Big Xing Stake Snapped Up By Burda Media

A major change has taken place behind the scenes at Xing, the business networking company based in Hamburg, Germany.  Burda Media is now the primary shareholder due to a transaction that saw it purchase a lot of stock from Cinco Capital GmbH. Burda bought a whopping 1,323,041 shares for €36.50 each (which works out to about $72.3 million).  It controls a 25.1 percent stake in…

Smartphones Driving Non-Voice Communications

The increase in mobile device usage for non-voice communications, such as text messages, email and Internet access is being driven primarily by the popularity of smartphones, according to a new study by BIA/Kelsey. BIA/Kelsey's Mobile Market View study, found 18.5 percent of consumers searched the Internet for products or services in their local areas, up from 15.6 percent in 2008, and 16.7 percent visited a…

Yahoo Messenger Goes Video with New Version

Update: Yahoo Messenger 10 is now out of beta. Features include: high quality video calling, Yahoo Updates view of your contacts list, and availability in 16 languages. Original Article: Yahoo Messenger Version 10 is now available in beta. New features include enhanced video calling, courtesy of GIPS, friend updates from Yahoo, Flickr, Twitter, and others through the new updates view, and improved language support.

Hulu Gets Feet Wet in the Music Video Pool

Hulu and record label EMI have struck a deal, which will give the video content site some music videos, one area in which the site has lacked. Hulu fans shouldn't get too excited about the site becoming a big music video destination just yet though. The deal, according to the New York Times, is to give artists Norah Jones her own channel (which is already…