Columbia Pictures Wins ‘Social Network’ Lawsuit Over Zuckerberg Classmate

As Facebook gets ready for its IPO this week, a judge in Massachusetts has dismissed with prejudice a lawsuit from one of Mark Zuckerberg’s Harvard classmates, Aaron Greenspan. The plaintiff claimed that he was robbed of glory for playing a role in the founding of Facebook when author Ben Mezrich changed his name in The Accidental Billionaires and Columbia Pictures omitted any reference to him in 2010 ideal picture Oscar nominee The Social Network. In the decision, the judge has ...

Submited at Monday, May 14th, 2012 at 6:01 pm by ethan

Telstra finalises $11 billion NBN deal

Telstra CEO David Thodey has been praised for the lucrative NBN deal. Source: News Limited TELSTRA will participate in the rollout of the national broadband network (NBN) after finalising its $11 billion agreement with the federal government and NBN Co. “Today, we have concluded nearly three years of intense and complex negotiations, with multiple parties, and we are very pleased we have delivered this positive outcome for our customers, employees and shareholders,” Telstra chief executive David Thodey stated in a ...

Submited at Tuesday, March 6th, 2012 at 11:00 pm by Gillan

Founder checks out of Foursquare

A CO-FOUNDER at one of New York’s hottest social media start-ups, Foursquare, is turning in his badge. Naveen Selvadurai, who co-founded the location-based social network along with Dennis Crowley in 2009, announced this day he was stepping away from day-to-day duties to try something new. “After three years, I feel I’ve done all I can do and I’m moving on,” he stated in a blog posting that also marked the company’s three-year anniversary. Selvadurai stated he would continue to serve ...

Submited at Tuesday, March 6th, 2012 at 9:00 am by Alina

Brace for huge Telstra broadband prices

Willunga resident Raaj Menon watches Apex technicians Andrew John (on ladder) and Brad Caskey install cables linking his house with the National Broadband Network. Picture: Herald Sun Source: The Advertiser HOUSEHOLDS will be slugged at least $73 a month for Telstra’s most basic National Broadband Network plans. The nation’s biggest telco will charge customers $49.95 a month for its slowest and most basic NBN service and at least $22.95 a month to keep their telephone line as part of the ...

Submited at Monday, February 27th, 2012 at 4:00 pm by ethan

Feeling guilty? Then go to ClearMyGuilt.com

Some Arizona University students have developed a social network to help clear your guilty conscious…no priest needed. Want to know how good/bad you are? now you can find out on-line and get other’s to provide feedback. Picture: Thinkstock Source: Supplied New website lets users confess darkest secrets Users rate the sins as “forgiveable” or “unforgiveable” Website receives about 100,000 visitors a day EVER wondered if your latest indiscretion would land you in heaven, hell or purgatory? Now you can hop ...

Submited at Wednesday, February 22nd, 2012 at 7:00 pm by samantha

U.S. investment company sets sights on MLSE: report

The U.S. private equity firm behind the Yankees Entertainment and Sports Network is interested in buying the parent company of the Toronto Maple Leafs. Providence Equity Partners is looking at the Ontario Teachers’ Pension Plan’s 80 per cent stake in Maple Leaf Sports & Entertainment, a person familiar with the situation told The Canadian Press. “We do not have any comment on the story at all. The sale process is an ownership matter,” Rajani Kamath, corporate communications director for MLSE, ...

Submited at Wednesday, November 16th, 2011 at 6:00 pm by Alina

Facebook and eBay downplay Google threat

Sean Parker, co-founder of Napster stated Facebook would have to screw up in a huge way for Google to steal its crown. Picture: Getty Images Source: Getty Images SILICON Valley star Sean Parker stated this day that Facebook would have to blunder in a huge way for Google’s social network to steal its crown. “Facebook would have to screw up royally and Google would have to do something really smart,” Parker stated during an on-stage interview that opened a Web ...

Submited at Tuesday, October 18th, 2011 at 7:00 pm by Gillan

Google+ Social Network Not Yet Reaching the Mainstream

Building a Facebook killer might be more difficult than people had thought. Google+ appears to have quickly lost its early momentum, according to data from data analytics firm Chitika reported by The Next Web. The social network got an initial spike in traffic that was short-lived: Just four days after its June 20 launch, traffic was back to launch-day levels. The Next Web also offers some anecdotal evidence: “Our monthly referrals from there are down 38% since their peak, while ...

Submited at Thursday, October 13th, 2011 at 2:00 am by madison

Aussies make the smart call on phones

Australians lead the world when it comes to buying smartphones, with nearly one in two now using internet-capable mobiles. Picture: David Caird Source: Herald Sun AUSTRALIANS are leading the world when it comes to buying smartphones, with nearly one in two people now using mobiles capable of connecting to the internet. But our love affair with having an world wide web connection in our pockets is causing headaches for the telcos,The Daily Telegraph reported. Their networks are struggling to keep ...

Submited at Saturday, August 27th, 2011 at 1:01 am by hilman

How to get Facebook on your dumb phone

The new Facebook app works on more than 2500 dumbphones. Picture couretsy Facebook Source: Supplied FACEBOOK has released a mobile app in the hope of bringing its social network to the masses of users who don’t own a smartphone. The new app, called Facebook for Every Phone is a Java-based application that will open up the platform to more than 2500 different “dumb” phones while offering a fast and comprehensive Facebook experience. “This app not only includes Facebook’s most popular ...

Submited at Thursday, July 14th, 2011 at 1:02 am by Gillan