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Yahoo! closes a business it acquired for $160m last year

Image via Wikipedia

Yahoo! is apparently closing down Maven Networks, a company it acquired in May last year for $160m.  If you read the Techcrunch report Yahoo! is claiming that the technology lives on in some of their other products, but tellingly they are not migrating customers on the [...]

China bans virtual world gold farming

Up until now wealthy players of virtual worlds and MMOGs like World of Warcraft have been able to expedite their progress through the game by spending real money to acquire levelled up players and other in-game virtual goods in a grey market largely supplied by Chinese labour.  According to Information Week China has now [...]

Making M&A work in new media – some insights from Google

 

In the software, semiconductor and networking spaces there are a number of large companies that have made acquiring startups a core part of their business strategy.  These companies have developed well honed M&A processes – from evaluation through acquisition to post merger integration.  As a result they understand what they are [...]

Twitter makes customer service more effective

In another example of Twitter being used to increase efficiency there is a story on USA Today about Comcast using Twitter to communicate with customers after lightning caused a blackout during a hockey playoff game.  This is efficient for both Comcast and the customer.

First the consumer perspective:

"I did a [...]

Twitter as a productivity tool – a financial services example

Image by Frank Hamm via Flickr

A month or so ago I wrote about Twitter as a productivity tool for participants in the Hacking Education conference in New York – that was quite a loose example of how Twitter extended people’s reach into new conversations and extended the range [...]

More good news for Bing

Fresh news out today from search marketing technology company Efficient Frontier shows the Microsoft search engine is making good progress with it’s share of paid clicks.  If this trend continues the advertising budgets will follow.

This comes on top of good news about their share of searches, so I’m guessing folks at [...]

Wednesday fun – Chris Anderson abuses ‘free’

In an ironic twist Chris Anderson is guilty of taking content for his latest book from Wikipedia for free and without citation:

Chris Anderson and his US publisher Hyperion have said they intend to "correct" future editions of his title Free after the Virginia Quarterly Review said it had "discovered almost a dozen passages [...]

Facebook versus Google

There is a great article in Wired today describing how Facebook is increasingly a threat to Google.  First I am going to pull out what is the best explanation I’ve seen of why the two companies have diametrically opposed views of the web:

For the last decade or so, the Web has been defined [...]

Habitat jump on Twitter in the wrong way and then change their behaviour quickly

socialmediatoday have a post up chronicling the adventures of Habitat in Twitterland over the last few days.  Within a very short space of time they opened up their Twitter account, started abusing #hashtags so their Tweets appeared in trending topics, got a lot of flak for being spammers and then deleted the offending Tweets [...]

App store wars

Every smartphone worthy of the name comes with an app store these days, but so far Apple’s is the only one that has been successful.  I would argue that there are a number of hygiene factors that Apple got right, and which some of the others have missed, but the critical success factors are [...]