Tag: business

Soviet Business Prodigy Drops $200 Million On Facebook

Facebook announced today the company will accept a $200 million investment from Russian investment firm Digital Sky Technologies. A couple hundred million nets Digital Sky just under two percent equity in Facebook at a $10 billion valuation.

Other companies with similar offers in recent weeks were rejected by Facebook CEO Mark Zuckerberg, primarily because Zuckerberg did not wish to lose control of the board of directors. Zuckerberg currently holds one seat and one empty one to secure control of the company.

Google Launches Interaction Reports for Local Business Ads

As you are probably aware, Google offers local business ads, which are essentially AdWords ads associated with specific business locations. They appear on Google Maps, Google, and across Google’s ad network.

Earlier this year, Google announced the addition of four new links for these ads – "Get Directions," "Street View" where available, "Save to My Maps," and "Send." The links were introduced as an effort to help people better locate the business that was being advertised.

Contxts Shows Off SMS Business Cards

Even among the tech savvy, pretty paper business cards are still the norm. Any tech conference in the country you go to will lead to a pocket full of them, some you may even use. This year at SXSW, some cutting edge types had these old world formalities only as backups. Instead, they asked a question you might hear a lot more of in the future: Are you on Contxts?

Lately we’ve all been hearing similar questions in other situations: Are you on [Facebook, LinkedIn, Twitter]? Those same companies might want to look very closely at Contxts’ concept.

Megalomaniac Creates Digg Spam Business

A little chutzpah goes a long way, but this is chutzpah bordering on comical grandiosity. The existence of uSocial.net (sorry, kid, no linking) is audacious enough: The site offers a Digg.com gaming service (StumbleUpon and Propeller, too), where clients can pay to have submissions linking to their website voted up on Digg.

But wait until we get to the press release about it—then things get really good.

Can Your Business Benefit By Letting Users Hide Ads?

Contrary to what advertisers might like to believe, not everyone wants to see their ads. This is why televsion advertisers don’t like TiVo. Advertising is how a lot of online businesses make their bread and butter though, and without ads, they simply could not generate enough revenue to stay alive. At least one online business believes that allowing users to turn off ads might actually be in its best interest.

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