Google has now got a SELL rating according to Merriman Curhan Ford. Is this the beginning of the end or have is it the end of the beginning of a massive financial tsunami with Google being a SELL even at $259. According to Richard Fetyko of Merriman Curhan Ford:
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Branding has always been an issue for the online properties of Microsoft. I for one have never been able to understand if Office Live is an online Office or something else, same goes with Windows Live and other such names. So Microsoft has finally decided to do something about it, according to Live Side Microsoft will be rebranding their Windows Live Search under the brand name of Kumo – cloud or spider in Japanese.
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The acquisition discussions between Facebook and Twitter have Fail-Whaled some three weeks back, according to BoomTown. The discussion was going on for several weeks and the folks at Facebook were really serious to acquire twitter for $500 million in Facebook stock. Now that is where the problem lies, Facebook was valuing its stock at $15 billion due to the Microsoft investment in Facebook last October. Furthermore Facebook’s offer was that of Facebook stock as against cash, which made it a no brainer NO from Ev Williams and company. According to BoomTown:
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NitroDesk has rolled out TouchDown, an app that allows users to access their exchange server emails, contacts and calendar right from their Android handsets. The app costs 30 bucks and allows you to compose, send, reply, reply-all, forward and delete emails and do similar things with your contacts and calendar. You dont need to have an app running on your PC to do things on your mobile.
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Russian investment firm Onexim, is in talks to acquire Forbes, according to several reports on Russian and U.S. media. Forbes is a privately held media company partly owned by Elevation Partners, which acquired 40% of the stocks in the company for $250 million giving it a valuation of around $625 million in 2006. With the US economy crumbling, expect more takeovers of US institutions by Russians, Chinese and Arabs.
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WordPressDirect is a new membership based site launched by Blinking Dot Software. The site allows users to create a blog, mention some terms, put in some tags and than their blog pulls in stuff from here and there and auto publishes it without any editorial intervention. According to the Press Release:
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Who would have thought that there could come a time, when a company would start stealing from itself. Apparently this is the case with Disney whose hit movie Wall-E is available on a pirated site in China, 56.com – which is actually funded by Disney’s Streamboat Ventures. According to WSJ:
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Europeana, Europe’s competitor to Google that was launched yesterday and immediately afterwards crashed due to huge surge in traffic, is massively dominated by French culture and literature. According to NY Times, when the site got operational yesterday more than half of the two million users came from France, but there is more to it:
So comprehensive is France’s cultural dominance over this cyberspace outpost that other countries are having their own history written for them — in French, of course.
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