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News from March 2008

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26 March 2008

Google, MySpace and Yahoo! form OpenSocial Foundation

Google, MySpace and Yahoo! form OpenSocial FoundationYahoo! announced yesterday that it supports Google’s application development initiative OpenSocial, and that together along with social networking site MySpace they will form the OpenSocial Foundation.On a telephone conference call that was held yesterday, when asked why the Foundation was formed with Yahoo! over an existing OpenSocial partner s...

17 March 2008

GCap Media acquires local business directory welovelocal.com for £450k

GCap Media acquires local business directory welovelocal.com for £450kGCap Media has today announced it has acquired a majority stake in welovelocal.com, the UK’s local business directory and social networking service.  Welovelocal.com officially launched nationwide in December 2007.Radio network GCap made an offer of £450,000 GBP for the deal which was accepted by welovelocal.com founders Duncan and Max Jenn...

13 March 2008

AOL buys UK’s favourite social network Bebo for $850 million

AOL buys UK’s favourite social network Bebo for $850 millionAmid speculation that it would soon partner Yahoo!, AOL has today announced their acquisition of popular social networking site Bebo for $850 million USD.Bringing Bebo into the fold, will give AOL a global network (which includes ICQ and AIM) of over 80 million users with Bebo contributing more than half of those.    The deal foll...

12 March 2008

NBC Universal and News Corporation’s video site Hulu launches

NBC Universal and News Corporation’s video site Hulu launchesOnline video sharing site Hulu has announced the launch of their site to the US public.  From today, Hulu users will be able to stream tv shows, full length movies and video clips at no cost.Media giants NBC Universal and Rupert Murdoch’s News Corporation, the companies behind Hulu, first announced their plans to launch a site they hoped to...

05 March 2008

Pixy create a celebrity search widget for Pageflakes

Pixy create a celebrity search widget for PageflakesMedia search platform Pixsy has announced a partnership with Pageflakes to provide users of the ‘personalised homepage’ with a celebrity search widget (or “flake”).The partnership will connect Pageflakes to Pixsy’s video and image index.  Chief executive officer of Pageflakes comments, “The unique ability of the Pixsy index enables our user...

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