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Online
The Retreat Of King Twitter
3:30AM Ryan Tate | With great power comes great responsibility, and with great responsibility comes great headaches. So after years as the hottest, most talked about startup in Silicon Valley, Twitter is ready to relinquish some control of the national conversation. More »
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Bloomberg Buys BusinessWeek
7:37AM Gabriel Snyder | BusinessWeek fire sale: Bloomberg pays less than $US5 million cash, plus debt and gulp severance.
Online
Selling Your Tweets To The Enemy
3:30AM Ryan Tate | Tech bloggers are in a tizzy over the prospect of tech giants Google or Microsoft getting real-time access to the thoughts of Twitterers, but Valleywag has learned that cash-hungry Twitter is already selling access to its “firehose” of data. More »
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Ebony Searches For A Saviour
7:50AM John Cook | Newsweek’s Johnnie L. Roberts reports that Ebony, which was founded with a $US500 loan in 1942, is in “big, big trouble” and shopping itself to Time Warner and Viacom. More »
Online
Jealous Geeks In $US2 Billion Wrestling Match Over Skype
3:22AM Ryan Tate | How did a group of private investors snag Skype for $US2 billion+ when big public corporations like Google were too scared to bid, thanks to lawsuits? With stolen computer nerd sorcery, allegedly. More »
Online
Twitter’s Journey To $1 Billion
11:40PM Ryan Tate | Twitter is poised to close a $US50 million funding round that values the microblogging startup at a staggering $US1 billion, according to TechCrunch and AllThingsD. Since closing its last venture round in February, the startup’s value has grown fourfold. More »
Online
How A ‘Made’ Startup Was Clipped
3:33AM Ryan Tate | Two years ago, music service iLike appeared to be set: Its CEO said it was “made”, its investor mused it could be a “billion-dollar winner” and the press was enthralled. Now the poster child is a cautionary tale. More »
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Onion Sale Announcement Monday?
6:43AM Ryan Tate | Earlier this week, we heard the Onion was in talks to sell to a large media company; now we’re told there’s some sort of announcement or internal meeting scheduled Monday in relation to the rumoured buyout. More »
Online
Who Wants To Work For Nikki Finke?
1:27AM John Cook | Nikke Finke has sold her web site, Deadline Hollywood Daily, to Jay Penske’s Mail.com, and will be hiring a reporter in New York to expand the site’s coverage. So get those résumés ready, kids. More »
Small Screen
