a legal gun owner and had pictures of himself with his gun on his profile and guess what happened next?  The employer saw the pics and fired the employee.  Your private profile isn’t as private [...]