Adult FriendFinder has filed for IPO in efforts to raise $460 million. Russian investment bank Renaissance Capital will be representing the Florida-based network. The company hopes to pay off half a billion dollars of debt which has accumulated on its books with the IPO.
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A comScore study shows that last minute shoppers are spending more through the Internet now. Last week a total of $677 million were spent online, showing a major increase in sales as compared to last year’s shopping before Christmas. The economy might be down but people are still spending – though through online shopping people look for discounts.
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As reported earlier, laptop sales have increased by far, going past desktop PC sales. Netbooks play a key factor in this as Matthew Wilkins – a principal analyst for compute platforms at iSuppli notes:
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Boston’s subway fare system is going to get a facelift soon as three MIT students are working with the transit authority to improve it. It is notable that these students were sued by the Massachusetts Bay Transit Authority over their research into subway card issues. MBTA’s GM Daniel Grabauskas stated:
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I came across this iPhone Nano concept photo that I thought to share with our viewers here at Startup Meme. Along with the photo a rumor surfaced that iPhone Nano is going to be the highlight of Macworld this year. It is highly unlikely that this would happen, though lets wait and see if Apple is going to risk it.
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USA Today is claiming copyrights over a video of Digg that was uploaded on YouTube. The video was made to record Digg’s new features and appeared on the Digg blog. Here are the details about the claim:
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Sony brought voice chat back in Home after disabling it over the weekend. PlayStation Home players can chat with each other via a headset though now users are restricted to chatting in personal space and clubhouses only, and not anywhere within Sony’s virtual world, as before. The disabling of voice chat was made in an attempt to free some load off the game’s servers.
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Gwibber is an open source microblogging client that can be run on some Linux versions. Gwibber brings updates from Twitter, Digg, Jaiku, Facebook, Flickr, Indenti.ca, and Pownce onto your Linux desktop. Gwibber grabs a list of most recent updates from your contacts, keeping you up to date; while you can also send short messages.
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Technorati, a popular source for blogs to find out their authority (ranking) – finds itself head-to-head with Google Blog Search. It is reported that Technorati received 2.5 million unique visitors last month, while Google Blog Search received 1 million. While speaking to a blog, Richard Jalichandra CEO of blog search engine Technorati stated:
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One comes across a lot of people who spend some of their office working-time in social networking over the Internet. This comes as a breather for employees, though not for the companies – as access to most social networks ends up being blocked. One such report came in recently when a FriendFeed user posted about the social service being blocked in her company. FriendFeed can also take up a lot of time, through tracking news and posting comments. I guess companies are aware of that now and include another service in their list of blocks.
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