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image thumb83 Mark Zuckerberg Donates To The Diaspora Project: ‘I See A Lot Of Myself In These Kids!’

When you get assisted by a leader in the industry for an idea that is totally off track their line of work, chances are that you have a pretty good idea worth spending money on. Diaspora, the more private social network to be has received a similar assistance from Mark Zuckerberg. Facebook founder and CEO admitted that he had donated an unspecified amount of cash to this project from 4 NYU students stating that he sees his own self in them, honestly speaking that is scary, I will tell you why.

While it wont obviously hurt Facebook or even Mark to donate a few thousand dollars to such a startup, the idea they are donating for is simply against their own interest. I mean the kids want to have a social network which gives back privacy to the users, completely and not sharing it with anyone for any purpose.

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image thumb87 No IPO In 2010 Too Says Facebook

Despite all the revenue in pocket and the network ever expanding, Facebook still think its not the time to eye going public in the current year. The reason? Well it has all the money, a large capital and no fear or need to return back to investors, the idea of making an exit sounds pointless to say the least. That is quite a dent on hopes that many had.

Many interested folks were thinking that the social network would go public in 2010. However the people should have given up all hopes when DST made a massive $180 Million investment in Zynga, which by far is the largest developer on the Facebook Platform. That particular investment at large along with added stability to Facebook had done the trick and its investors have shut doors for the IPO in 2010. Plus the investors still think that the social network needs to mature more with time and added investments from other parties would solidify the social network’s position.

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image thumb29 Alibaba spilling cash, to invest $30 Million on marketing in U.S

Alibaba might not be planning to plunder and make a run off with the forty thieves but the e-commerce giant is quite energized to invest outside China. In accordance to that, the site has plans of launching a major $30 Million ad campaign in the U.S. Along with the money coming in, Alibaba will also increase its U.S staff by three folds. Although Alibaba did report a 15% drop in net income in the previous quarter, but is positive about making bigger investment, believing that these will prove fruitful in the longer run. I am not sure how fruitful it turns out for presently the site fetches a mere 15%  of U.S traffic on its international market place.

image thumb21 We might very soon see a YouTube sponsored F1, as Chad Hurley invests in USGPE

The best thing about being a founder of a business that is a part of a $100 Billion worth name on the Web, you can invest anywhere. YouTube’s founder, Chad Hurley has proven this right as he made investments in U.S. Formula 1 racing team. The racing team to carry the YouTube is USGPE and reports state that chances are YouTube is also going to sponsor the racing car as well.

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